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Focus Graphite
(FMS)
Focus Graphite (FMS) vs. iShares MSCI Canada ETF (EWC)
Focus Graphite Business Overview & Revenue Model
Focus Graphite Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.24M | -1.95M | -4.62M | -5.18M | -3.04M | -3.93M |
| Net Income | -2.41M | -1.98M | -4.66M | -4.80M | -3.04M | -5.61M |
Balance Sheet | ||||||
| Total Assets | 226.93K | 100.00K | 38.88M | 39.85M | 35.58M | 28.72M |
| Cash, Cash Equivalents and Short-Term Investments | 122.61K | 1.69K | 137.71K | 1.47M | 4.94M | 877.89K |
| Total Debt | 1.53M | 2.30M | 60.00K | 60.00K | 2.46M | 2.72M |
| Total Liabilities | 4.66M | 5.58M | 5.27M | 6.14M | 5.85M | 6.47M |
| Stockholders Equity | -4.43M | -5.48M | 33.61M | 33.70M | 29.73M | 22.25M |
Cash Flow | ||||||
| Free Cash Flow | -1.22M | -1.11M | -2.65M | -9.33M | -4.19M | -6.76M |
| Operating Cash Flow | -1.22M | -1.11M | -1.53M | -1.04M | -1.45M | -3.78M |
| Investing Cash Flow | 287.52K | 185.85K | -920.46K | -7.65M | -2.30M | 5.16M |
| Financing Cash Flow | 1.01M | 787.84K | 1.12M | 5.23M | 7.80M | -507.19K |
Focus Graphite Technical Analysis
Focus Graphite Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | C$16.08M | 0.84 | 45.75% | ― | ― | 158.45% | |
49 Neutral | C$83.21M | -2.16 | -67.77% | ― | ― | -156.65% | |
47 Neutral | C$36.10M | -1.07 | ― | ― | 2.76% | -1.06% | |
45 Neutral | C$32.37M | -43.94 | -2.06% | ― | ― | 93.75% | |
40 Underperform | $63.74M | -21.25 | -12.25% | ― | ― | 17.24% | |
36 Underperform | $50.34M | -13.15 | -16.33% | ― | ― | -64.76% |
Focus Graphite Corporate Events
Focus Graphite has released the final assay results from its 2022 drilling program at the Lac Tetepisca Graphite Project, confirming graphite mineralization along an approximately 8-kilometre folded structure on the West Limb and in the southwest extension of the MOGC deposit. The 74-hole, 14,900.5-metre campaign, totaling 11,824 assays, has expanded the known mineralized footprint, identified additional structurally distinct horizons, and validated continuity of both higher- and lower-grade graphite zones, providing the complete dataset needed for an updated mineral resource estimate scheduled for the first quarter of 2026. These results are expected to materially refine the scale and quality of the Lac Tetepisca resource, positioning the project for the next phase of metallurgical, purification and downstream application testing and potentially strengthening Focus Graphite’s standing as a strategic supplier to the battery materials supply chain.
Focus Graphite Inc. has successfully closed a $3.9 million bought deal offering, issuing over 9 million units at $0.42 each. The funds will support working capital, government partnership initiatives, and general corporate purposes, potentially strengthening the company’s market position in the graphite industry.
Focus Graphite Inc. has secured a $14.1 million non-repayable funding agreement with Natural Resources Canada to advance its project on transforming Canadian flake graphite into ultra-high purity materials. This initiative aims to create a secure North American supply chain for critical minerals, reducing reliance on Chinese sources and supporting NATO, G7, and European policy objectives. The project will enhance Focus Graphite’s capacity to supply high-purity graphite for defence, aerospace, and energy storage markets, marking a significant step toward commercial readiness and strategic positioning in the industry.
Focus Graphite Inc. has appointed Dr. Sunho Kang, a renowned battery executive with extensive experience at companies like Apple and Samsung SDI, as a Strategic Advisor for Battery Technology & Materials. This move is part of Focus Graphite’s strategy to advance its high-purity, battery-grade materials and strengthen its downstream integration. Dr. Kang will guide the company’s efforts in lithium-ion battery technologies, contribute to its intellectual property roadmap, and support commercialization strategies, particularly in defense and automotive applications. His appointment is expected to enhance the company’s technical credibility and engagement with OEMs and defense partners.
Focus Graphite Inc. has announced a $3.5 million bought deal offering of units, with each unit comprising one common share and one purchase warrant. The proceeds from this offering will be used for working capital, technical materials related to the Government of Canada’s Global Partnership Initiative, and general corporate purposes. The offering, managed by Research Capital Corporation, is expected to close around December 8, 2025, subject to regulatory approvals. This move is poised to strengthen Focus Graphite’s financial position, aiding its strategic initiatives in the graphite and battery technology sectors.
Focus Graphite has initiated a hydrogeological study at its Lac Knife Project, a crucial step towards completing the Environmental and Social Impact Assessment and advancing mine permitting. The study aims to ensure responsible water management and compliance with Quebec’s regulatory standards, addressing concerns from the Ministry of Sustainable Development. This initiative is part of Focus Graphite’s broader strategy to responsibly develop one of the world’s highest-grade flake graphite deposits, which is expected to support the growing demand for ethically sourced graphite in various industries.
Focus Graphite’s Lac Knife graphite anode material has successfully passed Phase I battery validation testing, confirming its high purity and suitability for lithium-ion battery anode applications. This milestone advances the material to the next stage of testing, including pouch-cell fabrication and large-format validation, which is crucial for commercial-scale evaluation and OEM-level validation. The successful testing results underscore Focus Graphite’s commitment to establishing a North American supply of high-performance, ESG-compliant graphite anode material, supporting energy transition and critical minerals independence.
Focus Graphite Inc. has appointed Jean-Francois Perrault as a Strategic Advisor to provide strategic and financial guidance as the company advances its Lac Knife and Lac Tetepisca graphite projects towards mine permitting and development. With over 30 years of experience in capital markets and investment banking, Mr. Perrault’s appointment is expected to bring significant value to Focus Graphite, particularly in Quebec’s metals and mining ecosystem. His expertise is anticipated to aid the company in reducing North America’s dependence on China for critical minerals, aligning with Focus Graphite’s goal of driving the transition to a sustainable future.
Focus Graphite has initiated a marketing and investor awareness campaign by partnering with OTB Capital and Curation Connect. These agreements aim to enhance the company’s visibility in the investment community through strategic marketing and investor engagement initiatives. The collaboration with OTB Capital involves a comprehensive marketing campaign across various social channels, while Curation Connect will manage an Investor Showcase to improve information accessibility for investors. These efforts are expected to broaden Focus Graphite’s profile and ensure compliance with regulatory requirements.