Nouveau Monde Graphite Inc. (NMG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NMG SEC filings page.
This page shows Nouveau Monde Graphite Inc. (NMG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Nouveau Monde Graphite Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Nouveau Monde Graphite Inc. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
Nouveau Monde Graphite Inc. reported a net loss of $76.7M while operations used $30.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Nouveau Monde Graphite Inc. reported an operating loss of $43.5M against $7K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Nouveau Monde Graphite Inc.'s EBITDA was -$38.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Nouveau Monde Graphite Inc. reported a net loss of $76.7M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Nouveau Monde Graphite Inc. earned $0.50 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.6% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Nouveau Monde Graphite Inc. recorded an outflow of $40.7M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Nouveau Monde Graphite Inc. held $53.9M in cash against $364K in long-term debt as of fiscal year 2025, with $66.7M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Nouveau Monde Graphite Inc.'s ROE was -131.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 84.0 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Nouveau Monde Graphite Inc. invested $10.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
NMG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Operating Income | -$43.5Mn/m | -$59.9Mn/m | -$41.7Mn/m | -$40.8Mn/m | -$30.1Mn/m | -$13.1M |
| EBITDA | -$38.2Mn/m | -$53.6Mn/m | -$35.6Mn/m | -$37.4Mn/m | -$29.3Mn/m | -$12.2M |
| Interest Expense | $7K-32.5% | $10K-99.8% | $5.3M+694.0% | $661K+736.7% | $79K-91.7% | $951K |
| Income Tax | $292K+5.0% | $278K-8.3% | $303K+2.5% | $296K-5.6% | $313Kn/m | $0 |
| Net Income | -$76.7Mn/m | -$50.9Mn/m | -$42.4Mn/m | -$35.3Mn/m | -$31.2Mn/m | -$14.1M |
| EPS (Basic) | $0.50+0.6% | $0.49 | $0.70+10.8% | $0.64n/m | -$0.73 | -$0.53 |
| EPS (Diluted) | $0.50+0.6% | $0.49 | $0.70+5.9% | $0.67n/m | -$0.73 | -$0.53 |
| Diluted Shares (Avg) | 154M+49.4% | 103M | 60M+5.3% | 57M+32.8% | 43M | 26M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
NMG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Total Assets | $127.2M-10.2% | $141.7M+51.0% | $93.9M-15.4% | $110.9M+12.2% | $98.9M+496.1% | $16.6M |
| Current Assets | $57.9M-26.8% | $79.2M+143.5% | $32.5M-40.5% | $54.6M-5.9% | $58.1M+610.8% | $8.2M |
| Cash & Equivalents | $53.9M-26.9% | $73.8M+168.2% | $27.5M-37.9% | $44.3M-9.3% | $48.8M+1276.9% | $3.5M |
| Accounts Receivable | $378K-46.1% | $701K-30.6% | $1.0M-65.7% | $2.9M+21.5% | $2.4M+272.8% | $650K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | $721K |
| Total Liabilities | $69.0M+96.9% | $35.0M-33.5% | $52.7M-8.4% | $57.5M+255.4% | $16.2M-22.2% | $20.8M |
| Current Liabilities | $66.7M+104.3% | $32.6M-34.4% | $49.7M+317.6% | $11.9M-3.3% | $12.3M+48.3% | $8.3M |
| Non-Current Liabilities | $2.3M-3.4% | $2.4M-18.5% | $3.0M-93.5% | $45.6M+1082.1% | $3.9M-69.1% | $12.5M |
| Long-Term Debt | $364K-31.4% | $531K-45.2% | $968K-25.7% | $1.3M-13.3% | $1.5M+145.5% | $612K |
| Total Equity | $58.2M-45.4% | $106.7M+158.8% | $41.2M-22.9% | $53.4M-35.4% | $82.7Mn/m | -$4.2M |
| Retained Earnings | -$291.0Mn/m | -$204.1Mn/m | -$167.1Mn/m | -$121.6Mn/m | -$91.5Mn/m | -$60.4M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
NMG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$30.8Mn/m | -$36.1Mn/m | -$29.9Mn/m | -$33.2Mn/m | -$26.9Mn/m | -$14.2M |
| Depreciation & Amortization | $5.4M-15.2% | $6.3M+2.3% | $6.2M+83.3% | $3.4M+292.9% | $857K-9.1% | $943K |
| Capital Expenditures | $10.0M+2.2% | $9.8M+27.9% | $7.6M-61.3% | $19.7M-31.9% | $28.9M+2808.9% | $995K |
| Free Cash Flow | -$40.7Mn/m | -$45.8Mn/m | -$37.6Mn/m | -$52.9Mn/m | -$55.8Mn/m | -$15.1M |
| Investing Cash Flow | -$10.0Mn/m | -$9.8Mn/m | -$7.6Mn/m | -$20.7Mn/m | -$27.1Mn/m | -$518K |
