Flagship explainer

How enCore Energy Corp. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$43.2M · 100%Cost of revenue$33.5M · 78%Gross profit$9.7M · 22%Operating income−$65.8M · −152%Income before tax−$63.5M · −147%Income tax−$488000 · −1%Net income−$56.9M · −132%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$43.2M100%
Cost of revenue$33.5M78%
$9.7M22%
−$65.8M−152%
Income before tax−$63.5M−147%
Income tax−$488000−1%
−$56.9M−132%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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