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	160.51	177.92
Revenue Growth (YoY)	45.10%	4.33%	14.15%	-9.78%	6.02%
Cost of Revenue	44.89	39.35	54.14	49.69	68.05
Gross Profit	232.49	151.81	129.09	110.82	109.87
Selling, General & Admin	30.23	23.93	28.92	18.86	18.81
Other Operating Expenses	5.5	49.56	35.71	1.34	2.32
Total Operating Expenses	35.72	73.49	64.63	20.2	21.14
Operating Income	196.77	78.32	64.46	90.62	88.74
Interest Income	-10.16	-25.87	11	5.82	1.62
Interest Expense	-4.48	-7.97	-14.03	-16.46	-18.86
Other Non-Operating Income (Expense)	59.25	-14.34	-89.07	3.38	9.65
Total Non-Operating Income (Expense)	44.62	-48.18	-92.1	-7.26	-7.6
Pretax Income	241.39	30.14	-27.64	83.37	81.14
Provision for Income Taxes	35.3	13.88	9.79	20.52	20.51
Net Income	206.09	16.27	-37.43	-87.52	-18.64
Minority Interest in Earnings	-	-	-	-47.49	-26.21
Earnings From Discontinued Operations	-	-	-	-197.85	-105.47
Net Income to Common	206.09	16.27	-37.43	-87.52	-18.64
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	1111.11%	-	-	-	-
Shares Outstanding	187.15	186.68	185.35	184.04	166.49
Free Cash Flow	245.6	159.93	138.44	81.03	83.94
Free Cash Flow Growth	53.57%	15.52%	70.86%	-3.47%	195.60%
Free Cash Flow Per Share	1.30	0.85	0.75	0.45	0.50
Dividends 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	83.82%	79.42%	70.45%	69.04%	61.75%
Operating Margin	70.94%	40.97%	35.18%	56.46%	49.87%
Profit Margin	74.30%	8.51%	-20.43%	39.16%	34.08%
FCF Margin	88.54%	83.66%	75.55%	50.48%	47.18%
EBITDA	233.76	111.9	107.17	129.25	127.84
EBITDA Margin	84.28%	58.54%	58.49%	80.52%	71.85%
EBIT	196.77	78.32	64.46	90.62	88.74
EBIT Margin	70.94%	40.97%	35.18%	56.46%	49.87%
Effective Tax Rate	14.62%	46.03%	-35.42%	24.61%	25.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.