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NioCorp Developments (NIOBW) Financials

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$1.35 0.00 (0.00%)
As of 10:59 AM Eastern
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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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 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
Net Income / (Loss) Attributable to Common Shareholders		 -23 -11 -15 -8.50 -7.34 -4.00 -8.84 -22 -0.23 -11 -17
Consolidated Net Income / (Loss)		 -23 -11 -15 -8.50 -7.34 -4.00 -9.65 -22 -0.23 -11 -17
Net Income / (Loss) Continuing Operations		 -23 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 0.00 -12 -18
Total Pre-Tax Income 		-26 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 -41 -12 -18
Total Operating Income		 -25 -9.52 -14 -6.04 -6.44 -3.43 -4.09 -7.80 -37 -14 -12
Total Gross Profit		 -3.41 -1.78 -2.14 -2.13 -1.56 -1.38 -1.66 -2.15 -2.32 -3.51 -1.94
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		 3.41 1.78 2.14 2.13 1.56 1.38 1.66 2.15 2.32 3.51 1.94
Operating Cost of Revenue		 3.41 1.78 2.14 2.13 1.56 1.38 1.66 2.15 2.32 3.51 1.94
Total Operating Expenses		 22 7.74 12 3.90 4.88 2.06 2.44 5.65 35 10 10
Selling, General & Admin Expense		 3.61 3.02 2.71 1.77 1.74 0.86 1.38 2.34 30 7.70 5.88
Exploration Expense		 18 4.72 8.93 2.14 3.14 1.20 1.06 3.31 5.35 2.55 4.14
Total Other Income / (Expense), net		 -0.39 -1.89 -0.85 -2.46 -0.90 -0.57 -0.73 -3.09 -3.20 1.72 -6.02
Interest Expense		 0.00 0.28 0.29 0.38 0.27 0.35 1.71 2.83 4.26 4.49 0.05
Interest & Investment Income		 0.02 -0.01 -0.01 -0.01 -0.01 0.00 0.01 -0.01 - -0.01 0.09
Other Income / (Expense), net		 -0.41 -1.60 -0.56 -2.08 -0.63 -0.22 0.97 -0.26 1.06 6.22 -6.07
Income Tax Expense		 -2.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.30 -0.14 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - - 0.00 0.00 0.23 -0.46 -0.58
Weighted Average Basic Shares Outstanding		 136.05M 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 77.76M
Weighted Average Diluted Shares Outstanding		 136.05M 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 77.76M
Weighted Average Basic & Diluted Shares Outstanding		 136.05M 164.04M 187.81M 207.26M 223.16M 234.61M 24.20B 26.37B 28.71M 34.32M 77.76M

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 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2023 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
Net Income / (Loss) Attributable to Common Shareholders		 -3.67 -2.54 -4.85 18 -2.07 -0.45 -5.30 -10 -44 -0.62 0.67
Consolidated Net Income / (Loss)		 -3.50 -2.45 -4.85 17 -2.10 -0.52 -5.38 -10 -44 -1.21 0.33
Net Income / (Loss) Continuing Operations		 -3.50 -2.45 -4.85 11 -2.10 -0.52 -5.38 -11 -44 -1.21 0.33
Total Pre-Tax Income 		-3.49 -2.45 -4.85 -0.94 -2.10 -0.52 -5.38 -11 -44 -1.21 0.33
Total Operating Income		 -3.44 -2.92 -5.11 -2.29 -1.40 -2.90 -2.60 -5.06 -12 -9.50 -7.33
Total Gross Profit		 -0.32 -0.33 -2.53 -0.33 -0.33 -0.90 -0.38 -0.33 -2.22 -1.29 -1.48
Total Revenue		 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00
Total Cost of Revenue		 0.32 0.33 2.53 0.33 0.33 0.90 0.38 0.33 2.22 1.29 1.48
Operating Cost of Revenue		 0.32 0.33 2.53 0.33 0.33 0.90 0.38 0.33 2.22 1.29 1.48
Total Operating Expenses		 3.12 2.59 2.58 1.96 1.07 2.00 2.22 4.73 9.80 8.21 5.86
Selling, General & Admin Expense		 2.02 1.76 2.09 1.82 0.93 1.74 1.73 1.49 2.72 3.58 4.16
Exploration Expense		 1.10 0.83 0.49 0.14 0.14 0.26 0.50 3.24 7.08 4.63 1.69
Total Other Income / (Expense), net		 0.05 0.47 0.27 1.36 -0.71 2.38 -2.78 -5.86 -31 8.30 7.66
Interest Expense		 -2.08 -1.18 -1.02 0.22 0.04 0.00 0.00 0.10 0.00 0.00 0.00
Interest & Investment Income		 0.00 0.00 0.00 - 0.00 0.00 0.00 0.09 0.56 2.38 2.82
Other Income / (Expense), net		 -2.03 -0.71 -0.75 1.58 -0.66 2.39 -2.78 -5.86 -32 5.91 4.83
Income Tax Expense		 0.10 0.00 0.00 -0.04 0.00 0.00 0.00 - 0.00 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.17 0.10 - 0.09 -0.03 -0.07 -0.08 - - -0.58 -0.34
Basic Earnings per Share		 ($0.09) ($0.09) ($0.11) $0.46 ($0.05) ($0.01) ($0.11) - ($0.53) $0.00 $0.01
Weighted Average Basic Shares Outstanding		 31.97M 33.26M 35.16M 38.66M 38.36M 41.17M 45.89M 77.76M 119.36M 116.82M 132.10M
Diluted Earnings per Share		 ($0.09) ($0.09) ($0.11) $0.46 ($0.05) ($0.01) ($0.11) - ($0.53) $0.00 $0.01
Weighted Average Diluted Shares Outstanding		 31.97M 33.26M 35.16M 38.66M 38.36M 41.17M 45.89M 77.76M 119.36M 116.82M 136.15M
Weighted Average Basic & Diluted Shares Outstanding		 31.97M 33.26M 35.16M 34.32M 38.36M 41.17M 45.89M 77.76M 76.06M 125.32M 145.59M

