NASDAQ : FRTT
Fort Technology Inc. — Financial statements
Materials · Gold · Canada
Last price 0.5001 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 10.53M
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Financial statements
Fort Technology Inc. (FRTT) reported revenue of 13.28M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 13.28M | 10.85M | 9.88M | |
| Cost of Revenue | 11.38M | 9.81M | 8.28M | |
| Gross Profit | 1.90M | 1.04M | 1.60M | |
| Selling, General & Admin | 4.42M | 2.30M | 933.00K | 30.39K |
| Other Operating Expenses | 4.00K | 4.00K | 139.00K | |
| Operating Expenses | 4.42M | 2.30M | 1.07M | 30.39K |
| Operating Income | -2.53M | -1.26M | 528.00K | -30.39K |
| Interest Expense | -530.00K | -239.00K | -17.00K | |
| Interest & Investment Income | 115.00K | 14.00K | 4.93K | |
| Currency Exchange Gain (Loss) | -89.00K | -57.00K | -11.00K | |
| Other Non Operating Income (Expenses) | -4.15M | -4.45M | -3.00K | -10.96K |
| Pretax Income | -7.18M | -5.99M | 497.00K | -36.42K |
| Income Tax Expense | -102.00K | -159.00K | 137.00K | |
| Net Income | -7.08M | -5.83M | 360.00K | -36.42K |
| Net Income to Common | -7.08M | -5.83M | 360.00K | -36.42K |
| Shares Outstanding (Basic) | 10.71M | 8.39M | 3.57M | 414.29K |
| Shares Outstanding (Diluted) | 10.71M | 8.39M | 3.57M | 414.29K |
| EPS (Basic) | -0.66 | -0.70 | 0.10 | -0.09 |
| EPS (Diluted) | -0.66 | -0.70 | 0.10 | -0.09 |
| Free Cash Flow | -1.49M | -1.24M | 391.00K | -31.58K |
| Free Cash Flow Per Share | -0.14 | -0.15 | 0.11 | -0.08 |
| Gross Margin | 14.29% | 9.59% | 16.20% | |
| Operating Margin | -19.04% | -11.62% | 5.35% | |
| Profit Margin | -53.29% | -53.75% | 3.65% | |
| Free Cash Flow Margin | -11.23% | -11.42% | 3.96% | |
| EBITDA | -2.48M | -1.23M | 534.00K | |
| EBITDA Margin | -18.68% | -11.34% | 5.41% | |
| D&A For EBITDA | 47.00K | 30.00K | 6.00K | |
| EBIT | -2.53M | -1.26M | 528.00K | -30.39K |
| EBIT Margin | -19.04% | -11.62% | 5.35% | |
| Effective Tax Rate | 27.57% | |||
| Advertising Expenses | 823.00K | 640.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 781.00K | 605.00K | 546.00K | 155.12K |
| Cash & Short-Term Investments | 781.00K | 605.00K | 546.00K | 155.12K |
| Accounts Receivable | 224.00K | 102.00K | 116.00K | |
| Other Receivables | 302.00K | 203.00K | 51.00K | |
| Receivables | 526.00K | 305.00K | 167.00K | |
| Inventory | 3.67M | 3.86M | 3.12M | |
| Total Current Assets | 4.98M | 4.77M | 3.83M | 155.12K |
| Property, Plant & Equipment | 454.00K | 301.00K | 385.00K | |
| Long-Term Deferred Tax Assets | 79.00K | 134.00K | ||
| Total Assets | 7.92M | 7.49M | 4.22M | 155.12K |
| Accounts Payable | 674.00K | 543.00K | 505.00K | 4.60K |
| Accrued Expenses | 437.00K | 9.84K | ||
| Short-Term Debt | 258.00K | |||
| Current Portion of Leases | 100.00K | 55.00K | 48.00K | |
| Other Current Liabilities | 857.00K | 558.00K | 2.03M | |
| Total Current Liabilities | 2.07M | 1.41M | 2.58M | 14.45K |
| Long-Term Debt | 559.00K | 3.13M | ||
| Long-Term Leases | 251.00K | 158.00K | 199.00K | |
| Long-Term Deferred Tax Liabilities | 33.00K | |||
| Total Liabilities | 2.88M | 4.70M | 2.81M | 14.45K |
| Common Stock | 8.98M | 6.88M | 279.06K | |
| Retained Earnings | -5.77M | -4.43M | 1.40M | -188.17K |
| Comprehensive Income & Other | 1.83M | 335.00K | 49.79K | |
| Shareholders' Equity | 5.04M | 2.79M | 1.40M | 140.67K |
| Total Liabilities & Equity | 7.92M | 7.49M | 4.22M | 155.12K |
| Total Debt | 910.00K | 3.60M | 247.00K | |
