Filing Flows › Ur-Energy (URG) › Q4 2024
Ur-Energy (URG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 11, 2025
Ur-Energy (URG) reported revenue of $22.7M for the fourth quarter 2024 (Q4 2024), +316% from a year earlier and +254% from the quarter before. Operating margin was -103.9%, net loss $86.3M (381.0% of revenue).
Ur-Energy, Q4 2024: revenue $22.7M (+316% year over year), operating margin -103.9%, net loss $86.3M, operating cash flow −$39.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.7M | +254% | +316% |
| Operating profit | −$23.5M | — | — |
| Net earnings | −$86.3M | — | — |
| Operating cash flow | −$39.4M | — | — |
What changed
Revenue was $22.7M in Q4 2024, up 316% year over year and up 254% from the previous quarter.
Operating costs exceeded revenue by $23.5M, an operating margin of -103.9%. The fastest-growing cost line was General & admin (+85%). The quarter ended with a net loss of $86.3M, after a profit of $58.3M the previous quarter. Minority interests bore $66.3M of it: to shareholders the quarter was a loss of $20.1M. Net interest and other expense of $62.8M was the main reason.
Operating cash flow was −$39.4M. Non-cash charges added back $756K of depreciation and $1.4M of share-based compensation. Working capital and other items added $44.7M. Capital expenditures of $3.3M exceeded it, leaving free cash flow of −$42.8M.
Questions
What was Ur-Energy's revenue in the fourth quarter 2024?
Ur-Energy (URG) reported revenue of $22.7M for the fourth quarter 2024 (Q4 2024), +316% from a year earlier and +254% from the quarter before.
Was Ur-Energy profitable in the fourth quarter 2024?
Operating loss was $23.5M (-103.9% of revenue) and net loss $86.3M.
Source: Ur-Energy 10-K on SEC EDGAR.