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 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
Net Change in Cash & Equivalents		 -2.06 3.66 -3.91 -0.43 0.28 -0.05 7.01 -2.04 -2.94 -0.33 24
Net Cash From Operating Activities		 -17 -11 -11 -6.10 -4.36 -3.05 -4.73 -6.15 -17 -12 -11
Net Cash From Continuing Operating Activities		 -17 -11 -11 -6.10 -4.36 -6.72 -4.73 -6.15 -17 -11 -10
Net Income / (Loss) Continuing Operations		 -23 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 -40 -12 -18
Consolidated Net Income / (Loss)		 -23 -11 -15 -8.50 -7.34 -4.00 -4.82 -11 -40 -12 -18
Depreciation Expense		 0.01 0.01 0.01 0.01 - 0.00 0.00 0.00 0.00 0.00 0.00
Non-Cash Adjustments To Reconcile Net Income		 4.93 0.85 1.63 1.64 1.15 -3.37 1.22 4.69 21 1.32 7.63
Changes in Operating Assets and Liabilities, net		 0.86 -0.42 2.32 0.75 1.83 0.66 -1.13 0.04 1.88 -1.15 -0.32
Net Cash From Investing Activities		 -0.04 -0.00 0.01 0.02 0.00 0.00 -6.31 -0.02 0.02 0.00 -0.01
Net Cash From Continuing Investing Activities		 -0.04 -0.00 0.01 0.02 0.00 0.00 -6.31 -0.02 0.02 0.00 -0.01
Purchase of Investments		 - - - - - - - - - 0.00 -0.01
Other Investing Activities, net		 -0.01 0.00 0.01 0.02 - - - - - 0.00 -0.00
Net Cash From Financing Activities		 15 14 6.80 5.69 4.66 3.00 18 4.30 15 11 34
Net Cash From Continuing Financing Activities		 15 14 6.80 5.69 4.66 3.00 18 4.30 15 11 34
Repayment of Debt		 0.00 -1.10 - 0.00 0.00 0.20 7.57 -0.32 -3.65 5.42 -7.73
Repurchase of Common Equity		 -0.52 -0.15 -0.05 -0.19 -0.13 0.00 -0.17 -0.12 -0.20 -0.21 -4.23
Issuance of Debt		 1.50 5.66 1.18 4.81 1.00 2.34 0.00 0.00 16 0.00 0.50
Issuance of Common Equity		 14 9.99 5.67 1.55 3.79 0.47 11 4.74 2.50 6.19 46
Cash Interest Paid		 0.00 0.14 0.14 0.24 0.13 0.06 0.87 0.25 0.26 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 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2023 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
Net Change in Cash & Equivalents		 -1.24 -0.46 -0.44 1.82 -1.86 0.33 0.82 24 137 144 115
Net Cash From Operating Activities		 -2.74 -1.89 -0.99 -6.12 -0.64 -1.34 -3.90 -4.79 -6.67 -0.84 -4.38
Net Cash From Continuing Operating Activities		 -2.74 -1.89 -0.99 -6.12 -0.64 -1.34 -3.90 -4.47 -6.67 -0.84 -4.38
Net Income / (Loss) Continuing Operations		 -3.39 -3.39 -4.23 -0.90 -2.10 -0.52 -5.38 -9.99 -44 -1.21 0.33
Consolidated Net Income / (Loss)		 -3.39 -3.39 -4.23 -0.90 -2.10 -0.52 -5.38 -9.99 -44 -1.21 0.33
Depreciation Expense		 0.00 - 0.00 - 0.00 - 0.00 - 0.00 0.05 0.15
Non-Cash Adjustments To Reconcile Net Income		 0.11 0.58 2.52 -1.88 0.74 -1.42 2.21 6.15 17 13 -3.52
Changes in Operating Assets and Liabilities, net		 0.54 0.92 0.72 -3.33 0.72 0.60 -0.73 -0.95 20 -12 -1.34
Net Cash From Investing Activities		 0.00 - - - 0.00 -0.01 - -0.00 -14 -8.95 -4.63
Net Cash From Continuing Investing Activities		 0.00 - - - 0.00 -0.01 - -0.00 -14 -8.95 -4.63
Purchase of Property, Plant & Equipment		 - - - - 0.00 - - - -9.11 -0.53 -9.57
Other Investing Activities, net		 - - - - 0.00 - - - -4.97 4.91 0.01
Net Cash From Financing Activities		 1.49 1.42 0.55 7.93 -1.22 1.67 4.71 29 158 153 124
Net Cash From Continuing Financing Activities		 1.49 1.42 0.55 7.93 -1.22 1.67 4.71 29 158 153 124
Repayment of Debt		 0.00 - - -1.51 -1.94 -4.14 -1.65 - 0.00 - -0.69
Repurchase of Common Equity		 -0.04 - - -0.01 -0.00 - - - -12 -11 -6.59
Issuance of Common Equity		 1.53 1.52 0.61 2.52 0.69 7.14 6.69 31 170 165 131

