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Fortress Minerals Limited reported earnings results for the fourth quarter and full year ended February 28, 2023. For the fourth quarter, the company reported sales was USD 12.18 million compared to USD 5.23 million a year ago. Net income was USD 0.60165 million compared to USD 0.562933 million a year ago. Basic earnings per share from continuing operations was USD 0.0012 compared to USD 0.0011 a year ago.For the full year, sales was USD 53.55 million compared to USD 43.37 million a year ago. Net income was USD 12.61 million compared to USD 13.89 million a year ago. Basic earnings per share from continuing operations was USD 0.0252 compared to USD 0.0278 a year ago.
Period Ending: | Nov 30, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 |
---|---|---|---|---|
Total Revenue | 10.87 | 12.18 | 11.25 | 15.52 |
Gross Profit | 6.46 | 10.74 | 7.21 | 10.06 |
Operating Income | 3.02 | 3.7 | 3.81 | 6.55 |
Net Income | 2.33 | 0.105 | 2.95 | 4.87 |
Period Ending: | Nov 30, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 |
---|---|---|---|---|
Total Assets | 98.73 | 93.69 | 94.04 | 93.92 |
Total Liabilities | 25.8 | 31.48 | 31.54 | 34.42 |
Total Equity | 72.93 | 62.21 | 62.5 | 59.51 |
Period Ending: | Nov 30, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 5.4 | 2.17 | 5.47 | 9.01 |
Cash From Investing Activities | -0.251 | -2.61 | -1 | -1.78 |
Cash From Financing Activities | -2.62 | -2.6 | -3.51 | -5.15 |
Net Change in Cash | 2.65 | -3.34 | 1.08 | 1.98 |
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