| Net Cash (Debt) | -129.00K | -2.99M | 299.00K | 155.12K |
| Net Cash Per Share | -0.01 | -0.36 | 0.08 | 0.37 |
| Filing Date Shares Outstanding | 14.91M | 11.36M | 2.02M | 414.29K |
| Total Common Shares Outstanding | 14.91M | 11.36M | 2.02M | 414.29K |
| Working Capital | 2.91M | 3.36M | 1.25M | 140.67K |
| Book Value Per Share | 0.34 | 0.25 | 0.69 | 0.34 |
| Tangible Book Value | 5.04M | 2.79M | 1.40M | 140.67K |
| Tangible Book Value Per Share | 0.34 | 0.25 | 0.69 | 0.34 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -7.08M | -5.83M | 360.00K | -36.42K |
| Depreciation & Amortization | 111.00K | 94.00K | 58.00K | |
| Other Amortization | 208.00K | 90.00K | ||
| Stock-Based Compensation | 469.00K | 150.00K | ||
| Other Operating Activities | 3.79M | 4.09M | 25.00K | |
| Change in Accounts Receivable | -101.00K | 14.00K | 92.00K | |
| Change in Inventory | -416.00K | -743.00K | -2.19M | |
| Change in Accounts Payable | 388.00K | 19.00K | 6.00K | 4.84K |
| Change in Other Net Operating Assets | 1.14M | 885.00K | 2.18M | |
| Operating Cash Flow | -1.49M | -1.23M | 523.00K | -31.58K |
| Capital Expenditures | -6.00K | -132.00K | ||
| Investment in Securities | 588.00K | 588.00K | ||
| Investing Cash Flow | -2.14M | -2.13M | -132.00K | |
| Long-Term Debt Issued | 3.46M | |||
| Long-Term Debt Repaid | -69.00K | -59.00K | ||
| Lease Payments | -109.00K | -69.00K | -59.00K | |
| Net Debt Issued (Repaid) | 3.90M | 3.40M | -59.00K | |
| Issuance of Common Stock | 37.00K | 11.00K | ||
| Other Financing Activities | 4.00K | 4.00K | ||
| Financing Cash Flow | 3.94M | 3.41M | -59.00K | |
| Foreign Exchange Rate Adjustments | -16.00K | 17.00K | 4.00K | |
| Net Cash Flow | 291.00K | 59.00K | 336.00K | -31.58K |
| Free Cash Flow | -1.49M | -1.24M | 391.00K | -31.58K |
| Free Cash Flow Margin | -11.23% | -11.42% | 3.96% | |
| Free Cash Flow Per Share | -0.14 | -0.15 | 0.11 | -0.08 |
| Levered Free Cash Flow | -3.32M | -2.92M | -520.88K | |
| Unlevered Free Cash Flow | -3.20M | -2.86M | -510.26K | |
| Free Cash Flow After Leases | -1.60M | -1.31M | 332.00K | -31.58K |
| Cash Interest Paid | 49.00K | 49.00K | 17.00K | |
| Cash Income Tax Paid | 8.00K | 8.00K | 158.00K | |
| Change in Working Capital | 1.01M | 175.00K | 80.00K | 4.84K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 10.53M | 9.87M | 3.19M | 261.24K |
| Enterprise Value | 10.66M | 12.75M | ||
| PE Ratio | 8.86 | |||
| PS Ratio | 0.79 | 0.91 | 0.32 | |
| PB Ratio | 2.09 | 3.53 | 2.27 | 1.86 |
| P/TBV Ratio | 2.09 | 3.53 | 2.27 | 1.86 |
| P/FCF Ratio | 8.16 | |||
| P/OCF Ratio | 6.10 | |||
| EV/Sales Ratio | 0.80 | 1.18 | ||
| Debt / Equity Ratio | 0.18 | 1.29 | 0.18 | |
| Debt / EBITDA Ratio | 0.42 | |||
| Debt / FCF Ratio | 0.63 | |||
| Net Debt / Equity Ratio | 0.03 | 1.07 | -0.21 | -1.10 |
| Net Debt / EBITDA Ratio | -0.05 | -2.43 | -0.56 | |
| Net Debt / FCF Ratio | -0.09 | -2.42 | -0.77 | 4.91 |
| Asset Turnover | 3.10 | 1.85 | 4.53 | |
| Inventory Turnover | 2.81 | |||
| Quick Ratio | 0.63 | 0.64 | 0.28 | 10.74 |
| Current Ratio | 2.41 | 3.38 | 1.49 | 10.74 |
| Return on Equity (ROE) | -249.57% | -277.82% | 46.96% | |
| Return on Assets (ROA) | -36.86% | -13.45% | 15.14% | |
| Return on Invested Capital (ROIC) | -46.15% | -36.57% | 34.61% | |
| Return on Capital Employed (ROCE) | -43.20% | -20.70% | 32.30% | -21.60% |
| Earnings Yield | -129.10% | -59.10% | 11.29% | -13.94% |
| FCF Yield | -14.16% | -12.56% | 12.26% | -12.09% |
| Buyback Yield / Dilution | -54.46% | -134.87% | -762.07% |