CCJ FY 2024 Earnings Report — Cameco Corporation Revenue & Financial Results | Market Cap Arena

Cameco CorporationCCJ

FY 2024 Earnings

Reported March 21, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$2.3B	—	$1.9B	—	21.2%
Op. Income	$373M	—	$207M	—	80.3%
Gross Margin	33.9%	—	30.2%	—	3.7pp
Net Margin	5.5%	—	13.9%	—	-8.5pp
EPS (Diluted)	$0.29	—	$0.61	—	-53.0%
Free Cash Flow	$507M	—	$391M	—	29.8%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.5B
GROSS PROFIT	$777M
R&D Expenses	$27M
Selling & Marketing	$14M
General & Administrative	$185M
SG&A Expenses	$199M
Other Expenses	$178M
Operating Expenses	$404M
Cost & Expenses	$1.9B
OPERATING INCOME	$373M
Interest Income	$16M
Interest Expense	$81M
Other Income/Expenses	-$185M
INCOME BEFORE TAX	$188M
Income Tax Expense	$62M
Net Income from Continuing Ops	$126M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$126M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$126M
D&A	$230M
EBIT	$347M
EBITDA	$577M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.5B
GROSS PROFIT	$777M
R&D Expenses	$27M
Selling & Marketing	$14M
General & Administrative	$185M
SG&A Expenses	$199M
Other Expenses	$178M
Operating Expenses	$404M
Cost & Expenses	$1.9B
OPERATING INCOME	$373M
Interest Income	$16M
Interest Expense	$81M
Other Income/Expenses	-$185M
INCOME BEFORE TAX	$188M
Income Tax Expense	$62M
Net Income from Continuing Ops	$126M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$126M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$126M
D&A	$230M
EBIT	$347M
EBITDA	$577M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$126M
Depreciation & Amortization	$232M
Stock-Based Compensation	$36M
Deferred Income Tax	$0
Other Non-Cash Items	$322M
Change in Working Capital	-$54M
OPERATING CASH FLOW	$662M
Capital Expenditure	-$155M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$151M
Net Debt Issuance	-$399M
Common Stock Repurchased	$0
Common Dividends Paid	-$51M
Other Financing Activities	-$65M
NET CASH FROM FINANCING	-$503M
FREE CASH FLOW	$507M
Net Change in Cash	$25M

Balance Sheet

Item	Amount
Cash & Equivalents	$439M
Short-Term Investments	$0
Net Receivables	$226M
Inventory	$711M
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$2.4B
Goodwill	$0
Intangible Assets	$29M
Long-Term Investments	$2.4B
Tax Assets	$616M
Other Non-Current Assets	$435M
TOTAL NON-CURRENT ASSETS	$5.8B
TOTAL ASSETS	$7.2B
Account Payables	$95M
Short-Term Debt	$210M
Deferred Revenue	$0
Other Current Liabilities	$292M
TOTAL CURRENT LIABILITIES	$867M
Long-Term Debt	$729M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$987M
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$2.6B
Common Stock	$2.1B
Additional Paid-In Capital	$154M
Retained Earnings	$2.3B
Treasury Stock	$0
Accum. Other Comp. Income	$87M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.7B
Minority Interest	$19.0K
TOTAL EQUITY	$4.7B
TOTAL LIABILITIES & EQUITY	$7.2B
Total Debt	$947M
Net Debt	$508M