UUUU ENERGY FUELS INC

Overview and Growth

In fiscal 2025, ENERGY FUELS INC recorded $65.92M of revenue, net loss of $85.63M, and an operating cash outflow of $89.48M. The $65.92M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $78.11M in fiscal 2024, revenue decreased 15.6%, a top-line contraction that reduced operating scale. On a per-share basis, diluted EPS was -$0.38, which connects the reported earnings outcome with the company’s diluted share count. The company employed $1.41B of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.05x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $13.75M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 20.9% of revenue, showing how much of the top line remained after direct costs. The company recorded an operating loss of $101.16M after the reported operating expense base. An operating margin of -153.4% reflected costs exceeding revenue-level gross profit by 153.4% of sales. After all below-operating-line items, the company recorded a net loss of $85.63M for the fiscal year. Measured against revenue, the bottom-line deficit represented 129.9% after all recognized items. Before income taxes, the company recorded a loss of $87.09M, bridging the operating result to the final net loss. The pretax loss equaled 132.1% of revenue, measuring the pre-tax deficit against sales. An income-tax benefit of $979.00K improved the final result relative to pretax income or loss. The net loss equaled 12.5% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 6.1%.

Liquidity and Capital Structure

Total assets were $1.41B, supported by $729.28M of liabilities and $682.57M of shareholder equity. Current assets were $958.67M against $31.23M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 30.69x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $64.74M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 207.3% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $675.69M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.99x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 47.9%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 51.7%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 4.6%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 130.7% higher than fiscal 2024 assets of $611.97M, measuring the company’s own balance-sheet change. Reported equity changed 28.4% from $531.68M in fiscal 2024, placing the current capital base higher year over year. Cash and equivalents were 67.7% higher than fiscal 2024 cash of $38.60M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $89.48M, rather than cash generation from operations. Capital expenditures used $19.26M in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Negative free cash flow was $108.74M, leaving a cash deficit after capital spending and reducing financial flexibility. The free-cash-flow deficit equaled 165.0% of revenue, showing the post-investment cash shortfall relative to sales. The free-cash-flow deficit equaled 7.7% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.