FAT.CN | Foremost Lithium Resource & Technology Ltd.

Annual Income Statements

(In CAD)

Breakdown	2024	2023	2022	2021	2020	2019
Revenue	-	-	-	-	-	-
Cost of Revenue	-	4.40	-	-	3770.00	-
Gross Profit	-	-4.40	-	-	-3770.00	-
Operating Expenses	4.34 Million	3.53 Million	3.92 Million	2.42 Million	1.25 Million	2.65 Million
Selling, General and Administrative Expenses	4.49 Million	3.53 Million	3.92 Million	2.42 Million	1.25 Million	2.65 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-1000.00	983.45 Thousand	5925.00	4295.00	17.86 Thousand	19.99 Thousand
Cost and Expenses	4.34 Million	3.53 Million	3.92 Million	2.42 Million	1.26 Million	2.65 Million
Operating Income	-3.29 Million	-2.54 Million	-3.92 Million	-2.39 Million	-1.21 Million	-2.65 Million
Interest Expense	126.6 Thousand	104.03 Thousand	146.15 Thousand	202.17 Thousand	112.36 Thousand	75.91 Thousand
Income Tax Expense	-	1.08 Million	77.17 Thousand	206.47 Thousand	130.23 Thousand	66.88 Thousand
Earnings before Tax	-4.47 Million	956.57 Thousand	-4.15 Million	-2.61 Million	-2.26 Million	-2.72 Million
Net Income	-4.47 Million	956.57 Thousand	-4.22 Million	-2.81 Million	-2.4 Million	-2.72 Million
Earnings Per Share Basic	-0.99	0.25	-1.29	-1.01	-0.98	-1.31
Earnings Per Share Diluted	-0.99	0.24	-1.29	-1.01	-0.98	-1.31
Weighted Average Shares Outstanding	4.51 Million	3.83 Million	3.27 Million	2.79 Million	2.45 Million	2.07 Million
Weighted Average Shares Outstanding (Diluted)	4.51 Million	3.93 Million	3.27 Million	2.79 Million	2.45 Million	2.07 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-1.17 Million	4.25 Million	-548.87 Thousand	-1.47 Million	-2.26 Million	-2.65 Million
Earnings Before Tax Margin	-	-	-	-	-	-

Breakdown	2024 Q1	2023 Q4	2023 FY	2023 Q3	2023 Q2	2023 Q1
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	1.06 Million	1.12 Million	4.49 Million	979.02 Thousand	1.84 Million	593.16 Thousand
Selling, General and Administrative Expenses	1.06 Million	1.12 Million	-	979.02 Thousand	1.84 Million	538.56 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	16.28 Thousand	-	-1000.00	-	1481.00	1481.00
Cost and Expenses	1.06 Million	1.12 Million	4.49 Million	979.02 Thousand	1.84 Million	593.16 Thousand
Operating Income	-1.06 Million	-1.12 Million	-4.49 Million	-979.02 Thousand	-1.99 Million	-526.52
Interest Expense	32.41 Thousand	28.54 Thousand	126.6 Thousand	33.6 Thousand	-	24.86 Thousand
Income Tax Expense	-	-43.81 Thousand	-167.89 Thousand	-979.02	-148.77 Thousand	25.82 Thousand
Earnings before Tax	-857.09 Thousand	-1.51 Million	-4.47 Million	-654.94 Thousand	-1.69 Million	-608.17 Thousand
Net Income	-857.09 Thousand	-1.51 Million	-4.47 Million	-654.94 Thousand	-1.69 Million	-608.17 Thousand
Earnings Per Share Basic	-0.16	-0.29	-	-0.14	-0.39	-0.15
Earnings Per Share Diluted	-0.16	-0.29	-	-0.14	-0.39	-0.15
Weighted Average Shares Outstanding	5.38 Million	5.2 Million	4.51 Million	4.83 Million	4.32 Million	3.97 Million
Weighted Average Shares Outstanding (Diluted)	5.38 Million	5.2 Million	4.51 Million	4.83 Million	4.32 Million	3.97 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-1.06 Million	-1.12 Million	-	-979.02 Thousand	-1.99 Million	-590.74 Thousand
Earnings Before Tax Margin	-	-	-	-	-	-