Sector: Energy | Industry: Uranium |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6901 Rockledge Dr, Suite 800 BETHESDA MD 20817 |
Tel: | 1-301-5643399 |
Website: | https://www.centrusenergy.com |
IR: | See website |
Key People | ||
Daniel B. Poneman President, Chief Executive Officer, Director | Amir Vexler Chief Executive Officer | Kevin J. Harrill Chief Financial Officer, Senior Vice President, Treasurer |
John M.A. Donelson Senior Vice President, Chief Marketing Officer | Larry B. Cutlip Senior Vice President - Field Operations |
Business Overview |
Centrus Energy Corp. is a supplier of enriched uranium for nuclear fuel and services for the nuclear power industry. The Company's segments include Low-Enriched Uranium (LEU) and Technical Solutions. Its LEU segment supplies various components of nuclear fuel to commercial customers from its global network of suppliers. The LEU segment includes sales of the SWU component of LEU, sales of both the SWU and uranium components of LEU, and sales of natural uranium. The Company supplies LEU and its components to both domestic and international utilities for use in nuclear reactors worldwide. It provides LEU from multiple sources, including medium and long-term supply contracts, and spot purchases. Its Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. It is deploying uranium enrichment and other capabilities necessary for the production of advanced nuclear fuel to power existing reactors around the world. |
Financial Overview |
For the nine months ended 30 September 2023, Centrus Energy Corp revenues increased 29% to $216.6M. Net income decreased 9% to $28.1M. Revenues reflect LEU Segment increase of 51% to $186.9M. Net income was offset by Other Non Operating I/E decrease from $11.1M (income) to $100K (expense), Selling, general and administrative increase of 12% to $27.4M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $2.12 to $1.86. |
Employees: | 275 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $758.76M as of Sep 30, 2023 |
Annual revenue (TTM): | $342.80M as of Sep 30, 2023 |
EBITDA (TTM): | $58.90M as of Sep 30, 2023 |
Net annual income (TTM): | $47.90M as of Sep 30, 2023 |
Free cash flow (TTM): | $45.70M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 15,526,455 as of Nov 1, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |