The Paladin Energy Ltd (ASX: PDN) share price is in focus after the uranium producer reported quarterly revenue of US$36 million and a narrowed net loss of US$9.9 million for the three months ended 30 September 2025.
What did Paladin Energy report?
- Revenue: US$35.97 million (Q1 FY24: US$43.8 million)
- Net loss after tax: US$9.93 million (Q1 FY24: US$10.40 million)
- Gross profit: US$7.89 million (Q1 FY24: US$3.87 million)
- Cash and cash equivalents: US$249.3 million (up from US$89.0 million at June 2025)
- Total equity: US$976.3 million (up from US$801.6 million at June 2025)
What else do investors need to know?
During the quarter, Paladin Energy completed a substantial equity raising, adding approximately A$300 million through institutional placements across the ASX and Canada, as well as a sale of treasury shares. The funds have strengthened its balance sheet, enabling further development of the Patterson Lake South Project in Canada and supporting the ramp-up phase at the flagship Langer Heinrich Mine in Namibia.
As at 30 September 2025, Paladin reported US$269.3 million in available cash and investments, alongside an undrawn US$50 million revolving debt facility. The company confirmed compliance with all loan covenants. No material changes to commitments or contingencies have been noted, apart from previously disclosed shareholder class actions.
What's next for Paladin Energy?
Looking ahead, Paladin will focus on reaching full operational capacity at Langer Heinrich and advancing the Patterson Lake South Project towards a final investment decision. Funds from the recent capital raise will support both ongoing operations and new exploration activities, with additional share placement proceeds from October 2025 earmarked for working capital and exploration.
Management remains committed to maintaining financial flexibility as the uranium market evolves. The Group will keep investors updated on further production ramp-up milestones, exploration progress, and outcomes related to shareholder class action proceedings.
Paladin Energy share price snapshot
Paladin Energy shares have risen 9% over the past 12 months, slightly outperforming the S&P/ASX 200 Index (ASX: XJO) which has lifted 7% over the same period.
