Westwater Res Financials

WWR

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Westwater Res (WWR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Key Financial Metrics

Revenue

N/A

EBITDA

N/A

Free Cash Flow

-$12.0M

YoY+82.8%

Westwater Res generated -$12.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 82.8% from the prior year.

Net Income

-$12.7M

YoY-63.3%

Westwater Res reported -$12.7M in net income in fiscal year 2024. This represents a decrease of 63.3% from the prior year.

EPS (Diluted)

$-0.22

YoY-46.7%

Westwater Res earned $-0.22 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 46.7% from the prior year.

Cash & Debt

$4.3M

YoY-60.6%

5Y CAGR+18.0%

10Y CAGR-2.6%

Westwater Res held $4.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

65M

YoY+17.0%

5Y CAGR+81.0%

10Y CAGR+40.9%

Westwater Res had 65M shares outstanding in fiscal year 2024. This represents an increase of 17.0% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

$1.2M

YoY-59.9%

Westwater Res invested $1.2M in research and development in fiscal year 2024. This represents a decrease of 59.9% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$6.1M

YoY-89.5%

Westwater Res invested $6.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 89.5% from the prior year.

WWR Income Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY19
Revenue	N/A	N/A	N/A	N/A	N/A	$0
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$1.2M-59.9%	$2.9M+156.3%	$1.1M	N/A	N/A	N/A
SG&A Expenses	$10.0M+2.1%	$9.8M-1.2%	$9.9M+11.6%	$8.9M+56.3%	$5.7M+26.9%	$4.5M
Operating Income	N/A	N/A	N/A	N/A	-$11.2M-78.5%	-$6.3M
Interest Expense	N/A	N/A	N/A	N/A	N/A	$291K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$12.7M-63.3%	-$7.8M+30.3%	-$11.1M+31.1%	-$16.1M+31.5%	-$23.6M-123.1%	-$10.6M
EPS (Diluted)	$-0.22-46.7%	$-0.15+40.0%	$-0.25+49.0%	$-0.49+69.0%	$-1.58	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$370K+34.5%	$275K+51.1%	$182K	N/A	$254K-9.6%	$281K-10.8%	$315K	N/A
SG&A Expenses	$3.5M+10.2%	$3.1M+36.6%	$2.3M	N/A	$2.4M-2.6%	$2.5M-4.5%	$2.6M	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$9.8M-154.2%	-$3.9M-44.6%	-$2.7M	N/A	-$3.1M+18.6%	-$3.8M-31.8%	-$2.9M	N/A
EPS (Diluted)	$-0.12-140.0%	$-0.05-25.0%	$-0.04	N/A	$-0.05+28.6%	$-0.07-40.0%	$-0.05	N/A

WWR Balance Sheet

Metric	FY24	FY24	FY23	FY22	FY21	FY19
Total Assets	$146.4M-2.3%	$149.8M-11.0%	$168.4M+26.6%	$133.0M+114.7%	$61.9M+129.6%	$27.0M
Current Assets	$4.9M-58.1%	$11.6M-84.7%	$76.1M-34.2%	$115.6M+119.8%	$52.6M+2127.4%	$2.4M
Cash & Equivalents	$4.3M-60.6%	$10.9M-85.6%	$75.2M-34.8%	$115.3M+129.1%	$50.3M+2590.6%	$1.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$13.2M+41.0%	$9.4M-64.5%	$26.4M+289.7%	$6.8M+51.9%	$4.5M-55.0%	$9.9M
Current Liabilities	$11.8M+51.3%	$7.8M-69.0%	$25.1M+370.7%	$5.3M+25.2%	$4.3M+2.0%	$4.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$133.1M-5.2%	$140.4M-1.1%	$142.0M+12.5%	$126.2M+119.6%	$57.5M+236.8%	$17.1M
Retained Earnings	-$373.7M-3.5%	-$361.0M-2.2%	-$353.3M-3.3%	-$342.2M-5.0%	-$326.0M-7.8%	-$302.4M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$157.7M+4.8%	$150.5M+2.1%	$147.4M+0.7%	$146.4M+2.0%	$143.5M-0.5%	$144.3M-2.0%	$147.2M-1.8%	$149.8M
Current Assets	$13.4M+83.1%	$7.3M+76.1%	$4.2M-14.5%	$4.9M-14.2%	$5.7M-26.6%	$7.7M+10.5%	$7.0M-39.9%	$11.6M
Cash & Equivalents	$12.9M+92.5%	$6.7M+105.5%	$3.3M-23.6%	$4.3M-6.0%	$4.5M+43.6%	$3.2M-48.4%	$6.1M-43.5%	$10.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.7M+25.3%	$15.7M+25.2%	$12.6M-5.1%	$13.2M+20.8%	$11.0M+17.0%	$9.4M+5.5%	$8.9M-5.4%	$9.4M
Current Liabilities	$18.3M+27.9%	$14.3M+28.8%	$11.1M-5.4%	$11.8M+24.5%	$9.4M+20.9%	$7.8M+7.1%	$7.3M-6.1%	$7.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$138.0M+2.4%	$134.8M-0.1%	$134.9M+1.3%	$133.1M+0.4%	$132.5M-1.8%	$134.9M-2.4%	$138.3M-1.5%	$140.4M
Retained Earnings	-$390.1M-2.6%	-$380.2M-1.0%	-$376.4M-0.7%	-$373.7M-0.8%	-$370.9M-0.8%	-$367.7M-1.0%	-$363.9M-0.8%	-$361.0M

