Similar companies
Income Statement (CAD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 1.4M | 17.5% |
| Gross Profit | 150,000 | 642.9% |
| Cost of Revenue | 1.2M | 2.1% |
| Operating expense | 24M | 22.2% |
| Net Income | -44M | 47.6% |
Balance Sheet (CAD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 618M | 6.8% |
| Total Liabilities | 96M | 3.1% |
| Total Equity | 522M | 7.5% |
| Shares Outstanding | 896M | 0.4% |
Cash Flow (CAD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -17M | 110.5% |
| Cash from financing | -330,000 | 102.3% |
Financial Highlights for Denison Mines in Q1 '25
Denison Mines reported a revenue of 1.4M, which is a 17.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 150,000, marking a 642.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.2M, a 2.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 24M, showing a 22.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -44M, showing a -47.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Denison Mines faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
