Empress Royalty Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Revenue	13.34	8.02	3.52	1.83	0.17	0.06
Revenue Growth (YoY)	107.90%	127.56%	93.00%	978.01%	200.36%	-
Cost of Revenue	2.38	1.29	0.61	0.57	0.7	0.68
Gross Profit	10.96	6.72	2.92	1.26	-0.53	-0.62
Selling, General & Admin	2.56	2.09	2.11	1.76	1.63	0.76
Operating Expenses	5.21	4.13	3.92	3.24	2.48	1.38
Operating Income	5.75	2.6	-1	-1.98	-3	-2
Interest Expense	-1.25	-1.41	-1.35	-1.4	-0.02	-
Interest & Investment Income	-	-	-	-	0.01	0.02
Currency Exchange Gain (Loss)	0.22	0	-0	0	-0.15	-0.03
Other Non Operating Income (Expenses)	0.84	0.15	0.15	-	-	-0.84
EBT Excluding Unusual Items	5.55	1.33	-2.2	-3.38	-3.16	-2.86
Gain (Loss) on Sale of Investments	-	-	-	-	-0.04	-0.05
Asset Writedown	-	-	-0.73	-	-	-
Pretax Income	5.55	1.33	-2.93	-3.38	-3.2	-2.91
Income Tax Expense	2.14	0.32	-	-	-	-
Net Income	3.41	1.01	-2.93	-3.38	-3.2	-2.91
Net Income to Common	3.41	1.01	-2.93	-3.38	-3.2	-2.91
Shares Outstanding (Basic)	122	118	116	106	90	87
Shares Outstanding (Diluted)	132	122	116	106	90	87
Shares Change (YoY)	11.78%	5.02%	9.16%	18.12%	4.20%	738.15%
EPS (Basic)	0.03	0.01	-0.03	-0.03	-0.04	-0.03
EPS (Diluted)	0.03	0.01	-0.03	-0.03	-0.04	-0.03
Gross Margin	82.16%	83.87%	82.79%	68.81%	-	-
Operating Margin	43.10%	32.40%	-28.41%	-108.55%	-1773.73%	-3553.37%
Profit Margin	25.60%	12.64%	-83.31%	-185.20%	-1890.07%	-5158.71%
EBITDA	7.73	4.21	0.18	-1.25	-2.93	-
EBITDA Margin	57.98%	52.55%	5.21%	-68.28%	-	-
D&A For EBITDA	1.98	1.61	1.18	0.73	0.07	-
EBIT	5.75	2.6	-1	-1.98	-3	-2
EBIT Margin	43.10%	32.40%	-28.41%	-108.55%	-	-
Effective Tax Rate	38.52%	24.01%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.