1.Sales and profit
See section β- Niocorp Developments Ltd lost $48.6M in fiscal 2026.
Niocorp Developments Ltd
NB Nasdaq Metal Mining Financials FY2017βFY2026
Download report
3-page PDF: the company, its results and charts with peers.
Last close Β· Oct 23, 2026
$2.95
0.7%KIRAβs summary AI analyst
Hi! I read Niocorp Developments Ltdβs latest annual report (fiscal 2026). Here is what stands out:
1 to watch
2.Cash and shareholders
See section β- No open-market insider trades in the last 12 months.
Niocorp Developments Ltd in 30 seconds
Good So-so Weak
Weak
Does it make a profit?
β$48.6M
No. It lost money last year.
For information
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2026
Market cap
Last close times the latest diluted share count, so it is approximate.
$346M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
On β$0.41 EPS (TTM)
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Results dates
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Niocorp Developments Ltd did it, and the next one. Share prices often move a lot on those days.
Next results
November 12, 2026
Thursday Β· in 17 days
- Time
- Time not announced
- Covers
- Period ended Sep 30, 2026
- Expected EPS
- β$0.03
- Source
- Earnings calendar
| Date | Results for | Time | Source |
|---|---|---|---|
| Oct 16, 2026 | Period ended Sep 30, 2026 | After the market closes | 8-K β |
| Sep 25, 2026 | Q4 '26 | After the market closes | 10-K β |
| May 14, 2026 | Q3 '26 | After the market closes | 10-Q β |
| Jan 12, 2026 | Q2 '26 | Before the market opens | 8-K β |
| Oct 12, 2025 | Q1 '26 | Time not announced | 8-K β |
| Jul 11, 2025 | Q4 '25 | Time not announced | 8-K β |
| Apr 11, 2025 | Q3 '25 | After the market closes | 8-K β |
| Jan 10, 2025 | Q2 '25 | After the market closes | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
Revenue and margins
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY17
Revenue β
FY18
Revenue β
FY19
Revenue β
FY20
Revenue β
FY21
Revenue $0.2M
FY22
Revenue β
FY23
Revenue β
FY24
Revenue β
FY25
Revenue β
FY26
Revenue β
Margins, % of revenue
FY17
Gross β
Operating β
Net β
FCF β
FY18
Gross β
Operating β
Net β
FCF β
FY19
Gross β
Operating β
Net β
FCF β
FY20
Gross β
Operating β
Net β
FCF β
FY21
Gross β
Operating β
Net β2,319.2%
FCF β
FY22
Gross β
Operating β
Net β
FCF β
FY23
Gross β
Operating β
Net β
FCF β
FY24
Gross β
Operating β
Net β
FCF β
FY25
Gross β
Operating β
Net β
FCF β
FY26
Gross β
Operating β
Net β
FCF β
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Niocorp Developments Ltd lost $48.6M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY17
Net income β$14.6M
FY18
Net income β$8.5M
FY19
Net income β$7.3M
FY20
Net income β$4.0M
FY21
Net income β$4.8M
FY22
Net income β$10.9M
FY23
Net income β$40.3M
FY24
Net income β$11.9M
FY25
Net income β$17.4M
FY26
Net income β$48.6M
Net income
Q1 '24
Net income β$3.4M
Q2 '24
Net income β$3.4M
Q3 '24
Net income β$4.1M
Q4 '24
Net income β$1.3M
Q1 '25
Net income β$2.1M
Q2 '25
Net income β$0.5M
Q3 '25
Net income β$5.3M
Q4 '25
Net income β$9.6M
Q1 '26
Net income β$43.5M
Q2 '26
Net income β$0.6M
Q3 '26
Net income $0.7M
Q4 '26
Net income β$5.9M
Diluted EPS
FY17
Diluted EPS $0.08
FY18
Diluted EPS $0.04
FY19
Diluted EPS $0.03
FY20
Diluted EPS $0.02
FY21
Diluted EPS $0.02
FY22
Diluted EPS β
FY23
Diluted EPS β
FY24
Diluted EPS β$0.31
FY25
Diluted EPS β$0.36
FY26
Diluted EPS β$0.41
Diluted EPS
Q1 '24
Diluted EPS β
Q2 '24
Diluted EPS β
Q3 '24
Diluted EPS β
Q4 '24
Diluted EPS β
Q1 '25
Diluted EPS β
Q2 '25
Diluted EPS β$0.01
Q3 '25
Diluted EPS β$0.11
Q4 '25
Diluted EPS β
Q1 '26
Diluted EPS β
Q2 '26
Diluted EPS $0.00
Q3 '26
Diluted EPS $0.01
Q4 '26
Diluted EPS β
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
FY17
Free cash flow β
FY18
Free cash flow β
FY19
Free cash flow β
