Income Statement for TMRC

	Texas Mineral Resources Corp. (TMRC)
	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014	Q4-CY2013
Balance Sheet Date		2025-Aug-31	2025-May-31	2025-Feb-28	2024-Nov-30	2024-Aug-31	2024-May-31	2024-Feb-29										2021-Aug-31	2021-May-31	2021-Feb-28	2020-Nov-30	2020-Aug-31	2020-May-31	2020-Feb-29	2019-Nov-30	2019-Aug-31	2019-May-31	2019-Feb-28	2018-Nov-30	2018-Aug-31	2018-May-31	2018-Feb-28	2017-Nov-30	2017-Aug-31	2017-May-31	2017-Feb-28	2016-Nov-30	2016-Aug-31	2016-May-31	2016-Feb-29	2015-Nov-30	2015-Aug-31	2015-May-31	2015-Feb-28	2014-Nov-30	2014-Aug-31	2014-May-31	2014-Feb-28	2013-Nov-30
Fiscal Period		Q4-FY2025	Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024										Q4-FY2021	Q3-FY2021	Q2-FY2021	Q1-FY2021	Q4-FY2020	Q3-FY2020	Q2-FY2020	Q1-FY2020	Q4-FY2019	Q3-FY2019	Q2-FY2019	Q1-FY2019	Q4-FY2018	Q3-FY2018	Q2-FY2018	Q1-FY2018	Q4-FY2017	Q3-FY2017	Q2-FY2017	Q1-FY2017	Q4-FY2016	Q3-FY2016	Q2-FY2016	Q1-FY2016	Q4-FY2015	Q3-FY2015	Q2-FY2015	Q1-FY2015	Q4-FY2014	Q3-FY2014	Q2-FY2014	Q1-FY2014
Total Revenue			9,444$	1,859$		(29,579$)	8,189$	94,893$
QoQ%			408.02%			(461.20%)	(91.37%)
YoY%			15.33%	(98.04%)
Cost Of Revenue			0$	0$		0$	0$	0$
Gross Profit			9,444$	1,859$		(29,579$)	8,189$	94,893$
Gross Margin			100.00%	100.00%		100.00%	100.00%	100.00%
Operating Expenses		265,812$	505,650$	204,387$	232,744$	222,007$	262,553$	236,135$	232,909$	385,974$	961,620$	682,371$						322,917$	408,715$	463,002$	391,055$	455,900$	296,010$	232,037$	90,115$	385,397$	102,927$	91,561$	344,425$	378,578$	62,747$	78,553$	97,935$	1,609,665$	139,047$	109,779$	122,751$	235,870$	307,046$	383,020$	278,156$	267,472$	188,026$	1,143,469$	373,793$	560,734$	526,348$	998,144$	703,758$
Operating Income		(265,812$)	(505,650$)	(204,387$)	(232,744$)	(222,007$)	(262,553$)	(236,135$)	(232,909$)	(385,974$)	(961,620$)	(682,371$)						(322,917$)	(408,715$)	(463,002$)	(391,055$)	(455,900$)	(296,010$)	(232,037$)	(90,115$)	(385,397$)	(102,927$)	(91,561$)	(344,425$)	(378,578$)	(62,747$)	(78,553$)	(97,935$)	(1,609,665$)	(139,047$)	(109,779$)	(122,751$)	(235,870$)	(307,046$)	(383,020$)	(278,156$)	(267,472$)	(188,026$)	(1,143,469$)	(373,793$)	(560,734$)	(526,348$)	(998,144$)	(703,758$)
Operating Margin			(5,354.19%)	(10,994.46%)		750.56%	(3,206.17%)	(248.84%)
Interest Income					3,647$				11,498$
Interest Expenses																			0$	0$	0$	(2,670$)	3,430$	2,747$	3,507$	252,926$	4,905$	5,215$	5,575$
