EUNasdaqMiscellaneous Metal OresFiscal year ends December 31
enCore Energy Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$0.80−0.03 (-3.52%)
Close on Oct 19, 2026
- Market cap
- $154.88M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
22.5%
Operating margin
-152.4%
Net margin
-131.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -26.0% | +116.6% | – | – | |
| Gross profit | – | +82.7% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -22.1% | |
| Return on assets | – | – | -13.8% | |
| Current ratio | – | – | 8.03 | |
| Interest coverage | – | – | -19.4× | |
| Inventory turnover | – | – | 2.5× | |
| Capex to revenue | – | – | 46.3% | |
| Diluted shares | – | – | 187M |
Where the cash went
Fiscal 2021 to 2025, five years combined
enCore Energy generated $117.46M from operations and spent $40.35M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$117.46M
Used
$40.35M
Capital expenditure$40.35M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-131.7%
×Asset turnover0.10×
×Equity multiplier1.60×
=Return on equity, FY2025-22.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -131.7% | 0.10× | 1.60× | -22.1% |
| FY2024 | -105.2% | 0.16× | 1.31× | -22.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$56.86M
- Cash generatingOperating cash flow above zero-$24.99M
- Return on assets improvedROA up on the prior year-18.8% → -14.5%
- Earnings backed by cashOperating cash flow above net income-$24.99M vs -$56.86M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.91 → 8.03
- No dilutionShare count did not rise182M → 187M
- Gross margin improvedGross margin up on the prior year-12.35% → 22.46%
- More efficientAsset turnover rose0.18 → 0.11