Foremost Clean Energy (FMST) Operating Expenses (2022 - 2025)
Foremost Clean Energy (FMST) posted Operating Expenses of -$5.1 million for Q4 2025, down 15002.21% sequentially from $34396.0 in Q3 2025, and down 9005.19% YoY from $57559.3 in Q4 2024.
Foremost Clean Energy (FMST) Operating Expenses (2022 - 2025) Analysis & Trends
Foremost Clean Energy has reported Operating Expenses for 4 years, with the latest figure at -$5.1 million in Q4 2025.
- Quarterly Operating Expenses fell 9005.19% year-over-year to -$5.1 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was -$6.5 million (down 41005.39% YoY) and the FY2023 annual result came in at $289078.5, down 87.2% from the prior year.
- Operating Expenses slipped to -$5.1 million in Q4 2025 per FMST's latest filing, from $34396.0 in the prior quarter.
- Over five years, Operating Expenses peaked at $2.3 million in Q1 2022 and troughed at -$5.1 million in Q4 2025.
- A 4-year average of $29139.4 and a median of $374586.2 in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses rose 13.28% in 2023, then slumped 9005.19% in 2025.
- Over 4 years, Operating Expenses stood at $1.3 million in 2022, then sank by 58.27% to $557761.5 in 2023, then plunged by 89.68% to $57559.3 in 2024, then plunged by 9005.19% to -$5.1 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$5.1 million, $34396.0, and -$1.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 244.73 Bn | 215.28 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.56 Bn | 28.35 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 10.70 Bn | 8.23 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.34 Bn | 4.45 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.74 Bn | 4.72 Bn | 104.34 Mn | 49.21 Mn |
| 7 | USA Rare Earth | 4.39 Bn | 4.39 Bn | -1.58 Mn | 44.73 Mn |
| 8 | Skeena Resources | 4.30 Bn | 3.87 Bn | - | 12.41 Mn |
| 9 | Evolution Metals & Technologies | 2.59 Bn | 2.59 Bn | -115,000.00 | 12.07 Mn |
| 10 | Foremost Clean Energy | 19.56 Mn | 17.72 Mn | - | -1.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.13 Mn |
| Sep 30, 2025 | 34,395.99 |
| Jun 30, 2025 | -1.43 Mn |
| Dec 31, 2024 | 57,559.28 |
| Sep 30, 2024 | 63,410.59 |
| Jun 30, 2024 | -136,823.45 |
| Dec 31, 2023 | 557,761.47 |
| Sep 30, 2023 | 766,313.77 |
| Jun 30, 2023 | 460,093.96 |
| Mar 31, 2023 | 289,078.52 |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | 676,498.68 |
| Jun 30, 2022 | 595,756.14 |
| Mar 31, 2022 | 2.26 Mn |