NYSE : NXE
NexGen Energy Ltd. — Financial statements
Energy · Uranium · Canada
Last price 8.27 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 5.55B
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Financial statements
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Selling, General & Admin | 61.37M | 49.41M | 46.45M | 45.79M | 22.82M | 17.66M |
| Operating Expenses | 110.46M | 89.84M | 78.24M | 84.73M | 59.78M | 51.17M |
| Operating Income | -110.46M | -89.84M | -78.24M | -84.73M | -59.78M | -51.17M |
| Interest Expense | -42.80M | -46.73M | -32.61M | -6.25M | -2.39M | -3.99M |
| Interest & Investment Income | 24.75M | 17.82M | 21.73M | 6.03M | 2.79M | 910.00K |
| Earnings From Equity Investments | -3.79M | -279.00K | -13.80M | 920.00K | ||
| Currency Exchange Gain (Loss) | -1.66M | -3.74M | 2.69M | -1.12M | 1.02M | -68.00K |
| Other Non Operating Income (Expenses) | 3.24M | -2.13M | -159.00K | -1.38M | -85.00K | 29.00K |
| EBT Excluding Unusual Items | -130.72M | -124.90M | -100.39M | -86.54M | -58.45M | -54.30M |
| Gain (Loss) on Sale of Investments | 2.51M | -92.49M | -113.00K | |||
| Gain (Loss) on Sale of Assets | 204.04M | 3.60M | ||||
| Other Unusual Items | -125.87M | -78.18M | 18.38M | -48.74M | -2.86M | -75.12M |
| Pretax Income | -254.08M | -295.57M | -82.13M | 68.76M | -61.31M | -125.83M |
| Income Tax Expense | -544.00K | 14.11M | -4.57M | -1.41M | -1.04M | 1.12M |
| Earnings From Continuing Operations | -253.53M | -309.68M | -77.56M | 70.17M | -60.27M | -126.95M |
| Minority Interest in Earnings | 10.65M | 3.68M | 7.86M | |||
| Net Income | -253.53M | -309.68M | -77.56M | 80.82M | -56.59M | -119.09M |
| Net Income to Common | -253.53M | -309.68M | -77.56M | 80.82M | -56.59M | -119.09M |
| Shares Outstanding (Basic) | 635.23M | 588.40M | 554.76M | 498.24M | 479.68M | 459.29M |
| Shares Outstanding (Diluted) | 635.23M | 588.40M | 554.76M | 529.21M | 479.68M | 459.29M |
| EPS (Basic) | -0.40 | -0.53 | -0.14 | 0.16 | -0.12 | -0.26 |
| EPS (Diluted) | -0.41 | -0.53 | -0.14 | 0.16 | -0.12 | -0.26 |
| Free Cash Flow | -343.56M | -233.11M | -154.77M | -168.42M | -88.23M | -63.70M |
| Free Cash Flow Per Share | -0.54 | -0.40 | -0.28 | -0.32 | -0.18 | -0.14 |
| EBITDA | -108.50M | -87.64M | -75.99M | -83.64M | -58.84M | -50.04M |
| D&A For EBITDA | 1.97M | 2.20M | 2.25M | 1.10M | 935.00K | 1.14M |
| EBIT | -110.46M | -89.84M | -78.24M | -84.73M | -59.78M | -51.17M |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 756.17M | 802.58M | 476.59M | 290.74M | 134.45M | 201.80M |
| Short-Term Investments | 214.08M | 321.08M | 5.78M | 9.31M | ||
| Cash & Short-Term Investments | 970.25M | 1.12B | 476.59M | 290.74M | 140.22M | 211.12M |
| Accounts Receivable | 512.00K | 512.00K | 512.00K | |||
| Other Receivables | 3.10M | 2.23M | 1.73M | 1.94M | 1.80M | 1.18M |
| Receivables | 3.10M | 2.74M | 2.24M | 2.45M | 1.80M | 1.18M |
| Prepaid Expenses | 13.89M | 21.22M | 14.36M | 13.77M | 2.17M | 1.03M |
| Total Current Assets | 987.32M | 1.15B | 493.18M | 306.96M | 144.19M | 213.32M |
| Property, Plant & Equipment | 997.40M | 819.84M | 590.24M | 456.76M | 410.15M | 332.85M |
| Long-Term Investments | 180.71M | 153.84M | 229.59M | 240.12M | ||
