Nouveau Monde Graphite Inc. (NMG) reported C$3.04M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 15.9% from the year before.

No. Nouveau Monde Graphite Inc. reported a net loss of C$105.18M for fiscal 2025 (ended Dec 31, 2025).

How much cash and debt does NMG have?

Nouveau Monde Graphite Inc. reported C$73.94M in cash and cash equivalents and C$764.0K of debt on its most recent balance sheet in SEC filings.

How fast is NMG revenue growing?

Nouveau Monde Graphite Inc.'s revenue changed -15.9% in fiscal 2025, to C$3.04M. Its compound annual growth rate was +137.7% over 5 years.

What is NMG free cash flow?

Nouveau Monde Graphite Inc. generated -C$55.85M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -C$42.17M less capital expenditures.

What is NMG earnings per share?

Diluted earnings per share were C$0.68 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did NMG last report financial results?

The latest statements here come from Nouveau Monde Graphite Inc.'s 40-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.

Financials · NMG

Nouveau Monde Graphite Inc. (NMG) financials

For fiscal 2025 (ended Dec 31, 2025), Nouveau Monde Graphite Inc. reported C$3.04M of revenue and -C$105.18M of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025: C$3.04M
Revenue growth, YoY: -15.9%
Net income, FY2025: -C$105.18M
Net margin: -3462.0%
Free cash flow, FY2025: -C$55.85M
EPS, diluted, FY2025: C$0.68
Cash: C$73.94M
Total debt: C$764.0K

Annual revenueC$3.04M

FY2020FY2025

Annual net income-C$105.18M

FY2020FY2025

Annual free cash flow-C$55.85M

FY2020FY2025

NMG revenue and earnings growth

NMG revenueFY2025C$3.04M

FY YoY: -15.9%
5Y CAGR: +137.7%

NMG revenue was C$3.04M for fiscal 2025 (ended Dec 31, 2025), down 15.9% from fiscal 2024. Compound annual growth was +137.7% over 5 years. It rose in 4 of the last 5 fiscal years.

NMG net incomeFY2025-C$105.18M

NMG net income was -C$105.18M for fiscal 2025 (ended Dec 31, 2025), compared with -C$73.28M in fiscal 2024.

NMG EPSFY2025C$0.68

NMG diluted EPS was C$0.68 for fiscal 2025 (ended Dec 31, 2025).

NMG free cash flowFY2025-C$55.85M

NMG free cash flow was -C$55.85M for fiscal 2025 (ended Dec 31, 2025), compared with -C$66.01M in fiscal 2024.

