See more : Value Convergence Holdings Limited (0821.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Rare Element Resources Ltd. (REEMF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rare Element Resources Ltd., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Rare Element Resources Ltd. (REEMF)
About Rare Element Resources Ltd.
Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.00K | 38.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 102.00K | 1.00K | 30.00K | 5.00K | 5.00K | 14.00K | 18.00K | 38.00K | 118.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -102.00K | -1.00K | -30.00K | -5.00K | -5.00K | -14.00K | 0.00 | 0.00 | -118.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 80.81K | 119.69K | 78.33K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.83M | 5.21M | 3.11M | 1.82M | 979.00K | 1.07M | 1.18M | 2.61M | 4.04M | 4.95M | 6.62M | 11.91M | 9.39M | 1.55M | 896.18K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 8.24M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 11.07M | 5.21M | 3.11M | 1.82M | 979.00K | 1.07M | 1.18M | 2.61M | 4.04M | 4.95M | 6.62M | 11.91M | 9.39M | 1.55M | 896.18K | 968.94K | 736.94K | 446.56K | 182.34K | 185.00K | 38.61K | 23.62K |
| Other Expenses | 0.00 | 4.16M | 2.09M | 1.35M | 1.15M | -16.00K | -16.00K | 19.00K | 5.19M | 8.77M | 14.32M | 18.48M | 8.55M | 6.90K | 294.75K | 2.12K | 191.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 11.07M | 9.36M | 5.20M | 3.17M | 2.13M | 2.33M | 1.10M | 3.00M | 9.23M | 13.71M | 20.94M | 30.40M | 18.02M | 1.67M | 1.27M | 971.05K | 737.13K | 446.56K | 182.34K | 185.00K | 38.61K | 23.62K |
| Cost & Expenses | 11.07M | 9.36M | 5.23M | 3.18M | 2.13M | 2.35M | 1.11M | 3.04M | 9.23M | 13.71M | 20.94M | 30.40M | 18.02M | 1.67M | 1.27M | 971.05K | 737.13K | 446.56K | 182.34K | 185.00K | 38.61K | 23.62K |
| Interest Income | 447.00K | 258.00K | 25.00 | 27.00K | 40.00K | 58.00K | 4.00K | 0.00 | 28.00K | 76.00K | 232.00K | 627.00K | 631.56K | 40.16K | 32.58K | 29.79K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 193.00 |
| Interest Expense | 0.00 | 323.00K | 25.00K | 80.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.26K | 2.42K | 1.58K | 1.02K | 715.00 | 380.00 | 7.48K | 0.00 | 996.00 |
| Depreciation & Amortization | 102.00K | 100.00K | 30.00K | 5.00K | 5.00K | 14.00K | 18.00K | 38.00K | 118.00K | 210.00K | 197.00K | 171.00K | 37.63K | 6.90K | 2.40K | 2.12K | 191.00 | 11.13K | -52.40K | 0.00 | 0.00 | 0.00 |
| EBITDA | -8.89M | -9.33M | -5.35M | -3.22M | -1.51M | -2.33M | -1.10M | -3.39M | -9.11M | -13.50M | -20.74M | -15.34M | 0.00 | -16.62M | -1.69M | -1.25M | -850.17K | -750.28K | -457.69K | -145.00K | -185.45K | -23.62K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -7,605.56% | -6,823.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -11.07M | -9.10M | -5.35M | -3.18M | -2.80M | -2.89M | -1.11M | -3.45M | -9.23M | -13.71M | -20.94M | -31.34M | -18.02M | -1.73M | -1.27M | -971.05K | -741.97K | -446.56K | -174.95K | -185.00K | -38.61K | -23.62K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -6,188.89% | -9,065.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 2.07M | -165.00K | -199.00K | -58.00K | 692.00K | 570.00K | 468.00K | -1.38M | -566.00K | -525.00K | -1.50M | 1.76M | 1.36M | 1.36M | -421.96K | -283.14K | -111.90K | -304.94K | -283.45K | 39.91K | -153.86K | 0.00 |
| Income Before Tax | -9.00M | -9.43M | -5.40M | -3.23M | -1.43M | -1.76M | -853.00K | -3.43M | -9.68M | -14.03M | -22.25M | -29.36M | -16.66M | -1.79M | -1.29M | -882.07K | -760.16K | -457.69K | -129.93K | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4,738.89% | -9,015.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 323.00K | -89.00K | -27.00K | -709.00K | -1.13M | -534.00K | 795.00K | 924.00K | 706.00K | 2.85M | -1.45M | -2.09M | 72.83K | -2.41K | -207.76K | 31.54K | 11.13K | -30.25K | -1.00 | -1.13K | -194.00 |
