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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	12.78	12.02	3.14
Revenue Growth (YoY)	-	282.99%	-
Cost of Revenue	10.81	9.99	1.4
Gross Profit	1.97	2.04	1.74
Selling, General & Admin	3.78	2.96	1.82
Other Operating Expenses	-7.54	-5.71	-2.79
Operating Expenses	-1.58	0.66	1.96
Operating Income	3.55	1.38	-0.22
Interest Expense	-3.09	-3.58	-2.01
Interest & Investment Income	0.08	0.15	0.11
Currency Exchange Gain (Loss)	0.66	0.78	-0.39
EBT Excluding Unusual Items	1.2	-1.27	-2.5
Other Unusual Items	0.13	0.4	-0
Pretax Income	1.32	-0.87	-2.5
Income Tax Expense	1.81	1.57	0.62
Net Income	-0.49	-2.45	-3.12
Net Income to Common	-0.49	-2.45	-3.12
Shares Outstanding (Basic)	425	381	185
Shares Outstanding (Diluted)	425	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	15.39%	16.93%	55.52%
Operating Margin	27.79%	11.46%	-6.90%
Profit Margin	-3.83%	-20.35%	-99.50%
EBITDA	4.37	2.22	0.68
EBITDA Margin	34.22%	18.46%	21.78%
D&A For EBITDA	0.82	0.84	0.9
EBIT	3.55	1.38	-0.22
EBIT Margin	27.79%	11.46%	-6.90%

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