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NioCorp Developments (NB) Financials

NioCorp Developments logo
$3.54 0.00 (0.00%)
Closing price 09/25/2026 04:00 PM Eastern
Extended Trading
$3.56 +0.02 (+0.71%)
As of 09/25/2026 07:51 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for NioCorp Developments

Annual Income Statements for NioCorp Developments

This table shows NioCorp Developments' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -11 -15 -8.50 -7.34 -4.00 -8.84 -22 -0.23 -11 -17 -49
Consolidated Net Income / (Loss)		 -11 -15 -8.50 -7.34 -4.00 -9.65 -22 -0.23 -11 -18 -51
Net Income / (Loss) Continuing Operations		 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 0.00 -12 -18 -51
Total Pre-Tax Income 		-11 -15 -8.50 -7.34 -4.00 -4.82 -11 -41 -12 -18 -51
Total Operating Income		 -9.52 -14 -6.04 -6.44 -3.43 -4.09 -7.80 -37 -14 -12 -38
Total Gross Profit		 -1.78 -2.14 -2.13 -1.56 -1.38 -1.66 -2.15 -2.32 -3.51 0.00 0.00
Total Revenue		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Cost of Revenue		 1.78 2.14 2.13 1.56 1.38 1.66 2.15 2.32 3.51 0.00 0.00
Total Operating Expenses		 7.74 12 3.90 4.88 2.06 2.44 5.65 35 10 12 38
Selling, General & Admin Expense		 3.02 2.71 1.77 1.74 0.86 1.38 2.34 30 7.70 7.82 22
Exploration Expense		 4.72 8.93 2.14 3.14 1.20 1.06 3.31 5.35 2.55 4.14 16
Total Other Income / (Expense), net		 -1.89 -0.85 -2.46 -0.90 -0.57 -0.73 -3.09 -3.20 1.72 -6.02 -12
Interest Expense		 0.28 0.29 0.38 0.27 0.35 1.71 2.83 4.26 4.49 0.05 0.00
Interest & Investment Income		 -0.01 -0.01 -0.01 -0.01 0.00 0.01 -0.01 - -0.01 0.09 9.15
Other Income / (Expense), net		 -1.60 -0.56 -2.08 -0.63 -0.22 0.97 -0.26 1.06 6.22 -6.07 -22
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.30 -0.14 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - 0.00 0.00 0.23 -0.46 -0.58 -2.23
Basic Earnings per Share		 $0.07 $0.08 $0.04 $0.03 $0.02 $0.20 $0.41 ($1.34) - ($0.36) ($0.41)
Weighted Average Basic Shares Outstanding		 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 45.07M 117.21M
Diluted Earnings per Share		 $0.07 $0.08 $0.04 $0.03 $0.02 $0.20 $0.41 ($1.34) - ($0.36) ($0.41)
Weighted Average Diluted Shares Outstanding		 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 45.07M 117.21M
Weighted Average Basic & Diluted Shares Outstanding		 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 77.76M 145.85M

Quarterly Income Statements for NioCorp Developments

This table shows NioCorp Developments' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -2.54 -4.85 18 -2.07 -0.45 -5.30 -10 -44 -0.62 0.67 -5.09
Consolidated Net Income / (Loss)		 -2.45 -4.85 17 -2.10 -0.52 -5.38 -10 -44 -1.21 0.33 -6.39
Net Income / (Loss) Continuing Operations		 -2.45 -4.85 11 -2.10 -0.52 -5.38 -11 -44 -1.21 0.33 -6.39
Total Pre-Tax Income 		-2.45 -4.85 -0.94 -2.10 -0.52 -5.38 -11 -44 -1.21 0.33 -6.39
Total Operating Income		 -2.92 -5.11 -2.29 -1.40 -2.90 -2.60 -5.06 -12 -9.50 -7.33 -9.46
Total Gross Profit		 -0.33 -2.53 -0.33 -0.33 -0.90 -0.38 -0.33 -2.22 -1.29 -1.48 4.98
Total Cost of Revenue		 0.33 2.53 0.33 0.33 0.90 0.38 0.33 2.22 1.29 1.48 -4.98
Total Operating Expenses		 2.59 2.58 1.96 1.07 2.00 2.22 4.73 9.80 8.21 5.86 14
Selling, General & Admin Expense		 1.76 2.09 1.82 0.93 1.74 1.73 1.49 2.72 3.58 4.16 12
Exploration Expense		 0.83 0.49 0.14 0.14 0.26 0.50 3.24 7.08 4.63 1.69 2.67
Total Other Income / (Expense), net		 0.47 0.27 1.36 -0.71 2.38 -2.78 -5.86 -31 8.30 7.66 3.07
Interest & Investment Income		 0.00 0.00 - 0.00 0.00 0.00 0.09 0.56 2.38 2.82 3.38
Other Income / (Expense), net		 -0.71 -0.75 1.58 -0.66 2.39 -2.78 -5.86 -32 5.91 4.83 -0.31
Basic Earnings per Share		 ($0.09) ($0.11) $0.46 ($0.05) ($0.01) ($0.11) - ($0.53) $0.00 $0.01 $0.11
Weighted Average Basic Shares Outstanding		 33.26M 35.16M 38.66M 38.36M 41.17M 45.89M 77.76M 119.36M 116.82M 132.10M 117.21M
Diluted Earnings per Share		 ($0.09) ($0.11) $0.46 ($0.05) ($0.01) ($0.11) - ($0.53) $0.00 $0.01 $0.11
Weighted Average Diluted Shares Outstanding		 33.26M 35.16M 38.66M 38.36M 41.17M 45.89M 77.76M 119.36M 116.82M 136.15M 117.21M
Weighted Average Basic & Diluted Shares Outstanding		 33.26M 35.16M 34.32M 38.36M 41.17M 45.89M 77.76M 76.06M 125.32M 145.59M 145.85M

