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.

Texas Mineral Res Corp Financials

TMRC

Source SEC Filings (10-K/10-Q) Data as of May 31, 2026 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).

Rhea AI TMRC FY2025 2026-06-30

TMRC’s current business mechanic is funding annual cash burn with new capital while maintaining a very light liability base.

In the latest year, reported loss and cash burn diverged: net loss was -$1.93M while operating cash outflow was -$897K. Because the prior year’s loss tracked cash much more closely, the newer gap suggests accounting earnings are a noisy guide to funding needs, with the income statement influenced by items that did not require matching cash outlay.

Administrative cost discipline materially changed the loss profile for a time: selling and administrative expense fell to $877K from $1.82M, which helped compress operating losses even without a visible revenue engine in the statements. That shows overhead cuts can slow the burn, but they have not yet produced a self-funding operating model.

Balance-sheet pressure is about runway, not creditors: total liabilities were only $125K against cash of $590K, so leverage remains low. But cash covers only about 0.7x of the most recent annual operating burn, and the year’s cash position was rebuilt through financing inflow rather than internal generation, which keeps external capital central to operations.

Financial Health Signals

Financial health score pending refresh

We are recalculating Texas Mineral Res Corp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

1/6

Texas Mineral Res Corp passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 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

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Earnings & Revenue

Revenue

N/A

EBITDA

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 & Balance Sheet

Free Cash Flow

N/A

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.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-186.7%

YoY-90.2pp

5Y CAGR-134.7pp

10Y CAGR-26.2pp

Texas Mineral Res Corp's ROE was -186.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 90.2 percentage points from the prior year.

Capital Allocation

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	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
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	$1.3M+353.9%	$296K+20.1%	$247K	N/A	$250K+24.8%	$200K-5.0%	$211K	N/A
Operating Income	-$1.3M-334.6%	-$311K-23.5%	-$251K	N/A	-$506K-147.4%	-$204K+12.2%	-$233K	N/A
Interest Expense	$347K	N/A	N/A	N/A	$307K+679.8%	$39K	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$1.3M-64.1%	-$801K-226.0%	-$246K	N/A	-$804K-232.1%	-$242K-5.6%	-$229K	N/A
EPS (Diluted)	$-0.010.0%	$-0.01	$0.00	N/A	$-0.01	$0.00	$0.00	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	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$3.2M-27.5%	$4.4M+162.7%	$1.7M+44.6%	$1.2M-14.1%	$1.4M-23.1%	$1.8M+131.9%	$758K-16.3%	$906K
Current Assets	$2.7M-31.2%	$3.9M+237.6%	$1.1M+82.0%	$632K-21.7%	$807K-33.5%	$1.2M+320.5%	$289K-41.2%	$491K
Cash & Equivalents	$2.6M+230.1%	$790K-28.4%	$1.1M+86.8%	$590K-24.3%	$780K-34.0%	$1.2M+338.9%	$269K-37.1%	$428K
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	$246K+70.2%	$145K-16.0%	$172K+37.4%	$125K-84.9%	$833K+61.4%	$516K+628.2%	$71K+66.1%	$43K
Current Liabilities	$246K+70.2%	$145K-16.0%	$172K+37.4%	$125K-84.9%	$833K+61.4%	$516K+628.2%	$71K+66.1%	$43K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$3.0M-30.8%	$4.3M+183.2%	$1.5M+45.5%	$1.0M+99.5%	$519K-58.2%	$1.2M+80.7%	$688K-20.4%	$864K
Retained Earnings	-$47.5M-2.8%	-$46.2M-1.8%	-$45.4M-0.5%	-$45.1M-1.5%	-$44.5M-1.8%	-$43.6M-0.6%	-$43.4M-0.5%	-$43.2M

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	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	-$1.2M-276.6%	-$313K-166.2%	-$118K+37.5%	-$188K+53.2%	-$402K-117.5%	-$185K-52.7%	-$121K+31.6%	-$177K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$3.0M	N/A	N/A	-$1K	$0	$0+100.0%	-$38K	N/A
Financing Cash Flow	$0	$0-100.0%	$630K	$0	$0	N/A	N/A	N/A
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	-186.7%-90.2pp	-96.4%+83.4pp	-179.9%-84.4pp	-95.4%-134.7pp	39.3%+91.2pp	-51.9%
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	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
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	-44.5%-25.7pp	-18.8%-2.5pp	-16.3%	N/A	-154.8%-135.3pp	-19.5%+13.8pp	-33.3%	N/A
Return on Assets	-41.1%-22.9pp	-18.2%-3.5pp	-14.6%	N/A	-59.4%-45.7pp	-13.8%+16.4pp	-30.2%	N/A
Current Ratio	10.84-16.0	26.82+20.1	6.67+1.6	5.04+4.1	0.97-1.4	2.35-1.7	4.07-7.4	11.51
Debt-to-Equity	0.08+0.0	0.03-0.1	0.110.0	0.12-1.5	1.60+1.2	0.42+0.3	0.10+0.1	0.05
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 return on equity (ROE)?

Texas Mineral Res Corp (TMRC) has a return on equity of -186.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

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 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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.