OR Royalties 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 2021
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	Dec '21 Dec 31, 2021
Revenue	325.29	277.37	191.16	183.23	160.51	177.92
Revenue Growth (YoY)	61.81%	45.10%	4.33%	14.15%	-9.78%	6.02%
Cost of Revenue	49.51	44.89	39.35	54.14	49.69	68.05
Gross Profit	275.77	232.49	151.81	129.09	110.82	109.87
Selling, General & Admin	31.78	30.23	23.93	28.92	18.86	18.81
Other Operating Expenses	-2.09	5.5	49.56	35.71	1.34	2.32
Total Operating Expenses	29.7	35.72	73.49	64.63	20.2	21.14
Operating Income	246.08	196.77	78.32	64.46	90.62	88.74
Interest Income	-5.15	-10.16	-25.87	11	5.82	1.62
Interest Expense	-3.51	-4.48	-7.97	-14.03	-16.46	-18.86
Other Non-Operating Income (Expense)	58.12	59.25	-14.34	-89.07	3.38	9.65
Total Non-Operating Income (Expense)	49.47	44.62	-48.18	-92.1	-7.26	-7.6
Pretax Income	295.54	241.39	30.14	-27.64	83.37	81.14
Provision for Income Taxes	41.51	35.3	13.88	9.79	20.52	20.51
Net Income	254.03	206.09	16.27	-37.43	-87.52	-18.64
Minority Interest in Earnings	-	-	-	-	-47.49	-26.21
Earnings From Discontinued Operations	-	-	-	-	-197.85	-105.47
Net Income to Common	254.03	206.09	16.27	-37.43	-87.52	-18.64
Net Income Growth	726.44%	1166.91%	-	-	-	-
Shares Outstanding (Basic)	188	188	186	185	180	168
Shares Outstanding (Diluted)	189	189	188	185	181	168
Shares Change (YoY)	0.83%	0.84%	1.38%	2.43%	7.77%	3.20%
EPS (Basic)	1.35	1.10	0.09	-0.20	-0.49	-0.11
EPS (Diluted)	1.34	1.09	0.09	-0.20	-0.49	-0.11
EPS Growth	688.24%	1111.11%	-	-	-	-
Shares Outstanding	187.44	187.15	186.68	185.35	184.04	166.49
Free Cash Flow	271.38	245.6	159.93	138.44	81.03	83.94
Free Cash Flow Growth	10.50%	53.57%	15.52%	70.86%	-3.47%	195.60%
Free Cash Flow Per Share	1.44	1.30	0.85	0.75	0.45	0.50
Dividends Per Share	0.220	0.211	0.177	0.178	0.163	0.166
Dividend Growth	4.26%	19.06%	-0.40%	9.47%	-2.04%	5.72%
Gross Margin	84.78%	83.82%	79.42%	70.45%	69.04%	61.75%
Operating Margin	75.65%	70.94%	40.97%	35.18%	56.46%	49.87%
Profit Margin	78.09%	74.30%	8.51%	-20.43%	39.16%	34.08%
FCF Margin	83.43%	88.54%	83.66%	75.55%	50.48%	47.18%
EBITDA	286.02	233.76	111.9	107.17	129.25	127.84
EBITDA Margin	87.93%	84.28%	58.54%	58.49%	80.52%	71.85%
EBIT	246.08	196.77	78.32	64.46	90.62	88.74
EBIT Margin	75.65%	70.94%	40.97%	35.18%	56.46%	49.87%
Effective Tax Rate	14.05%	14.62%	46.03%	-35.42%	24.61%	25.28%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q