LITM
Snow Lake Resources Ltd
NASDAQ: LITM · BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING
$0.79
+4.27% today
Updated 2026-10-28
Market cap
$62.90M
P/E ratio
—
P/S ratio
—
EPS (TTM)
$-2.36
Dividend yield
—
52W range
$2 – $10
Volume
0.3M
Snow Lake Resources Ltd (LITM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Revenue growth (YoY) | — | — | — | — | — | — | — |
| Cost of revenue | — | — | $0.00 | $0.00 | $2640.00 | $31680.00 | $20818.00 |
| Gross profit | — | — | $0.00 | $0.00 | $-2640.00 | $-31680.00 | $-20818.00 |
| Gross margin | — | — | — | — | — | — | — |
| R&D | — | $0.00 | $0.00 | $33733.00 | $12000.00 | $41066.00 | — |
| SG&A | $1.53M | $244695.00 | $439966.00 | $10.80M | $15.66M | $3.80M | — |
| Operating income | $-1.53M | $-173446.00 | $-442510.00 | $-10.60M | $-16.01M | $-5.62M | $-9.40M |
| Operating margin | — | — | — | — | — | — | — |
| EBITDA | $-1.53M | $-173446.00 | $-442510.00 | $-10.78M | $-16.01M | $-5.62M | $-11.43M |
| EBITDA margin | — | — | — | — | — | — | — |
| EBIT | $-1.53M | $-173446.00 | $-442510.00 | $-21.38M | $-16.01M | $-5.65M | $-11.45M |
| Interest expense | $3092.00 | $2669.00 | $142348.00 | $177216.00 | $15424.00 | $5546.00 | $7414.00 |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.53M | $-256034.00 | $-692240.00 | $-9.45M | $-15.38M | $-6.85M | $-11.46M |
| Net income growth (YoY) | — | +83.2% | -170.4% | -1264.6% | -62.8% | +55.4% | -67.3% |
| Profit margin | — | — | — | — | — | — | — |
Frequently asked questions
How much free cash flow does LITM generate?
LITM produced $-6.73M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.