Income Before Tax		(658,564$)	(803,639$)	(241,953$)	(229,097$)	(215,992$)	(254,364$)	(141,242$)	(221,411$)	(399,035$)	(951,914$)	(672,840$)	(568,172$)					(57,903$)	2,918,900$	(477,112$)	(339,683$)	(446,648$)	(299,440$)	(301,119$)	(93,622$)	(651,567$)	(107,832$)	(96,776$)	(350,000$)	(429,767$)	(85,008$)	(107,107$)	(116,456$)	(1,725,571$)	(152,320$)	(129,289$)	(127,946$)	(240,801$)	(311,764$)	(378,870$)	(282,504$)	(272,352$)	(187,659$)	(1,146,922$)	(377,337$)	(563,857$)	(533,988$)	(987,805$)	(705,788$)
Tax Expenses
Net Income		(658,564$)	(803,639$)	(241,953$)	(229,097$)	(215,992$)	(254,364$)	(141,242$)	(221,411$)	(399,035$)	(951,914$)	(672,840$)	(568,172$)					(57,903$)	2,918,900$	(477,112$)	(339,683$)	(446,648$)	(299,440$)	(301,119$)	(93,622$)	(651,567$)	(107,832$)	(96,776$)	(350,000$)	(429,767$)	(85,008$)	(107,107$)	(116,456$)	(1,725,571$)	(152,320$)	(129,289$)	(127,946$)	(240,801$)	(311,764$)	(378,870$)	(282,504$)	(272,352$)	(187,659$)	(1,146,922$)	(377,337$)	(563,857$)	(533,988$)	(987,805$)	(705,788$)
Profit Margin			(8,509.52%)	(13,015.22%)		730.22%	(3,106.17%)	(148.84%)
TTM
Earnings to Minority
Earnings to Common Shareholders		(658,564$)	(803,639$)	(241,953$)	(229,097$)	(215,992$)	(254,364$)	(141,242$)	(221,411$)	(399,035$)	(951,914$)	(672,840$)	(568,172$)					(57,903$)	2,918,900$	(477,112$)	(339,683$)	(446,648$)	(299,440$)	(301,119$)	(93,622$)	(651,567$)	(107,832$)	(96,776$)	(350,000$)	(429,767$)	(85,008$)	(107,107$)	(116,456$)	(1,725,571$)	(152,320$)	(129,289$)	(127,946$)	(240,801$)	(311,764$)	(378,870$)	(282,504$)	(272,352$)	(187,659$)	(1,146,922$)	(377,337$)	(563,857$)	(533,988$)	(987,805$)	(705,788$)
QoQ%		18.05%	(232.15%)	(5.61%)	(6.07%)	15.09%	(80.09%)	36.21%	44.51%	58.08%	(41.48%)	(18.42%)						(101.98%)	711.79%	(40.46%)	23.95%	(49.16%)	.56%	(221.63%)	85.63%	(504.24%)	(11.42%)	72.35%	18.56%	(405.56%)	20.63%	8.03%	93.25%	(1,032.86%)	(17.81%)	(1.05%)	46.87%	22.76%	17.71%	(34.11%)	(3.73%)	(45.13%)	83.64%	(203.95%)	33.08%	(5.59%)	45.94%	(39.96%)	24.30%
YoY%		(204.90%)	(215.94%)	(71.30%)	(3.47%)	45.87%	73.28%	79.01%	61.03%									87.04%	1,074.79%	(58.45%)	(262.82%)	31.45%	(177.69%)	(211.15%)	73.25%	(51.61%)	(26.85%)	9.65%	(200.54%)	75.09%	44.19%	17.16%	8.98%	(616.60%)	51.14%	65.88%	54.71%	11.59%	(66.13%)	66.97%	25.13%	51.70%	64.86%	(16.11%)	46.54%	39.53%	38.40%	10.81%	9.86%
Earnings Per Share, Basic		(0.01$)	(0.01$)	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$		(0.01$)	(0.01$)						0.00$	0.04$	(0.01$)	0.00$	(0.01$)	(0.01$)	(0.01$)	0.00$	(0.01$)	0.00$	0.00$	(0.01$)	(0.01$)	0.00$	0.00$	0.00$	(0.04$)	0.00$	0.00$	0.00$	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	0.00$	(0.03$)	(0.01$)	(0.02$)	(0.01$)	(0.03$)	(0.02$)
Earnings Per Share, Diluted		(0.01$)	(0.01$)	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$		(0.01$)	(0.01$)						0.00$	0.04$	(0.01$)	0.00$	(0.01$)	(0.01$)	(0.01$)	0.00$	(0.01$)	0.00$	0.00$	(0.01$)	(0.01$)	0.00$	0.00$	0.00$	(0.04$)	0.00$	0.00$	0.00$	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	0.00$	(0.03$)	(0.01$)	(0.02$)	(0.01$)	(0.03$)	(0.02$)