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
FY26
Free cash flow β
Cash from operations vs capital spending
FY17
Cash from operations β$10.7M
Capital spending β
FY18
Cash from operations β$6.1M
Capital spending β
FY19
Cash from operations β$4.4M
Capital spending β
FY20
Cash from operations β$3.0M
Capital spending β
FY21
Cash from operations β$4.7M
Capital spending β
FY22
Cash from operations β$6.2M
Capital spending β
FY23
Cash from operations β$17.3M
Capital spending β
FY24
Cash from operations β$11.7M
Capital spending β
FY25
Cash from operations β$10.7M
Capital spending β
FY26
Cash from operations β$15.9M
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q1 '24
Cash from operations β$2.7M
Capital spending β
Q2 '24
Cash from operations β$1.9M
Capital spending β
Q3 '24
Cash from operations β$1.0M
Capital spending β
Q4 '24
Cash from operations β$6.1M
Capital spending β
Q1 '25
Cash from operations β$0.6M
Capital spending β
Q2 '25
Cash from operations β$1.3M
Capital spending β
Q3 '25
Cash from operations β$3.9M
Capital spending β
Q4 '25
Cash from operations β$4.8M
Capital spending β
Q1 '26
Cash from operations β$6.7M
Capital spending β
Q2 '26
Cash from operations β$0.8M
Capital spending β
Q3 '26
Cash from operations β$4.4M
Capital spending β
Q4 '26
Cash from operations β$4.0M
Capital spending β
Cash from operations
Capital spending
Dividends, buybacks and share count
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY17
Dividends β
Buybacks β
FY18
Dividends β
Buybacks β
FY19
Dividends β
Buybacks β
FY20
Dividends β
Buybacks β
FY21
Dividends β
Buybacks β
FY22
Dividends β
Buybacks β
FY23
Dividends β
Buybacks β
FY24
Dividends β
Buybacks β
FY25
Dividends β
Buybacks β
FY26
Dividends β
Buybacks β
Dividends
Buybacks
Diluted shares outstanding (annual)
FY17
Diluted shares 0.19B
FY18
Diluted shares 0.21B
FY19
Diluted shares 0.22B
FY20
Diluted shares 0.23B
FY21
Diluted shares 0.24B
FY22
Diluted shares β
FY23
Diluted shares β
FY24
Diluted shares 0.03B
FY25
Diluted shares 0.05B
FY26
Diluted shares 0.12B
Insider trades
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably Niocorp Developments Ltd can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
FY17
Cash $0.5M
Debt $5.0M
FY18
Cash $0.1M
Debt $6.4M
FY19
Cash $0.4M
Debt $3.5M
FY20
Cash $0.3M
Debt $0.3M
FY21
Cash $7.3M
Debt β
FY22
Cash $5.3M
Debt β
FY23
Cash $2.3M
Debt β
FY24
Cash $2.0M
Debt β
FY25
Cash $25.6M
Debt β
FY26
Cash $415M
Debt β
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.3M | $2.3M | $2.0M | $25.6M | $415M |
| Current ratio | 1.1x | 1.0x | 0.2x | 14.1x | 25.4x |
| Quick ratio | 1.1x | 1.0x | 0.2x | 14.1x | 25.4x |
| Total assets | $22.8M | $20.9M | $20.1M | $43.8M | $467M |
| Total liabilities | $5.1M | $29.8M | $17.5M | $14.7M | $37.1M |
| Shareholders' equity | $17.7M | β$11.0M | $1.0M | $28.3M | $431M |
| Net debt (β = net cash) | β | β | β | β | β |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
FY17
Return on capital β
Return on equity β506.1%
Return on assets β128.9%
FY18
Return on capital β
Return on equity β279.3%
Return on assets β75.3%
FY19
Return on capital β
Return on equity β182.4%
Return on assets β65.8%
FY20
Return on capital β
Return on equity β106.8%
Return on assets β36.2%
FY21
Return on capital β
Return on equity β60.9%
Return on assets β27.2%
FY22
Return on capital β
Return on equity β70.5%
Return on assets β46.1%
FY23
Return on capital β
Return on equity β1,203.6%
Return on assets β184.5%
FY24
Return on capital β
Return on equity β
Return on assets β58.0%
FY25
Return on capital β
Return on equity β118.7%
Return on assets β54.5%
FY26
Return on capital β
Return on equity β21.1%
Return on assets β19.0%
Return on capital
Return on equity
Return on assets
