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NASDAQ · MISCELLANEOUS METAL ORES · SMALL CAP

enCore Energy Corp. EU

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$43.2M
▼ 26.0% YoY
$-56.9M
$-45.0M
In brief

What this company does

The Company only utilizes the proven ISR technology to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy. In 2024, the Company commenced uranium extraction at the Rosita Central Processing Plant ("CPP") in South Texas, becoming one of only three uranium extraction operations in the United States and the first in Texas in 10 years. enCore controls key mineral properties within the United States, in Texas, South Dakota, Wyoming and New Mexico. As of December 31, 2025, enCore owns three of the current 10 licensed and constructed ISR CPPs in the United States, with all existing facilities located in the business-friendly, energy-centric state of Texas. As of December 31, 2025, 168 people were employed on a full-time basis and approximately 83 individuals provided services on a contractual basis, principally through our drilling rig contractors, all of whom were located in the U.S. The Company's common shares are listed on The Nasdaq Capital Market LLC ("Nasdaq") and the TSX Venture Exchange ("TSX-V") under the trading symbol EU.

Written from the business description in enCore Energy Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 43.2M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 43.2 · Net income -56.9
20.0M40.0M-25.0M-50.0M20212022202320242025
Compound annual growth
+116.6%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−146 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -152.4% · Net -146.0%
50%100%-200%-400%-600%20212022202320242025
ROE
FY2025 · ROE -22.1%
-10%-20%20212022202320242025

Each USD of equity lost 22 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -45.0
-20M-40M20212022202320242025

Total assetsUSD 430.4M
EquityUSD 229.2M
CashUSD 52.4M
Gross debtUSD 110.0M
Net debtUSD 57.6M
Current ratio8.03×

Net debt stands at 25% of equity.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.10.00.0·
Operating income $B−0.1−0.10.0−0.0·
EBITDA $B−0.1−0.10.0−0.0·
Income tax $B−0.0−0.0−0.0−0.0·
Net income $B−0.1−0.1−0.0−0.00.0
Free cash flow $B−0.0−0.1−0.0−0.0·
EPS, diluted $−0.30−0.34−0.18−0.22·
Dividend / sh $·····
Payout %·····
ROE %−22.1−22.4−9.8··
Shares out B0.190.190.17··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 19 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 76 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMiscellaneous Metal Ores
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2021

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