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NNE

Nano Nuclear Energy Inc

NNE

Nano Nuclear Energy Inc • NASDAQ
$32.70 ▲ 6.03% (+1.86)
Market Cap $1.36 B
52w High $60.87
52w Low $17.26
Dividend Yield 0%
P/E -34.42
Volume 980.17K
Outstanding Shares 41.58M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $9.392M ▼ $-7.595M ▲ 0% $-0.19 ▲ $-8.802M ▲
Q2-2025 $0 $22.488M ▲ $-21.309M ▼ 0% $-0.57 ▼ $-22.3M ▼
Q1-2025 $0 ▼ $3.924M ▼ $-3.113M ▼ 0% ▲ $-0.092 ▼ $-3.336M ▼
Q4-2024 $84.03K ▲ $10.569B ▲ $-2.492M ▲ -2.966K% ▼ $-0.091 ▲ $-2.439M ▲
Q3-2024 $0 $4.279M $-4.668M 0% $-0.17 $-4.279M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $210.182M ▲ $231.532M ▲ $5.221M ▼ $226.311M ▲
Q2-2025 $118.55M ▼ $138.816M ▲ $6.789M ▲ $132.026M ▲
Q1-2025 $123.268M ▲ $134.142M ▲ $4.085M ▲ $130.057M ▲
Q4-2024 $28.507M ▲ $35.096M ▲ $3.489M ▲ $31.607M ▲
Q3-2024 $13.79M $16.428M $3.424M $13.003M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-7.595M ▲ $-9.093M ▼ $-175.628K ▲ $100.9M ▲ $91.632M ▲ $-9.268M ▲
Q2-2025 $-24.419B ▼ $-2.378M ▲ $-9.141M ▼ $6.802M ▼ $-4.717M ▼ $-9.244B ▼
Q1-2025 $-3.113M ▼ $-3.243M ▼ $-3.56M ▲ $101.563M ▲ $94.76M ▲ $-3.243M ▲
Q4-2024 $-2.492M ▲ $-2.51M ▲ $-3.7M ▼ $20.928M ▲ $14.718M ▲ $-4.21M ▼
Q3-2024 $-4.668M $-2.545M $0 $10.379M $7.835M $-2.545M

Five-Year Company Overview

Income Statement

Income Statement Nano Nuclear is still in a pure development phase, with essentially no commercial revenue so far. The income statement shows rising operating losses as the company begins to build out its team, technology, and infrastructure. Earlier years looked almost dormant; the most recent year reflects a real step-up in spending. This pattern is typical for an early-stage, research-heavy company, but it also means results are entirely driven by costs, not by sales. Profitability is not in sight yet and will depend on successful licensing, commercialization, and customer adoption years down the line.

Balance Sheet

Balance Sheet The balance sheet is very small and simple. The company holds a modest amount of cash and total assets, funded mainly by shareholder equity rather than debt. There is effectively no financial leverage, which reduces interest burden but also signals that equity financing has been the primary lifeline. The tiny asset base underlines how early-stage the business still is; there is not yet a large pool of physical assets or long-lived infrastructure on the books. Future growth will likely require repeated capital raises to scale facilities, fuel operations, and reactor development.

Cash Flow

Cash Flow Cash flows are negative from operations, reflecting payroll, R&D, and corporate costs without any offsetting revenue. Investment spending is still minimal, suggesting the company is mostly in planning, design, and early prototyping rather than heavy construction. Free cash flow is therefore negative but not yet driven by large capital projects. The key risk is that the business will depend heavily on external funding—equity or partnerships—to sustain development until it can secure contracts or long-term offtake agreements.

Competitive Edge

Competitive Edge Nano Nuclear is trying to carve out a distinctive position rather than compete only as another reactor designer. Its focus on microreactors, portability, and modularity targets niche but potentially fast-growing markets such as remote sites, data centers, military uses, and disaster relief. The company’s vertical integration plan—covering fuel fabrication, fuel logistics, and reactors—could become a meaningful differentiator if executed well, offering customers a more complete solution. However, it faces strong competition from more advanced players in licensing, as well as large incumbents and government-backed programs. Regulatory timelines, safety proof, and customer trust are all major hurdles that can shift the competitive balance over time.

Innovation and R&D

Innovation and R&D Innovation is the heart of the story. The company is developing several reactor families: a solid-core “battery” reactor for transportable use, a low-pressure design that has already attracted partner interest, and a stationary high-temperature system aimed at industrial-scale projects. It is also branching into advanced fuel (HALEU) production, specialized fuel transportation, and even space-oriented microreactors. All of this points to an ambitious, highly innovative roadmap. At the same time, most projects are at early to mid-development stages, with licensing, prototyping, and demonstration still ahead. Technical, regulatory, and execution risks remain very high, and timelines are likely to be long and uncertain.

Summary

Nano Nuclear is a pre-revenue, early-stage nuclear technology company with a bold and expansive vision: portable and stationary microreactors, vertically integrated fuel solutions, and even space power systems. Financially, it is small, loss-making, and funded mainly by equity, with limited assets and negative cash flow from development activities. The strategic upside lies in its integrated approach and focus on high-need use cases like remote power and data centers. The main risks are long development lead times, demanding safety and regulatory requirements, intense competition, and ongoing dependence on external capital. The company’s future will largely be determined by its ability to turn today’s R&D pipeline and partnerships into licensed, operating systems and recurring revenue years from now.

NEWS

November 24, 2025 · 8:00 AM UTC

NANO Nuclear Announces 1 GW Feasibility Study with BaRupOn LLC., a Technology-Driven American Manufacturing Company

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November 24, 2025 · 7:59 AM UTC

NANO Nuclear Announces 1 GW Feasibility Study with BaRupOn LLC., a Technology Driven American Manufacturing Company

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November 19, 2025 · 8:00 AM UTC

NANO Nuclear Completes Initial Full-System Testing of its Patent-Pending, Proprietary Annular Linear Induction Pump Technology, Validating Key Design Features Designed for Long-Term Operational Durability

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November 19, 2025 · 7:59 AM UTC

NANO Nuclear Completes Initial Full-System Testing of its Patent-Pending, Proprietary Annular Linear Induction Pump Technology Validating Key Design Features Designed for Long-Term Operational Durability

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October 31, 2025 · 6:30 AM UTC

NANO Nuclear Senior Executives to Present at Upcoming November Nuclear Industry Conferences Including ADIPEC 2025, the World's Largest Energy Conference

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