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2016 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
Total Assets		 15 15 11 11 11 11 24 23 21 20 44
Total Current Assets		 4.52 4.52 0.66 0.57 0.43 0.34 7.34 5.68 3.73 2.93 27
Cash & Equivalents		 4.41 4.41 0.24 0.07 0.36 0.31 7.32 5.28 2.34 2.01 26
Restricted Cash		 0.00 0.00 0.27 - - - - - - - 0.00
Prepaid Expenses		 0.10 0.11 0.15 0.02 0.07 0.03 0.02 0.40 1.39 0.92 0.00
Other Current Assets		 - - 0.00 0.47 - - - - - - 1.18
Plant, Property, & Equipment, net		 0.01 0.01 0.01 0.00 0.00 11 0.84 0.85 0.84 0.84 0.84
Total Noncurrent Assets		 11 11 11 11 11 0.04 16 16 16 16 16
Goodwill		 - - - - - - - - - - 0.00
Intangible Assets		 - - - - - - - - - - 0.00
Other Noncurrent Operating Assets		 11 11 11 11 11 0.04 16 16 16 16 16
Other Noncurrent Nonoperating Assets		 - - - - - - - - - - 0.00
Total Liabilities & Shareholders' Equity		 15 15 11 11 11 11 24 23 21 20 44
Total Liabilities		 9.05 9.05 8.46 8.04 6.23 8.36 11 5.09 30 18 15
Total Current Liabilities		 2.26 2.26 6.48 3.93 5.22 8.01 3.92 5.07 3.56 12 1.89
Accounts Payable		 1.26 1.26 3.15 1.69 2.94 3.07 0.41 0.82 3.49 1.84 1.80
Current Deferred Revenue		 - - - - - - - - - - 0.00
Other Current Liabilities		 1.00 1.00 1.18 1.49 1.48 3.85 2.39 2.08 0.07 2.46 0.10
Total Noncurrent Liabilities		 6.80 6.80 1.98 4.11 1.01 0.34 7.34 0.02 26 5.57 13
Other Noncurrent Operating Liabilities		 0.33 0.33 0.08 - - 0.00 0.11 0.02 16 5.57 13
Commitments & Contingencies		 - 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
Total Equity & Noncontrolling Interests		 6.19 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28
Total Preferred & Common Equity		 6.19 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28
Total Common Equity		 6.19 6.19 2.89 3.19 4.85 2.64 13 18 -11 1.00 28
Common Stock		 67 67 78 87 96 98 114 129 140 164 209
Retained Earnings		 -60 -60 -75 -83 -91 -95 -100 -110 -150 -162 -179
Accumulated Other Comprehensive Income / (Loss)		 -0.62 -0.62 -0.61 -0.52 -0.53 -0.36 -1.16 -0.99 -0.91 -0.91 -0.91

