NANO Nuclear Energy reported a net loss of $10.15 million for the fiscal year ending September 30, 2024, which represents an increase from the previous year’s loss of $6.25 million. The per-share loss rose to $0.39 from $0.28.
"This past year has been transformative for our company and underscores the rapid evolution of the United States' nuclear energy sector. We have swiftly transitioned from a start-up to an expanding organization with ambitions to develop, secure approvals for, and ultimately commercialize advanced nuclear technologies. Throughout this journey, we have strengthened our role as a leading proponent of clean, sustainable energy for the future," stated Jay Yu, Founder and Chairman of NANO Nuclear Energy.