Annual Cash Flow Statements for NioCorp Developments

This table details how cash moves in and out of NioCorp Developments' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Change in Cash & Equivalents		 3.66 -3.91 -0.43 0.28 -0.05 7.01 -2.04 -2.94 -0.33 24 392
Net Cash From Operating Activities		 -11 -11 -6.10 -4.36 -3.05 -4.73 -6.15 -17 -12 -11 -16
Net Cash From Continuing Operating Activities		 -11 -11 -6.10 -4.36 -6.72 -4.73 -6.15 -17 -11 -11 -16
Net Income / (Loss) Continuing Operations		 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 -40 -12 -18 -51
Consolidated Net Income / (Loss)		 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 -40 -12 -18 -51
Depreciation Expense		 0.01 0.01 0.01 - 0.00 0.00 0.00 0.00 0.00 0.00 0.36
Non-Cash Adjustments To Reconcile Net Income		 0.85 1.63 1.64 1.15 -3.37 1.22 4.69 21 1.32 7.63 27
Changes in Operating Assets and Liabilities, net		 -0.42 2.32 0.75 1.83 0.66 -1.13 0.04 1.88 -1.15 -0.32 7.81
Net Cash From Investing Activities		 -0.00 0.01 0.02 0.00 0.00 -6.31 -0.02 0.02 0.00 -0.01 -30
Net Cash From Continuing Investing Activities		 -0.00 0.01 0.02 0.00 0.00 -6.31 -0.02 0.02 0.00 -0.01 -30
Purchase of Property, Plant & Equipment		 -0.00 - - 0.00 0.00 -6.31 -0.02 - - -0.01 -21
Acquisitions		 - - - - - - - - - 0.00 -8.40
Net Cash From Financing Activities		 14 6.80 5.69 4.66 3.00 18 4.30 15 11 34 437
Net Cash From Continuing Financing Activities		 14 6.80 5.69 4.66 3.00 18 4.30 15 11 34 437
Repayment of Debt		 -1.10 - 0.00 0.00 0.20 7.57 -0.32 -3.65 5.42 -7.73 0.00
Repurchase of Common Equity		 -0.15 -0.05 -0.19 -0.13 0.00 -0.17 -0.12 -0.20 -0.21 -4.23 -30
Issuance of Debt		 5.66 1.18 4.81 1.00 2.34 0.00 0.00 16 0.00 0.50 0.00
Issuance of Common Equity		 9.99 5.67 1.55 3.79 0.47 11 4.74 2.50 6.19 46 467
Effect of Exchange Rate Changes		 - -0.04 -0.04 - -0.01 -0.03 -0.17 -0.30 - 0.00 -0.03
Cash Interest Paid		 0.14 0.14 0.24 0.13 0.06 0.87 0.25 0.26 0.00 0.00 0.00

Quarterly Cash Flow Statements for NioCorp Developments

This table details how cash moves in and out of NioCorp Developments' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -0.46 -0.44 1.82 -1.86 0.33 0.82 24 137 144 115 -4.16
Net Cash From Operating Activities		 -1.89 -0.99 -6.12 -0.64 -1.34 -3.90 -4.79 -6.67 -0.84 -4.38 -4.01
Net Cash From Continuing Operating Activities		 -1.89 -0.99 -6.12 -0.64 -1.34 -3.90 -4.47 -6.67 -0.84 -4.38 -3.97
Net Income / (Loss) Continuing Operations		 -3.39 -4.23 -0.90 -2.10 -0.52 -5.38 -9.99 -44 -1.21 0.33 -6.39
Consolidated Net Income / (Loss)		 -3.39 -4.23 -0.90 -2.10 -0.52 -5.38 -9.99 -44 -1.21 0.33 -6.39
Depreciation Expense		 - 0.00 - 0.00 - 0.00 - 0.00 0.05 0.15 0.16
Non-Cash Adjustments To Reconcile Net Income		 0.58 2.52 -1.88 0.74 -1.42 2.21 6.15 17 13 -3.52 0.84
Changes in Operating Assets and Liabilities, net		 0.92 0.72 -3.33 0.72 0.60 -0.73 -0.95 20 -12 -1.34 1.43
Net Cash From Investing Activities		 - - - 0.00 -0.01 - -0.00 -14 -8.95 -4.63 -2.00
Net Cash From Continuing Investing Activities		 - - - 0.00 -0.01 - -0.00 -14 -8.95 -4.63 -2.00
Purchase of Property, Plant & Equipment		 - - - 0.00 - - - -9.11 -0.53 -9.57 -2.05
Net Cash From Financing Activities		 1.42 0.55 7.93 -1.22 1.67 4.71 29 158 153 124 1.88
Net Cash From Continuing Financing Activities		 1.42 0.55 7.93 -1.22 1.67 4.71 29 158 153 124 1.88
Repayment of Debt		 - - -1.51 -1.94 -4.14 -1.65 - 0.00 - -0.69 0.69
Issuance of Common Equity		 1.52 0.61 2.52 0.69 7.14 6.69 31 170 165 131 1.19

