Revenue
65.2 thousand USD
2025 Q3 · USD
Exact inputs and evidence
- Revenue: 65195 USD Source
Fundies. English
FORMATION MINERALS, INC.
EDGAR18 filing records in this dataset, filed from 2021-10-04 to 2025-05-28. Reported financial figures are available; chart coverage varies by period.
Latest quarter
Operating margin
-564.76%
2025 Q3 · %
Operating cash flow
-97.8 thousand USD
2025 Q3 · USD
- Cash and cash equivalents
- 380 thousand USD Source
Exact value
379606 USD
- Long-term debt including current maturities
- 17.9 thousand USD
- Shares outstanding
- 99.1 million shares Source
Exact value
99112508 shares
Reported share-count change
75.89% · 42.8 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2025-05-28.
Financial data available through: 2024-04-30.
Coverage by financial measure
- Revenue: 4 of 11 periods available· newest 2024-04-30
- Operating income: 4 of 11 periods available· newest 2024-04-30
- Net income: 4 of 11 periods available· newest 2024-04-30
- Operating cash flow: 4 of 11 periods available· newest 2024-04-30
- capital expenditure: No compatible figures in this window
- Total assets: 4 of 11 periods available· newest 2024-04-30
- Total liabilities: 4 of 11 periods available· newest 2024-04-30
- Current assets: 4 of 11 periods available· newest 2024-04-30
- Current liabilities: 4 of 11 periods available· newest 2024-04-30
- Cash and cash equivalents: 1 of 11 periods available· newest 2021-04-30
- Long-term debt including current maturities: 2 of 11 periods available· newest 2022-04-30
- Shares outstanding: 4 of 11 periods available· newest 2024-04-30
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-74.1%Prior period
USD 4,417
–
Current period
USD 1,146
–
Exact inputs and evidence
1146 − 4417 = -3271 USD
4417 USD · 2022-05-01 – 2023-04-30
Inspect prior input Prior source1146 USD · 2023-05-01 – 2024-04-30
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 911,849Prior period
−USD 766,058
–
Current period
−USD 1.68 million
–
Exact inputs and evidence
-1677907 − -766058 = -911849 USD
-766058 USD · 2022-05-01 – 2023-04-30
Inspect prior input Prior source-1677907 USD · 2023-05-01 – 2024-04-30
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 228,617Prior period
−USD 435,375
–
Current period
−USD 206,758
–
Exact inputs and evidence
-206758 − -435375 = 228617 USD
-435375 USD · 2022-05-01 – 2023-04-30
Inspect prior input Prior source-206758 USD · 2023-05-01 – 2024-04-30
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2024 2023-05-01 – 2024-04-30
- Revenue USD 1,146 100% of revenue
- Operating costs Derived USD 1.16 million 101,095% of revenue
- Operating income −USD 1.16 million −100,995% of revenue
- Tax, interest and other Derived USD 520,504 45,419% of revenue
- Net income −USD 1.68 million −146,414% of revenue
Cash
- Operating cash flow −USD 206,758 −18,042% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2021 Operating loss: operating costs were 7,121% of revenue.
- 2022 Operating loss: operating costs were 16,349% of revenue.
- 2023 Operating loss: operating costs were 17,739% of revenue.
- 2024 Operating loss: operating costs were 101,095% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2021 2020-05-01 – 2021-04-30 | 12572 | 895222 Derived | -882650 | -91976 Derived | -790674 | Unavailable | Source
|
| 2022 2021-05-01 – 2022-04-30 | 6424 | 1050275 Derived | -1043851 | -113890 Derived | -929961 | Unavailable | Source
|
| 2023 2022-05-01 – 2023-04-30 | 4417 | 783514 Derived | -779097 | -13039 Derived | -766058 | Unavailable | Source
|
| 2024 2023-05-01 – 2024-04-30 | 1146 | 1158549 Derived | -1157403 | 520504 Derived | -1677907 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 1.1K 2024
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2021 | Revenue | 12572 |
|
| 2022 | Revenue | 6424 |
|
| 2023 | Revenue | 4417 |
|
| 2024 | Revenue | 1146 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-74.1% 2024
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2021 | Year over year | No prior comparable period |
|
| 2022 | Year over year | -48.9% |
|
| 2023 | Year over year | -31.2% |
|
| 2024 | Year over year | -74.1% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -100,995% 2024
Net margin -146,414.2% 2024
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2021 | Operating margin | -7,020.8% |
|
| 2022 | Operating margin | -16,249.2% |
|
| 2023 | Operating margin | -17,638.6% |
|
| 2024 | Operating margin | -100,995% |
|
| 2021 | Net margin | -6,289.2% |
|
| 2022 | Net margin | -14,476.4% |
|
| 2023 | Net margin | -17,343.4% |
|
| 2024 | Net margin | -146,414.2% |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -206.8K 2024
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2021 | Operating cash flow | -315820 |
|
| 2022 | Operating cash flow | -632119 |
|
| 2023 | Operating cash flow | -435375 |
|
| 2024 | Operating cash flow | -206758 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
462.8% 2024
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2021 | Liabilities / assets | 115.5% |
|
| 2022 | Liabilities / assets | 205.4% |
|
| 2023 | Liabilities / assets | 2,777.7% |
|
| 2024 | Liabilities / assets | 462.8% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.18× 2024
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2021 | Current assets / current liabilities | 1.19× |
|
| 2022 | Current assets / current liabilities | 0.5× |
|
| 2023 | Current assets / current liabilities | 0.04× |
|
| 2024 | Current assets / current liabilities | 0.18× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2021 2020-05-01 – 2021-04-30 | −USD 790,674 Exact valueExact value: -790674 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 315,820 Exact valueExact value: -315820 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2021-05-01 – 2022-04-30 | −USD 929,961 Exact valueExact value: -929961 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 632,119 Exact valueExact value: -632119 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2022-05-01 – 2023-04-30 | −USD 766,058 Exact valueExact value: -766058 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 435,375 Exact valueExact value: -435375 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-05-01 – 2024-04-30 | −USD 1.68 million Exact valueExact value: -1677907 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 206,758 Exact valueExact value: -206758 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
18 filings · 825 latest values · 825 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001885336, 1885336, SESU, SSTC, edgar:1885336
Also known as FORMATION MINERALS, INC., SENSASURE TECHNOLOGIES INC., SENSASURE TECHNOLOGIES, INC., SensaSure Technologies, Inc., Sensasure Technologies Inc., Sensasure Technologies, Inc.