5E Advanced Materials (FEAM) financial statements
Net income was -$43M.
Free cash flow was -$26M.
The diluted share count fell 12% over the period (buybacks).
Income statement
Fiscal years, from 5E Advanced Materials's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Research and development | $0 | $133,000 | $262,000 | $45,000 | $0 | — |
| Selling, general and admin | $12M | $55M | $25M | $23M | $14M | $12M |
| Operating income | -$18M | -$68M | -$37M | -$36M | -$44M | -$43M |
| Interest expense | $5,000 | $6,000 | $7M | $6M | $6M | $18,000 |
| Pre-tax income | -$19M | -$67M | -$31M | -$62M | -$31M | -$43M |
| Income tax | $0 | $0 | $0 | $0 | $179,000 | $0 |
| Net income | -$19M | -$67M | -$31M | -$62M | -$32M | -$43M |
| EPS (diluted) | -$0.56 | -$1.63 | -$0.70 | -$27.15 | -$3.95 | -$1.43 |
| Diluted shares | 34M | 41M | 44M | 2M | 8M | 30M |
Balance sheet
Fiscal years, from 5E Advanced Materials's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $41M | $31M | $20M | $5M | $4M | $19M |
| Total current assets | $41M | $33M | $22M | $7M | $5M | $20M |
| Property, plant and equipment | $1M | $3M | $3M | $74M | $54M | $34M |
| Total assets | $65M | $71M | $101M | $90M | $71M | $68M |
| Total current liabilities | $2M | $7M | $9M | $10M | $6M | $3M |
| Long-term debt | $93,000 | $148,000 | $62M | $72M | $22,000 | $0 |
| Total liabilities | $2M | $8M | $47M | $79M | $8M | $4M |
| Shareholders' equity | $62M | $63M | $54M | $11M | $63M | $64M |
| Net debt | -$41M | -$31M | $42M | $67M | -$4M | -$19M |
Cash flow
Fiscal years, from 5E Advanced Materials's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$11M | -$29M | -$31M | -$27M | -$24M | -$19M |
| Capital spending | $39,000 | $1M | $352,000 | $88,000 | $124,000 | $7M |
| Free cash flow | -$11M | -$30M | -$31M | -$27M | -$24M | -$26M |
| Stock-based compensation | $6M | $7M | $5M | $3M | $2M | $1M |
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How much free cash flow does 5E Advanced Materials generate?
-$26M in fiscal 2026 (operating cash flow minus capital spending).
From 5E Advanced Materials's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.