Texas Mineral Res Corp Financials

TMRC

Source SEC Filings (10-K/10-Q) Updated Nov 30, 2025 Currency USD FYE August

This page shows Texas Mineral Res Corp (TMRC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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

Piotroski F-Score Weak

1/9

Texas Mineral Res Corp passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.46x

For every $1 of reported earnings, Texas Mineral Res Corp generates $0.46 in operating cash flow (-$897K OCF vs -$1.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-1.6x

Texas Mineral Res Corp earns $-1.6 in operating income for every $1 of interest expense (-$1.2M vs $746K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$1.9M

YoY-132.1%

Texas Mineral Res Corp reported -$1.9M in net income in fiscal year 2025. This represents a decrease of 132.1% from the prior year.

EPS (Diluted)

$-0.03

YoY-200.0%

Texas Mineral Res Corp earned $-0.03 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 200.0% from the prior year.

Cash & Debt

$590K

YoY+37.9%

5Y CAGR-26.5%

10Y CAGR+69.9%

Texas Mineral Res Corp held $590K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

79M

YoY+6.1%

5Y CAGR+2.0%

10Y CAGR+6.7%

Texas Mineral Res Corp had 79M shares outstanding in fiscal year 2025. This represents an increase of 6.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TMRC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$872K-0.6%	$877K-51.9%	$1.8M+32.4%	$1.4M+2.5%	$1.3M+27.2%	$1.1M
Operating Income	-$1.2M-26.7%	-$954K+63.4%	-$2.6M+10.6%	-$2.9M-86.3%	-$1.6M-45.5%	-$1.1M
Interest Expense	$746K	N/A	$34K+365.7%	$7K+20.8%	$6K-13.2%	$7K
Income Tax	N/A	N/A	N/A	N/A	N/A	$0
Net Income	-$1.9M-132.1%	-$833K+67.9%	-$2.6M+10.7%	-$2.9M-242.0%	$2.0M+279.2%	-$1.1M
EPS (Diluted)	$-0.03-200.0%	$-0.01+75.0%	$-0.040.0%	$-0.04-233.3%	$0.03+250.0%	$-0.02

Metric	Q1'26	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q2'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$247K-1.4%	$250K-71.3%	$870K+194.7%	$295K-14.5%	$345K+52.3%	$227K+168.1%	$85K-62.7%	$227K
Operating Income	-$251K+50.3%	-$506K+47.4%	-$962K-18.0%	-$815K-99.5%	-$409K-38.1%	-$296K-187.6%	-$103K+55.6%	-$232K
Interest Expense	N/A	$307K+5599.5%	$5K	N/A	$0-100.0%	$3K-30.1%	$5K+78.6%	$3K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$246K+69.4%	-$804K+15.6%	-$952K-16.9%	-$814K-127.9%	$2.9M+1074.8%	-$299K-177.7%	-$108K+64.2%	-$301K
EPS (Diluted)	$0.00+100.0%	$-0.010.0%	$-0.010.0%	$-0.01-125.0%	$0.04+500.0%	$-0.01	N/A	N/A

TMRC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.2M+28.1%	$906K-40.9%	$1.5M-50.2%	$3.1M-42.9%	$5.4M+64.2%	$3.3M
Current Assets	$632K+28.7%	$491K-56.1%	$1.1M-57.6%	$2.6M-49.1%	$5.2M+76.8%	$2.9M
Cash & Equivalents	$590K+37.9%	$428K-60.3%	$1.1M-41.3%	$1.8M-64.0%	$5.1M+85.9%	$2.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$125K+193.9%	$43K-54.3%	$93K+127.3%	$41K-79.6%	$201K-81.6%	$1.1M
Current Liabilities	$125K+193.9%	$43K-54.3%	$93K+127.3%	$41K-79.6%	$201K-81.6%	$1.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.0M+19.9%	$864K-40.1%	$1.4M-52.6%	$3.0M-41.5%	$5.2M+136.8%	$2.2M
Retained Earnings	-$45.1M-4.5%	-$43.2M-2.0%	-$42.3M-6.5%	-$39.8M-7.9%	-$36.8M+5.3%	-$38.9M

Metric	Q1'26	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q2'21
Total Assets	$1.7M+24.2%	$1.4M+49.2%	$906K-40.9%	$1.5M-50.2%	$3.1M-42.9%	$5.4M+64.2%	$3.3M+70.4%	$1.9M
Current Assets	$1.1M+42.4%	$807K+64.5%	$491K-56.1%	$1.1M-57.6%	$2.6M-49.1%	$5.2M+76.8%	$2.9M+85.7%	$1.6M
Cash & Equivalents	$1.1M+41.4%	$780K+82.1%	$428K-60.3%	$1.1M-41.3%	$1.8M-64.0%	$5.1M+85.9%	$2.7M+77.1%	$1.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$172K-79.3%	$833K+1852.5%	$43K-54.3%	$93K+127.3%	$41K-79.6%	$201K-81.6%	$1.1M+15.2%	$949K
Current Liabilities	$172K-79.3%	$833K+1852.5%	$43K-54.3%	$93K+127.3%	$41K-79.6%	$201K-81.6%	$1.1M+15.2%	$949K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.5M+190.3%	$519K-39.9%	$864K-40.1%	$1.4M-52.6%	$3.0M-41.5%	$5.2M+136.8%	$2.2M+123.6%	$983K
Retained Earnings	-$45.4M-2.0%	-$44.5M-3.0%	-$43.2M-2.0%	-$42.3M-6.5%	-$39.8M-7.9%	-$36.8M+5.3%	-$38.9M-2.0%	-$38.1M

