American Battery Technology vs Ur-energy
Ur-energy is the larger business, with $27.2m of revenue in fiscal 2025 against $21.7m for American Battery Technology (1.3 times as much). American Battery Technology grew faster (406.8% against -19.3%). Ur-energy kept more of each dollar of sales as profit: a net margin of -275.3% against -337.5%.
| Latest fiscal year | American Battery TechnologyABAT, 2026 | Ur-energyURG, 2025 |
|---|---|---|
| Revenue | $21.7m | $27.2m |
| Revenue growth | 406.8% | -19.3% |
| Net income | −$73.4m | −$74.9m |
| Operating margin | -343.6% | — |
| Net margin | -337.5% | -275.3% |
| Return on equity | -74.5% | -71.2% |
| Free cash flow | −$36.3m | −$66.7m |
| Cash | $49.5m | $124m |
| Total debt | $0 | $66.4m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $176m | $278m |
| Price vs our value range | — | — |
| Moat score | — | 13 (Weak) |
| Insider trades, 12 months | 0 buys, 7 sales | 7 buys, 12 sales |