WSTRF · Western Uranium & Vanadium Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.4K | - | $328.4K | $30.5K | $41.2K | - | $53.0K | $39.8K | $54.3K | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $673.2K | - | $519.3K | $545.4K | $732.1K | - | $813.4K | $824.9K | $966.2K | - |
| Total Operating Expenses | $1.66M | - | $1.50M | $2.01M | $2.71M | - | $2.35M | $2.75M | $2.58M | - |
| D&A | $219.3K | - | $210.2K | $151.0K | $196.4K | - | - | - | $113.3K | - |
| Operating Income | ($1.63M) | - | ($1.17M) | ($1.98M) | ($2.67M) | - | ($2.30M) | ($2.71M) | ($2.53M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($1.60M) | - | ($1.12M) | ($1.97M) | ($2.64M) | - | ($2.24M) | ($2.63M) | ($2.48M) | - |
| EPS - Basic | ($0.02) | - | ($0.02) | ($0.03) | ($0.04) | - | ($0.04) | ($0.05) | ($0.05) | - |
| EPS - Diluted | ($0.02) | - | ($0.02) | ($0.03) | ($0.04) | - | ($0.04) | ($0.05) | ($0.05) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.55M | $5.62M | $3.19M | $4.44M | $2.77M | $5.48M | $6.65M | $8.82M | $11.53M | $9.22M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $569.2K | $545.6K | $465.5K | $574.8K | $400.4K | $515.5K | $499.7K | $626.1K | $504.9K | $562.8K |
| Current Assets | $5.05M | $6.15M | $3.87M | $4.84M | $3.24M | $5.99M | $7.01M | $9.11M | $11.99M | $9.81M |
| Total Assets | $33.13M | $34.45M | $32.00M | $33.14M | $31.49M | $33.92M | $32.91M | $34.96M | $37.37M | $34.90M |
| Current Liabilities | $809.3K | $762.5K | $736.7K | $824.3K | $687.6K | $747.1K | $838.5K | $845.6K | $809.3K | $836.2K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.21M | $4.14M | $4.11M | $4.21M | $4.05M | $4.10M | $4.16M | $4.14M | $4.09M | $4.13M |
| Stockholders' Equity | $28.92M | $30.30M | $27.89M | $28.93M | $27.44M | $29.82M | $28.75M | $30.83M | $33.28M | $30.77M |
| Retained Earnings | ($37.71M) | ($36.11M) | ($34.66M) | ($33.54M) | ($31.57M) | ($28.93M) | ($26.16M) | ($23.92M) | ($21.29M) | ($18.82M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.04M) | - | - | - | ($2.19M) | - | - | - | ($1.76M) | - |
| Investing Cash Flow | ($1.0K) | - | - | - | ($166.5K) | - | - | - | ($403.4K) | - |
| Financing Cash Flow | - | - | - | - | - | - | - | - | $4.61M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -5961.5% | - | -356.8% | -6485.6% | -6474.3% | - | -4344.3% | -6817.7% | -4656.0% | - |
| EBITDA margin | -5159.7% | - | -292.8% | -5990.5% | -5997.9% | - | - | - | -4447.2% | - |
| Net margin | -5852.9% | - | -341.8% | -6452.3% | -6398.7% | - | -4230.1% | -6599.9% | -4563.8% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 2461.2% | - | 158.1% | 1787.6% | 1776.0% | - | 1535.3% | 2073.5% | 1780.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.8% | - | -3.5% | -5.9% | -8.4% | - | -6.8% | -7.5% | -6.6% | - |
| Return on equity | -5.5% | - | -4.0% | -6.8% | -9.6% | - | -7.8% | -8.5% | -7.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 6.23 | 8.06 | 5.26 | 5.87 | 4.72 | 8.01 | 8.36 | 10.77 | 14.81 | 11.73 |
| Quick ratio | 6.23 | 8.06 | 5.26 | 5.87 | 4.72 | 8.01 | 8.36 | 10.77 | 14.81 | 11.73 |
| Cash ratio | 5.63 | 7.37 | 4.33 | 5.39 | 4.03 | 7.34 | 7.93 | 10.43 | 14.24 | 11.02 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.15 | 1.14 | 1.15 | 1.15 | 1.15 | 1.14 | 1.14 | 1.13 | 1.12 | 1.13 |
| Liabilities / Assets | 0.13 | 0.12 | 0.13 | 0.13 | 0.13 | 0.12 | 0.13 | 0.12 | 0.11 | 0.12 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.01 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 1.3x | - | 1.9x | 1.2x | 1.9x | - | 2.7x | - | - | - |
| P / S | 1355.6x | - | 158.1x | 1172.0x | 1260.6x | - | 1438.4x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -33.6% | - | 519.8% | -23.3% | -24.0% | - | -40.6% | -99.4% | -67.3% | - |
| Revenue CAGR (3y) | -45.2% | - | 44.6% | -83.9% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 38.9% | - | 49.1% | 27.0% | -5.6% | - | -109.3% | -139.7% | -121.6% | - |
| Net income growth (YoY) | 39.3% | - | 49.9% | 25.0% | -6.5% | - | -111.4% | -143.9% | -124.5% | - |
| EPS growth (YoY) | 50.0% | - | 50.0% | 40.0% | 20.0% | - | -100.0% | -150.0% | -66.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.4% | 1.6% | -3.0% | -6.1% | -17.5% | -3.1% | 6.7% | 12.2% | 17.1% | 5.2% |
Peer comparison
Same SIC group: Miscellaneous Metal Ores
Comparing Western Uranium & Vanadium Corp. against the 5 most active filers in the same SIC group.