FMG.DU
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
5 more panels on FMG.DU open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | — |
| Cost of revenue | $135.00K | $156.00K | $299.00K | $235.00K | -13.5% |
| Gross profit | -$135.00K | -$156.00K | -$299.00K | -$235.00K | +13.5% |
| Selling, general & admin | $7.93M | $6.79M | $6.96M | $6.52M | +16.7% |
| Total operating expense | $9.13M | $7.63M | $6.73M | $7.18M | +19.7% |
| Operating income | -$9.27M | -$7.79M | -$7.03M | -$7.42M | -19.0% |
| Net interest income | $3.38M | $1.18M | $941.00K | $264.00K | +187.1% |
| Pre-tax income | -$79.36M | -$17.36M | -$7.08M | -$15.60M | -357.1% |
| Tax provision | -$1.44M | -$2.05M | -$1.57M | -$309.00K | +29.6% |
| Net income | -$77.92M | -$15.31M | -$7.04M | -$16.28M | -408.8% |
| Net income to common | -$77.92M | -$15.31M | -$7.04M | -$16.28M | -408.8% |
| Basic EPS | -0.07 | -0.02 | -0.01 | -0.02 | -250.0% |
| Diluted EPS | -0.07 | -0.02 | -0.01 | -0.02 | -250.0% |
| EBIT | -$9.27M | -$7.79M | -$7.03M | -$7.42M | -19.0% |
| EBITDA | -$8.82M | -$7.30M | -$6.55M | -$7.00M | -20.8% |
| Basic shares | 1.17B | 971.53M | 827.00M | 738.20M | +20.5% |
| Diluted shares | 1.18B | 975.77M | 827.00M | 738.20M | +20.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $43.35M | $11.35M | $12.21M | $13.56M | +281.9% |
| Cash & short-term investments | $45.35M | $13.74M | $12.47M | $13.74M | +230.1% |
| Total current assets | $73.87M | $15.06M | $13.35M | $14.86M | +390.6% |
| Property, plant & equipment | $253.19M | $257.98M | $246.34M | $222.52M | -1.9% |
| Total assets | $348.79M | $294.85M | $286.07M | $266.93M | +18.3% |
| Total current liabilities | $23.23M | $14.31M | $11.19M | $9.25M | +62.3% |
| Total debt | $175.00K | $221.00K | $172.00K | $315.00K | -20.8% |
| Total liabilities | $130.74M | $50.41M | $47.67M | $39.26M | +159.4% |
| Retained earnings | -$258.81M | -$180.90M | -$165.58M | -$158.54M | -43.1% |
| Shareholder equity | $218.05M | $244.44M | $238.39M | $227.67M | -10.8% |
| Working capital | $50.64M | $744.00K | $2.16M | $5.61M | +6,706.7% |
| Net tangible assets | $218.05M | $244.44M | $238.39M | $227.67M | -10.8% |
| Shares issued | 1.34B | 1.08B | 916.41M | 802.23M | +24.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$77.92M | -$15.31M | -$7.04M | -$16.28M | -408.8% |
| Depreciation & amortisation | $449.00K | $486.00K | $479.00K | $411.00K | -7.6% |
| Stock-based compensation | $1.63M | $1.62M | $1.59M | $1.57M | +0.9% |
| Change in working capital | -$3.57M | $96.00K | $36.00K | -$1.19M | -3,820.8% |
| Operating cash flow | -$7.39M | -$3.95M | -$5.07M | -$5.08M | -87.1% |
| Capital expenditure | -$20.01M | -$21.09M | -$18.54M | -$25.71M | +5.2% |
| Investing cash flow | -$14.26M | -$17.87M | -$11.31M | -$15.81M | +20.2% |
| Dividends paid | $0 | $0 | $0 | $0 | — |
| Financing cash flow | $53.99M | $20.74M | $15.12M | $4.89M | +160.3% |
| Free cash flow | -$27.40M | -$25.05M | -$23.61M | -$30.80M | -9.4% |
| End cash position | $43.35M | $11.35M | $12.21M | $13.56M | +281.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | $0 | — |
| Cost of revenue | $29.00K | $29.00K | $27.00K | $44.00K | $34.00K | 0.0% |
| Gross profit | -$29.00K | -$29.00K | -$27.00K | -$44.00K | -$34.00K | 0.0% |
