NioCorp Developments Ltd. (NB) 10-Year Financial Performance & Capital Metrics

NB • • Industrial / General

Basic MaterialsIndustrial MaterialsBattery Metals & Critical MineralsRare Earth & Specialty Battery Metals

AboutNioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.Show more

Revenue $0
EBITDA -$12M +13.1%
Net Income -$16M -42.6%
EPS (Diluted) -0.36 -16.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -102.87% +77.2%
ROIC -148% +42.8%
Debt/Equity 0.00 -99.9%
Interest Coverage -249.13 -8030.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 94 (top 6%)

✗Weaknesses

✗Shares diluted 31.3% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-466.9%

EPS CAGR

10Y-

5Y-

3Y-

TTM-205.54%

ROCE

10Y Avg-97.66%

5Y Avg-88.96%

3Y Avg-123.08%

Latest-47.8%

Peer Comparison

Rare Earth & Specialty Battery Metals

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
USARUSA Rare Earth Inc	2.34B	16.79	180.15			0.37%	1.47
ELBMElectra Battery Materials Corporation	83.35M	0.89	-0.43			-55.75%	1.12
ABATAmerican Battery Technology Company Common Stock	632.3M	4.87	-4.77		-32.31%	-91.5%	0.11
LZMLifezone Metals Limited	475.89M	5.68	-9.63	-90.49%	-276.31%	-387.04%	0.28
NBNioCorp Developments Ltd.	759.13M	6.36	-17.67			-38.32%	0.00
TMCTMC the metals company Inc.	3.05B	7.38	-29.52
IPXIperionX Limited	1.57B	46.73	-38.94			-38.25%	0.04
MPMP Materials Corp.	11.82B	66.70	-117.02	-19.57%	-50.55%	-4.95%	0.87