Unlevered FCF Per Share, Basic		0.00$	(0.01$)	0.00$	0.00$	0.00$	0.00$		0.00$		0.00$							0.00$	0.00$	(0.01$)	0.00$	(0.01$)	0.00$	0.00$	(0.01$)	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$						(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.02$)
Unlevered FCF Per Share, Diluted		0.00$	(0.01$)	0.00$	0.00$	0.00$	0.00$		0.00$		0.00$							0.00$	0.00$	(0.01$)	0.00$	(0.01$)	0.00$	0.00$	(0.01$)	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$						(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.01$)	(0.02$)
Average Shares, Basic		75,861,220	74,955,649	74,732,468	74,443,279	74,228,156	73,943,832	73,801,039	73,766,161		73,269,255	72,911,801						72,079,816	71,697,503	71,480,718	71,346,419	72,494,714	57,448,168	58,645,926	56,218,132	49,089,399	46,686,252	45,992,635	45,183,290	44,941,533	44,941,533	44,941,533	44,941,533	44,941,529	44,941,533	44,941,533	44,941,533	44,986,515	44,665,516	44,411,862	41,368,015	41,423,313	41,368,016	38,852,027	37,036,916	37,036,916	37,036,916	37,036,916	37,036,916
Average Shares, Diluted		75,861,220	74,955,649	74,732,468	74,443,279	74,228,156	73,943,832	73,801,039	73,766,161		73,269,255	72,911,801						75,569,836	73,051,883	71,480,718	71,346,419	72,494,714	57,448,168	58,645,926	56,218,132	49,089,399	46,686,252	45,992,635	45,183,290	44,941,533	44,941,533	44,941,533	44,941,533	44,941,529	44,941,533	44,941,533	44,941,533	44,986,515	44,665,516	44,411,862	41,368,015	41,423,313	41,368,016	38,852,027	37,036,916	37,036,916	37,036,916	37,036,916	37,036,916
EBIT		(658,564$)	(803,639$)	(241,953$)	(229,097$)	(215,992$)	(254,364$)	(141,242$)	(221,411$)	(399,035$)	(951,914$)	(672,840$)	(568,172$)					(57,903$)	2,918,900$	(477,112$)	(339,683$)	(449,318$)	(296,010$)	(298,372$)	(90,115$)	(398,641$)	(102,927$)	(91,561$)	(344,425$)	(429,767$)	(85,008$)	(107,107$)	(116,456$)	(1,725,571$)	(152,320$)	(129,289$)	(127,946$)	(240,801$)	(311,764$)	(378,870$)	(282,504$)	(272,352$)	(187,659$)	(1,146,922$)	(377,337$)	(563,857$)	(533,988$)	(987,805$)	(705,788$)
EBITDA		(658,564$)	(803,639$)	(241,953$)	(229,097$)	(215,992$)	(254,364$)	(141,242$)	(221,411$)	(399,035$)	(951,914$)	(672,840$)	(568,172$)					(57,903$)	2,918,900$	(477,112$)	(339,683$)	(449,318$)	(296,010$)	(298,372$)	(90,115$)	(398,641$)	(102,927$)	(91,561$)	(344,425$)	(429,767$)	(85,008$)	(107,107$)	(116,456$)	(1,725,571$)	(152,320$)	(129,289$)	(127,946$)	(240,801$)	(311,764$)	(378,870$)	(282,504$)	(272,352$)	(187,659$)	(1,146,922$)	(377,337$)	(563,857$)	(533,988$)	(987,805$)	(705,788$)