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 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
DEI Shares Outstanding		 0.00 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
DEI Adjusted Shares Outstanding		 0.00 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
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.00 -0.75 -0.40 -0.32 -0.17 -0.35 -0.82 -0.01 - -0.31
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		 0.00% 57.05% -28.91% 43.42% 12.86% 48.34% 14.31% -157.47% -351.51% 79.24% -139.05%
EBIT Growth		 0.00% 57.03% -28.89% 43.42% 12.92% 48.34% 14.31% -157.56% -351.38% 79.24% -139.02%
NOPAT Growth		 0.00% 62.65% -44.75% 56.20% -6.64% 46.68% -19.23% -90.52% -379.87% 63.21% 13.08%
Net Income Growth		 0.00% 50.65% -28.24% 41.92% 13.66% 45.46% -141.14% -125.68% 98.95% -103.07% -52.21%
EPS Growth		 0.00% -58.82% 14.29% -50.00% -25.00% -33.33% -141.14% -125.68% -426.83% 76.87% 0.00%
Operating Cash Flow Growth		 0.00% 36.63% 2.76% 42.88% 28.55% 29.99% -55.00% -30.13% -181.22% 32.17% 9.14%
Free Cash Flow Firm Growth		 0.00% 0.00% 47.24% 26.46% 50.85% 104.67% -10,156.11% 56.77% -90.62% -68.07% 79.44%
Invested Capital Growth		 0.00% 0.00% -21.84% 24.10% -20.93% -40.23% 277.94% 2.16% -104.51% 1,346.65% -55.93%
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% 0.00% -1.15% 20.80% -5,971.01%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.15% 20.81% -6,029.93%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -5.08% 10.67% -30.16%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 99.61% 99.17% -632.26%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 31.28% 80.25% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -31.01% -2.50% 11.10%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -8.97% 70.59%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 87.31% 721.91% -51.77%
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		 89.35% 100.00% 100.00% 100.00% 100.00% 100.00% 200.00% 200.00% 0.56% 3.85% 96.79%
Interest Burden Percent		 99.94% 102.57% 102.06% 104.76% 103.87% 109.65% 154.27% 135.18% 111.71% 159.49% 99.75%
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)		 0.00% -184.18% -322.07% -279.32% -182.37% -106.79% -121.71% -141.03% -5.18% 14.62% -109.83%
Cash Return on Invested Capital (CROIC)		 0.00% -362.19% -107.25% -80.22% -39.76% 2.63% -148.13% -40.06% 0.00% -225.82% -64.45%
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)		 0.00% -184.18% -322.07% -279.32% -182.37% -106.79% -121.71% -141.03% -3.95% 23.01% -101.61%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -184.18% -506.05% -266.11% -151.20% -151.50% -73.02% -123.26% 2.08% -46.30% 0.00%
Net Operating Profit after Tax (NOPAT)		 -18 -6.66 -9.64 -4.22 -4.51 -2.40 -2.86 -5.46 -26 -9.63 -8.37
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)		 0.00% 469.38% 179.58% 102.85% 90.92% 124.11% 631.03% -1,556.20% -1,020.03% -132.38% -90.74%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - - -29.55%
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)		 -26 -11 -14 -8.11 -7.06 -3.65 -3.13 -8.05 -36 -7.55 -18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -26 -11 -14 -8.11 -7.06 -3.65 -3.13 -8.05 -36 -7.55 -18
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 488.67 23.24
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 488.67 23.24
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 0.00 60.63 175.76
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		 0.00 1.04 1.40 1.52 0.37 0.55 0.63 0.12 -1.19 3.02 0.00
Long-Term Debt to Equity		 0.00 1.04 0.66 1.29 0.21 0.13 0.55 0.00 -1.19 0.00 0.00
Financial Leverage		 0.00 0.33 0.61 1.37 0.77 0.34 0.14 -0.07 0.58 -2.19 -0.63
Leverage Ratio		 0.00 2.46 2.93 3.71 2.77 2.95 2.24 1.53 4.97 -6.47 2.02
Compound Leverage Factor		 0.00 2.52 2.99 3.89 2.88 3.23 3.45 2.07 5.55 -10.33 2.01
Debt to Total Capital		 0.00% 51.07% 58.39% 60.36% 27.19% 35.29% 38.74% 10.94% 623.44% 75.14% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 31.10% 9.39% 12.00% 26.86% 5.21% 10.94% 0.00% 75.14% 0.00%
Long-Term Debt to Total Capital		 0.00% 51.07% 27.29% 50.97% 15.19% 8.43% 33.54% 0.00% 623.44% 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% 0.00% 123.97% 15.05% 2.87%
