FLMCF (First Lithium Minerals) EBIT: $-1.09 Mil (TTM As of Mar. 2026)


FLMCF First Lithium Minerals Corp FLMCF
25 GF Score
Price $0.08
! 1 Warning Sign
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What is First Lithium Minerals EBIT?

First Lithium Minerals FLMCF 25 EBIT is $-1.09 Mil as of Mar. 2026. GuruFocus rates FLMCF with a GF Score™ of 25/100. The stock has 1 warning sign investors should review.

First Lithium Minerals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Lithium Minerals's annualized ROC % for the quarter that ended in Mar. 2026 was -289.44%. First Lithium Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -289.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Lithium Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -15.63%.


First Lithium Minerals  (OTCPK:FLMCF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

First Lithium Minerals's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1 * ( 1 - 0% )/( (0.342 + 0.349)/ 2 )
=-1/0.3455
=-289.44 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

First Lithium Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1/( ( (0.342 + max(-0.365, 0)) + (0.348 + max(-0.431, 0)) )/ 2 )
=-1/( ( 0.342 + 0.348 )/ 2 )
=-1/0.345
=-289.86 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.027) - (0.392 + 0 + 0)
=-0.365

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.032) - (0.463 + 0 + 0)
=-0.431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

First Lithium Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.088/6.960
=-15.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Lithium Minerals EBIT Related Terms


First Lithium Minerals EBIT Historical Data

* Premium members only.

The historical data trend for First Lithium Minerals's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Lithium Minerals EBIT Chart

First Lithium Minerals Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-0.37 -2.84 -1.27 -0.96 -1.04

First Lithium Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.19 -0.17 -0.20 -0.47 -0.25

First Lithium Minerals EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Lithium Minerals's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Lithium Minerals EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Lithium Minerals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Lithium Minerals's EV-to-EBIT falls into.


FLMCF
25GF Score
First Lithium Minerals Corp FLMCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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First Lithium Minerals EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.09 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-1.09 Mil mean?
First Lithium Minerals (FLMCF) has a EBIT of $-1.09 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Lithium Minerals.
Is First Lithium Minerals' EBIT too high?
First Lithium Minerals' current EBIT is $-1.09 Mil. Overall, First Lithium Minerals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does First Lithium Minerals' EBIT compare to competitors?
First Lithium Minerals' EBIT of $-1.09 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Lithium Minerals. First Lithium Minerals's current EBIT is $-1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Lithium Minerals stock overvalued right now?
First Lithium Minerals (FLMCF) has a current EBIT of $-1.09 Mil. The current EBIT is $-1.09 Mil. First Lithium Minerals' overall GF Score™ is 25/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For First Lithium Minerals (FLMCF), the current EBIT is $-1.09 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Lithium Minerals Business Description

Other Exchanges X28:GermanyFLM:Canada
Address 40 King Street West, Scotia Plaza, Suite 2400, P.O. Box 215, Toronto, ON, CAN, M5H 3Y2
First Lithium Minerals Corp is a mineral exploration company. The company's projects include the OCA Project in Northern Chile, the LSL Project located in Ontario, the Lucia project in Chile, the Jenna project in Chile, the Senneville project in Quebec, and the Lidstone Project in Ontario.
25GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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