| Net Income | -9.00M | -9.75M | -5.31M | -3.20M | -724.00K | -1.76M | -853.00K | -3.43M | -9.68M | -14.03M | -22.25M | -29.36M | -16.66M | -1.69M | -1.25M | -853.87K | -751.50K | -458.41K | -145.08K | -192.47K | -37.48K | -24.42K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4,738.89% | -9,015.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.04 | -0.05 | -0.03 | -0.02 | 0.00 | -0.01 | -0.01 | -0.04 | -0.10 | -0.16 | -0.26 | -0.36 | -0.24 | -0.03 | -0.03 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| EPS Diluted | -0.04 | -0.05 | -0.03 | -0.02 | 0.00 | -0.01 | -0.01 | -0.04 | -0.10 | -0.16 | -0.26 | -0.36 | -0.24 | -0.03 | -0.03 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| Weighted Avg Shares Out | 212.69M | 212.48M | 173.49M | 179.04M | 167.45M | 145.22M | 108.58M | 95.77M | 93.48M | 87.04M | 84.47M | 81.34M | 70.40M | 53.69M | 43.92M | 41.91M | 37.24M | 29.82M | 26.09M | 21.27M | 4.75M | 4.75M |
| Weighted Avg Shares Out (Dil) | 212.69M | 212.48M | 173.49M | 179.04M | 167.45M | 145.22M | 108.58M | 95.77M | 93.48M | 87.04M | 84.47M | 81.34M | 70.40M | 53.69M | 43.92M | 41.91M | 37.24M | 29.82M | 26.09M | 21.27M | 4.75M | 4.75M |
Rare Element Resources Receives Final Approval Required to Commence Operations of Rare Earth Demonstration Plant in Wyoming
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce it has received the U.S. Nuclear Regulatory Commission (the “NRC”) operations approval under the previously issued license. This final approval, which was required for...
Rare Element Resources Receives DOE Operations Approval and Additional Funding Commitment for Rare Earth Demonstration Plant in Wyoming
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that the U.S. Department of Energy's (the “DOE”) Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice...
Rare Element Resources Announces Appointment of Ken Mushinski as President and Chief Executive Officer
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce the appointment of Ken Mushinski as its President and Chief Executive Officer. Mr. Mushinski, a former member of the Board of Directors for the...
Rare Element Resources Announces Results of Oversubscribed Rights Offering of Common Shares
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to report that its previously announced rights offering of common shares was oversubscribed and generated approximately US$35.8 million in gross proceeds. Because the rights offering, which...
Rare Element Resources Announces Updated Mineral Resource for the Bear Lodge Project Focused on Key Magnet Materials
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that it has completed a new mineral resource estimate based on maximizing the recovery of the key magnet materials of neodymium (Nd), praseodymium (Pr),...
Rare Element Resources Announces Commencement of Rights Offering of Common Shares
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources announces the commencement of the previously announced rights offering of common shares.
Rare Element Resources to Participate in the National Defense Industrial Association (NDIA) Mine-to-Magnet Workshop in Bethesda, MD
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) announces that it was invited to participate in the first annual Mine-To-Magnet Workshop held by the NDIA and sponsored by Lockheed Martin. The event will be held on...
Rare Element Resources Announces Plans for Management Change
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) announces that its President and Chief Executive Officer Brent Berg, has notified the Company that he will resign his position effective April 2, 2024, or earlier at the...
Rare Element Resources Receives DOE Approval to Proceed with Construction of Rare Earth Processing and Separation Demonstration Plant
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources announces U.S. Dep. of Energy's continuation approval allowing full construction activities for rare earth demonstration plant.
Rare Element Resources Announces Intent to Launch Rights Offering of Common Shares
LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources is pleased to announce intent to launch a rights offering with proceeds planned to advance the Bear Lodge Rare Earth Project.
Source: https://incomestatements.info
Category: Stock Reports