Executive Summary
Liberty Star Uranium & Metals Corp (LBSR) reported QQ1 2025 results with no recorded quarterly revenue and an overall operating loss of approximately $0.52 million. Net income of about $0.31 million was weeded from a substantial non-operating gain of $0.83 million, highlighting the quarter’s reliance on non-core items to generate reported profitability. The company faced meaningful liquidity and solvency challenges: cash and cash equivalents stood at $11,386, current liabilities exceeded current assets by a wide margin, and total stockholders’ equity remained deeply negative at approximately $-2.56 million. Net cash provided by operating activities was negative at about $0.44 million, contributing to a cumulative free cash flow of roughly $-0.44 million for the quarter. The balance sheet shows a heavily leveraged position with short-term debt of $813,524 and total debt of $845,924, underscoring near-term liquidity risk even as the firm carries non-current investments and property, plant, and equipment. Given the exploration-centric business model, the Hay Mountain property remains the principal strategic asset, with potential upside contingent on successful resource delineation, strategic partnerships, or alternative financing to fund ongoing exploration and potential value realization. Absent a material revenue contribution or a credible financing/partnership milestone, the stock remains a high-risk, high-variance opportunity in the Basic Materials space.
Key Performance Indicators
QoQ: 48.76% | YoY:-284.51%
QoQ: 108.88% | YoY:361.66%
QoQ: 108.81% | YoY:162.00%
Key Insights
Revenue: not reported for QQ1 2025; Gross Profit: -$1,617; Operating Income: -$519,090; Net Income: $311,381; EPS (diluted): $0.005; Weighted Average Shares: 49,867,529; EBITDA: -$517,469.00; Cash from Operations: -$435,713; Free Cash Flow: -$435,713; Cash at End of Period: $11,386.00. Balance sheet highlights: Total Assets $166,792; Total Liabilities $2,722,734; Total Stockholders’ Equity $-2,555,942; Cash and Short-Term Investments $11,386; Short-Term Debt $813,524; Total Debt $845,924; Defe...
Financial Highlights
Revenue: not reported for QQ1 2025; Gross Profit: -$1,617; Operating Income: -$519,090; Net Income: $311,381; EPS (diluted): $0.005; Weighted Average Shares: 49,867,529; EBITDA: -$517,469.00; Cash from Operations: -$435,713; Free Cash Flow: -$435,713; Cash at End of Period: $11,386.00. Balance sheet highlights: Total Assets $166,792; Total Liabilities $2,722,734; Total Stockholders’ Equity $-2,555,942; Cash and Short-Term Investments $11,386; Short-Term Debt $813,524; Total Debt $845,924; Deferred Revenue (current) -$178,241; Current Ratio 0.0185; Quick Ratio 0.0185; Cash Ratio 0.00423. The company reports a negative book value per share (Price-to-Book and Price-to-Book Value both at -6.34), and an Enterprise Value multiple of -32.93, reflecting negative equity and towering liabilities relative to asset base.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Gross Profit |
-1.62K |
98.14% |
0.06% |
| Operating Income |
-519.09K |
-284.51% |
48.76% |
| Net Income |
311.38K |
361.66% |
108.88% |
| EPS |
0.01 |
162.00% |
108.81% |
Key Financial Ratios
operatingCashFlowPerShare
$-0.01
freeCashFlowPerShare
$-0.01
Management Commentary
No earnings call transcript was provided in the dataset. Consequently, there are no management quotes or narrative highlights to extract by theme (strategy, operations, market conditions). Investors should await the QQ1 2025 earnings call materials or supplemental filings for verbatim management commentary.
Forward Guidance
There is no formal forward guidance disclosed in the QQ1 2025 results. Given the exploration-focused business model and current liquidity constraints, near-term guidance would likely center on: (1) upcoming drill results and permitting milestones at the Hay Mountain project, (2) potential partnering or financing discussions to fund ongoing exploration, and (3) any monetization opportunities of non-core or non-operating assets. Feasibility of achieving any revenue in the near term remains uncertain, so investors should monitor financing arrangements, regulatory progress, and the evolution of the Hay Mountain program as primary indicators of trajectory.