NexGen Energy Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), NexGen Energy Ltd reported net income of ($309.7M) (-299.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Salaries, benefits and directors' fees | $14.6M | $13.8M | $12.7M | $9.3M |
| Office, administrative, and travel | $23.0M | $20.4M | $15.6M | $7.9M |
| Professional fees and insurance | $11.8M | $12.2M | $17.5M | $5.7M |
| Depreciation | $2.2M | $2.3M | $1.8M | $1.8M |
| Share-based payments | $38.2M | $29.5M | $37.1M | $35.1M |
| Total value | ($89.8M) | ($78.2M) | ($84.7M) | $59.8M |
| Finance income | $17.8M | $21.7M | $6.0M | ($2.8M) |
| Mark-to-market gain (loss) on convertible debentures | ($78.2M) | $18.4M | ($48.7M) | — |
| Interest expense on convertible debentures | ($46.4M) | ($32.5M) | ($6.1M) | $2.2M |
| Interest on lease liabilities and accretion expense | ($285.0K) | ($110.0K) | ($153.0K) | $207.0K |
| Share of net loss from associate | ($279.0K) | ($13.8M) | $920.0K | — |
| Loss on dilution of ownership interest in associate | ($11.5M) | ($113.0K) | — | — |
| Impairment loss on investment in associate | ($81.0M) | — | — | — |
| Mark-to-market loss on derivative instruments | ($2.1M) | — | — | — |
| Foreign exchange gain (loss) | ($3.7M) | $2.7M | ($1.1M) | ($1.0M) |
| Other expense | $0 | ($159.0K) | ($1.4M) | — |
| Loss before taxes | ($295.6M) | ($82.1M) | $68.8M | $61.3M |
| Deferred income tax recovery (expense) | ($14.1M) | $4.6M | $1.4M | ($1.0M) |
| Net loss | ($309.7M) | ($77.6M) | $70.2M | $60.3M |
| Change in fair value of convertible debenture attributable to the change in credit risk | ($52.3M) | $15.2M | ($1.4M) | ($149.0K) |
| Deferred income tax recovery (expense) | $14.1M | ($4.6M) | $449.0K | ($461.0K) |
| Share of other comprehensive income (loss) from associate | ($1.2M) | $3.4M | ($539.0K) | — |
| Net comprehensive loss | ($349.1M) | ($63.5M) | $67.7M | $63.2M |
| Basic earnings (loss) per share | -$0.53 | -$0.14 | $0.16 | — |
| Diluted earnings (loss) per share | -$0.53 | -$0.14 | $0.16 | — |
| Basic | 588.4M | 554.8M | 498.2M | — |
| Diluted | 588.4M | 554.8M | 529.2M | — |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash | $802.6M | $476.6M | $290.7M | $134.4M |
| Short-term investments | $321.1M | — | — | — |
| Amounts receivable | $2.2M | $1.7M | $1.9M | $1.8M |
| Prepaid expenses and other assets | $21.2M | $14.4M | $13.8M | $2.2M |
| Lease receivable | $512.0K | $512.0K | $512.0K | — |
| Total Current Assets | $1.1B | $493.2M | $307.0M | $144.2M |
| Exploration and evaluation assets | $812.3M | $584.9M | $451.4M | $405.2M |
| Property and equipment | $7.6M | $5.4M | $5.4M | $5.0M |
| Investment in associate | $153.8M | $229.6M | $240.1M | — |
| Strategic inventory | $341.1M | $341.1M | — | — |
| Other non-current assets | $10.5M | — | — | — |
| Total assets | $2.5B | $1.7B | $1.0B | $554.6M |
| Accounts payable and accrued liabilities | $40.3M | $21.4M | $27.0M | $13.7M |
| Interest payable | $2.6M | — | — | — |
| Lease liabilities | $697.0K | $926.0K | $926.0K | $775.0K |
| Derivative liability | $524.0K | — | — | — |
| Convertible debentures | $586.2M | $455.8M | $158.5M | $80.0M |
| Total Current Liabilities | $630.4M | $478.1M | $27.9M | $16.6M |
| Long-term derivative liability | $1.6M | — | — | — |
