Elemental Royalty Corporation (ELE)

Elemental Royalty Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	56.33	43.64	16.32	11.34	8.96	6.61
Other Revenue	-	-	-	0.41	0.68	-
Revenue	56.33	43.64	16.32	11.74	9.64	6.61
Revenue Growth (YoY)	128.64%	167.37%	38.99%	21.84%	45.80%	29.10%
Cost of Revenue	2.49	1.06	-	0.58	0.32	0.44
Gross Profit	53.83	42.59	16.32	11.17	9.32	6.18
Selling, General & Admin	20.45	16.47	7.4	7.22	3.22	2.97
Operating Expenses	43.72	35.24	16	14.36	12.7	6.49
Operating Income	10.12	7.35	0.32	-3.19	-3.38	-0.32
Interest Expense	-0.53	-0.48	-2.03	-2.65	-4.48	-3.03
Interest & Investment Income	0.92	0.73	0.2	0.11	0.02	0.02
Earnings From Equity Investments	1.75	2.2	2.04	2.16	0.07	-
Currency Exchange Gain (Loss)	-0.1	-0.02	-0.05	0	-0.28	-0.04
Other Non Operating Income (Expenses)	-0.13	-	0.6	0.43	-0.01	-
EBT Excluding Unusual Items	12.03	9.78	1.08	-3.15	-8.04	-3.36
Merger & Restructuring Charges	-	-	-	-	-5.61	-
Gain (Loss) on Sale of Investments	-1.94	0.77	-0.01	0.11	-0.19	-
Gain (Loss) on Sale of Assets	-2.25	-2.25	0.37	1.58	-	-
Asset Writedown	-2.02	-2.02	-0.44	-0.29	-4.48	-
Pretax Income	5.82	6.28	1.01	-1.75	-18.33	-3.36
Income Tax Expense	6.41	4.51	1.32	1.29	-0.12	1.36
Earnings From Continuing Operations	-0.59	1.77	-0.31	-3.04	-18.21	-4.73
Earnings From Discontinued Operations	-	-	-0.05	-0.86	-	-
Net Income	-0.59	1.77	-0.36	-3.9	-18.21	-4.73
Net Income to Common	-0.59	1.77	-0.36	-3.9	-18.21	-4.73
Shares Outstanding (Basic)	40	30	20	19	10	7
Shares Outstanding (Diluted)	40	32	20	19	10	7
Shares Change (YoY)	83.85%	54.66%	9.34%	78.05%	57.94%	110.59%
EPS (Basic)	-0.01	0.06	-0.02	-0.21	-1.74	-0.71
EPS (Diluted)	-0.01	0.06	-0.02	-0.21	-1.74	-0.71
Free Cash Flow	40.93	29.81	4.82	0.29	-13.39	1.12
Free Cash Flow Per Share	1.03	0.94	0.24	0.01	-1.28	0.17
Gross Margin	95.57%	97.58%	100.00%	95.10%	96.72%	93.42%
Operating Margin	17.96%	16.84%	1.97%	-27.16%	-35.01%	-4.79%
Profit Margin	-1.05%	4.06%	-2.23%	-33.22%	-188.93%	-71.49%
Free Cash Flow Margin	72.66%	68.30%	29.50%	2.43%	-138.92%	16.93%
EBITDA	29.78	23.71	7.54	3.71	2.07	2.57
EBITDA Margin	52.86%	54.32%	46.19%	31.60%	21.48%	38.83%
D&A For EBITDA	19.66	16.36	7.22	6.9	5.45	2.88
EBIT	10.12	7.35	0.32	-3.19	-3.38	-0.32
EBIT Margin	17.96%	16.84%	1.97%	-27.16%	-35.01%	-4.79%
Effective Tax Rate	110.19%	71.78%	130.92%	-	-	-
Revenue as Reported	-	-	-	11.74	9.64	6.61

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