Common Equity to Total Capital		 0.00% 48.93% 41.61% 39.64% 72.81% 64.71% 61.26% 89.06% -647.40% 9.81% 97.13%
Debt to EBITDA		 0.00 -0.58 -0.28 -0.60 -0.26 -0.39 -2.67 -0.27 -0.29 -1.02 0.00
Net Debt to EBITDA		 0.00 -0.18 -0.25 -0.59 -0.21 -0.31 -0.33 0.39 -0.23 -0.75 0.00
Long-Term Debt to EBITDA		 0.00 -0.58 -0.13 -0.51 -0.14 -0.09 -2.31 0.00 -0.29 0.00 0.00
Debt to NOPAT		 0.00 -0.97 -0.42 -1.15 -0.40 -0.60 -2.92 -0.40 -0.40 -0.80 0.00
Net Debt to NOPAT		 0.00 -0.30 -0.37 -1.13 -0.32 -0.47 -0.36 0.57 -0.31 -0.59 0.00
Long-Term Debt to NOPAT		 0.00 -0.97 -0.20 -0.97 -0.22 -0.14 -2.53 0.00 -0.40 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.82 3.64 20.53
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 23.87% -57.38% 7.48%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 2.00 0.10 0.14 0.08 0.04 1.87 1.12 1.05 0.24 14.12
Quick Ratio		 0.00 1.96 0.04 0.02 0.07 0.04 1.87 1.04 0.66 0.17 13.50
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -15 -7.85 -5.77 -2.84 0.13 -13 -5.76 -11 -18 -3.80
Operating Cash Flow to CapEx		 -64,137.04% -274,350.00% 0.00% 0.00% 0.00% 0.00% -74.96% -38,437.50% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -54.10 -27.45 -15.39 -10.67 0.37 -7.82 -2.04 -2.58 -4.11 -79.10
Operating Cash Flow to Interest Expense		 0.00 -39.91 -37.31 -16.25 -16.37 -8.61 -2.77 -2.18 -4.06 -2.61 -222.08
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -39.92 -37.31 -16.25 -16.37 -8.61 -6.47 -2.18 -4.06 -2.61 -222.08
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		 0.00 1.42 0.97 0.88 0.67 0.46 0.95 3.51 1.08 1.32 1.07
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)		 0.00 257.55 375.93 413.43 542.34 796.58 382.97 103.98 338.45 277.42 341.53
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		 0.00 8.22 6.42 7.97 6.30 3.77 14 15 -0.66 8.18 3.60
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		 0.00 8.22 -1.79 1.55 -1.67 -2.54 10 0.31 -15 8.83 -4.57
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,431 496 633
Market Capitalization		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,421 489 658
Book Value per Share		 $0.00 $0.04 $0.02 $0.02 $0.02 $0.01 $0.06 $0.07 ($0.39) $0.03 $0.51
Tangible Book Value per Share		 $0.00 $0.04 $0.02 $0.02 $0.02 $0.01 $0.06 $0.07 ($0.39) $0.03 $0.51
Total Capital		 0.00 13 6.95 8.06 6.66 4.08 22 20 1.69 10 29
Total Debt		 0.00 6.47 4.06 4.86 1.81 1.44 8.36 2.17 11 7.66 0.00
Total Long-Term Debt		 0.00 6.47 1.90 4.11 1.01 0.34 7.23 0.00 11 0.00 0.00
Net Debt		 0.00 2.02 3.53 4.78 1.45 1.13 1.02 -3.12 8.21 5.64 -26
Capital Expenditures (CapEx)		 0.03 0.00 0.00 0.00 0.00 0.00 6.31 0.02 -0.02 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -2.15 -4.17 -2.68 -4.35 -6.89 -2.77 -2.50 -2.18 -3.39 -0.71
Debt-free Net Working Capital (DFNWC)		 0.00 2.26 -3.67 -2.61 -3.99 -6.58 4.55 2.78 0.16 -1.38 25
Net Working Capital (NWC)		 0.00 2.26 -5.83 -3.37 -4.79 -7.67 3.42 0.61 0.16 -9.04 25
Net Nonoperating Expense (NNE)		 5.28 4.75 4.99 4.27 2.83 1.60 6.78 16 -26 -9.17 9.03
Net Nonoperating Obligations (NNO)		 0.00 2.02 3.53 4.78 1.45 1.13 1.02 -3.12 8.21 5.64 -26
Total Depreciation and Amortization (D&A)		 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 20.28M 21.50M 23.43M 23.80M 25.87M 27.81M 28.71B 38.66M 77.76M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 20.28M 21.50M 23.43M 23.80M 25.87M 27.81M 28.71B 38.66M 77.76M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.80 $0.40 $0.30 $0.20 $0.20 $0.40 $1.34 ($0.31) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 18.78M 20.73M 22.32M 23.46M 24.20M 26.37M 28.71B 34.32M 77.76M
Normalized Net Operating Profit after Tax (NOPAT)		 -18 -6.66 -9.64 -4.22 -4.51 -2.40 -2.86 -5.46 -26 -9.63 -8.37
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 -40.44 -50.12 -21.63 -26.55 -10.31 -1.83 -2.85 -8.54 -1.68 -375.56
NOPAT to Interest Expense		 0.00 -24.23 -33.72 -11.27 -16.94 -6.79 -1.68 -1.93 -6.15 -2.15 -174.39
EBIT Less CapEx to Interest Expense		 0.00 -40.46 -50.12 -21.63 -26.55 -10.31 -5.53 -2.85 -8.53 -1.68 -375.56
NOPAT Less CapEx to Interest Expense		 0.00 -24.24 -33.72 -11.27 -16.94 -6.79 -5.37 -1.94 -6.15 -2.15 -174.39
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		 -2.25% -1.32% -0.36% -2.22% -1.83% 0.00% -1.80% -0.54% -89.47% -44.28% -24.33%