| Other Intangible Assets | 144.00K | 312.00K | ||||
| Long-Term Accounts Receivable | 3.50M | |||||
| Other Long-Term Assets | 362.90M | 351.63M | 344.22M | 82.00K | 76.00K | 76.00K |
| Total Assets | 2.53B | 2.47B | 1.66B | 1.01B | 554.56M | 546.56M |
| Accounts Payable | 59.68M | 40.30M | 18.64M | 26.18M | 13.68M | 7.44M |
| Accrued Expenses | 2.70M | 2.64M | 2.76M | 808.00K | 43.00K | 58.00K |
| Current Portion of Long-Term Debt | 612.37M | 586.21M | 455.78M | 158.48M | ||
| Current Portion of Leases | 697.00K | 697.00K | 926.00K | 926.00K | 775.00K | 706.00K |
| Current Unearned Revenue | 2.07M | |||||
| Other Current Liabilities | 524.00K | |||||
| Total Current Liabilities | 675.45M | 630.38M | 478.11M | 186.39M | 16.57M | 8.21M |
| Long-Term Debt | 80.02M | 72.01M | ||||
| Long-Term Leases | 6.04M | 6.80M | 1.02M | 1.69M | 2.46M | |
| Long-Term Deferred Tax Liabilities | 867.00K | 2.54M | ||||
| Other Long-Term Liabilities | 2.55M | 3.65M | 91.00K | |||
| Total Liabilities | 684.04M | 640.83M | 478.20M | 187.41M | 99.14M | 85.22M |
| Common Stock | 2.48B | 2.38B | 1.41B | 1.01B | 712.60M | 695.86M |
| Retained Earnings | -772.73M | -691.24M | -381.56M | -304.00M | -389.87M | -332.98M |
| Comprehensive Income & Other | 137.30M | 145.40M | 154.64M | 114.89M | 95.14M | 70.73M |
| Total Common Equity | 1.84B | 1.83B | 1.18B | 820.02M | 417.88M | 433.61M |
| Minority Interest | 37.54M | 27.74M | ||||
| Shareholders' Equity | 1.84B | 1.83B | 1.18B | 820.02M | 455.42M | 461.35M |
| Total Liabilities & Equity | 2.53B | 2.47B | 1.66B | 1.01B | 554.56M | 546.56M |
| Total Debt | 619.11M | 593.71M | 456.71M | 160.42M | 82.48M | 75.18M |
| Net Cash (Debt) | 351.15M | 529.95M | 19.88M | 130.32M | 57.74M | 135.94M |
| Net Cash Per Share | 0.55 | 0.90 | 0.04 | 0.25 | 0.12 | 0.30 |
| Filing Date Shares Outstanding | 670.51M | 661.07M | 569.09M | 539.55M | 487.09M | 479.32M |
| Total Common Shares Outstanding | 670.51M | 659.96M | 569.09M | 525.34M | 482.53M | 479.20M |
| Working Capital | 311.87M | 517.25M | 15.07M | 120.58M | 127.62M | 205.12M |
| Book Value Per Share | 2.75 | 2.78 | 2.07 | 1.56 | 0.87 | 0.90 |
| Tangible Book Value | 1.84B | 1.83B | 1.18B | 820.02M | 417.73M | 433.30M |
| Tangible Book Value Per Share | 2.75 | 2.78 | 2.07 | 1.56 | 0.87 | 0.90 |
| Buildings | 5.89M | 5.78M | ||||
| Machinery | 13.12M | 13.05M | 12.55M | 10.35M | 7.28M | 7.14M |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -253.53M | -309.68M | -77.56M | 80.82M | -56.59M | -119.09M |
| Depreciation & Amortization | 1.97M | 2.20M | 2.25M | 1.80M | 1.64M | 1.92M |
| Other Amortization | 172.00K | 202.00K | ||||
| Loss (Gain) From Sale of Assets | -204.04M | -3.60M | ||||
| Loss (Gain) From Sale of Investments | -2.51M | 92.49M | 113.00K | |||
| Loss (Gain) on Equity Investments | 3.79M | 279.00K | 13.80M | -920.00K | ||
| Stock-Based Compensation | 47.13M | 38.22M | 29.53M | 37.14M | 35.15M | 31.39M |
| Other Operating Activities | 160.43M | 141.76M | 13.86M | 45.28M | -406.00K | 72.43M |
| Change in Accounts Receivable | -2.12M | -503.00K | 127.00K | -132.00K | -623.00K | -873.00K |