| Selling, general & admin | $2.37M | $2.91M | $1.44M | $1.84M | $1.73M | -18.5% |
| Total operating expense | $2.64M | $3.41M | $1.68M | $2.08M | $1.96M | -22.6% |
| Operating income | -$2.67M | -$3.44M | -$1.71M | -$2.13M | -$2.00M | +22.4% |
| Net interest income | $282.00K | $3.05M | $238.00K | $64.00K | $30.00K | -90.8% |
| Pre-tax income | -$11.04M | -$31.69M | -$22.65M | -$5.54M | -$19.20M | +65.2% |
| Tax provision | -$84.00K | -$129.00K | -$672.00K | -$528.00K | -$113.00K | +34.9% |
| Net income | -$11.02M | -$31.56M | -$21.97M | -$5.01M | -$19.09M | +65.1% |
| Net income to common | -$11.02M | -$31.56M | -$21.97M | -$5.01M | -$19.09M | +65.1% |
| Basic EPS | -0.01 | — | -0.02 | 0.00 | -0.02 | — |
| Diluted EPS | -0.01 | — | -0.02 | -0.00 | -0.02 | — |
| EBIT | -$2.67M | -$3.44M | -$1.71M | -$2.13M | -$2.00M | +22.4% |
| EBITDA | -$2.56M | -$3.34M | -$1.60M | -$2.00M | -$1.88M | +23.3% |
| Basic shares | 1.37B | — | 1.21B | 1.08B | 1.08B | — |
| Diluted shares | 1.37B | — | 1.21B | 1.08B | 1.08B | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $41.86M | $43.35M | $35.72M | $5.19M | $10.10M | -3.4% |
| Cash & short-term investments | $44.81M | $45.35M | $37.64M | $5.78M | $11.73M | -1.2% |
| Total current assets | $46.45M | $73.87M | $38.74M | $9.75M | $12.61M | -37.1% |
| Property, plant & equipment | $267.67M | $253.19M | $273.53M | $264.29M | $261.05M | +5.7% |
| Total assets | $362.36M | $348.79M | $334.02M | $295.80M | $295.45M | +3.9% |
| Total current liabilities | $21.48M | $23.23M | $11.30M | $10.08M | $9.11M | -7.6% |
| Total debt | $157.00K | $175.00K | $192.00K | $210.00K | $212.00K | -10.3% |
| Total liabilities | $141.84M | $130.74M | $97.62M | $72.67M | $68.22M | +8.5% |
| Retained earnings | -$269.70M | -$258.81M | -$227.25M | -$204.99M | -$199.98M | -4.2% |
| Shareholder equity | $220.52M | $218.05M | $236.40M | $223.13M | $227.22M | +1.1% |
| Working capital | $24.98M | $50.64M | $27.45M | -$330.00K | $3.50M | -50.7% |
| Net tangible assets | $220.52M | $218.05M | $236.40M | $223.13M | $227.22M | +1.1% |
| Shares issued | 1.38B | 1.34B | 1.29B | 1.08B | 1.08B | +3.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$11.02M | -$31.56M | -$22.26M | -$5.01M | -$19.09M | +65.1% |
| Depreciation & amortisation | $107.00K | $99.00K | $109.00K | $125.00K | $116.00K | +8.1% |
| Stock-based compensation | $798.00K | $369.00K | $384.00K | $339.00K | $541.00K | +116.3% |
| Change in working capital | -$1.36M | -$3.23M | -$370.00K | $410.00K | -$382.00K | +57.8% |
| Operating cash flow | -$2.81M | -$3.17M | -$1.31M | -$1.10M | -$1.82M | +11.3% |
| Capital expenditure | -$10.24M | -$581.00K | -$7.27M | -$4.94M | -$7.21M | -1,663.2% |
| Investing cash flow | -$5.24M | -$161.00K | -$3.97M | -$3.64M | -$6.49M | -3,157.1% |
| Dividends paid | $0 | $0 | $0 | $0 | $0 | — |
| Financing cash flow | $6.43M | $11.09M | $35.77M | -$8.00K | $7.14M | -42.0% |
| Free cash flow | -$13.05M | -$3.75M | -$8.58M | -$6.05M | -$9.03M | -248.4% |
| End cash position | $41.86M | $43.35M | $35.72M | $5.19M | $10.10M | -3.4% |
Options analytics
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 9, 24 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
Headlines
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