NYSEAMERICAN : DNN
Denison Mines Corp. — Financial statements
Energy · Uranium · Canada
Last price 2.21 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 1.99B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Denison Mines Corp. (DNN) reported revenue of 4.09M CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.09M | 4.92M | 4.02M | 1.85M | 8.97M | 20.00M |
| Cost of Revenue | 7.81M | 5.66M | 4.82M | 3.90M | 5.35M | 12.90M |
| Gross Profit | -3.72M | -742.00K | -792.00K | -2.04M | 3.62M | 7.10M |
| Selling, General & Admin | 22.62M | 19.56M | 16.50M | 13.76M | 12.56M | 9.71M |
| Other Operating Expenses | -3.59M | -3.74M | -4.04M | 1.56M | 1.44M | 1.34M |
| Operating Expenses | 78.27M | 81.26M | 58.41M | 43.51M | 44.28M | 31.05M |
| Operating Income | -82.00M | -82.00M | -59.21M | -45.55M | -40.66M | -23.96M |
| Interest Expense | -26.33M | -7.64M | -5.00K | -4.00K | -38.00K | -46.00K |
| Interest & Investment Income | 12.84M | 8.39M | 7.72M | 4.19M | 1.42M | 383.00K |
| Earnings From Equity Investments | -2.62M | -2.98M | 16.00K | -4.40M | -2.89M | -464.00K |
| Currency Exchange Gain (Loss) | -2.45M | 2.83M | 2.28M | 321.00K | 816.00K | -1.29M |
| Other Non Operating Income (Expenses) | -213.25M | -157.65M | -3.16M | -3.57M | 27.10M | -10.82M |
| EBT Excluding Unusual Items | -313.81M | -239.06M | -52.36M | -49.01M | -14.25M | -36.20M |
| Gain (Loss) on Sale of Investments | 32.95M | 15.12M | -39.63M | 134.74M | 24.58M | 53.04M |
| Gain (Loss) on Sale of Assets | 18.00K | 18.00K | 162.00K | 1.30M | -25.00K | 135.00K |
| Pretax Income | -280.84M | -223.92M | -91.83M | 87.02M | 10.30M | 16.98M |
| Income Tax Expense | -5.28M | -6.63M | -236.00K | -2.34M | -2.27M | -2.00M |
| Earnings From Continuing Operations | -275.57M | -217.29M | -91.59M | 89.36M | 12.57M | 18.98M |
| Earnings From Discontinued Operations | 471.00K | 1.01M | 1.78M | |||
| Net Income | -275.57M | -217.29M | -91.12M | 90.38M | 14.35M | 18.98M |
| Net Income to Common | -275.57M | -217.29M | -91.12M | 90.38M | 14.35M | 18.98M |
| Shares Outstanding (Basic) | 901.02M | 896.60M | 892.24M | 848.02M | 818.89M | 783.68M |
| Shares Outstanding (Diluted) | 901.02M | 896.60M | 892.24M | 853.97M | 828.74M | 793.67M |
| EPS (Basic) | -0.31 | -0.24 | -0.10 | 0.11 | 0.02 | 0.02 |
| EPS (Diluted) | -0.31 | -0.24 | -0.10 | 0.10 | 0.02 | 0.02 |
| Free Cash Flow | -167.06M | -118.64M | -48.07M | -33.90M | -35.01M | -22.48M |
| Free Cash Flow Per Share | -0.18 | -0.13 | -0.05 | -0.04 | -0.04 | -0.03 |
| Gross Margin | -90.91% | -15.09% | -19.69% | -110.14% | 40.35% | 35.49% |
| Operating Margin | -2,003.30% | -1,667.41% | -1,471.71% | -2,455.74% | -453.15% | -119.78% |
| Profit Margin | -6,732.67% | -4,418.22% | -2,264.95% | 4,871.97% | 159.97% | 94.88% |