Quarterly Metrics And Ratios for NioCorp Developments

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

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2023 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
DEI Shares Outstanding		 30,396,120.00 33,142,280.00 34,915,511.00 - - - 46,818,119.00 55,709,163.00 77,757,089.00 - 125,321,172.00
DEI Adjusted Shares Outstanding		 30,396,120.00 33,142,280.00 34,915,511.00 - - - 46,818,119.00 55,709,163.00 77,757,089.00 - 125,321,172.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.12 -0.08 -0.14 - - - -0.02 -0.18 -0.56 - 0.01
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		 -174.20% -46.13% 79.92% 73.53% 86.64% -45.92% 81.47% -247.22% -2,042.25% -589.49% 56.37%
EBIT Growth		 -174.11% -46.13% 79.91% 73.54% 86.63% -45.92% 81.44% -247.22% -2,041.25% -598.25% 53.53%
NOPAT Growth		 -65.37% -32.53% 82.50% 41.77% 59.48% 0.55% 49.14% -121.38% -761.51% -227.54% -302.90%
Net Income Growth		 54.87% 49.63% 83.49% -59.57% 80.34% -115.94% 77.59% -1,506.68% -1,969.79% -132.63% 106.05%
EPS Growth		 -164.29% 0.00% 0.00% -68.28% 44.44% 88.89% 0.00% 0.00% -960.00% 100.00% 109.09%
Operating Cash Flow Growth		 -57.48% 20.87% 86.50% -4.91% 76.54% 29.13% -293.04% 21.76% -938.79% 37.37% -12.45%
Free Cash Flow Firm Growth		 48.81% 171.88% 36.20% -183.88% -477.70% -196.25% 14.82% 109.87% 230.01% 105.50% -48.33%
Invested Capital Growth		 -49.97% -95.42% 119.25% 1,346.65% 996.11% 1,352.20% 650.95% -55.93% -225.47% -81.09% 66.60%
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		 -102.93% 33.78% -61.70% 77.74% -2.38% -623.39% 79.46% -905.43% -303.57% 91.96% 33.86%
EBIT Q/Q Growth		 -102.89% 33.80% -61.73% 77.75% -2.52% -622.40% 79.43% -903.58% -303.58% 91.86% 30.40%
NOPAT Q/Q Growth		 12.53% 15.28% -75.18% 55.15% 39.14% -107.96% 10.41% -94.81% -137.37% 20.94% -10.20%
Net Income Q/Q Growth		 -108.39% 30.07% -98.00% 515.95% -104.08% -668.02% 79.45% -852.76% -320.48% 97.23% 126.97%
EPS Q/Q Growth		 -106.21% 0.00% -22.22% 0.00% -110.87% 80.00% -1,000.00% 0.00% 0.00% 100.00% 0.00%
Operating Cash Flow Q/Q Growth		 53.05% 31.02% 47.51% -517.15% 89.50% -108.41% -191.11% -22.85% -39.37% 87.43% -422.67%
Free Cash Flow Firm Q/Q Growth		 -112.76% 775.15% -190.84% -7.17% 12.11% -12.48% 19.61% 112.41% 1,058.11% -95.24% -2,268.08%
Invested Capital Q/Q Growth		 225.46% -25.52% 62.32% 721.91% 10.31% -1.32% -16.06% -51.77% -414.07% 114.87% 639.63%
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		 100.32% 100.00% 100.00% -1,800.53% 100.00% 100.00% 100.00% 94.72% 100.00% 100.00% 100.00%
Interest Burden Percent		 63.72% 67.52% 82.67% 131.23% 93.99% 99.92% 99.82% 100.05% 98.73% 33.57% -13.01%
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)		 -6.75% 142.80% -572.84% 14.62% -429.25% -24.73% 79.30% -109.83% -75.72% -37.63% -24.28%
Cash Return on Invested Capital (CROIC)		 -2,132.77% -212.69% -1,703.24% -225.82% -333.15% -346.35% -304.90% -64.45% 0.00% -249.57% -288.30%
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)		 -6.86% 113.82% -774.64% 23.01% -1,774.68% -5.06% 52.28% -101.61% -75.02% -37.55% -24.27%
Return on Equity Simple (ROE_SIMPLE)		 -58.33% -105.85% -1,477.36% 0.00% 98.61% -7.10% 43.42% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -2.41 -2.04 -3.58 -1.60 -0.98 -2.03 -1.82 -3.54 -8.41 -6.65 -7.33
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)		 1.79% 16.29% 38.26% -266.70% -5.28% 117.03% -666.64% -68.33% -44.53% 3.56% 3.62%
Return On Investment Capital (ROIC_SIMPLE)		 - 354.50% 924.29% - - -25.17% -24.16% -12.51% -5.55% -2.15% -1.68%
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)		 -5.47 -3.62 -5.86 -0.71 -0.73 -5.29 -1.09 -11 -44 -3.59 -2.50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -5.47 -3.62 -5.86 -0.71 -0.73 -5.29 -1.09 -11 -44 -3.54 -2.34
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 488.67 258.62 63.54 73.89 23.24 12.45 4.85 2.89
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 488.67 258.62 63.54 73.89 23.24 12.45 4.98 2.95
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)		 266.46 146.21 25.13 0.00 247.20 0.00 161.71 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		 0.38% 0.68% 3.98% 0.00% 0.40% 0.00% 0.62% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1,255.26 1,480.85 775.26 60.63 69.00 49.41 74.46 175.76 0.00 707.10 67.28
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 1,812.38 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 1,830.26 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 0.00 380.31 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -1.39 -1.29 -3.27 3.02 1.36 0.14 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		 -1.02 0.55 -0.61 -2.19 -10.00 1.41 0.03 -0.63 -1.01 -0.97 -0.96
