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First Amer Res Corp Financials

FSTJ
Source SEC Filings (10-K/10-Q) Updated Apr 1, 2026 Currency USD FYE April

This page shows First Amer Res Corp (FSTJ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 37 / 100
Financial Profile 37/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
20

First Amer Res Corp has an operating margin of -1.0%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 20/100, suggesting thin profitability after operating expenses. This is up from -1041.6% the prior year.

Growth
100

First Amer Res Corp's revenue surged 479260.9% year-over-year to $18.8M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Liquidity
4

First Amer Res Corp's current ratio of 0.48 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 4/100, which could limit financial flexibility.

Cash Flow
26

First Amer Res Corp's free cash flow margin of 0.4% results in a low score of 26/100. Capital expenditures of $3K absorb a large share of operating cash flow.

Piotroski F-Score Strong
7/9

First Amer Res Corp passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
28.76x

For every $1 of reported earnings, First Amer Res Corp generates $28.76 in operating cash flow ($80K OCF vs $3K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
-1.1x

First Amer Res Corp earns $-1.1 in operating income for every $1 of interest expense (-$187K vs $165K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$18.8M
YoY+479260.9%

First Amer Res Corp generated $18.8M in revenue in fiscal year 2025. This represents an increase of 479260.9% from the prior year.

EBITDA
-$102K

First Amer Res Corp's EBITDA was -$102K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income
$3K
YoY+106.8%

First Amer Res Corp reported $3K in net income in fiscal year 2025. This represents an increase of 106.8% from the prior year.

EPS (Diluted)
$0.00

First Amer Res Corp earned $0.00 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
$77K

First Amer Res Corp generated $77K in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt
$277K
YoY+242.8%
5Y CAGR+122.1%
10Y CAGR+72.6%

First Amer Res Corp held $277K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
88M
YoY+1004.5%
5Y CAGR+61.7%
10Y CAGR+27.2%

First Amer Res Corp had 88M shares outstanding in fiscal year 2025. This represents an increase of 1004.5% from the prior year.

Margins & Returns

Gross Margin
55.0%
YoY+296.1pp

First Amer Res Corp's gross margin was 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 296.1 percentage points from the prior year.

Operating Margin
-1.0%
YoY+1040.6pp

First Amer Res Corp's operating margin was -1.0% in fiscal year 2025, reflecting core business profitability. This is up 1040.6 percentage points from the prior year.

Net Margin
0.0%
YoY+1041.6pp

First Amer Res Corp's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1041.6 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$3K

First Amer Res Corp invested $3K in capex in fiscal year 2025, funding long-term assets and infrastructure.

FSTJ Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $5.5M+13.4% $4.8M $0 $0-100.0% $4.6M+123773.0% $4K $0 $0
Cost of Revenue $2.5M+8.1% $2.3M $0 $0 $0-100.0% $2K $0 $0
Gross Profit $2.9M+18.4% $2.5M $0 $0-100.0% $2.6M+124576.4% $2K $0 $0
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $589K+8.1% $545K+8851.9% $6K-82.1% $34K-93.5% $524K+113381.3% $462-93.8% $7K-35.5% $11K
Operating Income $248K+159.9% $95K+1665.2% -$6K+82.1% -$34K-108.4% $405K+935839.2% $43+100.6% -$7K+35.5% -$11K
Interest Expense $36K+1.2% $36K N/A N/A $28K+115476.6% $24 N/A N/A
Income Tax N/A N/A $0 $0 $0 N/A $0 $0
Net Income $214K+244.1% $62K-72.4% $225K+763.9% -$34K-108.9% $380K+1510688.6% $25-100.0% $105K+1019.1% -$11K
EPS (Diluted) $0.00 $0.00 $0.00 N/A $0.00 $0.00 $0.00 N/A