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 7 | 3 / 7 | 3 / 7 | β / 6 | β / 5 | β / 5 | β / 5 | β / 6 | β / 6 |
| Accruals ratio | β34.9% | β21.3% | β26.7% | β8.6% | β0.6% | β20.1% | β105.4% | β0.8% | β21.1% | β12.8% |
| Altman Z'' | β | β | β | β | β | β | β | β | β | β |
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | β | β | β | β | $0.2M | β | β | β | β | β |
| Noninterest income | β | β | β | β | $0.2M | β | β | β | β | β |
| Interest expense | $0.3M | $0.4M | $0.3M | $0.4M | $1.5M | $2.8M | $2.3M | $4.5M | $0.0M | $0.0M |
| Pretax income | β$14.6M | β$8.5M | β$7.3M | β$4.0M | β$4.8M | β$10.9M | β | β$12.0M | β$18.0M | β$50.8M |
| Income tax | β | β | β | β | β | β | β$0.3M | β$0.1M | $0.0M | $0.0M |
| Net income | β$14.6M | β$8.5M | β$7.3M | β$4.0M | β$4.8M | β$10.9M | β$40.3M | β$11.9M | β$17.4M | β$48.6M |
| Net income to common | β | β | β | β | $4.8M | $10.9M | β$40.1M | β$11.4M | β$16.3M | β$47.7M |
| Diluted EPS | $0.08 | $0.04 | $0.03 | $0.02 | $0.02 | β | β | β$0.31 | β$0.36 | β$0.41 |
| Diluted shares | 0.19B | 0.21B | 0.22B | 0.23B | 0.24B | β | β | 0.03B | 0.05B | 0.12B |
| Cash flow | ||||||||||
| Cash from operations | β$10.7M | β$6.1M | β$4.4M | β$3.0M | β$4.7M | β$6.2M | β$17.3M | β$11.7M | β$10.7M | β$15.9M |
| Depreciation and amortization | $0.0M | $0.0M | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M | $0.4M |
| Stock-based compensation | $1.5M | $1.3M | $0.6M | $0.2M | $0.8M | $1.7M | $1.8M | $2.9M | $0.8M | $4.4M |
| Acquisitions | β | β | β | β | β | β | β | β | $0.0M | $8.4M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.5M | $0.1M | $0.4M | $0.3M | $7.3M | $5.3M | $2.3M | $2.0M | $25.6M | $415M |
| Total debt | $5.0M | $6.4M | $3.5M | $0.3M | β | β | β | β | β | β |
| Current assets | $0.7M | $0.6M | $0.4M | $0.3M | $7.3M | $5.7M | $3.7M | $2.9M | $26.7M | $419M |
| Current liabilities | $6.5M | $3.9M | $5.2M | $8.0M | $3.9M | $5.1M | $3.6M | $12.0M | $1.9M | $16.5M |
| Property and equipment, net | $0.0M | β | β | β | $0.8M | $0.9M | $0.8M | $0.8M | $0.8M | $11.6M |
| Goodwill | β | β | β | β | β | β | β | β | $0.0M | $2.2M |
| Intangible assets | β | β | β | β | β | β | β | β | $0.0M | $5.7M |
| Total assets | $11.4M | $11.2M | $11.1M | $11.0M | $24.5M | $22.8M | $20.9M | $20.1M | $43.8M | $467M |
| Total liabilities | $8.5M | $8.0M | $6.2M | $8.4M | $11.3M | $5.1M | $29.8M | $17.5M | $14.7M | $37.1M |
| Shareholders' equity | $2.9M | $3.2M | $4.9M | $2.6M | $13.2M | $17.7M | β$11.0M | $1.0M | $28.3M | $431M |
| Margins | ||||||||||
| Net margin | β | β | β | β | β2,319.2% | β | β | β | β | β |
| Returns | ||||||||||
| Return on equity | β506.1% | β279.3% | β182.4% | β106.8% | β60.9% | β70.5% | β1,203.6% | β | β118.7% | β21.1% |
| Return on assets | β128.9% | β75.3% | β65.8% | β36.2% | β27.2% | β46.1% | β184.5% | β58.0% | β54.5% | β19.0% |
| Return on tangible equity | β506.1% | β266.1% | β151.2% | β151.5% | 36.5% | 61.6% | β | β1,144.0% | β57.6% | β11.3% |
| Growth | ||||||||||
| EPS growth | β | β50.0% | β25.0% | β33.3% | 0.0% | β | β | β | β | β |
| Share count change | β | 10.4% | 7.7% | 5.1% | 3.1% | β | β | β | 31.3% | 160.1% |
| Financial health | ||||||||||
| Debt / equity | 1.7x | 2.0x | 0.7x | 0.1x | β | β | β | β | β | β |
| Current ratio | 0.1x | 0.1x | 0.1x | 0.0x | 1.9x | 1.1x | 1.0x | 0.2x | 14.1x | 25.4x |
| Quick ratio | 0.1x | 0.1x | 0.1x | 0.0x | 1.9x | 1.1x | 1.0x | 0.2x | 14.1x | 25.4x |
| Capital allocation | ||||||||||
| Stock comp / revenue | β | β | β | β | 383.2% | β | β | β | β | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 3.0 | 3.0 | 3.0 | β | β | β | β | β | β |
| Accruals ratio | β34.9% | β21.3% | β26.7% | β8.6% | β0.6% | β20.1% | β105.4% | β0.8% | β21.1% | β12.8% |
Source: SEC EDGAR XBRL filings (CIK 0001512228). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.