NIOCORP DEVELOPMENTS LTD (NB) Earnings History

NIOCORP DEVELOPMENTS LTD - Q3 FY2025 Earnings

Filed at: Jan 12, 2026, 6:31 AM EST|Read from source

EXECUTIVE SUMMARY

NioCorp reported preliminary results for Q3 FY2025, highlighting significant progress in derisking the Elk Creek project and securing strategic partnerships, alongside increased operating cash outflows for development activities.

POSITIVE HIGHLIGHTS

  • •

    Record cash balance of $307 million as of December 31, 2025.

    positive
  • •

    Awarded up to $10 million from the U.S. Department of Defense to support Elk Creek Critical Minerals Project activities.

    positive
  • •

    Completed infill drilling campaign and land purchases for the Elk Creek Project.

    positive
  • •

    Acquired scandium alloy manufacturing assets of FEA Materials LLC.

    positive
  • •

    Entered into agreements with the U.S. Department of Defense and Lockheed Martin related to scandium-based technologies.

    positive

CONCERNS & RISKS

  • •

    Net loss for the three months ended December 31, 2025, was $0.8 million, an increase from a $0.5 million net loss in the prior year period.

    negative
  • •

    Adjusted net loss for the three months ended December 31, 2025, was $5.3 million, a significant increase from $1.9 million in the prior year period.

    negative
  • •

    Net loss for the six months ended December 31, 2025, was $43.4 million, a substantial increase from $2.5 million in the prior year period.

    negative
  • •

    Adjusted net loss for the six months ended December 31, 2025, was $13.6 million, an increase from $3.3 million in the prior year period.

    negative
  • •

    Operating cash outflows for the six-month period totaled $7.6 million, reflecting expenditures for drilling and feasibility study updates.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Net Income
Quarterly
$-751.00K
-66.9%
Prior year: $-450.00K
Annual (YTD)
$-43.41M
N/A
Prior year: $-2.52M
EPS (Diluted)
Quarterly
$-0.02
-100.0%
Prior year: $-0.01
Annual (YTD)
$-0.44
N/A
Prior year: $-0.06
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

SPECIAL ITEMS & ADJUSTMENTS

Q3 FY2025
Change in fair value of earnout liability
Non-cash item impacting net loss
$4.188M
$0.04 per share
Q3 FY2025
Change in fair value of warrant liability
Non-cash item impacting net loss
$1.732M
$0.01 per share
Q3 FY2025
Share based compensation
Non-cash item impacting adjusted net loss calculation
+$1.075M
$0.01 per share
Six Months FY2025
Change in fair value of earnout liability
Non-cash item impacting net loss
+$10.308M
$0.11 per share
Six Months FY2025
Change in fair value of warrant liability
Non-cash item impacting net loss
+$15.826M
$0.17 per share
Six Months FY2025
Share based compensation
Non-cash item impacting adjusted net loss calculation
+$3.377M
$0.04 per share
Total Impact
+$24.666M$0.28 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

NioCorp is a development stage company.

— NIOCORP DEVELOPMENTS LTD, Q3 FY2025 2025 Earnings Call

The increase in adjusted net losses reflects expenditures associated with the Elk Creek drilling program and feasibility study update efforts.

— NIOCORP DEVELOPMENTS LTD, Q3 FY2025 2025 Earnings Call

The company intends to file its unaudited financial statements on Form 10-Q on or before February 16, 2026.

— NIOCORP DEVELOPMENTS LTD, Q3 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Operating Cash Outflows
7.6M
dollars

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.