Annual Balance Sheets for NioCorp Developments

This table presents NioCorp Developments' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Total Assets		 15 11 11 11 11 24 23 21 20 44 467
Total Current Assets		 4.52 0.66 0.57 0.43 0.34 7.34 5.68 3.73 2.93 27 419
Cash & Equivalents		 4.41 0.24 0.07 0.36 0.31 7.32 5.28 2.34 2.01 26 415
Restricted Cash		 0.00 0.27 - - - - - - - 0.00 2.10
Prepaid Expenses		 0.11 0.15 0.02 0.07 0.03 0.02 0.40 1.39 0.92 1.18 1.74
Plant, Property, & Equipment, net		 0.01 0.01 0.00 0.00 11 0.84 0.85 0.84 0.84 0.84 12
Total Noncurrent Assets		 11 11 11 11 0.04 16 16 16 16 16 36
Goodwill		 - - - - - - - - - 0.00 2.22
Intangible Assets		 - - - - - - - - - 0.00 5.67
Other Noncurrent Operating Assets		 11 11 11 11 0.04 16 16 16 16 16 29
Total Liabilities & Shareholders' Equity		 15 11 11 11 11 24 23 21 20 44 467
Total Liabilities		 9.05 8.46 8.04 6.23 8.36 11 5.09 30 18 15 37
Total Current Liabilities		 2.26 6.48 3.93 5.22 8.01 3.92 5.07 3.56 12 1.89 17
Accounts Payable		 1.26 3.15 1.69 2.94 3.07 0.41 0.82 3.49 1.84 1.80 5.64
Current Deferred Revenue		 - - - - - - - - - 0.00 6.18
Other Current Liabilities		 1.00 1.18 1.49 1.48 3.85 2.39 2.08 0.07 2.46 0.10 4.70
Total Noncurrent Liabilities		 6.80 1.98 4.11 1.01 0.34 7.34 0.02 26 5.57 13 21
Other Noncurrent Operating Liabilities		 0.33 0.08 - - 0.00 0.11 0.02 16 5.57 13 21
Commitments & Contingencies		 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 - - - - - - 0.00 2.10 1.53 0.84 -1.45
Total Equity & Noncontrolling Interests		 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28 431
Total Preferred & Common Equity		 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28 431
Total Common Equity		 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28 431
Common Stock		 67 78 87 96 98 114 129 140 164 209 660
Retained Earnings		 -60 -75 -83 -91 -95 -100 -110 -150 -162 -179 -228
Accumulated Other Comprehensive Income / (Loss)		 -0.62 -0.61 -0.52 -0.53 -0.36 -1.16 -0.99 -0.91 -0.91 -0.91 -0.94

Quarterly Balance Sheets for NioCorp Developments

This table presents NioCorp Developments' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 12/31/2025 3/31/2026
Total Assets		 19 18 18 18 18 18 195 348 469
Total Current Assets		 2.07 1.07 0.46 1.20 0.74 1.37 164 308 424
Cash & Equivalents		 1.10 0.63 0.19 0.15 0.48 1.29 163 306 419
Restricted Cash		 - - - - - - - - 2.07
Prepaid Expenses		 0.97 0.43 0.26 0.59 0.26 - 0.78 1.29 0.00
Other Current Assets		 - - - 0.46 - 0.08 - - 2.24
Plant, Property, & Equipment, net		 0.84 0.84 0.84 0.84 0.84 0.84 5.75 5.94 7.72
Total Noncurrent Assets		 16 16 16 16 16 16 25 34 38
Goodwill		 - - - - - - - 2.22 2.22
Intangible Assets		 - - - - - - - 5.97 5.82
Other Noncurrent Operating Assets		 16 16 16 16 16 16 25 26 29
Other Noncurrent Nonoperating Assets		 - - - - - - - - 0.69
Total Liabilities & Shareholders' Equity		 19 18 18 18 18 18 195 348 469
Total Liabilities		 24 22 18 14 9.65 9.70 43 40 35
Total Current Liabilities		 13 12 9.13 8.12 3.83 1.12 3.98 9.78 14
Accounts Payable		 3.62 4.00 5.13 2.74 2.55 1.02 3.88 2.85 3.05
Current Deferred Revenue		 - - - - - - - 6.77 6.17
Other Current Liabilities		 2.04 2.19 2.29 0.10 0.10 0.10 0.10 0.16 4.41
Total Noncurrent Liabilities		 12 11 9.00 6.32 5.82 8.58 39 30 21
Other Noncurrent Operating Liabilities		 12 11 9.00 6.32 5.82 8.58 39 30 21
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Redeemable Noncontrolling Interest		 1.93 1.83 1.57 1.50 1.32 1.24 -0.07 -0.65 -0.99
Total Equity & Noncontrolling Interests		 -6.90 -6.08 -2.09 2.38 6.89 7.53 152 309 435
Total Preferred & Common Equity		 -6.90 -6.08 -2.09 2.38 6.89 7.53 152 309 435
Total Common Equity		 -6.90 -6.08 -2.09 2.38 6.89 7.53 152 309 435
Common Stock		 148 152 160 167 172 178 374 532 658
Retained Earnings		 -154 -157 -161 -164 -164 -170 -222 -223 -222
Accumulated Other Comprehensive Income / (Loss)		 -0.91 -0.91 -0.91 -0.91 -0.91 -0.91 -0.91 -0.91 -0.91

