enCore Energy FY2024 revenue up 163% to $58M but net loss widens to $61.3M; CEO replaced

enCore Energy Corp.

Revenue $58M, up 163% YoY; loss per share $0.34 vs $0.18 prior year.
Net loss of $61.3M, up from $25.6M, driven by increased exploration and SOX compliance costs.
Sold 720,000 lbs U3O8 at avg $81.02/lb; sourced 140,000 lbs from own extraction.
Ended FY2024 with $39.7M cash; 358,408 lbs uranium inventory.
CEO Paul Goranson removed; Robert Willette (CLO) appointed Acting CEO effective March 2, 2025.

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