Breakdown | ||||
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
-2.00M | -2.05M | -5.20M | -3.92M | -3.95M | EBITDA |
0.00 | -1.87M | -5.18M | -3.04M | -3.93M | Net Income Common Stockholders |
-1.98M | -1.91M | -4.81M | -3.04M | -5.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
1.69K | 137.71K | 1.47M | 4.94M | 877.89K | Total Assets |
100.00K | 38.88M | 39.85M | 35.58M | 28.72M | Total Debt |
0.00 | 60.00K | 60.00K | 2.42M | 2.72M | Net Debt |
-1.69K | -77.71K | -1.41M | -2.52M | 1.84M | Total Liabilities |
5.58M | 5.27M | 6.14M | 5.85M | 6.47M | Stockholders Equity |
-5.48M | 33.61M | 33.70M | 29.73M | 22.25M |
Cash Flow | Free Cash Flow | |||
-1.11M | -1.53M | -9.33M | -4.19M | -6.76M | Operating Cash Flow |
-1.11M | -1.53M | -1.04M | -1.45M | -3.78M | Investing Cash Flow |
185.85K | -920.46K | -7.65M | -2.30M | 5.16M | Financing Cash Flow |
787.84K | 1.12M | 5.23M | 7.80M | -507.19K |
Focus Graphite Advanced Materials Inc. has expanded its testing program with Charge CCCV to include the use of graphite residue from the spheronization process in cathode applications. This initiative aims to enhance resource efficiency and ESG performance by repurposing waste into value-added products, positioning Focus as a leader in graphite recovery utilization and aligning with its strategy to become a high-margin supplier in the battery materials market.
Spark’s Take on TSE:FMS Stock
According to Spark, TipRanks’ AI Analyst, TSE:FMS is a Underperform.
Focus Graphite’s stock score reflects its severe financial challenges, with no revenue and significant losses overshadowing strategic advancements and short-term technical positives. The stock’s speculative valuation and negative financial indicators present substantial risks to investors.
To see Spark’s full report on TSE:FMS stock, click here.
Focus Graphite Advanced Materials Inc. has initiated a work program with Advanced Energy Technologies Corp. to fast-track the testing and qualification of its graphite materials for Charge CCCV’s Digital DNA platform. This initiative aims to provide premium-quality samples from its Lac Knife project in Québec, Canada, for integration into battery energy storage systems and other strategic applications. The exemption of Canadian natural graphite from new U.S. tariffs highlights the urgency and strategic importance of this collaboration, as the U.S. seeks secure domestic sources amidst geopolitical tensions and trade restrictions with China.
Spark’s Take on TSE:FMS Stock
According to Spark, TipRanks’ AI Analyst, TSE:FMS is a Underperform.
Focus Graphite’s overall stock score is low due to severe financial distress with no revenue and high operational losses. Despite strategic partnerships and initiatives to enhance market positioning, these efforts are overshadowed by the negative equity and speculative valuation. Technical analysis indicates a bearish trend, further contributing to the stock’s low attractiveness.
To see Spark’s full report on TSE:FMS stock, click here.
Focus Graphite has announced a strategic debt settlement with Dontech Global Inc., where Joseph Doninger, a veteran in graphite and carbon materials, will receive shares instead of cash for services rendered. This move reflects confidence in Focus Graphite’s Lac Knife Project and its innovative battery technologies, positioning the company to meet North America’s growing demand for high-performance graphite materials. The agreement allows Focus Graphite to retain more capital for advancing its technologies and projects, aligning with the company’s strategic direction and benefiting from the U.S. exemption of Canadian natural flake graphite from tariffs.
Spark’s Take on TSE:FMS Stock
According to Spark, TipRanks’ AI Analyst, TSE:FMS is a Neutral.
Focus Graphite’s stock is primarily hindered by severe financial distress, with no revenue and high operational losses. While it demonstrates short-term technical positives and strategic advancements, these are overshadowed by financial instability and speculative valuation.
To see Spark’s full report on TSE:FMS stock, click here.
Focus Graphite has initiated third-party validation testing of its proprietary spheroidized graphite anode materials with Charge CCCV (C4V), a leading battery technology company. This collaboration marks a significant step towards commercializing Focus Graphite’s advanced anode materials and enhancing its market positioning in the global battery supply chain. The validation process is expected to provide critical real-world performance data, potentially positioning Focus as a supplier for Gigafactory projects worldwide. The Lac Knife project, which is advancing through Canada’s mine permitting process, is anticipated to supply a consistent and high-quality graphite source for future applications.
Focus Graphite Advanced Materials Inc. has joined the Military Power Sources Consortium and the American Carbon Society, reinforcing its commitment to strengthening North America’s critical mineral supply chain. This move aligns the company with military and carbon industry leaders in the U.S., enhancing its strategic positioning to support national security and advanced technologies. With the U.S. government prioritizing domestic graphite supply, Focus Graphite’s projects in Québec are well-positioned to play a pivotal role in securing essential materials for military and industrial use, ensuring resilience in the domestic supply chain.
Focus Graphite Inc. has established a U.S. storage and shipping hub in Sarasota, Florida, to enhance the accessibility of its high-grade graphite materials for American clients, including industry and government partners. This strategic move aims to streamline distribution and improve logistical efficiencies, particularly for the defense, energy, and battery sectors. The initiative aligns with the U.S. government’s policy to reduce reliance on foreign minerals, especially from China, and supports Focus Graphite’s goal to provide a secure, high-quality graphite supply for energy storage, military, and industrial applications.
Focus Graphite has shipped 2 tons of high-purity natural flake graphite ore from its Lac Knife deposit to a US-based carbon processing plant to update its Certificates of Analysis. This move is part of the company’s strategy to showcase the unique characteristics of its graphite, support its advanced battery technology development, and align its products with global market requirements through collaboration with American Energy Technologies Co.
Focus Graphite Advanced Materials Inc. has announced updates on its patent applications for its silicon-enhanced spheroidized graphite technology, which promises to enhance lithium-ion battery performance. The patents are currently pending in the United States, Canada, Europe, and South Korea, with a focus on accelerating commercialization through expedited processes in Canada.
Focus Graphite Inc. has initiated a flake characterization study at its Lac Knife graphite deposit in Quebec as part of its strategy to enhance mining efficiency and sustainability. By employing advanced imaging and analytical techniques, the study aims to improve resource modeling and inform selective mining strategies, thus reinforcing Focus Graphite’s position as a leader in sustainable graphite production.
Focus Graphite Inc. has announced a non-brokered private placement of up to 5,000,000 units at $0.10 per unit, aiming to raise $500,000. The proceeds will support existing operations and general working capital. This strategic financial move, expected to close by February 15, 2025, highlights Focus Graphite’s ongoing efforts to strengthen its operational base and secure its position in the advanced materials industry.