URG (URG) financial statements
URG reported revenue of $27M in fiscal 2025, down 0.0% a year over 9 years.
Net income was -$75M and the operating margin -255.0%, against 1.0% in 2016.
Free cash flow was -$67M.
The diluted share count rose 159% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from URG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27M | $38M | $23M | $32M | $8M | $16,000 | $19,000 | $18M | $34M | $27M |
| Cost of revenue | $16M | $24M | $12M | $30M | $13M | $7M | $7M | $19M | $43M | $27M |
| Gross profit | $11M | $14M | $11M | $2M | -$5M | -$7M | -$7M | -$2M | -$9M | $74,000 |
| Research and development | $3M | $4M | $2M | $1M | — | — | — | — | — | — |
| Selling, general and admin | $5M | $5M | $5M | $6M | $5M | $5M | $6M | $6M | $8M | $9M |
| Operating income | $271,000 | $1M | $1M | -$8M | -$13M | -$17M | -$20M | -$31M | -$63M | -$69M |
| Interest expense | — | — | $1M | $668,000 | $710,000 | $733,000 | $463,000 | $600,000 | $336,000 | $2M |
| Pre-tax income | -$3M | $76,000 | $5M | -$8M | -$15M | -$23M | -$17M | -$31M | -$53M | -$75M |
| Income tax | -$17,000 | — | — | — | — | — | — | — | — | — |
| Net income | -$3M | $76,000 | $5M | -$8M | -$15M | -$23M | -$17M | -$31M | -$53M | -$75M |
| EPS (diluted) | -$0.02 | $0.00 | $0.03 | -$0.05 | -$0.09 | -$0.12 | -$0.08 | -$0.12 | -$0.17 | -$0.20 |
| Diluted shares | 142M | 148M | 152M | 160M | 164.26B | 196M | 220M | 260M | 318M | 368M |
| Gross margin | 42.0% | 36.4% | 48.1% | 6.1% | -55.9% | -43650.0% | -36010.5% | -9.5% | -26.6% | 0.3% |
| Operating margin | 1.0% | 3.6% | 5.6% | -25.7% | -160.4% | -104731.2% | -104178.9% | -174.5% | -187.2% | -255.0% |
| Net margin | -11.0% | 0.2% | 19.3% | -26.1% | -177.8% | -143362.5% | -90210.5% | -173.4% | -157.8% | -275.3% |
Balance sheet
Fiscal years, from URG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2M | $4M | $6M | $7M | $4M | $46M | $33M | $60M | $76M | $124M |
| Receivables | $16,000 | $33,000 | $31,000 | $22,000 | $0 | $4,000 | $8,000 | $0 | $17M | — |
| Inventory | $4M | $5M | $15M | $7M | $8M | $0 | $10M | $3M | $21M | $24M |
| Total current assets | $7M | $9M | $9M | $8M | $5M | $49M | $44M | $64M | $115M | $150M |
| Property, plant and equipment | $29M | $27M | $25M | $24M | $22M | $21M | $20M | $21M | $27M | $50M |
| Total assets | $90M | $88M | $100M | $90M | $82M | $121M | $108M | $128M | $194M | $272M |
| Total current liabilities | $8M | $8M | $7M | $2M | $4M | $6M | $7M | $10M | $19M | $28M |
| Long-term debt | $19M | $15M | $10M | $12M | $398,000 | $11M | — | — | — | — |
| Total liabilities | $54M | $50M | $49M | $46M | $48M | $51M | $45M | $54M | $61M | $195M |
| Shareholders' equity | $36M | $39M | $52M | $44M | $34M | $69M | $62M | $75M | $133M | $77M |
| Net debt | $22M | $16M | $8M | $5M | -$3M | -$34M | -$28M | -$54M | -$76M | -$124M |
Cash flow
Fiscal years, from URG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3M | $6M | -$5M | $4M | -$8M | -$12M | -$18M | -$17M | -$72M | -$43M |
| Capital spending | $296,000 | $181,000 | -$55,000 | $271,000 | $43,000 | $1M | $709,000 | $2M | $9M | $24M |
| Free cash flow | $3M | $5M | -$5M | $4M | -$8M | -$13M | -$19M | -$19M | -$81M | -$67M |
| Stock-based compensation | $857,000 | $891,000 | $915,000 | $787,000 | $951,000 | $1M | $1M | $1M | $2M | $2M |
| Net borrowing | -$4M | — | $0 | $0 | $893,000 | $0 | -$1M | -$5M | -$6M | — |
| Free cash flow margin | 11.3% | 14.2% | -22.6% | 11.5% | -102.0% | -80550.0% | -98947.4% | -107.6% | -240.2% | -245.3% |
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Open URG in InvestinglyQuestions
What was URG's revenue in 2025?
$27M in fiscal 2025, from its 10-K filing.
How much free cash flow does URG generate?
-$67M in fiscal 2025 (operating cash flow minus capital spending).
From URG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.