enCore Energy Corp.
EU- Exchange
- Nasdaq
- Industry
- Miscellaneous Metal Ores
- SEC CIK
- 0001500881
In the last 90 days, enCore Energy Corp. insiders filed 3 open-market purchases and 1 sale; 144 institutions reported holding it in 13F filings for Q2 2026, worth $122.4M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 13, 2026, 1:19 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $56.9M (131.7% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 40-F | 40-F |
| Reported | Mar 9, 2026 | Mar 3, 2025 | – | – |
| Revenue | $43.2M | $58.3M | – | – |
| Cost of revenue | $33.5M | $65.5M | – | – |
| Gross profit | $9.69M | -$7.21M | – | – |
| Operating expenses | $75.5M | $65.0M | – | – |
| Selling, general and administrative | $42.6M | $27.1M | $4.92M | $4.73M |
| Operating income | -$65.8M | -$72.2M | -$35.8M | -$18.7M |
| Interest expense | – | $1.74M | $2.80M | $2.56K |
| Income tax | -$488.0K | -$5.93M | – | – |
| Net income | -$56.9M | -$61.4M | -$22.4M | $16.5M |
| EPS, basic | $-0.30 | $-0.34 | $-0.16 | $-0.16 |
| EPS, diluted | $-0.30 | $-0.34 | $-0.16 | $-0.16 |
| Weighted shares, basic | 186.9M | 182.0M | 144.0M | 105.5M |
| Weighted shares, diluted | 186.9M | 182.0M | 144.0M | 105.5M |
| Margins and growth | ||||
| Gross margin | 22.5% | -12.4% | – | – |
| Operating margin | -152.4% | -123.7% | – | – |
| Net margin | -131.7% | -105.2% | – | – |
| Revenue growth, year over year | −26.0% | – | – | – |
| Net income growth, year over year | – | – | −235.5% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 40-F | 40-F |
| Reported | Mar 9, 2026 | Mar 3, 2025 | – | – |
| Cash and equivalents | $52.4M | $39.7M | $7.49M | $2.51M |
| Short-term investments | – | $24.0M | – | -$488.8K |
| Accounts receivable | $4.94M | – | – | – |
| Inventory | $5.32M | $21.0M | – | – |
| Total current assets | $109.8M | $87.4M | $25.3M | $10.6M |
| Property, plant and equipment | $41.2M | $24.0M | $15.0M | $2.33M |
| Intangible assets | $1.47M | $471.0K | $513.7K | $528.3K |
| Total assets | $430.4M | $392.7M | $324.6M | $223.5M |
| Accounts payable | – | – | $3.58M | $3.11M |
| Short-term debt | $0 | $20.1M | – | – |
| Total current liabilities | $13.7M | $30.1M | $6.27M | $3.63M |
| Long-term debt | $110.0M | – | – | – |
| Total liabilities | $172.0M | $74.2M | $36.6M | $8.48M |
| Shareholders' equity | $258.4M | $318.5M | $287.9M | $215.1M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 40-F | 40-F |
| Reported | Mar 9, 2026 | Mar 3, 2025 | – | – |
| Operating cash flow | -$25.0M | -$45.2M | $22.3M | -$69.2M |
| Capital expenditures | $20.0M | $11.3M | $7.91M | $979.5K |
| Free cash flow | -$45.0M | -$56.6M | $14.4M | -$70.2M |
| Depreciation and amortization | $5.38M | $4.60M | $1.68M | $380.3K |
| Stock-based compensation | $4.20M | $4.79M | $4.54M | $5.74M |
| Investing cash flow | -$46.2M | -$30.0M | -$63.4M | -$12.2M |
| Financing cash flow | $84.7M | $107.4M | $45.7M | $74.9M |
| Net change in cash | – | – | $4.98M | – |
| Ratio | ||||
| Stock-based compensation, % of revenue | 9.7% | 8.2% | – | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.