Gold Royalty Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022
Revenue	19.65	15.61	10.1	3.05	0.58	3.94
Revenue Growth (YoY)	89.91%	54.51%	231.46%	423.71%	-85.24%	1954.17%
Cost of Revenue	5.12	3.68	3.47	0.94	0.22	1.76
Gross Profit	14.53	11.93	6.63	2.11	0.37	2.19
Selling, General & Admin	7.71	7.41	8.26	7.6	3.93	14.03
Exploration Expenses	0.06	0.08	0.05	0.48	0.12	5.59
Other Operating Expenses	2.92	2.91	2.39	25	-0	4.02
Total Operating Expenses	10.69	10.39	10.7	33.08	4.05	23.64
Operating Income	4.29	1.54	-4.07	-30.97	-3.68	-21.45
Interest Income	0.45	-	-	-	-	-
Interest Expense	-6.4	-12.49	-8.04	-1.84	-0.29	-0.63
Other Non-Operating Income (Expense)	5.62	6.61	2.72	-0.08	1.33	4.73
Total Non-Operating Income (Expense)	-0.33	-5.88	-5.32	-1.92	1.04	4.09
Pretax Income	-0.72	-4.34	-9.39	-32.89	-2.64	-17.36
Provision for Income Taxes	0.39	-0.21	-5.97	-6.13	-0.44	-0.02
Net Income	-1.11	-4.13	-3.41	-26.76	-2.2	-17.35
Net Income to Common	-1.11	-4.13	-3.41	-26.76	-2.2	-17.35
Shares Outstanding (Basic)	190	175	160	145	144	128
Shares Outstanding (Diluted)	193	175	160	145	144	128
Shares Change (YoY)	16.11%	9.70%	10.22%	0.57%	12.23%	282.15%
EPS (Basic)	-	-0.02	-0.02	-0.18	-0.02	-0.14
EPS (Diluted)	-	-0.02	-0.02	-0.18	-0.02	-0.14
Shares Outstanding	229.4	224.53	170.21	145.67	143.91	143.91
Free Cash Flow	8.16	6.17	2.54	-6.88	-4.53	-19.29
Free Cash Flow Growth	32.20%	142.63%	-	-	-	-
Free Cash Flow Per Share	0.04	0.04	0.02	-0.05	-0.03	-0.15
Dividends Per Share	-	-	-	0.010	-	0.040
Gross Margin	73.92%	76.44%	65.63%	69.06%	62.89%	55.48%
Operating Margin	21.82%	9.87%	-40.24%	-1016.08%	-632.30%	-543.97%
Profit Margin	-5.65%	-26.46%	-33.76%	-877.82%	-378.69%	-439.81%
FCF Margin	41.51%	39.53%	25.17%	-225.59%	-778.35%	-489.10%
EBITDA	8.33	4.28	-0.78	-29.96	-3.44	-19.63
EBITDA Margin	42.37%	27.40%	-7.74%	-982.84%	-590.21%	-497.62%
EBIT	4.29	1.54	-4.07	-30.97	-3.68	-21.45
EBIT Margin	21.82%	9.87%	-40.24%	-1016.08%	-632.30%	-543.97%
Effective Tax Rate	-54.31%	4.73%	63.65%	18.65%	16.48%	0.09%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q