Rare Element Resources Ltd. (REEMF)

Rare Element Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Selling, General & Admin	2.81	2.67	2.83	5.11	3.11
Operating Expenses	5.9	21.3	11.17	9.36	5.23
Operating Income	-5.9	-21.3	-11.17	-9.36	-5.23
Interest Expense	-0.02	-0.03	-0.03	-0.04	-0.03
Interest & Investment Income	1.01	1.18	0.48	0.26	-
Other Non Operating Income (Expenses)	-	1.7	1.72	-0.28	-0.11
EBT Excluding Unusual Items	-4.91	-18.45	-9.01	-9.43	-5.37
Gain (Loss) on Sale of Assets	-	0	0.01	-	-
Asset Writedown	-	-	-	-	-0.03
Other Unusual Items	0.01	-	-	-	-
Pretax Income	-4.9	-18.45	-9	-9.43	-5.4
Net Income	-4.9	-18.45	-9	-9.43	-5.4
Net Income to Common	-4.9	-18.45	-9	-9.43	-5.4
Shares Outstanding (Basic)	516	498	257	212	173
Shares Outstanding (Diluted)	516	498	257	212	173
Shares Change (YoY)	3.61%	93.78%	20.99%	22.47%	3.41%
EPS (Basic)	-0.01	-0.04	-0.03	-0.04	-0.03
EPS (Diluted)	-0.01	-0.04	-0.03	-0.04	-0.03
Free Cash Flow	-7.41	-12.19	-11.72	-9.4	-2.84
Free Cash Flow Per Share	-0.01	-0.02	-0.05	-0.04	-0.02
EBITDA	-5.86	-21.29	-10.89	-9.36	-5.23
D&A For EBITDA	0.03	0.01	0.29	0	0.01
EBIT	-5.9	-21.3	-11.17	-9.36	-5.23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.