Gold Royalty Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	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	15.61	10.1	3.05	3.99	3.94
Revenue Growth (YoY)	54.51%	231.46%	-23.67%	1.24%	1954.17%
Cost of Revenue	3.68	3.47	0.94	1.69	1.76
Gross Profit	11.93	6.63	2.11	2.31	2.19
Selling, General & Admin	7.41	8.26	7.6	13.96	14.03
Exploration Expenses	0.08	0.05	0.48	2.04	5.59
Other Operating Expenses	2.75	2.34	25.19	3.82	3.82
Total Operating Expenses	10.24	10.64	33.26	19.82	23.45
Operating Income	1.54	-4.07	-30.97	-17.56	-21.45
Interest Income	-0.15	-0.06	0.18	-0.05	-0.2
Interest Expense	-12.49	-8.04	-1.84	-0.92	-0.63
Other Non-Operating Income (Expense)	6.61	2.72	-0.08	5.15	4.73
Total Non-Operating Income (Expense)	-6.03	-5.38	-1.74	4.18	3.9
Pretax Income	-4.34	-9.39	-32.89	-13.33	-17.36
Provision for Income Taxes	-0.21	-5.97	-6.13	-0.62	-0.02
Net Income	-4.13	-3.41	-26.76	-12.71	-17.35
Net Income to Common	-4.13	-3.41	-26.76	-12.71	-17.35
Shares Outstanding (Basic)	175	160	145	137	128
Shares Outstanding (Diluted)	175	160	145	137	128
Shares Change (YoY)	9.70%	10.22%	5.79%	6.69%	282.15%
EPS (Basic)	-0.02	-0.02	-0.18	-0.09	-0.14
EPS (Diluted)	-0.02	-0.02	-0.18	-0.09	-0.14
Shares Outstanding	224.53	170.21	145.67	143.91	143.91
Free Cash Flow	6.17	2.54	-6.88	-15.8	-19.29
Free Cash Flow Growth	142.63%	-	-	-	-
Free Cash Flow Per Share	0.04	0.02	-0.05	-0.12	-0.15
Dividends Per Share	-	-	0.010	-	0.040
Gross Margin	76.44%	65.63%	69.06%	57.80%	55.48%
Operating Margin	9.87%	-40.24%	-1016.08%	-439.77%	-543.97%
Profit Margin	-26.46%	-33.76%	-877.82%	-318.28%	-439.81%
FCF Margin	39.53%	25.17%	-225.59%	-395.62%	-489.10%
EBITDA	4.28	-0.78	-29.96	-15.78	-19.63
EBITDA Margin	27.40%	-7.74%	-982.84%	-395.27%	-497.62%
EBIT	1.54	-4.07	-30.97	-17.56	-21.45
EBIT Margin	9.87%	-40.24%	-1016.08%	-439.77%	-543.97%
Effective Tax Rate	4.73%	63.65%	18.65%	4.63%	0.09%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q