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	9K	9K	6K	0	0	0	0	0	4.16M	3K
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	-9K	-9K	-6K	0	0	0	0	0	-4.16M	-3K
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.1%	0%	0.33%	1%	-	-	-	-	-	1%
Operating Expenses+	9.27M	13.76M	6.03M	6.44M	3.43M	4.09M	7.8M	37.41M	9.59M	11.96M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	9.27M	13.76M	6.03M	6.44M	1.7M	2.04M	2.83M	4.9M	3.53M	4.18M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	1.73M	2.05M	4.96M	32.51M	6.06M	7.77M
Operating Income+	-9.28M	-13.77M	-6.04M	-6.44M	-3.43M	-4.09M	-7.8M	-37.41M	-13.76M	-11.96M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.63%	-0.48%	0.56%	-0.07%	0.47%	-0.19%	-0.91%	-3.8%	0.63%	0.13%
EBITDA+	-9.27M	-13.76M	-6.03M	-7.07M	-3.65M	-3.28M	-7.79M	-37.41M	-13.76M	-11.96M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.63%	-0.49%	0.56%	-0.17%	0.48%	0.1%	-1.38%	-3.8%	0.63%	0.13%
D&A (Non-Cash Add-back)	9K	9K	6K	0	0	0	3K	3K	2K	3K
EBIT	-10.89M	-14.34M	-8.12M	-7.07M	-3.65M	-3.28M	-8.06M	-38.28M	-7.55M	-17.93M
Net Interest Income+	0	0	0	0	-354K	-1.54M	-2.83M	-2.34M	-4.49M	46K
Interest Income	0	0	0	0	0	0	0	0	0	94K
Interest Expense	517K	290K	375K	266K	354K	1.54M	2.83M	2.34M	4.49M	48K
Other Income/Expense	-2.13M	-857K	-2.46M	-900K	-569K	-732K	-3.09M	-3.2M	1.72M	-6.02M
Pretax Income+	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.61M	-12.04M	-17.98M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0	0	-304K	-139K	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	0.99%	0.95%	0.91%
Net Income+	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.08M	-11.44M	-16.3M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.51%	-0.28%	0.42%	0.14%	0.45%	-0.21%	-1.26%	-2.68%	0.71%	-0.43%
Net Income (Continuing)	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.31M	-11.9M	-17.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	2.1M	1.53M	838K
EPS (Diluted)+	-0.70	-0.78	-0.41	-0.33	-0.17	-0.20	-0.41	-1.40	-0.31	-0.36
EPS Growth %	0.59%	-0.11%	0.47%	0.2%	0.48%	-0.18%	-1.05%	-2.41%	0.78%	-0.16%
EPS (Basic)	-0.70	-0.78	-0.41	-0.33	-0.17	-0.20	-0.41	-1.40	-0.31	-0.36
Diluted Shares Outstanding	16.4M	18.78M	20.73M	22.32M	23.46M	24.2M	26.37M	28.71M	34.32M	45.07M
Basic Shares Outstanding	16.4M	18.78M	20.73M	22.32M	23.46M	24.2M	26.37M	28.71M	34.32M	45.07M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	4.52M	655K	565K	428K	338K	7.34M	5.68M	3.73M	2.93M	26.74M
Cash & Short-Term Investments	4.41M	238K	73K	357K	307K	7.32M	5.28M	2.34M	2.01M	25.55M
Cash Only	4.41M	238K	73K	357K	307K	7.32M	5.28M	2.34M	2.01M	25.55M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	5K	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	265K	474K	0	0	0	0	0	916K	1.18M
Total Non-Current Assets+	10.73M	10.7M	10.66M	10.66M	10.66M	17.13M	17.07M	17.2M	17.14M	17.08M
Property, Plant & Equipment	10.63M	10.62M	10.62M	10.62M	10.62M	17.08M	17.03M	17.16M	17.1M	17.04M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	32K	23K	12K	5K	7K	16K	10K	9K	4K	3K
Other Non-Current Assets	65K	51K	35K	35K	35K	35K	35K	35K	35K	37K
Total Assets+	15.25M	11.35M	11.23M	11.09M	11M	24.47M	22.76M	20.93M	20.07M	43.82M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.32%	-0.26%	-0.01%	-0.01%	-0.01%	1.23%	-0.07%	-0.08%	-0.04%	1.18%
Total Current Liabilities+	2.26M	6.48M	3.93M	5.22M	8.01M	3.92M	5.07M	3.56M	11.96M	1.89M
Accounts Payable	1.26M	0	0	2.58M	2.46M	320K	769K	3.31M	1.77M	1.75M
Days Payables Outstanding	50.94K	-	-	-	-	-	-	-	154.93	212.55K
Short-Term Debt	1M	3.34M	2.24M	2.28M	4.91M	3.44M	4.17M	0	7.66M	0
Deferred Revenue (Current)	0	0	0	0	605K	0	0	0	0	0
Other Current Liabilities	0	3.15M	1.69M	0	-572K	0	0	0	2.37M	0
Current Ratio	2.00x	0.10x	0.14x	0.08x	0.04x	1.87x	1.12x	1.05x	0.24x	14.12x
Quick Ratio	2.00x	0.10x	0.14x	0.08x	0.04x	1.87x	1.12x	1.05x	0.24x	14.12x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	6.8M	1.98M	4.11M	1.01M	344K	7.34M	23K	26.23M	5.57M	12.77M
Long-Term Debt	6.47M	1.9M	4.11M	1.01M	344K	7.23M	0	10.56M	0	0
Capital Lease Obligations	0	0	0	0	0	105K	23K	164K	104K	33K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	330K	82K	0	0	0	0	0	15.51M	5.47M	12.73M
Total Liabilities	9.05M	8.46M	8.04M	6.23M	8.36M	11.26M	5.09M	29.8M	17.54M	14.66M
Total Debt+	7.47M	5.23M	6.34M	3.29M	5.26M	10.85M	4.27M	10.8M	7.86M	131K
Net Debt	3.05M	4.99M	6.27M	2.94M	4.95M	3.53M	-1.01M	8.46M	5.85M	-25.42M
Debt / Equity	1.21x	1.81x	1.99x	0.68x	1.99x	0.82x	0.24x	-	3.10x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-17.94x	-47.49x	-16.09x	-24.20x	-9.69x	-2.65x	-2.76x	-16.01x	-3.06x	-249.13x
Total Equity+	6.19M	2.89M	3.19M	4.85M	2.64M	13.21M	17.66M	-8.87M	2.53M	29.16M
Equity Growth %	0.24%	-0.53%	0.1%	0.52%	-0.46%	4%	0.34%	-1.5%	1.29%	10.51%
Book Value per Share	0.38	0.15	0.15	0.22	0.11	0.55	0.67	-0.31	0.07	0.65
Total Shareholders' Equity	6.19M	2.89M	3.19M	4.85M	2.64M	13.21M	17.66M	-10.97M	1M	28.32M
Common Stock	58.4M	68.03M	74.68M	82.94M	97.68M	113.88M	129.06M	140.42M	163.82M	208.55M
Retained Earnings	-60.22M	-74.85M	-83.35M	-90.69M	-94.69M	-99.51M	-110.4M	-150.48M	-161.91M	-179.32M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-615K	-606K	-520K	-526K	-355K	-1.16M	-993K	-911K	-911K	-911K
Minority Interest	0	0	0	0	0	0	0	2.1M	1.53M	838K