Annual Metrics And Ratios for NioCorp Developments

This table displays calculated financial ratios and metrics derived from NioCorp Developments' official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
DEI Shares Outstanding		 0.00 196,330,021.00 210,922,398.00 230,554,228.00 234,940,635.00 251,667,966.00 269,041,264.00 30,396,120.00 - 55,709,163.00 145,587,048.00
DEI Adjusted Shares Outstanding		 0.00 19,633,002.00 21,092,240.00 23,055,423.00 23,494,063.00 25,166,797.00 26,904,126.00 30,396,120.00 - 55,709,163.00 145,587,048.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 -0.75 -0.40 -0.32 -0.17 -0.35 -0.82 -0.01 - -0.31 -0.33
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 57.05% -28.91% 43.42% 12.86% 48.34% 14.31% -157.47% -351.51% 79.24% -139.05% -230.47%
EBIT Growth		 57.03% -28.89% 43.42% 12.92% 48.34% 14.31% -157.56% -351.38% 79.24% -139.02% -232.41%
NOPAT Growth		 62.65% -44.75% 56.20% -6.64% 46.68% -19.23% -90.52% -379.87% 63.21% 13.08% -220.36%
Net Income Growth		 50.65% -28.24% 41.92% 13.66% 45.46% -141.14% -125.68% 98.95% -103.07% -52.21% -182.40%
EPS Growth		 -58.82% 14.29% -50.00% -25.00% -33.33% -141.14% -125.68% -426.83% 76.87% 0.00% -13.89%
Operating Cash Flow Growth		 36.63% 2.76% 42.88% 28.55% 29.99% -55.00% -30.13% -181.22% 32.17% 9.14% -49.11%
Free Cash Flow Firm Growth		 0.00% 47.24% 26.46% 50.85% 104.67% -10,156.11% 56.77% -90.62% -68.07% 79.44% -844.77%
Invested Capital Growth		 0.00% -21.84% 24.10% -20.93% -40.23% 277.94% 2.16% -104.51% 1,346.65% -55.93% 251.76%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.15% 20.80% -5,971.01% 0.78%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.15% 20.81% -6,029.93% 0.51%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5.08% 10.67% -30.16% -12.96%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 99.61% 99.17% -632.26% 5.61%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 31.28% 80.25% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -31.01% -2.50% 11.10% 4.64%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -8.97% 70.59% -25.01%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 87.31% 721.91% -51.77% 1.93%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 200.00% 200.00% 0.56% 3.85% 96.79% 100.00%
Interest Burden Percent		 102.57% 102.06% 104.76% 103.87% 109.65% 154.27% 135.18% 111.71% 159.49% 99.75% 84.74%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -184.18% -322.07% -279.32% -182.37% -106.79% -121.71% -141.03% -5.18% 14.62% -109.83% -22.13%
Cash Return on Invested Capital (CROIC)		 -362.19% -107.25% -80.22% -39.76% 2.63% -148.13% -40.06% 0.00% -225.82% -64.45% -440.59%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 -184.18% -322.07% -279.32% -182.37% -106.79% -121.71% -141.03% -3.95% 23.01% -101.61% -22.16%
Return on Equity Simple (ROE_SIMPLE)		 -184.18% -506.05% -266.11% -151.20% -151.50% -73.02% -123.26% 2.08% -46.30% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -6.66 -9.64 -4.22 -4.51 -2.40 -2.86 -5.46 -26 -9.63 -8.37 -27
NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 469.38% 179.58% 102.85% 90.92% 124.11% 631.03% -1,556.20% -1,020.03% -132.38% -90.74% -10.83%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - -29.55% -6.22%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -11 -14 -8.11 -7.06 -3.65 -3.13 -8.05 -36 -7.55 -18 -60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -11 -14 -8.11 -7.06 -3.65 -3.13 -8.05 -36 -7.55 -18 -60
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 488.67 23.24 3.16
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 488.67 23.24 3.22
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 60.63 175.76 74.32
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.04 1.40 1.52 0.37 0.55 0.63 0.12 -1.19 3.02 0.00 0.00
Long-Term Debt to Equity		 1.04 0.66 1.29 0.21 0.13 0.55 0.00 -1.19 0.00 0.00 0.00
Financial Leverage		 0.33 0.61 1.37 0.77 0.34 0.14 -0.07 0.58 -2.19 -0.63 -0.96
Leverage Ratio		 2.46 2.93 3.71 2.77 2.95 2.24 1.53 4.97 -6.47 2.02 1.11
Compound Leverage Factor		 2.52 2.99 3.89 2.88 3.23 3.45 2.07 5.55 -10.33 2.01 0.94
Debt to Total Capital		 51.07% 58.39% 60.36% 27.19% 35.29% 38.74% 10.94% 623.44% 75.14% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 31.10% 9.39% 12.00% 26.86% 5.21% 10.94% 0.00% 75.14% 0.00% 0.00%
Long-Term Debt to Total Capital		 51.07% 27.29% 50.97% 15.19% 8.43% 33.54% 0.00% 623.44% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 123.97% 15.05% 2.87% -0.34%