Leverage Ratio		 -0.35 4.43 -3.90 -6.47 -34.35 9.13 4.38 2.02 1.37 1.16 1.10
Compound Leverage Factor		 -0.23 2.99 -3.22 -8.50 -32.28 9.12 4.37 2.02 1.35 0.39 -0.14
Debt to Total Capital		 358.06% 439.08% 144.05% 75.14% 57.67% 12.53% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 358.06% 439.08% 144.05% 75.14% 57.67% 12.53% 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		 99.84% 145.93% 132.66% 15.05% 16.38% 14.03% 14.12% 2.87% -0.04% -0.21% -0.23%
Common Equity to Total Capital		 -357.91% -485.01% -176.71% 9.81% 25.95% 73.44% 85.88% 97.13% 100.04% 100.21% 100.23%
Debt to EBITDA		 -0.17 -0.13 -0.10 -1.02 -1.89 -0.26 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 -0.15 -0.12 -0.09 -0.75 -1.83 -0.16 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		 -0.25 -0.20 -0.16 -0.80 -0.65 -0.14 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.21 -0.18 -0.14 -0.59 -0.63 -0.08 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		 12.62 10.63 10.93 4.77 12.47 13.15 21.37 21.07 24.82 22.57 22.23
Noncontrolling Interest Sharing Ratio		 -1.62% 20.30% -35.23% -57.38% -313.44% 79.54% 34.07% 7.48% 0.92% 0.21% 0.06%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.16 0.09 0.05 0.24 0.15 0.19 1.22 14.12 41.13 31.45 31.08
Quick Ratio		 0.09 0.05 0.02 0.17 0.02 0.12 1.15 13.50 40.94 31.32 30.76
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1.59 11 -9.74 -10 -9.17 -10 -8.30 1.03 12 0.57 -12
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -73.21% -157.82% -45.79%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 -46.81 0.00 0.00 0.00 10.73 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 -27.43 0.00 0.00 0.00 -49.84 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 -27.43 0.00 0.00 0.00 -49.84 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		 0.00 0.56 0.83 1.32 1.11 1.25 0.63 1.07 1.16 1.56 2.61
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)		 0.00 650.93 438.52 277.42 329.56 292.19 579.24 341.53 315.16 233.74 139.72
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		 0.82 0.61 1.00 8.18 9.02 8.90 7.47 3.60 -11 1.68 12
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		 -0.82 -13 6.16 8.83 8.20 8.29 6.48 -4.57 -20 -7.22 4.98
Enterprise Value (EV)		 1,033 908 771 496 622 440 556 633 1,724 1,190 838
Market Capitalization		 1,025 901 768 489 616 438 556 658 1,887 1,497 1,260
Book Value per Share		 ($0.24) ($0.18) ($0.06) $0.03 $0.06 $0.16 $0.16 $0.51 $1.95 $2.59 $3.47
Tangible Book Value per Share		 ($0.24) ($0.18) ($0.06) $0.03 $0.06 $0.16 $0.16 $0.51 $1.95 $2.52 $3.41
Total Capital		 1.93 1.25 1.19 10 9.18 9.38 8.77 29 151 308 434
Total Debt		 6.91 5.51 1.71 7.66 5.29 1.18 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		 5.80 4.87 1.51 5.64 5.14 0.70 -1.30 -26 -163 -306 -421
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.11 0.53 9.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.68 -5.76 -7.17 -3.39 -1.79 -2.39 -1.04 -0.71 -3.19 -8.50 -11
Debt-free Net Working Capital (DFNWC)		 -3.58 -5.12 -6.97 -1.38 -1.64 -1.91 0.25 25 160 298 410
Net Working Capital (NWC)		 -10 -11 -8.68 -9.04 -6.93 -3.09 0.25 25 160 298 410
Net Nonoperating Expense (NNE)		 1.09 0.41 1.27 -18 -0.29 3.25 -0.73 6.80 35 -5.45 -7.66
Net Nonoperating Obligations (NNO)		 5.80 4.87 1.52 5.64 5.14 0.70 -1.30 -26 -163 -306 -422
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.15
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		 $0.09 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.01
Adjusted Weighted Average Basic Shares Outstanding		 33.14M 34.92M 36.48M 38.66M 42.51M 46.82M 55.71M 77.76M 119.36M 116.82M 132.10M
Adjusted Diluted Earnings per Share		 $0.09 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.01
Adjusted Weighted Average Diluted Shares Outstanding		 33.14M 34.92M 36.48M 38.66M 42.51M 46.82M 55.71M 77.76M 119.36M 116.82M 136.15M
Adjusted Basic & Diluted Earnings per Share		 $0.09 $0.00 $0.00 $0.46 ($0.05) ($0.01) ($0.11) $0.00 ($0.53) $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 31.97B 33.26M 35.16M 34.32M 38.36M 41.17M 45.89M 77.76M 76.06M 125.32M 145.59M
Normalized Net Operating Profit after Tax (NOPAT)		 -2.41 -2.04 -3.58 -1.60 -0.98 -2.03 -1.82 -3.54 -8.41 -6.65 -5.13
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 0.00 -3.20 0.00 0.00 0.00 -113.74 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 -7.19 0.00 0.00 0.00 -36.92 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -3.20 0.00 0.00 0.00 -113.74 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -7.19 0.00 0.00 0.00 -36.92 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		 5.49% 0.00% 0.00% -44.28% 7.20% 0.00% 0.00% -24.33% -28.11% -44.34% -59.80%