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	-10.97M	-10.67M	-6.09M	-4.36M	-3.05M	-4.73M	-6.15M	-17.3M	-11.73M	-10.66M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	0.37%	0.03%	0.43%	0.29%	0.3%	-0.55%	-0.3%	-1.81%	0.32%	0.09%
Net Income	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-38.53M	-11.9M	-17.98M
Depreciation & Amortization	9K	9K	6K	0	0	0	3K	3K	2K	3K
Stock-Based Compensation	0	0	0	0	153K	797K	1.75M	0	2.88M	789K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	3.58M	2.22M	3.55M	1.78M	180K	395K	2.95M	19.36M	-1.56M	6.84M
Working Capital Changes	-3.14M	1.75M	-1.15M	1.2M	619K	-1.09M	42K	1.88M	-1.15M	-315K
Change in Receivables	8K	-2K	7K	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	419K	2.86M	-1.62M	-48K
Cash from Investing+	-4K	9K	15K	0	0	-6.3M	-16K	21K	0	-7K
Capital Expenditures	-4K	0	0	0	0	-6.3M	-16K	0	0	-5K
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	9K	15K	0	0	0	0	0	0	-2K
Cash from Financing+	14.4M	6.8M	5.69M	4.66M	3M	18.07M	4.3M	14.64M	11.4M	34.21M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-151K	-52K	-663K	-134K	0	-174K	-118K	0	-205K	-4.23M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-10.98M	-10.67M	-6.09M	-4.36M	-3.05M	-11.03M	-6.17M	-17.3M	-11.73M	-10.66M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	0.37%	0.03%	0.43%	0.29%	0.3%	-2.62%	0.44%	-1.8%	0.32%	0.09%
FCF per Share	-0.67	-0.57	-0.29	-0.20	-0.13	-0.46	-0.23	-0.60	-0.34	-0.24
FCF Conversion (FCF/Net Income)	0.96x	0.73x	0.72x	0.59x	0.76x	0.98x	0.56x	0.43x	1.03x	0.65x
Interest Paid	0	0	0	0	0	0	0	0	0	4K
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-203.62%	-322.07%	-279.32%	-182.37%	-106.79%	-60.86%	-70.52%	-911.12%	-451.26%	-102.87%
Return on Invested Capital (ROIC)	-92.72%	-120.58%	-52.18%	-55.97%	-33.47%	-25.22%	-35.01%	-345.39%	-258.91%	-148%
Debt / Equity	1.21x	1.81x	1.99x	0.68x	1.99x	0.82x	0.24x	-	3.10x	0.00x
Interest Coverage	-17.94x	-47.49x	-16.09x	-24.20x	-9.69x	-2.65x	-2.76x	-16.01x	-3.06x	-249.13x
FCF Conversion	0.96x	0.73x	0.72x	0.59x	0.76x	0.98x	0.56x	0.43x	1.03x	0.65x

Frequently Asked Questions

Growth & Financials

NioCorp Developments Ltd. (NB) grew revenue by 0.0% over the past year. Growth has been modest.

NioCorp Developments Ltd. (NB) reported a net loss of $58.0M for fiscal year 2025.

Dividend & Returns

NioCorp Developments Ltd. (NB) has a return on equity (ROE) of -102.9%. Negative ROE indicates the company is unprofitable.

NioCorp Developments Ltd. (NB) had negative free cash flow of $30.7M in fiscal year 2025, likely due to heavy capital investments.

