Fortress Minerals Limited (SGX:OAJ)

Fortress Minerals Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	62.4	56.25	53.93	53.55	43.37	47.72
Revenue Growth (YoY)	15.70%	4.30%	0.72%	23.48%	-9.12%	84.06%
Cost of Revenue	30.95	25.55	23.08	18.1	11.65	12.65
Gross Profit	31.45	30.7	30.85	35.45	31.72	35.07
Selling, General & Admin	9.74	8.97	8.31	8.35	5.58	5.69
Other Operating Expenses	8.29	8.21	7.38	6.79	6.78	5.82
Operating Expenses	18.04	17.19	15.68	15.14	12.36	11.51
Operating Income	13.41	13.51	15.17	20.31	19.36	23.56
Interest Expense	-0.53	-0.6	-0.96	-1.01	-0.79	-0.06
Interest & Investment Income	0.27	0.27	0.17	0.03	0.01	0.04
Currency Exchange Gain (Loss)	-	-	-	-	0.07	-
EBT Excluding Unusual Items	13.4	13.19	14.39	19.33	18.66	23.53
Merger & Restructuring Charges	-	-	-	-	-0.04	-0.21
Gain (Loss) on Sale of Investments	0.02	0.01	0.05	0	-	-
Gain (Loss) on Sale of Assets	-	-	0.16	0.01	0.03	0.03
Asset Writedown	-3	-3	-	-	-	-
Other Unusual Items	0.3	0.3	-0.72	-1.79	-	0
Pretax Income	10.72	10.49	13.87	17.56	18.66	23.36
Income Tax Expense	4.78	4.72	3.84	5.46	4.77	5.11
Earnings From Continuing Operations	5.94	5.77	10.04	12.1	13.88	18.25
Net Income to Company	5.94	5.77	10.04	12.1	13.88	18.25
Minority Interest in Earnings	0.53	0.55	0.01	0.02	0.01	0.01
Net Income	6.47	6.32	10.05	12.12	13.89	18.25
Net Income to Common	6.47	6.32	10.05	12.12	13.89	18.25
Net Income Growth	-35.65%	-37.06%	-17.07%	-12.78%	-23.89%	180.94%
Shares Outstanding (Basic)	523	523	521	500	500	500
Shares Outstanding (Diluted)	523	523	521	500	500	500
Shares Change (YoY)	0.50%	0.50%	4.14%	-	-	1.06%
EPS (Basic)	0.01	0.01	0.02	0.02	0.03	0.04
EPS (Diluted)	0.01	0.01	0.02	0.02	0.03	0.04
EPS Growth	-35.97%	-37.38%	-20.37%	-12.78%	-23.89%	178.00%
Free Cash Flow	5.33	9.85	9.15	13.75	7.43	11.92
Free Cash Flow Per Share	0.01	0.02	0.02	0.03	0.01	0.02
Dividend Per Share	0.003	0.003	0.005	0.006	0.006	0.007
Dividend Growth	-26.09%	-26.09%	-23.33%	3.45%	-22.67%	92.31%
Gross Margin	50.40%	54.57%	57.21%	66.21%	73.15%	73.50%
Operating Margin	21.50%	24.02%	28.13%	37.92%	44.65%	49.36%
Profit Margin	10.36%	11.24%	18.63%	22.63%	32.04%	38.25%
Free Cash Flow Margin	8.55%	17.52%	16.97%	25.67%	17.14%	24.97%
EBITDA	18.07	17.99	19.56	23.99	22.42	26.35
EBITDA Margin	28.95%	31.98%	36.27%	44.80%	51.71%	55.23%
D&A For EBITDA	4.65	4.48	4.39	3.68	3.06	2.8
EBIT	13.41	13.51	15.17	20.31	19.36	23.56
EBIT Margin	21.50%	24.02%	28.13%	37.92%	44.65%	49.36%
Effective Tax Rate	44.58%	44.97%	27.65%	31.11%	25.59%	21.89%

Updated Jan 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.