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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	14.71	12.02	3.14
Revenue Growth (YoY)	-	282.99%	-
Cost of Revenue	11.84	9.99	1.4
Gross Profit	2.86	2.04	1.74
Selling, General & Admin	3.99	2.96	1.82
Other Operating Expenses	-9.02	-5.71	-2.79
Operating Expenses	-2.16	0.66	1.96
Operating Income	5.03	1.38	-0.22
Interest Expense	-8.69	-3.58	-2.01
Interest & Investment Income	0.08	0.15	0.11
Currency Exchange Gain (Loss)	0.02	0.78	-0.39
EBT Excluding Unusual Items	-3.56	-1.27	-2.5
Other Unusual Items	3.98	0.4	-0
Pretax Income	0.41	-0.87	-2.5
Income Tax Expense	1.85	1.57	0.62
Net Income	-1.44	-2.45	-3.12
Net Income to Common	-1.44	-2.45	-3.12
Shares Outstanding (Basic)	461	381	185
Shares Outstanding (Diluted)	461	381	185
Shares Change (YoY)	-	105.49%	-
EPS (Basic)	-0.00	-0.01	-0.02
EPS (Diluted)	-0.00	-0.01	-0.02
Gross Margin	19.46%	16.93%	55.52%
Operating Margin	34.19%	11.46%	-6.90%
Profit Margin	-9.81%	-20.35%	-99.50%
EBITDA	6.32	2.22	0.68
EBITDA Margin	42.99%	18.46%	21.78%
D&A For EBITDA	1.3	0.84	0.9
EBIT	5.03	1.38	-0.22
EBIT Margin	34.19%	11.46%	-6.90%

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