Vox Royalty 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	16.62	11.05	12.31	8.51	3.65
Revenue Growth (YoY)	50.45%	-10.26%	44.69%	132.99%	2792.98%
Cost of Revenue	6.54	3.13	2.33	1.84	0.97
Gross Profit	10.08	7.92	9.98	6.66	2.68
Selling, General & Admin	8.5	6.82	8.25	6.21	5.99
Total Operating Expenses	8.5	6.82	8.25	6.21	5.99
Operating Income	1.58	1.09	1.73	0.45	-3.31
Interest Expense	-0.84	-0.32	-	-	-
Other Non-Operating Income (Expense)	6.35	0.2	0.68	1.35	1.36
Total Non-Operating Income (Expense)	5.5	-0.12	0.68	1.35	1.36
Pretax Income	7.09	0.98	2.41	1.8	-1.95
Provision for Income Taxes	1.2	2.63	2.51	1.47	2.18
Net Income	5.89	-1.65	-0.1	0.33	-4.13
Net Income to Common	5.89	-1.65	-0.1	0.33	-4.13
Shares Outstanding (Basic)	55	50	50	43	38
Shares Outstanding (Diluted)	57	50	50	43	38
Shares Change (YoY)	13.91%	0.67%	17.34%	12.47%	29.00%
EPS (Basic)	0.11	-0.03	-	0.01	-0.11
EPS (Diluted)	0.10	-0.03	-	0.01	-0.11
Shares Outstanding	68.36	50.66	49.99	44.76	39.38
Free Cash Flow	10.74	5.46	5.27	2.05	0.77
Free Cash Flow Growth	96.68%	3.56%	157.48%	166.44%	-
Free Cash Flow Per Share	0.19	0.11	0.11	0.05	0.02
Dividends Per Share	0.050	0.048	0.044	0.020	-
Dividend Growth	4.17%	9.09%	120.00%	-	-
Gross Margin	60.66%	71.64%	81.06%	78.33%	73.37%
Operating Margin	9.52%	9.90%	14.04%	5.28%	-90.68%
Profit Margin	35.41%	-14.93%	-0.82%	3.86%	-113.15%
FCF Margin	64.60%	49.41%	42.82%	24.06%	21.04%
EBITDA	8.31	4.41	4.24	2.48	-2.16
EBITDA Margin	49.97%	39.93%	34.48%	29.11%	-59.02%
EBIT	1.58	1.09	1.73	0.45	-3.31
EBIT Margin	9.52%	9.90%	14.04%	5.28%	-90.68%
Effective Tax Rate	16.93%	268.95%	104.19%	81.73%	-111.89%

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