Saturday 17 October 2026 Export FMST’s income statement to Excel — free account

Foremost Clean Energy Ltd.

FMST Basic Materials Other Industrial Metals & Mining

In the quarter to June 2026, EPS fell 233.3% and free cash flow fell 7.34%, each against the same quarter a year earlier.

0.50 0.03 −5.66%

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Market cap: $9.2M
P/E: 0.0×
Fwd P/E: —
Dividend yield: —
F-score: n/a
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 19.52%

Capital & Financial Ratios $m

Market Cap 9.20

Revenue —

Net Income (6.03)

Free Cash Flow (12.06)

Net Debt (2.56)

Current Ratio 2.53

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.32

Past 5Y EPS Growth —

This Y EPS Growth 41.27%

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 1.58%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	1	4	5	3
Receivables	0	0	0	0
Inventory	—	—	—	—
Other	—	—	—	—
	1	4	5	3

	2024	2025	2026	Q'26
Payables	1	0	1	1
ST’ Debt	—	—	—	—
Other	0	1	1	1
	2	2	2	1

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	—
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	41.29%	48.43%

Revenue $m

	Year

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(1)	—	—	—	—
’26	(1)	(2)	(1)	(1)	(5)
’25	(1)	0	(2)	0	(3)
’24	0	(1)	(1)	(1)	(3)
’23	0	0	2	(3)	(2)
’22	0	0	0	(1)	(1)
’21	—	—	—	—	(1)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	(3)	—	—	—	—
’26	(3)	(3)	(4)	(2)	(12)
’25	(1)	0	(2)	(1)	(4)
’24	0	(2)	(1)	(2)	(5)
’23	(1)	(1)	2	(1)	(3)
’22	0	0	(1)	(1)	(2)
’21	—	—	—	—	(1)

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	(0.04)	—	—	—	—
’26	0.03	(0.15)	(0.10)	(0.13)	(0.38)
’25	(0.12)	(0.21)	(0.16)	(0.11)	(0.34)
’24	(0.11)	(0.29)	(0.10)	(0.23)	(0.73)
’23	0.00	0.00	0.01	0.18	0.18
’22	0.00	0.00	0.00	(0.01)	(0.02)
’21	—	—	—	—	(0.74)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	2.63	1.89	0.85	0.51	3.62	4.26	1.77	1.32	0.55	0.48	Analyst estimates 2027–2029 Powerpack
	High	40.31	44.00	6.69	4.51	12.27	20.75	10.00	3.50	5.74	2.79
People
People	Employees	—	—	—	—	—	2	2	2	3	3
	Revenue/emp, $m	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	—	—	—	—	—	—	—	—	—	—
	Gross margin, %	—	—	—	0.00	—	—	—	—	—	—
	EBT	—	—	(2)	(2)	(2)	(3)	1	(3)	(3)	(5)
	EBT margin, %	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Net income	—	—	(2)	(2)	(2)	(3)	1	(3)	(3)	(5)
	Depreciation	—	—	—	0	—	—	—	—	—	—
Per share, $
Per share, $	Revenue	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Earnings	—	—	(0.98)	(0.64)	(0.74)	(0.02)	0.19	(0.73)	(0.34)	(0.38)
	Cash flow	—	—	(0.45)	(0.12)	(0.23)	(0.01)	(0.49)	(0.62)	(0.36)	(0.42)
	Capex	—	—	0.00	0.00	0.00	0.00	(0.17)	(0.39)	(0.19)	(0.49)
	Free cash flow	—	—	(0.45)	(0.12)	(0.23)	(0.01)	(0.66)	(1.01)	(0.55)	(0.90)
	Book value	—	—	2.06	1.44	1.63	0.03	2.05	2.17	2.34	1.96
	Shares, m	—	—	2	2	3	164	4	5	8	13
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	—	—	—
	P/S	—	—	—	—	—	—	—	—	—	—
	P/B	—	—	—	—	—	—	—	—	—	—
	EV/Sales	—	—	—	—	—	—	—	—	—	—
	EV/FCF	—	—	—	—	—	—	—	—	—	—
Cash, $m
Cash, $m	Operating cash flow	—	—	(1)	0	(1)	(1)	(2)	(3)	(3)	(5)
	Capex	—	—	(2)	0	0	(1)	(1)	(2)	(1)	(6)
	Free cash flow	—	—	(1)	0	(1)	(2)	(3)	(5)	(4)	(12)
Balance, $m
Balance, $m	Working capital	—	—	0	0	0	(1)	(2)	(1)	2	3
	Total debt	—	—	0	0	0	0	1	—	—	—
	Net debt	—	—	0	0	0	0	0	(1)	(4)	(5)
	Shareholders’ equity	—	—	4	4	5	5	8	10	18	26
Returns, %
Returns, %	ROA	—	—	0.00	(35.44)	(43.82)	(56.95)	8.84	(29.64)	(16.12)	(20.63)
	ROIC	—	—	0.00	0.00	0.00	(39.03)	(23.26)	(23.02)	(18.65)	(19.02)
	ROE	—	—	0.00	(40.53)	(51.14)	(66.62)	10.93	(37.57)	(18.97)	(23.06)

Negative figures in brackets.

All 10 years →

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ELBM Electra Battery Materials Corporation	$49.7M	— (loss-making)	—	—	n/m	−57.28% (below 0%: shrinking)	0.00%	0.00%	Compare
LGO Largo Inc.	$49.5M	— (loss-making)	— (loss-making)	+68.47% (above 0%: growing)	n/m	−714.62% (below 0%: shrinking)	(9.16%)	(21.67%)	Compare
XPL Solitario Resources Corp.	$48.8M	— (loss-making)	— (loss-making)	+104.00% (above 0%: growing)	n/m	−71.23% (below 0%: shrinking)	0.00%	0.00%	Compare
GRFXY Graphex Group Limited Sponsored ADR	$45.1M	— (loss-making)	—	−17.91% (below 0%: shrinking)	n/m	−155.11% (below 0%: shrinking)	33.07%	0.00%	Compare
OMEX Odyssey Marine Exploration, Inc.	$37.6M	— (loss-making)	— (loss-making)	−42.30% (below 0%: shrinking)	n/m	−136.14% (below 0%: shrinking)	100.00%	(9,869.58%)	Compare
FNUC Snow Lake Resources Ltd.	$33.7M	— (loss-making)	—	—	n/m	−129.62% (below 0%: shrinking)	—	0.00%	Compare
FMST Foremost Clean Energy Ltd.	$9.2M	— (loss-making)	—	—	n/m	−7.34% (below 0%: shrinking)	—	0.00%
GTIJF Global Tech Industries Group, Inc.	$8.7M	— (loss-making)	—	—	n/m	−15.07% (below 0%: shrinking)	(168.97%)	(961.38%)	Compare
CHNR China Natural Resources, Inc.	$4.9M	— (loss-making)	10.0×	+80.53% (above 0%: growing)	n/m	+41.56% (above 0%: growing)	55.99%	0.00%	Compare
Median of peers	$41.3M	—	—	+68.47%	—	−100.42%	0.00%	0.00%

All 46 Other Industrial Metals & Mining stocks →

Foremost Clean Energy Ltd. (FMST) key facts

Foremost Clean Energy Ltd. (FMST) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on Nasdaq.
As of October 16, 2026, FMST traded at $0.50, a market capitalization of $9.2 million.
Return on equity was −23.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.