CCJ FY 2023 Earnings Report — Cameco Corporation Revenue & Financial Results | Market Cap Arena

Cameco CorporationCCJ

FY 2023 Earnings

Reported March 22, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.4B	—	38.5%
Op. Income	$207M	—	$11M	—	1779.4%
Gross Margin	30.2%	—	12.5%	—	17.7pp
Net Margin	13.9%	—	4.8%	—	9.2pp
EPS (Diluted)	$0.61	—	$0.16	—	277.3%
Free Cash Flow	$391M	—	$118M	—	231.7%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$571M
R&D Expenses	$15M
Selling & Marketing	$0
General & Administrative	$179M
SG&A Expenses	$179M
Other Expenses	$170M
Operating Expenses	$365M
Cost & Expenses	$1.7B
OPERATING INCOME	$207M
Interest Income	$82M
Interest Expense	$56M
Other Income/Expenses	$149M
INCOME BEFORE TAX	$356M
Income Tax Expense	$92M
Net Income from Continuing Ops	$264M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$264M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$264M
D&A	$161M
EBIT	$423M
EBITDA	$584M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$571M
R&D Expenses	$15M
Selling & Marketing	$0
General & Administrative	$179M
SG&A Expenses	$179M
Other Expenses	$170M
Operating Expenses	$365M
Cost & Expenses	$1.7B
OPERATING INCOME	$207M
Interest Income	$82M
Interest Expense	$56M
Other Income/Expenses	$149M
INCOME BEFORE TAX	$356M
Income Tax Expense	$92M
Net Income from Continuing Ops	$264M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$264M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$264M
D&A	$161M
EBIT	$423M
EBITDA	$584M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$264M
Depreciation & Amortization	$161M
Stock-Based Compensation	$3M
Deferred Income Tax	$92M
Other Non-Cash Items	$3M
Change in Working Capital	-$19M
OPERATING CASH FLOW	$503M
Capital Expenditure	-$112M
Acquisitions (Net)	-$2.2B
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$831M
NET CASH FROM INVESTING	-$1.5B
Net Debt Issuance	$595M
Common Stock Repurchased	$0
Common Dividends Paid	-$38M
Other Financing Activities	-$30M
NET CASH FROM FINANCING	$547M
FREE CASH FLOW	$391M
Net Change in Cash	-$422M

Balance Sheet

Item	Amount
Cash & Equivalents	$414M
Short-Term Investments	$0
Net Receivables	$317M
Inventory	$615M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$2.5B
Goodwill	$0
Intangible Assets	$32M
Long-Term Investments	$2.3B
Tax Assets	$652M
Other Non-Current Assets	$449M
TOTAL NON-CURRENT ASSETS	$5.9B
TOTAL ASSETS	$7.3B
Account Payables	$270M
Short-Term Debt	$365M
Deferred Revenue	$0
Other Current Liabilities	$64M
TOTAL CURRENT LIABILITIES	$869M
Long-Term Debt	$939M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$998M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.8B
Common Stock	$2.1B
Additional Paid-In Capital	$158M
Retained Earnings	$2.2B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	-$11M
TOTAL STOCKHOLDERS' EQUITY	$4.5B
Minority Interest	$2.9K
TOTAL EQUITY	$4.5B
TOTAL LIABILITIES & EQUITY	$7.3B
Total Debt	$1.3B
Net Debt	$890M