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enCore Energy EU Inventory write-downs

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Other financials

Income statement

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Revenue$18.3M+0.3%
Gross profit-$64.0K-178%
Operating income$10.0M+164%
Net income$5.4M+122%
EPS (diluted)$0.03+123%

Balance sheet

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Cash & equivalents$41.6M+11.0%
Total debt$113.5M+998%
Total equity$254.8M-4.9%
Total assets$451.7M+24.6%

Cash flow

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Operating cash flow-$21.4M-177%
CapEx$454.0K-88.5%
Free cash flow-$21.9M-87.0%

Valuation

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Market cap$254.45M-50.4%
Enterprise value$326.42M-33.9%
P/S5.9×-5.6×

Profitability

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Gross margin22.3%+16.0pp
Operating margin-93%-28.2pp
Net margin-63%-24.4pp
FCF margin-131.1%+20.0pp

Returns & leverage

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Return on equity-10.4%-4.0pp
Debt / equity0.4×+0.4×
Current ratio11.1×+8.1×

Where this comes from

Reported directly by enCore Energy in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: enCore Energy’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is enCore Energy's inventory write-downs?
enCore Energy (EU) reported inventory write-downs of $76K in Q1 2026.
How has enCore Energy's inventory write-downs changed year-over-year?
enCore Energy's inventory write-downs decreased by 51.0% year-over-year, from $155K to $76K.
What does inventory write-downs mean?
Reflects the reduction in the carrying value of inventory when the market value or net realizable value falls below the historical cost. This adjustment signals potential obsolescence, quality issues, or unfavorable market price trends for the company's stored commodities. Investors monitor this to gauge the quality of assets and the accuracy of inventory valuation.