Versamet Royalties Corporation (TSXV:VMET)

Versamet Royalties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	19.65	12.02	3.14
Revenue Growth (YoY)	525.72%	282.99%	-
Cost of Revenue	13.02	9.99	1.4
Gross Profit	6.63	2.04	1.74
Selling, General & Admin	4.46	2.96	1.82
Other Operating Expenses	-7.19	-5.71	-2.79
Operating Expenses	1.67	0.66	1.96
Operating Income	4.95	1.38	-0.22
Interest Expense	-9.2	-3.58	-2.01
Interest & Investment Income	0.13	0.15	0.11
Currency Exchange Gain (Loss)	0.12	0.78	-0.39
EBT Excluding Unusual Items	-3.99	-1.27	-2.5
Other Unusual Items	3.48	0.4	-0
Pretax Income	-0.51	-0.87	-2.5
Income Tax Expense	1.48	1.57	0.62
Net Income	-1.99	-2.45	-3.12
Net Income to Common	-1.99	-2.45	-3.12
Shares Outstanding (Basic)	93	76	37
Shares Outstanding (Diluted)	93	76	37
Shares Change (YoY)	149.94%	105.49%	-
EPS (Basic)	-0.02	-0.03	-0.08
EPS (Diluted)	-0.02	-0.03	-0.08
Gross Margin	33.73%	16.93%	55.52%
Operating Margin	25.21%	11.46%	-6.90%
Profit Margin	-10.12%	-20.35%	-99.50%
EBITDA	7.65	2.22	0.68
EBITDA Margin	38.92%	18.46%	21.78%
D&A For EBITDA	2.69	0.84	0.9
EBIT	4.95	1.38	-0.22
EBIT Margin	25.21%	11.46%	-6.90%

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