TMRC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$897K-35.5%	-$662K+49.5%	-$1.3M+52.8%	-$2.8M-363.0%	-$599K+62.5%	-$1.6M
Capital Expenditures	N/A	N/A	N/A	N/A	$35K	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$634K	N/A
Investing Cash Flow	-$39K-133.5%	-$17K-103.2%	$513K+169.9%	-$734K-126.9%	$2.7M	N/A
Financing Cash Flow	$1.1M+9881.8%	$11K-71.1%	$38K-84.1%	$240K+4.6%	$229K-90.9%	$2.5M
Dividends Paid	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

Metric	Q1'26	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q2'21
Operating Cash Flow	-$118K+70.8%	-$402K-127.1%	-$177K+41.6%	-$304K+74.7%	-$1.2M-656.3%	$216K+130.7%	-$703K-165.9%	-$264K
Capital Expenditures	N/A	N/A	N/A	N/A	$583+58400.0%	-$1	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$249K-215.5%	$216K	N/A	N/A
Investing Cash Flow	-$1K	$0	$0-100.0%	$8K+101.5%	-$505K-2801.7%	-$17K	N/A	$0
Financing Cash Flow	$630K	$0	N/A	$0-100.0%	$1K+220.0%	-$1K-100.0%	$2.1M+305.1%	$508K
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

TMRC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	39.3%	N/A
Return on Assets	-166.5%-74.6pp	-91.9%+77.0pp	-168.9%-74.8pp	-94.2%-132.0pp	37.8%+72.5pp	-34.7%
Current Ratio	5.04-6.5	11.51-0.5	11.98-52.2	64.16+38.4	25.72+23.0	2.68
Debt-to-Equity	0.12+0.1	0.05-0.0	0.06+0.1	0.01-0.0	0.04-0.5	0.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q2'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	57.5%	N/A	N/A	N/A
Return on Assets	-14.6%+44.8pp	-59.4%-7.7pp	-51.7%-31.5pp	-20.2%-75.9pp	55.8%+72.6pp	-16.9%+11.2pp	-28.1%-12.5pp	-15.6%
Current Ratio	6.67+5.7	0.97-10.5	11.51-0.5	11.98-52.2	64.16+38.4	25.72+23.0	2.68+1.0	1.66
Debt-to-Equity	0.11-1.5	1.60+1.6	0.05-0.0	0.06+0.1	0.01-0.0	0.04-0.5	0.50-0.5	0.97
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Texas Mineral Res Corp profitable?

No, Texas Mineral Res Corp (TMRC) reported a net income of -$1.9M in fiscal year 2025.

What is Texas Mineral Res Corp's earnings per share (EPS)?

Texas Mineral Res Corp (TMRC) reported diluted earnings per share of $-0.03 for fiscal year 2025. This represents a -200.0% change compared to the previous fiscal year. 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.

What is Texas Mineral Res Corp's operating cash flow?

Texas Mineral Res Corp (TMRC) generated -$897K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Texas Mineral Res Corp's total assets?

Texas Mineral Res Corp (TMRC) had $1.2M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Texas Mineral Res Corp have outstanding?

Texas Mineral Res Corp (TMRC) had 79M shares outstanding as of fiscal year 2025.

What is Texas Mineral Res Corp's current ratio?

Texas Mineral Res Corp (TMRC) had a current ratio of 5.04 as of fiscal year 2025, which is generally considered healthy.

What is Texas Mineral Res Corp's debt-to-equity ratio?

Texas Mineral Res Corp (TMRC) had a debt-to-equity ratio of 0.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Texas Mineral Res Corp's return on assets (ROA)?

Texas Mineral Res Corp (TMRC) had a return on assets of -166.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Texas Mineral Res Corp's cash runway?

Based on fiscal year 2025 data, Texas Mineral Res Corp (TMRC) had $590K in cash against an annual operating cash burn of $897K. This gives an estimated cash runway of approximately 8 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Texas Mineral Res Corp's Piotroski F-Score?

Texas Mineral Res Corp (TMRC) has a Piotroski F-Score of 1 out of 9, indicating weak 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.

Are Texas Mineral Res Corp's earnings high quality?

Texas Mineral Res Corp (TMRC) has an earnings quality ratio of 0.46x, considered low quality (accrual-driven). 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.

Can Texas Mineral Res Corp cover its interest payments?

Texas Mineral Res Corp (TMRC) has an interest coverage ratio of -1.6x, 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.