US Stock Screener

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NioCorp Developments Ltd. (NB) 10-Year Financial Performance & Capital Metrics

NB • • Industrial / General

Basic MaterialsIndustrial MaterialsBattery Metals & Critical MineralsRare Earth & Specialty Battery Metals

Revenue $0
EBITDA -$12M +13.1%
Net Income -$16M -42.6%
EPS (Diluted) -0.36 -16.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -102.87% +77.2%
ROIC -148% +42.8%
Debt/Equity 0.00 -99.9%
Interest Coverage -249.13 -8030.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 94 (top 6%)

✗Weaknesses

✗Shares diluted 31.3% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-466.9%

EPS CAGR

10Y-

5Y-

3Y-

TTM-205.54%

ROCE

10Y Avg-97.66%

5Y Avg-88.96%

3Y Avg-123.08%

Latest-47.8%

Peer Comparison

Rare Earth & Specialty Battery Metals

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
USARUSA Rare Earth Inc	2.34B	16.79	180.15			0.37%	1.47
ELBMElectra Battery Materials Corporation	83.35M	0.89	-0.43			-55.75%	1.12
ABATAmerican Battery Technology Company Common Stock	632.3M	4.87	-4.77		-32.31%	-91.5%	0.11
LZMLifezone Metals Limited	475.89M	5.68	-9.63	-90.49%	-276.31%	-387.04%	0.28
NBNioCorp Developments Ltd.	759.13M	6.36	-17.67			-38.32%	0.00
TMCTMC the metals company Inc.	3.05B	7.38	-29.52
IPXIperionX Limited	1.57B	46.73	-38.94			-38.25%	0.04
MPMP Materials Corp.	11.82B	66.70	-117.02	-19.57%	-50.55%	-4.95%	0.87