| Financing Cash Flow | $17.5M-81.4% | $94.1M+372.5% | $19.9M-61.7% | $51.9M-47.2% | $98.4M+555.2% | $15.0M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
NMG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Return on Equity | -131.7%-84.0pp | -47.7%+55.2pp | -102.8%-36.9pp | -66.0%-28.2pp | -37.7% | N/A |
| Return on Assets | -60.3%-24.4pp | -35.9%+9.3pp | -45.2%-13.4pp | -31.8%-0.2pp | -31.6%+53.4pp | -85.0% |
| Current Ratio | 0.87-1.6x | 2.43+1.8x | 0.65-3.9x | 4.59-0.1x | 4.72+3.7x | 0.98 |
| Debt-to-Equity | 0.010.0x | 0.010.0x | 0.020.0x | 0.020.0x | 0.02 | N/A |
| Liabilities-to-Equity | 1.18+0.9x | 0.33-0.9x | 1.28+0.2x | 1.07+0.9x | 0.20 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.87), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nouveau Monde Graphite Inc. NMG | FY2025 | N/A | -$76.7M | N/A | $292.7M | — |
| ioneer Ltd IONR | FY2025 | $0 | -$9.6M | N/A | $220.5M | — |
| Western Copper and Gold Corporation WRN | FY2025 | N/A | -$2.3M | N/A | $386.8M | — |
| NioCorp Developments Ltd. NB | FY2026 | N/A | -$48.6M | N/A | $433.2M | — |
| Largo Inc. LGO | FY2025 | $109.9M | -$68.5M | -62.3% | $47.8M | 23/100 |
Where Nouveau Monde Graphite Inc. Ranks
Frequently Asked Questions
Is Nouveau Monde Graphite Inc. profitable?
No, Nouveau Monde Graphite Inc. (NMG) reported a net loss of $76.7M in fiscal year 2025.
What is Nouveau Monde Graphite Inc.'s EBITDA?
Nouveau Monde Graphite Inc. (NMG) had EBITDA of -$38.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Nouveau Monde Graphite Inc. have?
As of fiscal year 2025, Nouveau Monde Graphite Inc. (NMG) had $53.9M in cash and equivalents against $364K in long-term debt.
What is Nouveau Monde Graphite Inc.'s return on equity (ROE)?
Nouveau Monde Graphite Inc. (NMG) has a return on equity of -131.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nouveau Monde Graphite Inc.'s free cash flow?
Nouveau Monde Graphite Inc. (NMG) recorded an outflow of $40.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nouveau Monde Graphite Inc.'s operating cash flow?
Nouveau Monde Graphite Inc. (NMG) recorded an outflow of $30.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Nouveau Monde Graphite Inc.'s total assets?
Nouveau Monde Graphite Inc. (NMG) had $127.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Nouveau Monde Graphite Inc.'s capital expenditures?
Nouveau Monde Graphite Inc. (NMG) invested $10.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Nouveau Monde Graphite Inc.'s current ratio?
Nouveau Monde Graphite Inc. (NMG) had a current ratio of 0.87 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Nouveau Monde Graphite Inc.'s debt-to-equity ratio?
Nouveau Monde Graphite Inc. (NMG) had a debt-to-equity ratio of 0.01 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Nouveau Monde Graphite Inc.'s liabilities-to-equity ratio?
Nouveau Monde Graphite Inc. (NMG) had a liabilities-to-equity ratio of 1.18 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Nouveau Monde Graphite Inc.'s return on assets (ROA)?
Nouveau Monde Graphite Inc. (NMG) had a return on assets of -60.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nouveau Monde Graphite Inc.'s P/E ratio?
Nouveau Monde Graphite Inc. (NMG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $292.7M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nouveau Monde Graphite Inc.'s price-to-sales ratio?
Nouveau Monde Graphite Inc. (NMG) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $292.7M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nouveau Monde Graphite Inc.'s Piotroski F-Score?
Nouveau Monde Graphite Inc. (NMG) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nouveau Monde Graphite Inc.'s earnings high quality?
Nouveau Monde Graphite Inc. (NMG) reported a net loss of $76.7M while operations used $30.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Nouveau Monde Graphite Inc. cover its interest payments?
Nouveau Monde Graphite Inc. (NMG) reported an operating loss of $43.5M against $7K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.