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UROY

Uranium Royalty Corp.

UROY

Uranium Royalty Corp. • NASDAQ
$3.71 ▲ 2.34% (+0.09)
Market Cap $496.47 M
52w High $5.37
52w Low $1.43
Dividend Yield 0%
P/E -371.5
Volume 1.99M
Outstanding Shares 133.64M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $33.212M ▲ $2.237M ▲ $1.525M ▲ 4.592% ▲ $0.01 ▲ $1.526M ▲
Q4-2025 $4.688M ▲ $1.158M ▼ $-1.157M ▲ -24.68% ▲ $-0.009 ▲ $-1.042M ▲
Q3-2025 $4K ▼ $1.748M ▼ $-1.911M ▼ -47.775K% ▼ $-0.015 ▼ $-1.763M ▼
Q2-2025 $10.903M ▲ $2.753M ▲ $-428K ▲ -3.926% ▼ $-0.004 ▲ $-348K ▲
Q1-2025 $0 $2.186M $-2.158M 0% $-0.018 $-2.017M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $49.085M ▲ $298.308M ▲ $1.326M ▲ $296.982M ▲
Q4-2025 $20.192M ▲ $296.069M ▼ $1.177M ▼ $294.892M ▼
Q3-2025 $17.298M ▼ $298.659M ▼ $1.275M ▼ $297.384M ▲
Q2-2025 $20.925M ▲ $300.969M ▲ $20.501M ▲ $280.468M ▲
Q1-2025 $13.235M $275.891M $1.599M $274.292M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $1.466M ▲ $31.217M ▲ $-35.192M ▼ $-11K ▼ $-3.958M ▼ $30.173M ▲
Q4-2025 $-1.157M ▲ $3.351M ▲ $76K ▼ $109K ▲ $3.278M ▲ $3.351M ▲
Q3-2025 $-1.785M ▼ $-2.131M ▲ $132K ▲ $-1.694M ▼ $-3.274M ▼ $-2.131M ▲
Q2-2025 $-396K ▲ $-10.584M ▲ $-6.423M ▼ $24.254M ▲ $7.518M ▲ $-16.785M ▲
Q1-2025 $-2.036M $-12.19M $-5.144M $1.717M $-15.687M $-17.573M

Five-Year Company Overview

Income Statement

Income Statement Uranium Royalty Corp. is still in an early, low-revenue phase. Reported sales are very small, and results swing between tiny profits and small losses from year to year. The business seems close to breakeven on an operating basis, which is encouraging, but earnings are not yet stable or predictable. Given the nature of royalties and exposure to uranium prices, it’s reasonable to expect ongoing volatility in reported earnings until the portfolio is larger and more mature.

Balance Sheet

Balance Sheet The balance sheet has strengthened steadily over the past few years. Total assets and shareholders’ equity have grown meaningfully, while debt is minimal to non‑existent. That gives the company a conservative capital structure and flexibility to pursue new deals. The main watchpoint is that the cash balance itself is not large, so liquidity depends on disciplined spending and access to capital markets or monetization of assets if needed. Overall, it looks like a relatively solid foundation for an asset‑light royalty model.

Cash Flow

Cash Flow Cash flow from operations has consistently been negative, and free cash flow has also been negative each year. The good news is that capital spending needs are low, reflecting the royalty model rather than direct mine ownership. The trade‑off is that the business is not yet self‑funding and still relies on external capital or asset sales to support growth and corporate costs. The key question going forward is whether growing royalty and streaming income can eventually offset these ongoing cash outflows.

Competitive Edge

Competitive Edge Competitively, UROY occupies a very distinctive niche as the first and only pure‑play uranium royalty and streaming company. This gives it a differentiated role versus traditional miners: it offers financing in return for a slice of future production or revenue, without running mines itself. Its portfolio includes interests in some very high‑quality uranium assets and spans multiple projects and jurisdictions, which helps diversify risk. A proprietary database of global uranium projects and deep industry relationships further strengthen its deal‑sourcing edge. The main strategic risks are concentration in a single commodity, dependence on partner operators to advance projects, and exposure to uranium price cycles.

Innovation and R&D

Innovation and R&D Innovation here is about financial and strategic design rather than lab research. UROY’s core innovation is applying the royalty and streaming model—long used in precious metals—to uranium, where it was previously absent. The company also invests in a large internal database of uranium projects, which is a key analytical tool for screening and structuring deals. Its ESG‑focused due diligence framework is another differentiator, aiming to filter for more sustainable and socially acceptable projects. Looking ahead, the company appears focused on innovating through more complex royalty and streaming structures, creative use of its physical uranium holdings, and selective equity or hybrid financings rather than through traditional R&D spending.

Summary

Overall, Uranium Royalty Corp. is a small but increasingly established specialist in uranium royalties, built on a capital‑light, niche business model. The income statement shows that the company is still in a formative stage, with very modest revenues and earnings that hover around breakeven, while cash flows remain negative. On the other hand, the balance sheet is comparatively strong, with growing assets, solid equity, and little to no debt, which provides room to navigate industry cycles. Its first‑mover status in uranium royalties, diversified portfolio of project interests, and data‑driven, ESG‑aware approach create a clear competitive angle. The key uncertainties are the timing and scale of cash flow ramp‑up from its portfolio, the path of uranium prices, and continued access to capital if the current cash burn persists. For anyone following the company, the critical things to watch are growth in royalty income, progress at underlying uranium projects, and how effectively management deploys its balance sheet into new, accretive deals.

NEWS

October 16, 2025 · 6:35 PM UTC

Uranium Royalty Announces Voting Results

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