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	9K	9K	6K	0	0	0	0	0	4.16M	3K
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	-9K	-9K	-6K	0	0	0	0	0	-4.16M	-3K
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.1%	0%	0.33%	1%	-	-	-	-	-	1%
Operating Expenses+	9.27M	13.76M	6.03M	6.44M	3.43M	4.09M	7.8M	37.41M	9.59M	11.96M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	9.27M	13.76M	6.03M	6.44M	1.7M	2.04M	2.83M	4.9M	3.53M	4.18M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	1.73M	2.05M	4.96M	32.51M	6.06M	7.77M
Operating Income+	-9.28M	-13.77M	-6.04M	-6.44M	-3.43M	-4.09M	-7.8M	-37.41M	-13.76M	-11.96M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.63%	-0.48%	0.56%	-0.07%	0.47%	-0.19%	-0.91%	-3.8%	0.63%	0.13%
EBITDA+	-9.27M	-13.76M	-6.03M	-7.07M	-3.65M	-3.28M	-7.79M	-37.41M	-13.76M	-11.96M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.63%	-0.49%	0.56%	-0.17%	0.48%	0.1%	-1.38%	-3.8%	0.63%	0.13%
D&A (Non-Cash Add-back)	9K	9K	6K	0	0	0	3K	3K	2K	3K
EBIT	-10.89M	-14.34M	-8.12M	-7.07M	-3.65M	-3.28M	-8.06M	-38.28M	-7.55M	-17.93M
Net Interest Income+	0	0	0	0	-354K	-1.54M	-2.83M	-2.34M	-4.49M	46K
Interest Income	0	0	0	0	0	0	0	0	0	94K
Interest Expense	517K	290K	375K	266K	354K	1.54M	2.83M	2.34M	4.49M	48K
Other Income/Expense	-2.13M	-857K	-2.46M	-900K	-569K	-732K	-3.09M	-3.2M	1.72M	-6.02M
Pretax Income+	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.61M	-12.04M	-17.98M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0	0	-304K	-139K	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	0.99%	0.95%	0.91%
Net Income+	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.08M	-11.44M	-16.3M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.51%	-0.28%	0.42%	0.14%	0.45%	-0.21%	-1.26%	-2.68%	0.71%	-0.43%
Net Income (Continuing)	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-40.31M	-11.9M	-17.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	2.1M	1.53M	838K
EPS (Diluted)+	-0.70	-0.78	-0.41	-0.33	-0.17	-0.20	-0.41	-1.40	-0.31	-0.36
EPS Growth %	0.59%	-0.11%	0.47%	0.2%	0.48%	-0.18%	-1.05%	-2.41%	0.78%	-0.16%
EPS (Basic)	-0.70	-0.78	-0.41	-0.33	-0.17	-0.20	-0.41	-1.40	-0.31	-0.36
Diluted Shares Outstanding	16.4M	18.78M	20.73M	22.32M	23.46M	24.2M	26.37M	28.71M	34.32M	45.07M
Basic Shares Outstanding	16.4M	18.78M	20.73M	22.32M	23.46M	24.2M	26.37M	28.71M	34.32M	45.07M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	4.52M	655K	565K	428K	338K	7.34M	5.68M	3.73M	2.93M	26.74M
Cash & Short-Term Investments	4.41M	238K	73K	357K	307K	7.32M	5.28M	2.34M	2.01M	25.55M
Cash Only	4.41M	238K	73K	357K	307K	7.32M	5.28M	2.34M	2.01M	25.55M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	5K	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	265K	474K	0	0	0	0	0	916K	1.18M
Total Non-Current Assets+	10.73M	10.7M	10.66M	10.66M	10.66M	17.13M	17.07M	17.2M	17.14M	17.08M
Property, Plant & Equipment	10.63M	10.62M	10.62M	10.62M	10.62M	17.08M	17.03M	17.16M	17.1M	17.04M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	32K	23K	12K	5K	7K	16K	10K	9K	4K	3K
Other Non-Current Assets	65K	51K	35K	35K	35K	35K	35K	35K	35K	37K
Total Assets+	15.25M	11.35M	11.23M	11.09M	11M	24.47M	22.76M	20.93M	20.07M	43.82M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.32%	-0.26%	-0.01%	-0.01%	-0.01%	1.23%	-0.07%	-0.08%	-0.04%	1.18%
Total Current Liabilities+	2.26M	6.48M	3.93M	5.22M	8.01M	3.92M	5.07M	3.56M	11.96M	1.89M
Accounts Payable	1.26M	0	0	2.58M	2.46M	320K	769K	3.31M	1.77M	1.75M
Days Payables Outstanding	50.94K	-	-	-	-	-	-	-	154.93	212.55K
Short-Term Debt	1M	3.34M	2.24M	2.28M	4.91M	3.44M	4.17M	0	7.66M	0
Deferred Revenue (Current)	0	0	0	0	605K	0	0	0	0	0
Other Current Liabilities	0	3.15M	1.69M	0	-572K	0	0	0	2.37M	0
Current Ratio	2.00x	0.10x	0.14x	0.08x	0.04x	1.87x	1.12x	1.05x	0.24x	14.12x
Quick Ratio	2.00x	0.10x	0.14x	0.08x	0.04x	1.87x	1.12x	1.05x	0.24x	14.12x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	6.8M	1.98M	4.11M	1.01M	344K	7.34M	23K	26.23M	5.57M	12.77M
Long-Term Debt	6.47M	1.9M	4.11M	1.01M	344K	7.23M	0	10.56M	0	0
Capital Lease Obligations	0	0	0	0	0	105K	23K	164K	104K	33K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	330K	82K	0	0	0	0	0	15.51M	5.47M	12.73M
Total Liabilities	9.05M	8.46M	8.04M	6.23M	8.36M	11.26M	5.09M	29.8M	17.54M	14.66M
Total Debt+	7.47M	5.23M	6.34M	3.29M	5.26M	10.85M	4.27M	10.8M	7.86M	131K
Net Debt	3.05M	4.99M	6.27M	2.94M	4.95M	3.53M	-1.01M	8.46M	5.85M	-25.42M
Debt / Equity	1.21x	1.81x	1.99x	0.68x	1.99x	0.82x	0.24x	-	3.10x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-17.94x	-47.49x	-16.09x	-24.20x	-9.69x	-2.65x	-2.76x	-16.01x	-3.06x	-249.13x
Total Equity+	6.19M	2.89M	3.19M	4.85M	2.64M	13.21M	17.66M	-8.87M	2.53M	29.16M
Equity Growth %	0.24%	-0.53%	0.1%	0.52%	-0.46%	4%	0.34%	-1.5%	1.29%	10.51%
Book Value per Share	0.38	0.15	0.15	0.22	0.11	0.55	0.67	-0.31	0.07	0.65
Total Shareholders' Equity	6.19M	2.89M	3.19M	4.85M	2.64M	13.21M	17.66M	-10.97M	1M	28.32M
Common Stock	58.4M	68.03M	74.68M	82.94M	97.68M	113.88M	129.06M	140.42M	163.82M	208.55M
Retained Earnings	-60.22M	-74.85M	-83.35M	-90.69M	-94.69M	-99.51M	-110.4M	-150.48M	-161.91M	-179.32M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-615K	-606K	-520K	-526K	-355K	-1.16M	-993K	-911K	-911K	-911K
Minority Interest	0	0	0	0	0	0	0	2.1M	1.53M	838K