Common Equity to Total Capital		 48.93% 41.61% 39.64% 72.81% 64.71% 61.26% 89.06% -647.40% 9.81% 97.13% 100.34%
Debt to EBITDA		 -0.58 -0.28 -0.60 -0.26 -0.39 -2.67 -0.27 -0.29 -1.02 0.00 0.00
Net Debt to EBITDA		 -0.18 -0.25 -0.59 -0.21 -0.31 -0.33 0.39 -0.23 -0.75 0.00 0.00
Long-Term Debt to EBITDA		 -0.58 -0.13 -0.51 -0.14 -0.09 -2.31 0.00 -0.29 0.00 0.00 0.00
Debt to NOPAT		 -0.97 -0.42 -1.15 -0.40 -0.60 -2.92 -0.40 -0.40 -0.80 0.00 0.00
Net Debt to NOPAT		 -0.30 -0.37 -1.13 -0.32 -0.47 -0.36 0.57 -0.31 -0.59 0.00 0.00
Long-Term Debt to NOPAT		 -0.97 -0.20 -0.97 -0.22 -0.14 -2.53 0.00 -0.40 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.82 3.64 20.53 21.94
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 23.87% -57.38% 7.48% -0.13%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.00 0.10 0.14 0.08 0.04 1.87 1.12 1.05 0.24 14.12 25.36
Quick Ratio		 1.96 0.04 0.02 0.07 0.04 1.87 1.04 0.66 0.17 13.50 25.13
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -15 -7.85 -5.77 -2.84 0.13 -13 -5.76 -11 -18 -3.80 -36
Operating Cash Flow to CapEx		 -274,350.00% 0.00% 0.00% 0.00% 0.00% -74.96% -38,437.50% 0.00% 0.00% 0.00% -74.79%
Free Cash Flow to Firm to Interest Expense		 -54.10 -27.45 -15.39 -10.67 0.37 -7.82 -2.04 -2.58 -4.11 -79.10 0.00
Operating Cash Flow to Interest Expense		 -39.91 -37.31 -16.25 -16.37 -8.61 -2.77 -2.18 -4.06 -2.61 -222.08 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -39.92 -37.31 -16.25 -16.37 -8.61 -6.47 -2.18 -4.06 -2.61 -222.08 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 1.42 0.97 0.88 0.67 0.46 0.95 3.51 1.08 1.32 1.07 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 257.55 375.93 413.43 542.34 796.58 382.97 103.98 338.45 277.42 341.53 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 8.22 6.42 7.97 6.30 3.77 14 15 -0.66 8.18 3.60 13
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 8.22 -1.79 1.55 -1.67 -2.54 10 0.31 -15 8.83 -4.57 9.08
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,431 496 633 943
Market Capitalization		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,421 489 658 1,361
Book Value per Share		 $0.04 $0.02 $0.02 $0.02 $0.01 $0.06 $0.07 ($0.39) $0.03 $0.51 $2.96
Tangible Book Value per Share		 $0.04 $0.02 $0.02 $0.02 $0.01 $0.06 $0.07 ($0.39) $0.03 $0.51 $2.91
Total Capital		 13 6.95 8.06 6.66 4.08 22 20 1.69 10 29 430
Total Debt		 6.47 4.06 4.86 1.81 1.44 8.36 2.17 11 7.66 0.00 0.00
Total Long-Term Debt		 6.47 1.90 4.11 1.01 0.34 7.23 0.00 11 0.00 0.00 0.00
Net Debt		 2.02 3.53 4.78 1.45 1.13 1.02 -3.12 8.21 5.64 -26 -417
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 6.31 0.02 -0.02 0.00 0.00 21
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -2.15 -4.17 -2.68 -4.35 -6.89 -2.77 -2.50 -2.18 -3.39 -0.71 -15
Debt-free Net Working Capital (DFNWC)		 2.26 -3.67 -2.61 -3.99 -6.58 4.55 2.78 0.16 -1.38 25 402
Net Working Capital (NWC)		 2.26 -5.83 -3.37 -4.79 -7.67 3.42 0.61 0.16 -9.04 25 402
Net Nonoperating Expense (NNE)		 4.75 4.99 4.27 2.83 1.60 6.78 16 -26 -9.17 9.03 24
Net Nonoperating Obligations (NNO)		 2.02 3.53 4.78 1.45 1.13 1.02 -3.12 8.21 5.64 -26 -417
Total Depreciation and Amortization (D&A)		 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.36
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00 ($0.41)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 20.28M 21.50M 23.43M 23.80M 25.87M 27.81M 28.71B 38.66M 77.76M 117.21M
Adjusted Diluted Earnings per Share		 $0.00 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00 ($0.41)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 20.28M 21.50M 23.43M 23.80M 25.87M 27.81M 28.71B 38.66M 77.76M 117.21M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 18.78M 20.73M 22.32M 23.46M 24.20M 26.37M 28.71B 34.32M 77.76M 145.85M
Normalized Net Operating Profit after Tax (NOPAT)		 -6.66 -9.64 -4.22 -4.51 -2.40 -2.86 -5.46 -26 -9.63 -8.37 -27
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -40.44 -50.12 -21.63 -26.55 -10.31 -1.83 -2.85 -8.54 -1.68 -375.56 0.00
NOPAT to Interest Expense		 -24.23 -33.72 -11.27 -16.94 -6.79 -1.68 -1.93 -6.15 -2.15 -174.39 0.00
EBIT Less CapEx to Interest Expense		 -40.46 -50.12 -21.63 -26.55 -10.31 -5.53 -2.85 -8.53 -1.68 -375.56 0.00
NOPAT Less CapEx to Interest Expense		 -24.24 -33.72 -11.27 -16.94 -6.79 -5.37 -1.94 -6.15 -2.15 -174.39 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -1.32% -0.36% -2.22% -1.83% 0.00% -1.80% -0.54% -89.47% -44.28% -24.33% -59.21%