| Change in Accounts Payable | 3.83M | 3.31M | -188.00K | 1.33M | 1.62M | 1.15M |
| Change in Other Net Operating Assets | -14.93M | -15.60M | -6.03M | -13.90M | -1.14M | -329.00K |
| Operating Cash Flow | -55.95M | -47.51M | -24.09M | -52.62M | -20.18M | -16.79M |
| Capital Expenditures | -287.60M | -185.60M | -130.68M | -115.81M | -68.05M | -46.91M |
| Sale of Property, Plant & Equipment | 192.00K | |||||
| Divestitures | -42.33M | |||||
| Investment in Securities | -235.00M | -338.25M | -2.00M | |||
| Other Investing Activities | 9.00K | |||||
| Investing Cash Flow | -522.60M | -523.85M | -130.68M | -160.14M | -68.05M | -46.71M |
| Long-Term Debt Issued | 147.96M | 5.30M | ||||
| Long-Term Debt Repaid | -1.04M | -1.03M | -928.00K | -913.00K | -1.00M | |
| Lease Payments | -1.01M | -1.04M | -1.03M | -928.00K | -913.00K | -1.00M |
| Net Debt Issued (Repaid) | -1.01M | -1.04M | -1.03M | 147.03M | 4.38M | -1.00M |
| Issuance of Common Stock | 992.92M | 938.43M | 366.18M | 225.07M | 16.96M | 195.32M |
| Other Financing Activities | -29.51M | -37.95M | -20.50M | -3.21M | -1.49M | -2.96M |
| Financing Cash Flow | 962.40M | 899.44M | 344.64M | 368.89M | 19.86M | 191.35M |
| Foreign Exchange Rate Adjustments | 773.00K | -2.09M | -4.03M | 158.00K | 1.02M | -68.00K |
| Net Cash Flow | 384.62M | 325.99M | 185.84M | 156.30M | -67.36M | 127.78M |
| Free Cash Flow | -343.56M | -233.11M | -154.77M | -168.42M | -88.23M | -63.70M |
| Free Cash Flow Per Share | -0.54 | -0.40 | -0.28 | -0.32 | -0.18 | -0.14 |
| Levered Free Cash Flow | -298.31M | -215.84M | -174.13M | -134.79M | -63.41M | -48.15M |
| Unlevered Free Cash Flow | -271.56M | -186.63M | -153.75M | -130.88M | -61.92M | -45.65M |
| Free Cash Flow After Leases | -344.57M | -234.15M | -155.81M | -169.35M | -89.14M | -64.70M |
| Cash Interest Paid | 29.15M | 29.73M | 20.50M | 3.21M | 1.49M | 2.96M |
| Change in Working Capital | -13.22M | -12.79M | -6.09M | -12.70M | -143.00K | -51.00K |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.32B | 6.04B | 3.73B | 3.68B | 2.14B | 2.09B |
| Enterprise Value | 5.07B | 6.25B | 3.65B | 3.56B | 2.10B | 1.98B |
| Last Close Price | 8.27 | 9.20 | 6.60 | 7.00 | 4.43 | 4.37 |
| PE Ratio | 60.18 | |||||
| PB Ratio | 4.27 | 4.52 | 4.55 | 5.93 | 6.35 | 5.73 |
| P/TBV Ratio | 4.27 | 4.52 | 4.55 | 5.93 | 6.92 | 6.10 |
| Debt / Equity Ratio | 0.34 | 0.32 | 0.39 | 0.20 | 0.18 | 0.16 |
| Net Debt / Equity Ratio | -0.19 | -0.29 | -0.02 | -0.16 | -0.13 | -0.29 |
| Net Debt / EBITDA Ratio | 3.24 | 6.05 | 0.26 | 1.56 | 0.98 | 2.72 |
| Net Debt / FCF Ratio | 1.02 | 2.27 | 0.13 | 0.77 | 0.65 | 2.13 |
| Quick Ratio | 1.44 | 1.79 | 1.00 | 1.57 | 8.57 | 25.87 |
| Current Ratio | 1.46 | 1.82 | 1.03 | 1.65 | 8.70 | 26.00 |
| Return on Equity (ROE) | -17.67% | -20.57% | -7.76% | 11.00% | -13.15% | -43.73% |
| Return on Assets (ROA) | -3.39% | -2.72% | -3.67% | -6.78% | -6.79% | -7.08% |
| Return on Capital Employed (ROCE) | -6.00% | -4.90% | -6.60% | -10.30% | -11.10% | -9.50% |
| Earnings Yield | -3.69% | -3.74% | -1.45% | 1.66% | -1.96% | -4.50% |
| FCF Yield | -4.43% | -2.82% | -2.89% | -3.46% | -3.05% | -2.41% |
| Buyback Yield / Dilution | -11.93% | -6.06% | -4.83% | -10.33% | -4.44% | -23.95% |