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	-10.97M	-10.67M	-6.09M	-4.36M	-3.05M	-4.73M	-6.15M	-17.3M	-11.73M	-10.66M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	0.37%	0.03%	0.43%	0.29%	0.3%	-0.55%	-0.3%	-1.81%	0.32%	0.09%
Net Income	-11.41M	-14.63M	-8.5M	-7.34M	-4M	-4.82M	-10.89M	-38.53M	-11.9M	-17.98M
Depreciation & Amortization	9K	9K	6K	0	0	0	3K	3K	2K	3K
Stock-Based Compensation	0	0	0	0	153K	797K	1.75M	0	2.88M	789K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	3.58M	2.22M	3.55M	1.78M	180K	395K	2.95M	19.36M	-1.56M	6.84M
Working Capital Changes	-3.14M	1.75M	-1.15M	1.2M	619K	-1.09M	42K	1.88M	-1.15M	-315K
Change in Receivables	8K	-2K	7K	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	419K	2.86M	-1.62M	-48K
Cash from Investing+	-4K	9K	15K	0	0	-6.3M	-16K	21K	0	-7K
Capital Expenditures	-4K	0	0	0	0	-6.3M	-16K	0	0	-5K
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	9K	15K	0	0	0	0	0	0	-2K
Cash from Financing+	14.4M	6.8M	5.69M	4.66M	3M	18.07M	4.3M	14.64M	11.4M	34.21M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-151K	-52K	-663K	-134K	0	-174K	-118K	0	-205K	-4.23M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-10.98M	-10.67M	-6.09M	-4.36M	-3.05M	-11.03M	-6.17M	-17.3M	-11.73M	-10.66M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	0.37%	0.03%	0.43%	0.29%	0.3%	-2.62%	0.44%	-1.8%	0.32%	0.09%
FCF per Share	-0.67	-0.57	-0.29	-0.20	-0.13	-0.46	-0.23	-0.60	-0.34	-0.24
FCF Conversion (FCF/Net Income)	0.96x	0.73x	0.72x	0.59x	0.76x	0.98x	0.56x	0.43x	1.03x	0.65x
Interest Paid	0	0	0	0	0	0	0	0	0	4K
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-203.62%	-322.07%	-279.32%	-182.37%	-106.79%	-60.86%	-70.52%	-911.12%	-451.26%	-102.87%
Return on Invested Capital (ROIC)	-92.72%	-120.58%	-52.18%	-55.97%	-33.47%	-25.22%	-35.01%	-345.39%	-258.91%	-148%
Debt / Equity	1.21x	1.81x	1.99x	0.68x	1.99x	0.82x	0.24x	-	3.10x	0.00x
Interest Coverage	-17.94x	-47.49x	-16.09x	-24.20x	-9.69x	-2.65x	-2.76x	-16.01x	-3.06x	-249.13x
FCF Conversion	0.96x	0.73x	0.72x	0.59x	0.76x	0.98x	0.56x	0.43x	1.03x	0.65x

Frequently Asked Questions

Growth & Financials

NioCorp Developments Ltd. (NB) grew revenue by 0.0% over the past year. Growth has been modest.

NioCorp Developments Ltd. (NB) reported a net loss of $58.0M for fiscal year 2025.

Dividend & Returns

NioCorp Developments Ltd. (NB) has a return on equity (ROE) of -102.9%. Negative ROE indicates the company is unprofitable.

NioCorp Developments Ltd. (NB) had negative free cash flow of $30.7M in fiscal year 2025, likely due to heavy capital investments.