Quarterly Metrics And Ratios for NioCorp Developments

This table displays calculated financial ratios and metrics derived from NioCorp Developments' official financial filings.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 33,142,280.00 34,915,511.00 - - - 46,818,119.00 55,709,163.00 77,757,089.00 - 125,321,172.00 145,587,048.00
DEI Adjusted Shares Outstanding		 33,142,280.00 34,915,511.00 - - - 46,818,119.00 55,709,163.00 77,757,089.00 - 125,321,172.00 145,587,048.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.08 -0.14 - - - -0.02 -0.18 -0.56 - 0.01 -0.04
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 -46.13% 79.92% 73.53% 86.64% -45.92% 81.47% -247.22% -2,042.25% -589.49% 56.37% 4.63%
EBIT Growth		 -46.13% 79.91% 73.54% 86.63% -45.92% 81.44% -247.22% -2,041.25% -598.25% 53.53% 3.06%
NOPAT Growth		 -32.53% 82.50% 41.77% 59.48% 0.55% 49.14% -121.38% -761.51% -227.54% -302.90% -86.83%
Net Income Growth		 49.63% 83.49% -59.57% 80.34% -115.94% 77.59% -1,506.68% -1,969.79% -132.63% 106.05% 35.98%
EPS Growth		 0.00% 0.00% -68.28% 44.44% 88.89% 0.00% 0.00% -960.00% 100.00% 109.09% 157.89%
Operating Cash Flow Growth		 20.87% 86.50% -4.91% 76.54% 29.13% -293.04% 21.76% -938.79% 37.37% -12.45% 16.21%
Free Cash Flow Firm Growth		 171.88% 36.20% -183.88% -477.70% -196.25% 14.82% 109.87% 230.01% 105.50% -48.33% -1,629.10%
Invested Capital Growth		 -95.42% 119.25% 1,346.65% 996.11% 1,352.20% 650.95% -55.93% -225.47% -81.09% 66.60% 251.76%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 33.78% -61.70% 77.74% -2.38% -623.39% 79.46% -905.43% -303.57% 91.96% 33.86% -310.15%
EBIT Q/Q Growth		 33.80% -61.73% 77.75% -2.52% -622.40% 79.43% -903.58% -303.58% 91.86% 30.40% -291.23%
NOPAT Q/Q Growth		 15.28% -75.18% 55.15% 39.14% -107.96% 10.41% -94.81% -137.37% 20.94% -10.20% 9.67%
Net Income Q/Q Growth		 30.07% -98.00% 515.95% -104.08% -668.02% 79.45% -852.76% -320.48% 97.23% 126.97% -2,067.38%
EPS Q/Q Growth		 0.00% -22.22% 0.00% -110.87% 80.00% -1,000.00% 0.00% 0.00% 100.00% 0.00% 1,000.00%
Operating Cash Flow Q/Q Growth		 31.02% 47.51% -517.15% 89.50% -108.41% -191.11% -22.85% -39.37% 87.43% -422.67% 8.42%
Free Cash Flow Firm Q/Q Growth		 775.15% -190.84% -7.17% 12.11% -12.48% 19.61% 112.41% 1,058.11% -95.24% -2,268.08% -27.60%
Invested Capital Q/Q Growth		 -25.52% 62.32% 721.91% 10.31% -1.32% -16.06% -51.77% -414.07% 114.87% 639.63% 1.93%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent		 100.00% 100.00% -1,800.53% 100.00% 100.00% 100.00% 94.72% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 67.52% 82.67% 131.23% 93.99% 99.92% 99.82% 100.05% 98.73% 33.57% -13.01% 65.43%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 142.80% -572.84% 14.62% -429.25% -24.73% 79.30% -109.83% -75.72% -37.63% -24.28% -22.13%
Cash Return on Invested Capital (CROIC)		 -212.69% -1,703.24% -225.82% -333.15% -346.35% -304.90% -64.45% 0.00% -249.57% -288.30% -440.59%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 113.82% -774.64% 23.01% -1,774.68% -5.06% 52.28% -101.61% -75.02% -37.55% -24.27% -22.16%
Return on Equity Simple (ROE_SIMPLE)		 -105.85% -1,477.36% 0.00% 98.61% -7.10% 43.42% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -2.04 -3.58 -1.60 -0.98 -2.03 -1.82 -3.54 -8.41 -6.65 -7.33 -6.62
NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 16.29% 38.26% -266.70% -5.28% 117.03% -666.64% -68.33% -44.53% 3.56% 3.62% 0.10%
Return On Investment Capital (ROIC_SIMPLE)		 354.50% 924.29% - - -25.17% -24.16% -12.51% -5.55% -2.15% -1.68% -1.54%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -3.62 -5.86 -0.71 -0.73 -5.29 -1.09 -11 -44 -3.59 -2.50 -9.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -3.62 -5.86 -0.71 -0.73 -5.29 -1.09 -11 -44 -3.54 -2.34 -9.61
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 488.67 258.62 63.54 73.89 23.24 12.45 4.85 2.89 3.16
Price to Tangible Book Value (P/TBV)		 0.00 0.00 488.67 258.62 63.54 73.89 23.24 12.45 4.98 2.95 3.22
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 146.21 25.13 0.00 247.20 0.00 161.71 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.68% 3.98% 0.00% 0.40% 0.00% 0.62% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1,480.85 775.26 60.63 69.00 49.41 74.46 175.76 0.00 707.10 67.28 74.32
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 1,812.38 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 1,830.26 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 380.31 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -1.29 -3.27 3.02 1.36 0.14 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.55 -0.61 -2.19 -10.00 1.41 0.03 -0.63 -1.01 -0.97 -0.96 -0.96