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Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
Revenue	C$3.04M	C$3.61M	C$2.70M	C$701.0K	C$327.0K	C$40.0K
Selling, general and admin	C$26.67M	C$24.12M	C$22.70M	C$28.67M	C$24.20M	C$7.77M
Operating income	-C$59.69M	-C$86.28M	-C$55.10M	-C$55.19M	-C$38.48M	-C$16.71M
Interest expense	-	-	-	-	C$1.01M	C$1.26M
Pre-tax income	-C$104.78M	-C$72.89M	-C$55.58M	-C$47.31M	-C$39.49M	-C$17.98M
Income tax	C$400.0K	C$400.0K	C$400.0K	C$400.0K	C$400.0K	C$0
Net income	-C$105.18M	-C$73.28M	-C$55.98M	-C$47.71M	-C$39.89M	-C$17.98M
EPS, basic	C$0.68	C$0.71	C$0.93	C$0.86	-C$0.93	-C$0.68
EPS, diluted	C$0.68	C$0.71	C$0.93	C$0.90	-C$0.93	-C$0.68
Diluted shares	154.0M	103.1M	60.1M	57.1M	43.0M	26.3M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
Cash and equivalents	C$73.94M	C$106.30M	C$36.33M	C$59.92M	C$62.35M	C$4.52M
Receivables	C$518.0K	C$1.01M	C$1.33M	C$3.98M	C$3.10M	C$829.0K
Current assets	C$79.45M	C$114.01M	C$42.93M	C$73.92M	C$74.18M	C$10.42M
Total assets	C$174.44M	C$204.10M	C$123.94M	C$150.07M	C$126.35M	C$21.16M
Current liabilities	C$91.41M	C$46.98M	C$65.61M	C$16.11M	C$15.73M	C$10.59M
Short-term debt	C$265.0K	C$250.0K	C$480.0K	C$225.0K	C$208.0K	-
Long-term debt	C$499.0K	C$764.0K	C$1.28M	C$1.76M	C$1.92M	-
Total debt	C$764.0K	C$1.01M	C$1.76M	C$1.99M	C$2.13M	C$1.79M
Total liabilities	C$94.60M	C$50.44M	C$69.51M	C$77.75M	C$20.65M	C$26.49M
Shareholders' equity	C$79.85M	C$153.66M	C$54.43M	C$72.32M	C$105.69M	-C$5.34M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
Operating cash flow	-C$42.17M	-C$51.95M	-C$39.52M	-C$44.88M	-C$34.33M	-C$18.05M
Capital expenditures	C$13.68M	C$14.05M	C$10.07M	C$26.68M	C$36.98M	C$1.27M
Free cash flow	-C$55.85M	-C$66.01M	-C$49.59M	-C$71.56M	-C$71.31M	-C$19.32M
Investing cash flow	-C$13.68M	-C$14.05M	-C$10.07M	-C$28.00M	-C$34.58M	-C$661.0K
Financing cash flow	C$24.01M	C$135.46M	C$26.29M	C$70.29M	C$125.73M	C$19.15M
Stock-based compensation	C$4.29M	C$3.93M	C$3.06M	C$8.71M	C$6.68M	C$2.03M
Depreciation and amortization	C$7.34M	C$9.09M	C$8.15M	C$4.56M	C$1.09M	C$1.20M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
Revenue growth, YoY	-15.9%	33.8%	284.9%	114.4%	717.5%	-
EPS growth, YoY	-	-	3.3%	-	-	-
Operating margin	-1964.6%	-2389.4%	-2042.4%	-7873.2%	-11768.8%	-41787.5%
Net margin	-3462.0%	-2029.5%	-2075.0%	-6806.6%	-12198.8%	-44945.0%
Free cash flow margin	-1838.3%	-1828.0%	-1838.0%	-10208.1%	-21807.0%	-48295.0%
Return on equity	-131.7%	-47.7%	-102.9%	-66.0%	-37.7%	-
Return on assets	-60.3%	-35.9%	-45.2%	-31.8%	-31.6%	-85.0%
Current ratio	0.87	2.43	0.65	4.59	4.72	0.98
Debt to equity	0.01	0.01	0.03	0.03	0.02	-

Source: XBRL data Nouveau Monde Graphite Inc. files with the SEC, latest filing dated Mar 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

NMG peers

Company	Revenue	Growth	Net income	Net margin	Market cap
NMG	C$3.04M	-15.9%	-C$105.18M	-3462.0%	$274.9M
CCJCameco Corporation	C$3.48B	+11.0%	C$589.58M	16.9%	$31.05B
NXENexgen Energy Ltd.	-	-	-C$309.68M	-	$5.53B
UECUranium Energy Corp.	$37.25M	-44.3%	-$137.31M	-368.6%	$3.43B
ALMAlmonty Industries Inc.	C$32.51M	+12.8%	-C$161.91M	-498.0%	$2.34B
DNNDenison Mines Corp	C$4.92M	+22.2%	-C$217.29M	-4418.2%	$1.98B
IPXIperionX Limited	$1.87M	-15.1%	-$66.77M	-3568.0%	$478.4M
EUenCore Energy Corp.	$55.25M	+24.1%	-$65.22M	-118.1%	$122.1M

NMG FAQ

8 questions

What is NMG revenue?
Nouveau Monde Graphite Inc. (NMG) reported C$3.04M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 15.9% from the year before.
Is NMG profitable?
No. Nouveau Monde Graphite Inc. reported a net loss of C$105.18M for fiscal 2025 (ended Dec 31, 2025).
How much cash and debt does NMG have?
Nouveau Monde Graphite Inc. reported C$73.94M in cash and cash equivalents and C$764.0K of debt on its most recent balance sheet in SEC filings.
How fast is NMG revenue growing?
Nouveau Monde Graphite Inc.'s revenue changed -15.9% in fiscal 2025, to C$3.04M. Its compound annual growth rate was +137.7% over 5 years.
What is NMG free cash flow?
Nouveau Monde Graphite Inc. generated -C$55.85M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -C$42.17M less capital expenditures.
What is NMG earnings per share?
Diluted earnings per share were C$0.68 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did NMG last report financial results?
The latest statements here come from Nouveau Monde Graphite Inc.'s 40-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.
Where does this NMG financial data come from?
Quantisnow builds these statements from the structured XBRL data Nouveau Monde Graphite Inc. files with the SEC. It is provided for information only and is not investment advice.