Oklo Publishes Full Year 2024 Financial Results and Business Update

Rhea-AI Summary

Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced the release of its financial results and business update for Q4 and full-year 2024. The company will hold a conference call on March 24th, 2025, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, featuring CEO Jacob DeWitte and CFO Craig Bealmear.

The company has made available a shareholder letter and updated investor presentation on their investor relations website at oklo.com/investors. A webcast of the conference call will be accessible through the Events & Presentations section of the website, with the recording remaining available for 12 months after the event.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced nuclear technology company, today published its financial results and business update for the quarter and year ended December 31, 2024.

In addition, the Company has posted a shareholder letter and an updated investor presentation on its investor relations website at oklo.com/investors.

Oklo will host a conference call today, March 24th, 2025, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. Jacob DeWitte, Co-Founder and Chief Executive Officer, and Craig Bealmear, Chief Financial Officer, will speak on the call. A webcast of the call can be accessed by visiting the Events & Presentations section of the Company’s investor relations website.

An archive of the webcast will be available shortly after the conclusion of the event and will be available for 12 months.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.

Forward-Looking Statements

This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the potential need for financing to construct plants; market, financial, political and legal conditions; the effects of competition; risks related to accessing high-assay low-enriched uranium and recycled fuels; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations; the outcome of any government and regulatory proceedings and investigations and inquiries; the risk that the acquisition of Atomic Alchemy fails to produce the expected benefits; and those factors in the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250324954445/en/

Media and Investor Contact for Oklo:

Bonita Chester, Head of Communications and Media at media@oklo.com

Investor Contact:

Sam Doane, Director of Investor Relations at investors@oklo.com

Source: Oklo Inc.

FAQ

When will Oklo (NYSE: OKLO) release its Q4 and FY 2024 earnings results?

Oklo will discuss its Q4 and FY 2024 results during a conference call on March 24th, 2025, at 2:00 p.m. PT / 5:00 p.m. ET.

Who will be speaking at Oklo's 2024 earnings call?

CEO Jacob DeWitte and CFO Craig Bealmear will speak during the earnings call.

Where can investors access Oklo's 2024 financial results and investor presentation?

Investors can access the materials at oklo.com/investors, including the shareholder letter and updated investor presentation.

How long will Oklo's Q4 2024 earnings call webcast be available?

The webcast recording will be available for 12 months following the event.