| Other non-current liabilities | $8.8M | — | — | — |
| Total liabilities | $640.8M | $478.2M | $187.4M | $99.1M |
| Share capital | $2.4B | $1.4B | $1.0B | $712.6M |
| Reserves | $172.8M | $142.6M | $116.9M | $94.7M |
| Accumulated other comprehensive income (deficit) | ($27.4M) | $12.0M | ($2.0M) | $460.0K |
| Accumulated deficit | ($691.2M) | ($381.6M) | ($304.0M) | ($389.9M) |
| Total equity | $1.8B | $1.2B | $820.0M | $455.4M |
| Total liabilities and equity | $2.5B | $1.7B | $1.0B | $554.6M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net loss for the year: | ($309.7M) | ($77.6M) | $70.2M | ($60.3M) |
| Depreciation | $2.2M | $2.3M | $1.8M | $1.8M |
| Share-based payments | $38.2M | $29.5M | $37.1M | $35.1M |
| Mark-to-market (gain) loss on convertible debentures | $78.2M | ($18.4M) | $48.7M | $2.9M |
| Interest expense on convertible debentures | $46.4M | $32.5M | $6.1M | $2.2M |
| Interest on lease liabilities and accretion expense | $285.0K | $110.0K | $153.0K | $207.0K |
| Share of net loss from associate | $279.0K | $13.8M | ($920.0K) | — |
| Loss on dilution of ownership interest in associate | $11.5M | $113.0K | — | — |
| Impairment loss on investment in associate | $81.0M | — | — | — |
| Mark-to-market loss on derivative instruments | $2.1M | — | — | — |
| Deferred income tax (recovery) expense | $14.1M | ($4.6M) | ($1.4M) | ($1.0M) |
| Unrealized foreign exchange loss | $1.7M | $4.0M | $964.0K | ($1.0M) |
| Finance income | ($1.1M) | — | — | — |
| Other expense | $0 | $159.0K | $1.4M | — |
| Operating cash flows before working capital | ($34.7M) | ($18.0M) | ($39.9M) | ($20.0M) |
| Amounts receivable | ($503.0K) | $127.0K | ($132.0K) | ($623.0K) |
| Prepaid expenses and other | ($15.6M) | ($6.0M) | ($13.9M) | ($1.1M) |
| Accounts payable and accrued liabilities | $3.3M | ($188.0K) | $1.3M | $1.6M |
| Cash used in operating activities | ($47.5M) | ($24.1M) | ($52.6M) | ($20.2M) |
| Expenditures on exploration and evaluation assets | ($185.1M) | ($128.3M) | ($109.7M) | ($67.7M) |
| Acquisition of property and equipment | ($505.0K) | ($2.4M) | ($6.1M) | ($354.0K) |
| Acquisition of short-term investments | ($320.0M) | — | — | — |
| Investment in IsoEnergy | ($18.3M) | — | — | — |
| Cash used in investing activities | ($523.8M) | ($130.7M) | ($160.1M) | ($68.1M) |
| Proceeds from at-the-market equity program, net of issuance costs | $0 | $130.2M | $175.9M | — |
| Proceeds from ASX CDI offering, net of issuance costs | $0 | $215.8M | — | — |
| Proceeds from global offering, net of issuance costs | $903.7M | $0 | $148.0M | $5.3M |
| Proceeds from exercise of stock options | $34.7M | $20.2M | $27.6M | $10.7M |
| Restricted cash | ($8.2M) | — | — | — |
| Payment of lease liabilities | ($1.0M) | ($1.0M) | ($928.0K) | ($913.0K) |
| Interest paid on convertible debentures | ($29.7M) | ($20.5M) | ($3.2M) | ($1.5M) |
| Cash provided by financing activities | $899.4M | $344.6M | $368.9M | $19.9M |
| Effect of exchange rates on cash and cash equivalents | ($2.1M) | ($4.0M) | $158.0K | $1.0M |
| Increase in cash | $326.0M | $185.8M | $156.3M | ($67.4M) |
| Cash, beginning of year | $476.6M | $290.7M | $134.4M | $201.8M |
| Cash, end of year | $802.6M | $476.6M | $290.7M | $134.4M |
NexGen Energy Ltd score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.