Uranium Energy Corp. reported sales and service revenue of $66.84 million for the fiscal year ended July 31, 2025, generated entirely from sales of purchased uranium inventory. This represents a significant increase compared to $0.22 million in sales and service revenue recorded in fiscal 2024, when the company did not engage in any sales activities. However, the figure is lower than the $164.39 million reported for fiscal 2023. Gross profit for fiscal 2025 was $24.48 million, up from $0.04 million in fiscal 2024, and down from $49.67 million in fiscal 2023. The company reported a net loss of $87.66 million for fiscal 2025, compared to net losses of $29.22 million in fiscal 2024 and $3.31 million in fiscal 2023. Uranium Energy Corp. stated that its continuation as a going concern beyond the next 12 months will depend on its ability to achieve consistent positive cash flow from the sale of uranium inventories and to secure additional financing, as future capital expenditures are expected to be substantial. The company also highlighted its focus on expanding uranium extraction activities, advancing existing projects, and acquiring additional uranium projects.