Forsys Metals (FSY.TO) Financial Statements
Price: $0.56
Market Cap: $117.98M
Avg Volume: 216.54K
Market Cap: $117.98M
Avg Volume: 216.54K
Country: CA
Industry: Industrial Materials
Sector: Basic Materials
Industry: Industrial Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Forsys Metals.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- | $- | $- | $10.99K | $25.23K | $- |
| Cost of Revenue | $- | $- | $- | $- | $- | $134 | $1.25K | $10.99K | $25.23K | $40.50K |
| Gross Profit | $- | $- | $- | $- | $- | $-134 | $-1.25K | $- | $- | $-40.50K |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | - | 0.00% | 0.00% | - |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.77M | $1.76M | $3.86M | $766.46K | $986.48K | $521.37K | $648.33K | $810.92K | $1.11M | $1.63M |
| Selling and Marketing Expenses | $4.38M | $- | $- | $- | $- | $- | $76.73K | $69.03K | $152.75K | $- |
| Selling General and Administrative Expenses | $6.15M | $1.76M | $3.86M | $766.46K | $986.48K | $521.37K | $725.06K | $879.95K | $1.27M | $1.63M |
| Other Expenses | $- | $- | $3.35K | $- | $72.64K | $-52.48K | $1.25K | $- | $- | $6.16K |
| Operating Expenses | $6.15M | $1.76M | $3.86M | $766.46K | $986.48K | $521.37K | $726.31K | $879.95K | $1.27M | $1.63M |
| Cost and Expenses | $6.15M | $1.76M | $3.86M | $766.46K | $986.48K | $521.50K | $726.31K | $890.94K | $1.29M | $1.67M |
| Interest Income | $601.34K | $145.16K | $4.90K | $1.38K | $6.58K | $5.15K | $1.27K | $3.15K | $8.02K | $21.84K |
| Interest Expense | $- | $- | $- | $- | $- | $- | $148.31M | $2.32M | $2.50M | $4.05M |
| Depreciation and Amortization | $6.15M | $1.57M | $3.73M | $699.95K | $134 | $134 | $1.25K | $10.99K | $20.05K | $40.50K |
| EBITDA | $383.40K | $- | $- | $- | $-925.41K | $-452.88K | $-74.88M | $-1.49M | $-1.36M | $-1.62M |
| EBITDA Ratio | - | 0.00% | 0.00% | 0.00% | - | - | - | -13543.08% | -5386.64% | - |
| Operating Income | $-6.15M | $-8.47M | $-3.85M | $-766.57K | $-985.73K | $-724.62K | $73.43M | $822.93K | $1.30M | $1.66M |
| Operating Income Ratio | - | - | - | - | - | - | - | 7490.76% | 5167.06% | - |
| Total Other Income Expenses Net | $383.40K | $7.96M | $-130.92K | $-65.02K | $17.54K | $155.79K | $-74.20M | $-675.89K | $108.94K | $-722.63K |
| Income Before Tax | $-5.77M | $6.39M | $-3.86M | $-764.97K | $-908.01K | $-365.71K | $-74.88M | $-1.50M | $-1.19M | $-2.39M |
| Income Before Tax Ratio | - | - | - | - | - | - | - | -13643.06% | -4735.31% | - |
| Income Tax Expense | $56.86K | $3.14M | $2.81K | $-2.24K | $-5.83K | $-359.62K | $148.31M | $1.22M | $-185.96K | $1.46M |
| Net Income | $-5.82M | $3.25M | $-3.86M | $-762.73K | $-902.19K | $-365.00K | $-74.88M | $-1.50M | $-1.19M | $-2.39M |
| Net Income Ratio | - | - | - | - | - | - | - | -13641.55% | -4729.08% | - |
| EPS | $-0.03 | $0.02 | $-0.02 | $0.00 | $-0.01 | $0.00 | $-0.51 | $-0.01 | $-0.01 | $-0.02 |
| EPS Diluted | $-0.03 | $0.02 | $-0.02 | $0.00 | $-0.01 | $0.00 | $-0.51 | $-0.01 | $-0.01 | $-0.02 |
| Weighted Average Shares Outstanding | 195.17M | 195.17M | 185.40M | 166.27M | 156.90M | 154.03M | 147.98M | 138.13M | 122.68M | 111.53M |
| Weighted Average Shares Outstanding Diluted | 195.17M | 195.17M | 185.40M | 166.27M | 156.90M | 154.03M | 147.98M | 138.13M | 122.68M | 111.53M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.33M | $12.41M | $16.92M | $12.56M | $876.97K | $712.65K | $652.62K | $282.91K | $418.04K | $881.50K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $3.33M | $12.41M | $16.92M | $12.56M | $876.97K | $712.65K | $652.62K | $282.91K | $418.04K | $881.50K |