| Free Cash Flow Margin | -4,081.58% | -2,412.44% | -1,194.98% | -1,827.55% | -390.20% | -112.38% |
| EBITDA | -55.91M | -64.52M | -49.50M | -36.30M | -32.14M | -16.77M |
| EBITDA Margin | -83.87% | |||||
| D&A For EBITDA | 26.09M | 17.49M | 9.70M | 9.25M | 8.52M | 7.18M |
| EBIT | -82.00M | -82.00M | -59.21M | -45.55M | -40.66M | -23.96M |
| EBIT Margin | -119.78% |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 465.29M | 465.92M | 108.52M | 131.05M | 50.91M | 64.00M |
| Short-Term Investments | 84.37M | 73.52M | 6.29M | 10.40M | 8.02M | 14.44M |
| Cash & Short-Term Investments | 549.66M | 539.44M | 114.81M | 141.45M | 58.94M | 78.44M |
| Accounts Receivable | 7.38M | 5.33M | 3.08M | 1.91M | 3.18M | 2.87M |
| Other Receivables | 959.00K | 790.00K | ||||
| Receivables | 7.38M | 5.33M | 3.08M | 1.91M | 4.14M | 3.66M |
| Inventory | 16.46M | 12.27M | 3.75M | 3.58M | 2.71M | 3.45M |
| Prepaid Expenses | 4.91M | 3.19M | 2.09M | 1.59M | 1.37M | 1.31M |
| Total Current Assets | 578.40M | 560.23M | 123.72M | 148.54M | 67.16M | 86.86M |
| Property, Plant & Equipment | 385.37M | 316.93M | 259.66M | 254.95M | 253.50M | 254.46M |
| Long-Term Investments | 79.46M | 165.88M | 266.51M | 309.79M | 181.93M | 154.65M |
| Other Long-Term Assets | 71.12M | 63.03M | 13.72M | 13.33M | 13.20M | 14.32M |
| Total Assets | 1.11B | 1.11B | 663.61M | 726.60M | 515.80M | 510.28M |
| Accounts Payable | 37.15M | 19.97M | 13.29M | 5.04M | 5.43M | 3.45M |
| Accrued Expenses | 5.97M | 7.64M | 120.00K | 120.00K | ||
| Current Portion of Long-Term Debt | 30.00K | |||||
| Current Portion of Leases | 418.00K | 216.00K | 179.00K | |||
| Current Unearned Revenue | 4.50M | 4.52M | 4.50M | 4.54M | 4.92M | 4.66M |
| Other Current Liabilities | 13.85M | 19.54M | 16.10M | 8.37M | 7.73M | 7.94M |
| Total Current Liabilities | 61.48M | 52.12M | 33.89M | 17.95M | 18.41M | 16.35M |
| Long-Term Debt | 687.27M | 612.17M | 130.00K | 180.00K | 56.00K | |
| Long-Term Leases | 1.82M | 2.33M | 287.00K | 180.00K | 273.00K | |
| Long-Term Unearned Revenue | 36.05M | 35.63M | 29.49M | 30.42M | 28.38M | 31.85M |
| Pension & Post-Retirement Benefits | 1.08M | 1.15M | ||||
| Long-Term Deferred Tax Liabilities | 1.57M | 1.59M | 2.37M | 2.61M | 4.95M | 7.22M |
| Other Long-Term Liabilities | 39.08M | 34.38M | 31.20M | 33.43M | 26.59M | 56.69M |
| Total Liabilities | 825.45M | 737.70M | 99.29M | 84.82M | 79.78M | 113.59M |
| Common Stock | 1.69B | 1.68B | 1.67B | 1.66B | 1.54B | 1.52B |
| Additional Paid-In Capital | 76.57M | 76.23M | 73.31M | 69.82M | 70.28M | 67.50M |
| Retained Earnings | -1.48B | -1.39B | -1.18B | -1.08B | -1.18B | -1.19B |
| Comprehensive Income & Other | 1.89M | 1.60M | 1.82M | 1.82M | 1.78M | 1.78M |
