NioCorp Reports $16.7 Million Loss for Fiscal Year 2025, EPS Declines to $0.35

Reuters
Jul 11
NioCorp Reports $16.7 Million Loss for Fiscal Year 2025, EPS Declines to $0.35

NioCorp Developments Ltd. reported a preliminary unaudited net loss of $16.7 million for the fiscal year ended June 30, 2025, compared to a net loss of $11.4 million in the previous fiscal year. The company reported a loss per share of $0.35, compared to $0.31 per share for the fiscal year ended June 30, 2024. During the quarter ended June 30, 2025, NioCorp received approximately $31.1 million in gross proceeds from the sale of common shares and pre-funded warrants. The company ended the fiscal year with a cash balance of approximately $25.6 million and had 58,491,196 common shares outstanding. NioCorp plans to file its audited consolidated financial statements by August 29, 2025.

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