Ecora Royalties 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 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	25.99	59.61	61.9	141.87	85.3	43.65
Revenue Growth (YoY)	-62.13%	-3.70%	-56.37%	66.33%	95.39%	-40.85%
Cost of Revenue	13.65	12.22	12.23	15.11	14.79	8.22
Gross Profit	12.34	47.38	49.67	126.76	70.51	35.44
Amortization of Goodwill & Intangibles	9.4	7.91	7.47	9.35	14.85	7.09
Operating Expenses	9.4	7.91	7.47	9.35	14.85	7.09
Operating Income	2.95	39.48	42.21	117.41	55.66	28.35
Interest Expense	-8.05	-8.09	-7.02	-5.68	-7.39	-
Interest & Investment Income	0.29	0.26	0.92	0.01	0	0.15
Currency Exchange Gain (Loss)	0.26	1.28	0.07	-1.82	0.48	0.14
Other Non Operating Income (Expenses)	6.76	11.14	-3.1	1.77	17.06	-2.52
EBT Excluding Unusual Items	2.2	44.06	33.07	111.69	65.81	26.12
Gain (Loss) on Sale of Assets	-	-	-	-	-18.97	-
Asset Writedown	-25.1	-38.13	-28.52	23.75	7.81	-61.04
Pretax Income	-22.91	5.93	4.55	135.44	54.64	-34.92
Income Tax Expense	7.45	15.76	3.71	40.81	17.16	-11.05
Net Income	-30.35	-9.83	0.85	94.64	37.48	-23.87
Net Income to Common	-30.35	-9.83	0.85	94.64	37.48	-23.87
Net Income Growth	-	-	-99.11%	152.53%	-	-
Shares Outstanding (Basic)	249	252	258	234	208	180
Shares Outstanding (Diluted)	249	252	259	235	208	180
Shares Change (YoY)	-3.63%	-2.38%	10.11%	12.78%	15.44%	-0.66%
EPS (Basic)	-0.12	-0.04	0.00	0.40	0.18	-0.13
EPS (Diluted)	-0.12	-0.04	0.00	0.40	0.18	-0.13
EPS Growth	-	-	-99.19%	123.89%	-	-
Free Cash Flow	-32.16	28.09	33.43	128.64	-151.96	19.16
Free Cash Flow Per Share	-0.13	0.11	0.13	0.55	-0.73	0.11
Dividend Per Share	0.017	0.028	0.085	0.084	0.095	0.123
Dividend Growth	-71.26%	-66.94%	0.78%	-11.02%	-22.86%	3.09%
Gross Margin	47.49%	79.49%	80.25%	89.35%	82.67%	81.17%
Operating Margin	11.34%	66.23%	68.18%	82.75%	65.26%	64.94%
Profit Margin	-116.79%	-16.49%	1.37%	66.71%	43.94%	-54.68%
Free Cash Flow Margin	-123.73%	47.13%	54.00%	90.67%	-178.16%	43.90%
EBITDA	12.48	47.55	49.84	126.8	70.52	35.45
EBITDA Margin	48.04%	79.77%	80.51%	89.38%	82.67%	81.19%
D&A For EBITDA	9.54	8.07	7.63	9.39	14.85	7.1
EBIT	2.95	39.48	42.21	117.41	55.66	28.35
EBIT Margin	11.34%	66.23%	68.18%	82.75%	65.26%	64.94%
Effective Tax Rate	-	265.63%	81.40%	30.13%	31.41%	-

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