| Shareholders' Equity | 288.90M | 368.37M | 564.32M | 641.78M | 436.02M | 396.69M |
| Total Liabilities & Equity | 1.11B | 1.11B | 663.61M | 726.60M | 515.80M | 510.28M |
| Total Debt | 687.27M | 614.44M | 2.33M | 417.00K | 576.00K | 508.00K |
| Net Cash (Debt) | -137.61M | -75.00M | 112.48M | 141.04M | 58.36M | 77.93M |
| Net Cash Per Share | -0.15 | -0.08 | 0.13 | 0.17 | 0.07 | 0.10 |
| Filing Date Shares Outstanding | 905.22M | 902.96M | 895.74M | 891.00M | 835.35M | 814.74M |
| Total Common Shares Outstanding | 905.14M | 901.61M | 895.71M | 890.97M | 826.33M | 812.43M |
| Working Capital | 516.93M | 508.11M | 89.83M | 130.59M | 48.74M | 70.50M |
| Book Value Per Share | 0.32 | 0.41 | 0.63 | 0.72 | 0.53 | 0.49 |
| Tangible Book Value | 288.90M | 368.37M | 564.32M | 641.78M | 436.02M | 396.69M |
| Tangible Book Value Per Share | 0.32 | 0.41 | 0.63 | 0.72 | 0.53 | 0.49 |
| Machinery | 141.58M | 162.95M | 116.51M | 112.70M | 108.07M | 105.68M |
| Construction In Progress | 92.13M |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -275.57M | -217.29M | -91.12M | 90.38M | 14.35M | 18.98M |
| Depreciation & Amortization | 26.52M | 17.77M | 9.93M | 9.39M | 8.67M | 7.38M |
| Loss (Gain) From Sale of Assets | 18.00K | 18.00K | -162.00K | -1.30M | 25.00K | -135.00K |
| Loss (Gain) From Sale of Investments | -25.02M | -15.95M | 39.63M | -134.74M | -22.95M | -51.89M |
| Loss (Gain) on Equity Investments | 2.62M | 2.98M | -16.00K | 4.40M | 1.26M | -685.00K |
| Stock-Based Compensation | 6.27M | 4.75M | 4.66M | 3.75M | 3.74M | 2.83M |
| Other Operating Activities | 193.92M | 138.76M | -10.97M | -4.41M | -34.98M | 2.47M |
| Change in Accounts Receivable | -3.76M | -2.71M | -823.00K | 2.23M | -512.00K | -282.00K |
| Change in Inventory | -9.73M | -6.60M | -165.00K | -866.00K | 741.00K | -410.00K |
| Change in Accounts Payable | -93.00K | 10.44M | 9.18M | 759.00K | 1.39M | 676.00K |
| Change in Other Net Operating Assets | -2.24M | -314.00K | -524.00K | -253.00K | 129.00K | -183.00K |
| Operating Cash Flow | -87.07M | -68.15M | -40.38M | -30.67M | -28.14M | -21.25M |
| Capital Expenditures | -79.99M | -50.50M | -7.69M | -3.23M | -6.87M | -1.23M |
| Sale of Property, Plant & Equipment | 55.00K | 55.00K | 240.00K | 125.00K | 12.00K | 139.00K |
| Investment in Securities | 140.31M | 49.95M | 8.27M | 2.52M | -800.00K | -77.43M |
| Other Investing Activities | -47.88M | -49.03M | -393.00K | -126.00K | 896.00K | -20.48M |
| Investing Cash Flow | 12.49M | -49.52M | 426.00K | -719.00K | -6.76M | -99.00M |
| Long-Term Debt Issued | 476.31M | 158.00K | 34.00K | |||
| Long-Term Debt Repaid | -517.00K | -301.00K | -218.00K | -209.00K | -252.00K | |
| Lease Payments | -473.00K | -473.00K | -251.00K | -168.00K | -175.00K | -241.00K |