| Net Receivables | $136.37K | $352.38K | $62.97K | $31.62K | $26.03K | $10.52K | $22.95K | $21.59K | $4.99K | $14.36K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $9.68K | $- | $- |
| Other Current Assets | $203.73K | $152.84K | $58.31K | $17.35K | $20.49K | $17.43K | $16.81K | $9.68K | $16.65K | $17.58K |
| Total Current Assets | $3.67M | $12.91M | $17.04M | $12.61M | $923.49K | $740.61K | $692.38K | $314.19K | $439.68K | $913.45K |
| Property Plant Equipment Net | $17.96M | $11.36M | $10.28M | $9.90M | $10.70M | $11.35M | $12.01M | $15.60M | $88.31M | $85.10M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $2.35M | $2.57M | $2.75M | $2.95M | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Assets | $17.96M | $11.36M | $10.28M | $12.25M | $13.27M | $14.11M | $14.95M | $15.60M | $88.31M | $85.10M |
| Other Assets | $- | $- | $- | $2 | $- | $- | $- | $- | $- | $- |
| Total Assets | $21.62M | $24.27M | $27.32M | $24.86M | $14.20M | $14.85M | $15.65M | $15.91M | $88.75M | $86.01M |
| Account Payables | $342.73K | $125.44K | $102.69K | $78.84K | $142.81K | $102.55K | $204.48K | $252.40K | $12.38K | $76.06K |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $1.91M | $2.05M | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $- | $- | $- | $- | $-1 | $- | $96.37K | $231.70K | $191.55K |
| Total Current Liabilities | $342.73K | $2.04M | $2.15M | $78.84K | $142.81K | $102.55K | $204.48K | $348.76K | $244.09K | $267.61K |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $204.48K | $1 | $- | $- |
| Total Non-Current Liabilities | $- | $- | $102.69K | $- | $- | $1 | $204.48K | $1 | $12.38K | $267.61K |
| Other Liabilities | $- | $- | $-102.69K | $- | $- | $- | $-204.48K | $- | $-12.38K | $-267.61K |
| Total Liabilities | $342.73K | $2.04M | $2.15M | $78.84K | $142.81K | $102.55K | $204.48K | $348.76K | $244.09K | $267.61K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $176.21M | $174.21M | $174.21M | $174.21M | $165.84M | $164.85M | $164.85M | $209.39M | $208.83M | $208.18M |
| Retained Earnings | $-184.75M | $-182.09M | $-182.36M | $-184.32M | $-180.46M | $-179.69M | $-178.61M | $-178.25M | $-103.37M | $-101.87M |
| Accumulated Other Comprehensive Income Loss | $-20.36M | $-21.09M | $-19.76M | $-18.20M | $-17.08M | $-16.16M | $-15.83M | $-15.36M | $-16.77M | $-20.33M |
| Other Total Stockholders Equity | $50.18M | $51.21M | $53.08M | $53.08M | $44.45M | $45.75M | $43.91M | $43.91M | $- | $-1.19M |
| Total Stockholders Equity | $21.28M | $22.24M | $25.17M | $24.78M | $14.05M | $14.74M | $15.61M | $15.78M | $88.69M | $85.97M |
| Total Equity | $21.28M | $22.24M | $25.17M | $24.79M | $14.05M | $14.74M | $15.44M | $15.56M | $88.50M | $85.75M |
| Total Liabilities and Stockholders Equity | $21.62M | $24.27M | $27.32M | $24.86M | $14.20M | $14.85M | $15.65M | $15.91M | $88.75M | $86.01M |
| Minority Interest | $- | $- | $- | $3.98K | $4.38K | $5.66K | $-169.38K | $-215.15K | $-185.02K | $-226.91K |
| Total Liabilities and Total Equity | $21.62M | $24.27M | $27.32M | $24.86M | $14.20M | $14.85M | $15.65M | $15.91M | $88.75M | $86.01M |
| Total Investments | $- | $- | $- | $2.35M | $2.57M | $2.75M | $2.95M | $- | $- | $- |