Leverage Ratio		 4.43 -3.90 -6.47 -34.35 9.13 4.38 2.02 1.37 1.16 1.10 1.11
Compound Leverage Factor		 2.99 -3.22 -8.50 -32.28 9.12 4.37 2.02 1.35 0.39 -0.14 0.73
Debt to Total Capital		 439.08% 144.05% 75.14% 57.67% 12.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 439.08% 144.05% 75.14% 57.67% 12.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 145.93% 132.66% 15.05% 16.38% 14.03% 14.12% 2.87% -0.04% -0.21% -0.23% -0.34%
Common Equity to Total Capital		 -485.01% -176.71% 9.81% 25.95% 73.44% 85.88% 97.13% 100.04% 100.21% 100.23% 100.34%
Debt to EBITDA		 -0.13 -0.10 -1.02 -1.89 -0.26 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 -0.12 -0.09 -0.75 -1.83 -0.16 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.20 -0.16 -0.80 -0.65 -0.14 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.18 -0.14 -0.59 -0.63 -0.08 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 10.63 10.93 4.77 12.47 13.15 21.37 21.07 24.82 22.57 22.23 22.30
Noncontrolling Interest Sharing Ratio		 20.30% -35.23% -57.38% -313.44% 79.54% 34.07% 7.48% 0.92% 0.21% 0.06% -0.13%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.09 0.05 0.24 0.15 0.19 1.22 14.12 41.13 31.45 31.08 25.36
Quick Ratio		 0.05 0.02 0.17 0.02 0.12 1.15 13.50 40.94 31.32 30.76 25.13
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 11 -9.74 -10 -9.17 -10 -8.30 1.03 12 0.57 -12 -16
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -73.21% -157.82% -45.79% -195.66%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 -46.81 0.00 0.00 0.00 10.73 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 -27.43 0.00 0.00 0.00 -49.84 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 -27.43 0.00 0.00 0.00 -49.84 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.56 0.83 1.32 1.11 1.25 0.63 1.07 1.16 1.56 2.61 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 650.93 438.52 277.42 329.56 292.19 579.24 341.53 315.16 233.74 139.72 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.61 1.00 8.18 9.02 8.90 7.47 3.60 -11 1.68 12 13
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 -13 6.16 8.83 8.20 8.29 6.48 -4.57 -20 -7.22 4.98 9.08
Enterprise Value (EV)		 908 771 496 622 440 556 633 1,724 1,190 838 943
Market Capitalization		 901 768 489 616 438 556 658 1,887 1,497 1,260 1,361
Book Value per Share		 ($0.18) ($0.06) $0.03 $0.06 $0.16 $0.16 $0.51 $1.95 $2.59 $3.47 $2.96
Tangible Book Value per Share		 ($0.18) ($0.06) $0.03 $0.06 $0.16 $0.16 $0.51 $1.95 $2.52 $3.41 $2.91
Total Capital		 1.25 1.19 10 9.18 9.38 8.77 29 151 308 434 430
Total Debt		 5.51 1.71 7.66 5.29 1.18 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 4.87 1.51 5.64 5.14 0.70 -1.30 -26 -163 -306 -421 -417
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.11 0.53 9.57 2.05
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -5.76 -7.17 -3.39 -1.79 -2.39 -1.04 -0.71 -3.19 -8.50 -11 -15
Debt-free Net Working Capital (DFNWC)		 -5.12 -6.97 -1.38 -1.64 -1.91 0.25 25 160 298 410 402
Net Working Capital (NWC)		 -11 -8.68 -9.04 -6.93 -3.09 0.25 25 160 298 410 402
Net Nonoperating Expense (NNE)		 0.41 1.27 -18 -0.29 3.25 -0.73 6.80 35 -5.45 -7.66 -0.23
Net Nonoperating Obligations (NNO)		 4.87 1.52 5.64 5.14 0.70 -1.30 -26 -163 -306 -422 -417
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.15 0.16
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.01 $0.11
Adjusted Weighted Average Basic Shares Outstanding		 34.92M 36.48M 38.66M 42.51M 46.82M 55.71M 77.76M 119.36M 116.82M 132.10M 117.21M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.01 $0.11
Adjusted Weighted Average Diluted Shares Outstanding		 34.92M 36.48M 38.66M 42.51M 46.82M 55.71M 77.76M 119.36M 116.82M 136.15M 117.21M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 33.26M 35.16M 34.32M 38.36M 41.17M 45.89M 77.76M 76.06M 125.32M 145.59M 145.85M
Normalized Net Operating Profit after Tax (NOPAT)		 -2.04 -3.58 -1.60 -0.98 -2.03 -1.82 -3.54 -8.41 -6.65 -5.13 -6.62
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 -3.20 0.00 0.00 0.00 -113.74 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 -7.19 0.00 0.00 0.00 -36.92 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 -3.20 0.00 0.00 0.00 -113.74 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 -7.19 0.00 0.00 0.00 -36.92 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -44.28% 7.20% 0.00% 0.00% -24.33% -28.11% -44.34% -59.80% -59.21%