WWR Cash Flow Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY19
Operating Cash Flow	-$5.8M+49.1%	-$11.4M+13.3%	-$13.2M+22.1%	-$16.9M-11.4%	-$15.2M-51.1%	-$10.0M
Capital Expenditures	$6.1M-89.5%	$58.3M+10.4%	$52.8M+1474.4%	$3.4M+4039.5%	$81K	N/A
Free Cash Flow	-$12.0M+82.8%	-$69.7M-5.7%	-$66.0M-225.5%	-$20.3M-32.8%	-$15.3M	N/A
Investing Cash Flow	-$4.6M+92.0%	-$58.3M-10.4%	-$52.8M-2404.3%	-$2.1M+48.6%	-$4.1M-209.3%	$3.8M
Financing Cash Flow	$3.9M-28.0%	$5.4M-79.2%	$25.9M-69.2%	$84.0M+31.4%	$63.9M+861.4%	$6.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$2.3M	N/A	N/A	N/A	-$2.8M	N/A
Capital Expenditures	N/A	N/A	$2.9M	N/A	N/A	N/A	$2.5M	N/A
Free Cash Flow	N/A	N/A	-$5.2M	N/A	N/A	N/A	-$5.3M	N/A
Investing Cash Flow	N/A	N/A	-$2.9M	N/A	N/A	N/A	-$2.5M	N/A
Financing Cash Flow	N/A	N/A	$4.2M	N/A	N/A	N/A	$544K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WWR Financial Ratios

Metric	FY24	FY24	FY23	FY22	FY21	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-8.6%-3.5pp	-5.2%+1.4pp	-6.6%+5.5pp	-12.1%+25.9pp	-38.1%+1.1pp	-39.2%
Current Ratio	0.41-1.1	1.49-1.5	3.04-18.7	21.72+9.3	12.37+11.8	0.57
Debt-to-Equity	0.10+0.0	0.07-0.1	0.19+0.1	0.05-0.0	0.08-0.5	0.58
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-6.2%-3.7pp	-2.6%-0.8pp	-1.8%	N/A	-2.2%+0.5pp	-2.6%-0.7pp	-2.0%	N/A
Current Ratio	0.73+0.2	0.51+0.1	0.37-0.0	0.41-0.2	0.60-0.4	0.99+0.0	0.96-0.5	1.49
Debt-to-Equity	0.14+0.0	0.12+0.0	0.090.0	0.10+0.0	0.08+0.0	0.070.0	0.060.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.41), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Financial Health Signals

Piotroski F-Score Weak

1/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Low Quality

0.46x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

Is Westwater Res profitable?

No, Westwater Res (WWR) reported a net income of -$12.7M in fiscal year 2024.

What is Westwater Res's earnings per share (EPS)?

Westwater Res (WWR) reported diluted earnings per share of $-0.22 for fiscal year 2024. This represents a -46.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Westwater Res's free cash flow?

Westwater Res (WWR) generated -$12.0M in free cash flow during fiscal year 2024. This represents a 82.8% change compared to the previous fiscal year. 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 Westwater Res's operating cash flow?

Westwater Res (WWR) generated -$5.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Westwater Res's total assets?

Westwater Res (WWR) had $146.4M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Westwater Res's capital expenditures?

Westwater Res (WWR) invested $6.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Westwater Res spend on research and development?

Westwater Res (WWR) invested $1.2M in research and development during fiscal year 2024.

How many shares does Westwater Res have outstanding?

Westwater Res (WWR) had 65M shares outstanding as of fiscal year 2024.

What is Westwater Res's current ratio?

Westwater Res (WWR) had a current ratio of 0.41 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Westwater Res's debt-to-equity ratio?

Westwater Res (WWR) had a debt-to-equity ratio of 0.10 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Westwater Res's return on assets (ROA)?

Westwater Res (WWR) had a return on assets of -8.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Westwater Res's cash runway?

Based on fiscal year 2024 data, Westwater Res (WWR) had $4.3M in cash against an annual operating cash burn of $5.8M. This gives an estimated cash runway of approximately 9 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Westwater Res's Piotroski F-Score?

Westwater Res (WWR) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals.

Are Westwater Res's earnings high quality?

Westwater Res (WWR) has an earnings quality ratio of 0.46x, considered low quality (accrual-driven). 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.