Formation Minerals

Formation Minerals Enterprise Value

The Enterprise Value (EV) of Formation Minerals (FOMI) as of Oct 23, 2026 is 40,000.00 USD. In the previous year, Enterprise Value (EV) was 40,000.00 USD — a change of 0.00% (lower).

Enterprise Value

40,000.00USD

YoY

0.00%

Last updated:

Enterprise Value (EV) of Formation Minerals is 2024 40,000.00 USD. Enterprise Value (EV) of Formation Minerals was 2023 40,000.00 USD. It decreases by 0.00% lower compared to the previous year.

The Formation Minerals Enterprise Value history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Enterprise Value
Date
Enterprise Value
Jan 1, 2021
40,000.00 USD
Jan 1, 2022
40,000.00 USD
Jan 1, 2023
40,000.00 USD
Jan 1, 2024
40,000.00 USD
The Formation Minerals Enterprise Value history
YEAREnterprise ValueYoY
40,000.00USD0.00%
40,000.00USD0.00%
40,000.00USD0.00%
40,000.00USD—

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Formation Minerals Stock analysis

What does Formation Minerals do? SensaSure Technologies, Inc. generates revenue by commercializing its ExaBreath (EB) device and method, which are designed to transform the collection of biological samples for lab-based analysis. The company focuses on supplying a non-invasive solution that collects, extracts, detects, and identifies non-volatile compounds present in every exhaled breath. This approach utilizes existing lab-based testing infrastructure and procedures, allowing the firm to offer a product that enhances the user experience across various applications and markets. The primary value proposition lies in the ability to detect a range of exogenous substances, including drugs of abuse, therapeutic drugs, and performance-enhancing drugs, without requiring invasive collection methods. The company targets specific segments such as workplace drug testing, anti-doping in sports, law enforcement, e-health, and telemedicine. By applying its ExaBreath methodology to toxicology, pharmacology, and clinical biochemistry, SensaSure Technologies, Inc. provides a tool for disease detection, exposure monitoring, and drug metabolism analysis. The firm's offerings are tailored to meet the needs of these diverse sectors, ensuring that the device can effectively identify narcotics, antibiotics, and stimulants. This broad applicability allows the company to serve multiple industries that require reliable and non-invasive chemical detection in breath samples. Revenue is driven by the commercialization of the ExaBreath product, which is marketed to entities involved in the aforementioned segments. The company leverages its headquarters in New York City, New York, to support its operations and distribution of the device and method. By focusing on the validation and development of the ExaBreath technology, SensaSure Technologies, Inc. positions itself as a provider of innovative solutions for biological sample collection. The firm's strategy centers on expanding the use of its non-invasive testing methodology across different markets, thereby creating multiple revenue streams from the sale and licensing of its technology. Formation Minerals is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Formation Minerals stock

Enterprise Value (EV) of Formation Minerals is 40,000.00 USD in 2024.

Enterprise Value (EV) of Formation Minerals changed from 40,000.00 USD to 40,000.00 USD, representing a 0.00% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Enterprise Value (EV) Formation Minerals since 2006 – with annual values, charts, and detailed analysis.

Enterprise Value represents the total value of a company, including both equity and debt, minus cash. It provides a more comprehensive picture than market capitalization alone.

EV = Market Capitalization + Total Debt - Cash & Equivalents

To evaluate Enterprise Value (EV)'s USD, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Enterprise Value (EV).

A 'good' USD varies by industry and company stage. On Eulerpool, you can compare Enterprise Value (EV)'s Formation Minerals with sector peers and the industry average to assess whether it is attractive.

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Valuation — Formation Minerals

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