| Net Debt Issued (Repaid) | 475.83M | 475.79M | -301.00K | -218.00K | -51.00K | -218.00K |
| Issuance of Common Stock | 19.70M | 15.81M | 15.46M | 111.40M | 21.01M | 168.62M |
| Other Financing Activities | -17.13M | -17.31M | -8.58M | |||
| Financing Cash Flow | 478.40M | 474.28M | 15.15M | 111.18M | 20.96M | 159.82M |
| Foreign Exchange Rate Adjustments | 6.93M | 782.00K | 2.27M | 346.00K | 863.00K | -562.00K |
| Net Cash Flow | 410.76M | 357.40M | -22.54M | 80.14M | -13.08M | 39.01M |
| Free Cash Flow | -167.06M | -118.64M | -48.07M | -33.90M | -35.01M | -22.48M |
| Free Cash Flow Margin | -4,081.58% | -2,412.44% | -1,194.98% | -1,827.55% | -390.20% | -112.38% |
| Free Cash Flow Per Share | -0.18 | -0.13 | -0.05 | -0.04 | -0.04 | -0.03 |
| Levered Free Cash Flow | -97.70M | -78.10M | -15.99M | -17.69M | -17.68M | -2.10M |
| Unlevered Free Cash Flow | -81.24M | -73.33M | -15.99M | -17.69M | -17.66M | -2.07M |
| Free Cash Flow After Leases | -167.53M | -119.12M | -48.33M | -34.07M | -35.19M | -22.72M |
| Cash Interest Paid | 6.00K | 2.00K | ||||
| Change in Working Capital | -15.83M | 808.00K | 7.67M | 1.87M | 1.74M | -199.00K |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.92B | 2.38B | 1.62B | 1.57B | 942.09M | 1.11B |
| Enterprise Value | 2.02B | 2.47B | 1.54B | 1.50B | 894.40M | 1.05B |
| Last Close Price | 2.21 | 2.66 | 1.80 | 1.77 | 1.15 | 1.37 |
| PE Ratio | 22.87 | 88.83 | 74.03 | |||
| PS Ratio | 691.05 | 664.12 | 579.10 | 1,114.18 | 142.10 | 70.24 |
| PB Ratio | 9.79 | 8.87 | 4.13 | 3.22 | 2.92 | 3.54 |
| P/TBV Ratio | 9.79 | 8.87 | 4.13 | 3.22 | 2.92 | 3.54 |
| EV/Sales Ratio | 725.26 | 687.65 | 550.16 | 1,069.30 | 134.90 | 66.43 |
| Debt / Equity Ratio | 2.38 | 1.67 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Debt / Equity Ratio | 0.48 | 0.20 | -0.20 | -0.22 | -0.13 | -0.20 |
| Net Debt / EBITDA Ratio | -2.46 | -1.16 | 2.27 | 3.88 | 1.82 | 4.65 |
| Net Debt / FCF Ratio | -0.82 | -0.63 | 2.34 | 4.16 | 1.67 | 3.47 |
| Asset Turnover | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.05 |
| Inventory Turnover | 0.76 | 0.71 | 1.31 | 1.24 | 1.74 | 3.99 |
| Quick Ratio | 9.06 | 10.45 | 3.48 | 7.99 | 3.42 | 5.02 |
| Current Ratio | 9.41 | 10.75 | 3.65 | 8.28 | 3.65 | 5.31 |
| Return on Equity (ROE) | -66.82% | -46.59% | -15.19% | 16.58% | 3.02% | 6.08% |
| Return on Assets (ROA) | -5.89% | -5.79% | -5.32% | -4.58% | -4.95% | -3.60% |
| Return on Capital Employed (ROCE) | -7.80% | -7.80% | -9.40% | -6.40% | -8.20% | -4.90% |
| Earnings Yield | -10.39% | -6.65% | -3.91% | 4.37% | 1.13% | 1.35% |
| FCF Yield | -6.00% | -3.63% | -2.06% | -1.64% | -2.75% | -1.60% |
| Buyback Yield / Dilution | -0.74% | -0.49% | -4.48% | -3.04% | -4.42% | -26.29% |