FOMI (Formation Minerals) Net Margin %: -1,487.69% (As of Jan. 2025)


What is Formation Minerals Net Margin %?

Formation Minerals FOMI Net Margin % is -1,487.69% as of Jan. 2025.

Net margin is calculated as Net Income divided by its Revenue. Formation Minerals's Net Income for the three months ended in Jan. 2025 was $-0.97 Mil. Formation Minerals's Revenue for the three months ended in Jan. 2025 was $0.07 Mil. Therefore, Formation Minerals's net margin for the quarter that ended in Jan. 2025 was -1,487.69%.

The historical rank and industry rank for Formation Minerals's Net Margin % or its related term are showing as below:


FOMI's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 3.435
* Ranked among companies with meaningful Net Margin % only.

Formation Minerals  (OTCPK:FOMI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Formation Minerals Net Margin % Related Terms

Formation Minerals Net Margin % Historical Data

* Premium members only.

The historical data trend for Formation Minerals's Net Margin % 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.

Formation Minerals Net Margin % Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Net Margin %
-6,084.62 -15,500.00 -19,150.00 -167,800.00

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Net Margin % 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 -1,964.47 -220.95 802.78 -1,168.97 -1,487.69

FOMI vs AVACF, COP, EOG: Net Margin % Comparison

For the Oil & Gas E&P subindustry, Formation Minerals's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Formation Minerals Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Formation Minerals's Net Margin % distribution charts can be found below:

* The bar in red indicates where Formation Minerals's Net Margin % falls into.


Formation Minerals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Formation Minerals's Net Margin for the fiscal year that ended in Apr. 2024 is calculated as

Net Margin=Net Income (A: Apr. 2024 )/Revenue (A: Apr. 2024 )
=-1.678/0.001
=-167,800.00 %

Formation Minerals's Net Margin for the quarter that ended in Jan. 2025 is calculated as

Net Margin=Net Income (Q: Jan. 2025 )/Revenue (Q: Jan. 2025 )
=-0.967/0.065
=-1,487.69 %

* 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 Net Margin % →
What does a Net Margin % of -1,487.69% mean?
Formation Minerals (FOMI) has a Net Margin % of -1,487.69% as of Jan. 2025. Net margin is the ratio of total net income to net sales. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' Net Margin % too high?
Formation Minerals' current Net Margin % is -1,487.69%.
How does Formation Minerals' Net Margin % compare to AVACF and COP?
Formation Minerals' Net Margin % of -1,487.69% can be compared against companies in the Oil & Gas industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Formation Minerals and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formation Minerals's current Net Margin % is -1,487.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current Net Margin % of -1,487.69%. The current Net Margin % is -1,487.69%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Formation Minerals (FOMI), the current Net Margin % is -1,487.69% as of Jan. 2025. 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.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.