Financials Breakdown Chart

Key Financial Trends

NioCorp Developments (NASDAQ: NB) has undergone a dramatic financial transformation over the last year, driven primarily by heavy equity financing rather than operating profits. The company ended Q3 2026 with a much stronger cash position and a far larger balance sheet than a year ago, but it still has no operating revenue and continues to generate losses from its core business.

At a glance, the biggest trend is liquidity improvement paired with persistent operating weakness. Cash and equivalents rose to $419.2 million in Q3 2026 from just $1.3 million in Q3 2025, while total assets climbed to $469.0 million from $18.5 million over the same period. However, that improvement came alongside large share issuance and continued negative operating cash flow.

  • Cash has surged dramatically. Cash and equivalents increased to $419.2 million in Q3 2026, giving the company a much stronger near-term funding cushion.
  • Balance sheet size expanded sharply. Total assets rose to $469.0 million from $348.0 million in Q2 2026 and just $18.5 million in Q3 2025, reflecting major capital raises.
  • Common equity improved materially. Total common equity reached $435.4 million in Q3 2026, compared with $308.7 million in Q2 2026 and only $7.5 million in Q3 2025.
  • Q3 2026 posted a small accounting profit. Net income attributable to common shareholders was $669,000 in the quarter, helped by strong non-operating income.
  • Quarterly financing provided substantial liquidity. The company generated $131.2 million of common equity issuance in Q3 2026, which more than offset operating and investing cash outflows.
  • Quarter-end cash rose sequentially. Cash and equivalents increased from $306.4 million in Q2 2026 to $419.2 million in Q3 2026.
  • Operating results remain tied to non-cash and non-operating items. Q3 2026 pre-tax income was only $325,000 despite zero revenue, showing earnings were supported by interest and other income.
  • Capex is still modest. Purchases of property, plant and equipment were $9.6 million in Q3 2026, suggesting the company is still investing but not at a level that meaningfully changes the story yet.
  • There is still no revenue. Revenue was $0 in every reported quarter provided, including Q3 2026.
  • Core operations remain loss-making. Q3 2026 operating loss was $7.33 million, and the company has posted repeated quarterly operating losses across the period.

Looking at the broader trend since 2024, NB has relied on repeated equity raises to survive and fund development. Cash moved from low single-digit millions in 2024 to hundreds of millions by 2026, but share count also expanded substantially, which can dilute existing shareholders. For example, weighted average basic shares rose from roughly 32 million in Q1 2024 to more than 132 million in Q3 2026.

The income statement shows a company still in pre-commercial mode. Costs of revenue, SG&A, and exploration spending continue to exceed any operating contribution because revenue remains zero. Q3 2026 operating expenses were $5.9 million, slightly lower than some prior quarters, but still more than enough to drive a significant operating loss.

Cash flow also underscores the business model challenge. In Q3 2026, operating cash flow was negative $4.4 million and investing cash flow was negative $4.6 million. That shortfall was covered by $123.9 million of financing cash inflows, primarily from equity issuance. In other words, financing—not operations—is currently funding the company.

One important caution for investors is dilution. The balance sheet growth was impressive, but it was not organic growth. It came alongside a much larger share count and recurring issuance of common equity. That means per-share upside could be limited unless future project development eventually turns into meaningful revenue and operating cash generation.

Bottom line: NioCorp’s financial position is much stronger than it was a year ago, especially from a liquidity standpoint, but the business still has no sales and depends heavily on external financing. For retail investors, that means the stock remains a high-risk, development-stage story where balance sheet strength is improving, but operating fundamentals have not yet caught up.

07/16/26 11:13 PM 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 2025 ended on June 30, 2025.

NioCorp Developments' net income appears to be on a downward trend, with a most recent value of -$17.41 million in 2025, falling from -$23.12 million in 2015. The previous period was -$11.44 million in 2024.

NioCorp Developments' total operating income in 2025 was -$11.96 million, based on the following breakdown:
  • Total Gross Profit: -$1.94 million
  • Total Operating Expenses: $10.01 million

Over the last 10 years, NioCorp Developments' total revenue changed from $0.00 in 2015 to $0.00 in 2025, a change of 0.0%.

NioCorp Developments' total liabilities were at $14.66 million at the end of 2025, a 16.4% decrease from 2024, and a 61.9% increase since 2015.

In the past 10 years, NioCorp Developments' cash and equivalents has ranged from $73 thousand in 2018 to $25.55 million in 2025, and is currently $25.55 million as of their latest financial filing in 2025.

Over the last 10 years, NioCorp Developments' book value per share changed from 0.00 in 2015 to 0.51 in 2025, a change of 50.8%.


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Financial statements for NASDAQ:NIOBW last updated on 5/19/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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