OR Royalties Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	277.37	191.16	183.23	160.93	177.7
Revenue Growth (YoY)	45.10%	4.33%	13.85%	-9.44%	5.99%
Cost of Revenue	9.12	6.74	12.34	11.88	29.75
Gross Profit	268.26	184.42	170.89	149.05	147.95
Selling, General & Admin	30.23	23.93	28.92	18.91	18.79
Operating Expenses	71.49	106.1	106.43	58.2	59.33
Operating Income	196.77	78.32	64.46	90.86	88.62
Interest Expense	-4.48	-7.97	-14.03	-16.51	-18.84
Interest & Investment Income	4.02	4.15	5.06	7.22	3.39
Earnings From Equity Investments	-14.18	-30.03	5.94	-1.38	-1.77
Currency Exchange Gain (Loss)	0.65	-4.42	1.13	14.89	-0.11
Other Non Operating Income (Expenses)	-	-2.36	0.5	-	0.03
EBT Excluding Unusual Items	182.78	37.7	63.07	95.08	71.33
Gain (Loss) on Sale of Investments	58.61	-7.56	-90.7	-11.49	9.71
Pretax Income	241.39	30.14	-27.64	83.58	81.04
Income Tax Expense	35.3	13.88	9.79	20.57	20.49
Earnings From Continuing Operations	206.09	16.27	-37.43	63.01	60.55
Earnings From Discontinued Operations	-	-	-	-198.37	-105.34
Net Income to Company	206.09	16.27	-37.43	-135.35	-44.79
Minority Interest in Earnings	-	-	-	47.61	26.17
Net Income	206.09	16.27	-37.43	-87.74	-18.61
Net Income to Common	206.09	16.27	-37.43	-87.74	-18.61
Net Income Growth	1166.91%	-	-	-	-
Shares Outstanding (Basic)	188	186	185	180	168
Shares Outstanding (Diluted)	189	188	185	181	168
Shares Change (YoY)	0.84%	1.38%	2.43%	7.77%	3.20%
EPS (Basic)	1.10	0.09	-0.20	-0.49	-0.11
EPS (Diluted)	1.09	0.09	-0.20	-0.49	-0.11
EPS Growth	1148.28%	-	-	-	-
Free Cash Flow	245.6	159.93	138.44	81.24	83.84
Free Cash Flow Per Share	1.30	0.85	0.75	0.45	0.50
Dividend Per Share	0.211	0.177	0.178	0.163	0.166
Dividend Growth	19.06%	-0.40%	9.47%	-2.04%	5.72%
Gross Margin	96.71%	96.47%	93.27%	92.62%	83.26%
Operating Margin	70.94%	40.97%	35.18%	56.46%	49.87%
Profit Margin	74.30%	8.51%	-20.43%	-54.52%	-10.47%
Free Cash Flow Margin	88.55%	83.66%	75.56%	50.48%	47.18%
EBITDA	239.25	161.45	142.88	130.93	130
EBITDA Margin	86.26%	84.46%	77.98%	81.36%	73.16%
D&A For EBITDA	42.49	83.13	78.42	40.07	41.38
EBIT	196.77	78.32	64.46	90.86	88.62
EBIT Margin	70.94%	40.97%	35.18%	56.46%	49.87%
Effective Tax Rate	14.62%	46.03%	-	24.61%	25.28%
Advertising Expenses	-	-	0.64	0.62	0.52

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