| Total Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Debt | $-3.33M | $-12.41M | $-16.92M | $-12.56M | $-876.97K | $-712.65K | $-652.62K | $-282.91K | $-418.04K | $-881.50K |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-2.66M | $-5.82M | $3.25M | $-3.86M | $-764.97K | $-908.01K | $-365.71K | $-74.88M | $-1.50M | $-1.19M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $134 | $1.25K | $10.99K | $20.05K |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $343.38K | $4.22M | $- | $2.58M | $- | $543.00K | $- | $- | $- | $- |
| Change in Working Capital | $-1.57M | $-503.30K | $2.05M | $-66.42K | $21.69K | $-90.12K | $-37.32K | $228.20K | $44.79K | $-60.26K |
| Accounts Receivables | $216.02K | $-289.41K | $-27.90K | $-5.59K | $-15.51K | $12.43K | $-1.36K | $-16.15K | $9.69K | $11.15K |
| Inventory | $- | $-22.75K | $27.90K | $63.97K | $- | $- | $- | $6.99K | $- | $- |
| Accounts Payables | $267.49K | $22.75K | $70.00K | $-63.97K | $- | $- | $- | $141.00K | $33.95K | $-81.35K |
| Other Working Capital | $-2.05M | $-213.89K | $1.98M | $-60.83K | $37.20K | $-102.55K | $-37.32K | $96.36K | $1.15K | $9.94K |
| Other Non Cash Items | $-301.28K | $-601.34K | $-8.16M | $-4.90K | $-1.38K | $-6.58K | $-153.63K | $74.15M | $607.63K | $-116.86K |
| Net Cash Provided by Operating Activities | $-4.19M | $-2.71M | $-2.86M | $-1.35M | $-744.66K | $-461.71K | $-556.52K | $-499.43K | $-835.42K | $-1.35M |
| Investments in Property Plant and Equipment | $-5.86M | $-2.07M | $-323.35K | $-74.83K | $-35.64K | $-17.31K | $-17.24K | $-37.32K | $-354.36K | $-4.66K |
| Acquisitions Net | $- | $- | $7.05M | $- | $- | $- | $200.96K | $- | $70.50K | $19.96K |
| Purchases of Investments | $- | $- | $-9.48M | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $9.80M | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $301.28K | $601.34K | $-178.19K | $4.90K | $1.38K | $431.83K | $412.08K | $1.27K | $73.66K | $-1.31M |
| Net Cash Used for Investing Activities | $-5.56M | $-1.47M | $6.87M | $-69.93K | $-34.26K | $414.52K | $394.85K | $-36.05K | $-280.70K | $-1.32M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $13.00M | $1.00M | $- | $550.00K | $412.50K | $660.00K | $1.84M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $629.00K | $-1 | $- | $121.67K | $-8.39K | $- | $-16.55K | $-12.17K | $-7.83K | $-29.77K |
| Net Cash Used Provided by Financing Activities | $629.00K | $- | $-1 | $13.12M | $991.61K | $- | $533.45K | $400.33K | $652.17K | $1.81M |
| Effect of Forex Changes on Cash | $43.13K | $-343.16K | $350.90K | $-17.41K | $-48.38K | $107.22K | $-2.06K | $28 | $490 | $-4.10K |
| Net Change in Cash | $-9.08M | $-4.52M | $4.36M | $11.69M | $164.31K | $60.03K | $369.71K | $-135.13K | $-463.46K | $-861.10K |
| Cash at End of Period | $3.33M | $12.41M | $16.92M | $12.56M | $876.97K | $712.65K | $652.62K | $282.91K | $418.04K | $881.50K |
| Cash at Beginning of Period | $12.41M | $16.92M | $12.56M | $876.97K | $712.65K | $652.62K | $282.91K | $418.04K | $881.50K | $1.74M |
| Operating Cash Flow | $-4.19M | $-2.71M | $-2.86M | $-1.35M | $-744.66K | $-461.71K | $-556.52K | $-499.43K | $-835.42K | $-1.35M |
| Capital Expenditure | $-5.86M | $-2.07M | $-323.35K | $-74.83K | $-35.64K | $-17.31K | $-17.24K | $-37.32K | $-354.36K | $-4.66K |
| Free Cash Flow | $-10.05M | $-4.78M | $-3.18M | $-1.42M | $-780.30K | $-479.02K | $-573.76K | $-536.75K | $-1.19M | $-1.36M |