Financials Breakdown Chart

Key Financial Trends

NioCorp Developments’ financial statements show a pre-revenue development-stage company with improving liquidity but continued operating losses and significant reliance on equity financing. The data identifies the company as “NB,” while the requested security is NIOBW; investors should verify the applicable ticker and security type before relying on this analysis.

NioCorp has reported zero revenue in the available recent income statements. As a result, gross profit has generally been negative because the company continues to incur operating and exploration costs before commercial production begins. The Q4 2026 data shows a positive gross-profit line of $5.0 million despite $5.0 million of cost of revenue, which may reflect a classification or sign convention issue rather than recurring operating profitability.

Operating performance remains weak. The company reported a Q4 2026 operating loss of $9.5 million, compared with a $7.3 million loss in Q3 and a $9.5 million loss in Q2. Selling, general and administrative expense increased sharply to $11.8 million in Q4 from $4.2 million in Q3, while exploration expense was $2.7 million. Net income also swung to a consolidated loss of $6.4 million after a $325,000 profit in Q3, although Q3’s profit was supported by $7.7 million of other income rather than revenue from operations.

The balance sheet has strengthened substantially through capital raises. Cash and equivalents rose from just $150,000 in Q1 2025 to $419.2 million at March 31, 2026, excluding $2.1 million of restricted cash. Total assets increased to $469.0 million from $18.3 million at the beginning of the earlier comparison period, while total liabilities were $34.6 million and total equity was $435.4 million. However, this improvement has been funded primarily by issuing common equity rather than by internally generated cash flow.

  • Liquidity improved dramatically: Cash and equivalents reached $419.2 million at March 31, 2026, up from $306.4 million in the prior reported quarter and $150,000 in Q1 2025.
  • Low balance-sheet leverage: Total liabilities of $34.6 million were modest relative to $469.0 million of assets and $435.4 million of reported equity.
  • Recent capital spending moderated: Property, plant and equipment purchases fell to $2.1 million in Q4 2026 from $9.6 million in Q3 and $9.1 million in Q1, reducing near-term investing cash outflows.
  • Operating cash burn improved sequentially: Cash used in operating activities declined to $4.0 million in Q4 2026 from $4.4 million in Q3 and $6.7 million in Q1.
  • Interest and investment income is becoming meaningful: The company recorded $3.4 million in Q4 2026 and $2.8 million in Q3, helping offset operating losses, but this income is dependent on cash balances and is not a substitute for commercial revenue.
  • Exploration and asset investment continue: Exploration expense and property purchases indicate ongoing project development, but the statements do not yet show a transition to production or revenue generation.
  • No operating revenue was reported: Recent income statements show zero revenue, leaving the company dependent on financing and investment income to fund development.
  • Operating losses remain persistent: Q4 2026 included a $9.5 million operating loss, with SG&A alone reaching $11.8 million.
  • Cash flow remains structurally negative: Operating cash flow was negative in every available quarter, including $4.0 million of cash burn in Q4 2026.
  • Heavy equity financing creates dilution risk: NioCorp issued approximately $170.3 million, $164.6 million and $131.2 million of common equity in Q1, Q2 and Q3 2026, respectively. Although issuance slowed to $1.2 million in Q4, future funding needs could pressure existing shareholders.

Overall, the statements suggest that NioCorp currently has a much stronger cash position and less immediate balance-sheet pressure than it had in earlier periods. However, the investment case remains dependent on successfully advancing its development projects toward production. Until revenue begins, continued losses, negative operating cash flow and potential additional equity issuance remain important risks for shareholders.

09/28/26 07:58 AM ETAI Generated. May Contain Errors.

NioCorp Developments Financials - Frequently Asked Questions

According to the most recent income statement we have on file, NioCorp Developments' fiscal year ends in June. Their fiscal year 2026 ended on June 30, 2026.

NioCorp Developments' net income appears to be on a downward trend, with a most recent value of -$50.78 million in 2026, falling from -$11.41 million in 2016. The previous period was -$17.98 million in 2025. Check out NioCorp Developments' forecast to explore projected trends and price targets.

NioCorp Developments' total operating income in 2026 was -$38.31 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $38.31 million

Over the last 10 years, NioCorp Developments' total revenue changed from $0.00 in 2016 to $0.00 in 2026, a change of 0.0%.

In the past 10 quarters, NioCorp Developments' cash and equivalents has ranged from $150 thousand in Q1 2025 to $419.20 million in Q3 2026, and is currently $419.20 million as of their latest financial filing in Q3 2026.

NioCorp Developments had total debt of $0.00 at the end of 2026, compared with none in 2025, and a 100.0% decrease since 2016.

Over the last 10 years, NioCorp Developments' book value per share changed from 0.04 in 2016 to 2.96 in 2026, a change of 7,736.2%.


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Financial statements for NASDAQ:NB last updated on 9/26/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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