FSTJ Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $6.6M-4.0% $6.9M+36271.3% $19K-99.7% $6.9M+11508.8% $59K-1.0% $60K-12.1% $68K-9.8% $75K
Current Assets $3.2M-2.5% $3.2M+16901.6% $19K-99.3% $2.7M+4420.8% $59K+98896.8% $60-99.9% $68K-9.8% $75K
Cash & Equivalents $400K+165.2% $151K+691.8% $19K-95.9% $459K-10.3% $512K+633499.2% $81-99.8% $43K-70.4% $145K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $2.5M-4.6% $2.7M N/A $1.5M N/A N/A $0 $0
Goodwill $750K0.0% $750K N/A $750K N/A N/A N/A N/A
Total Liabilities $7.5M-6.2% $8.0M+588.7% $1.2M-85.9% $8.2M+630.1% $1.1M-25.2% $1.5M-2.2% $1.5M-21.9% $2.0M
Current Liabilities $5.8M-6.7% $6.3M+2583.3% $233K-96.2% $6.1M+2514.9% $233K+100179.6% $232-99.9% $232K0.0% $232K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$868K+19.8% -$1.1M+5.4% -$1.1M+16.4% -$1.4M-28.0% -$1.1M-73691.2% -$1K+99.9% -$1.5M+22.4% -$1.9M
Retained Earnings -$2.7M+7.3% -$2.9M-470.3% -$513K+84.0% -$3.2M-579.2% -$473K-100164.9% -$472+99.9% -$464K-1.6% -$456K

FSTJ Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow $379K N/A -$6K+34.5% -$9K-1426.3% -$600-7218.0% -$8+100.0% -$32K-323.8% -$8K
Capital Expenditures $2K N/A N/A N/A $0 N/A N/A N/A
Free Cash Flow $377K N/A N/A N/A -$600 N/A N/A N/A
Investing Cash Flow -$2K N/A $0 $0 $0 $0 $0 $0
Financing Cash Flow -$128K N/A $0 $0 $0 N/A $0 $0
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

FSTJ Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 53.7%+2.3pp 51.4% N/A N/A 57.3%+0.4pp 56.9% N/A N/A
Operating Margin 4.5%+2.6pp 2.0% N/A N/A 8.8%+7.7pp 1.2% N/A N/A
Net Margin 3.9%+2.6pp 1.3% N/A N/A 8.3%+7.6pp 0.7% N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets 3.2%+2.3pp 0.9%-1181.1pp 1182.0%+1182.5pp -0.5%-642.2pp 641.7%+641.6pp 0.0%-154.9pp 155.0%+170.2pp -15.2%
Current Ratio 0.54+0.0 0.52+0.4 0.08-0.4 0.44+0.2 0.250.0 0.26-0.0 0.29-0.0 0.32
Debt-to-Equity -8.66-1.3 -7.40-6.4 -1.02+5.0 -6.02-5.0 -1.06-0.0 -1.040.0 -1.050.0 -1.04
FCF Margin 6.9% N/A N/A N/A -0.0% N/A N/A N/A

Note: Shareholder equity is negative (-$1.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.48), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

First Amer Res Corp (FSTJ) reported $18.8M in total revenue for fiscal year 2025. This represents a 479260.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

First Amer Res Corp (FSTJ) revenue grew by 479260.9% year-over-year, from $4K to $18.8M in fiscal year 2025.

Yes, First Amer Res Corp (FSTJ) reported a net income of $3K in fiscal year 2025, with a net profit margin of 0.0%.

First Amer Res Corp (FSTJ) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Amer Res Corp (FSTJ) had EBITDA of -$102K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

First Amer Res Corp (FSTJ) had a gross margin of 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

First Amer Res Corp (FSTJ) had an operating margin of -1.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

First Amer Res Corp (FSTJ) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

First Amer Res Corp (FSTJ) generated $77K in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

First Amer Res Corp (FSTJ) generated $80K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

First Amer Res Corp (FSTJ) had $6.7M in total assets as of fiscal year 2025, including both current and long-term assets.

First Amer Res Corp (FSTJ) invested $3K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

First Amer Res Corp (FSTJ) had 88M shares outstanding as of fiscal year 2025.

First Amer Res Corp (FSTJ) had a current ratio of 0.48 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

First Amer Res Corp (FSTJ) had a debt-to-equity ratio of -5.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

First Amer Res Corp (FSTJ) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

First Amer Res Corp (FSTJ) has negative shareholder equity of -$1.6M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

First Amer Res Corp (FSTJ) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

First Amer Res Corp (FSTJ) has an earnings quality ratio of 28.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

First Amer Res Corp (FSTJ) has an interest coverage ratio of -1.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

First Amer Res Corp (FSTJ) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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