Vox 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 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	25.54	16.62	11.05	12.31	8.51	3.65
Revenue Growth (YoY)	135.49%	50.45%	-10.26%	44.69%	132.99%	2792.98%
Cost of Revenue	10.21	6.54	3.13	2.33	1.84	0.97
Gross Profit	19.77	10.08	7.92	9.98	6.66	2.68
Selling, General & Admin	10.41	8.5	6.82	8.25	6.21	5.99
Total Operating Expenses	10.41	8.5	6.82	8.25	6.21	5.99
Operating Income	8.59	1.58	1.09	1.73	0.45	-3.31
Interest Expense	-0.91	-0.84	-0.32	-	-	-
Other Non-Operating Income (Expense)	17.72	6.35	0.2	0.68	1.35	1.36
Total Non-Operating Income (Expense)	16.81	5.5	-0.12	0.68	1.35	1.36
Pretax Income	31.53	7.09	0.98	2.41	1.8	-1.95
Provision for Income Taxes	0.8	1.2	2.63	2.51	1.47	2.18
Net Income	30.73	5.89	-1.65	-0.1	0.33	-4.13
Net Income to Common	30.73	5.89	-1.65	-0.1	0.33	-4.13
Shares Outstanding (Basic)	62	55	50	50	43	38
Shares Outstanding (Diluted)	63	57	50	50	43	38
Shares Change (YoY)	36.63%	13.91%	0.67%	17.34%	12.47%	29.00%
EPS (Basic)	0.44	0.11	-0.03	-	0.01	-0.11
EPS (Diluted)	0.42	0.10	-0.03	-	0.01	-0.11
Shares Outstanding	68.9	68.36	50.66	49.99	44.76	39.38
Free Cash Flow	24.91	10.74	5.46	5.27	2.05	0.77
Free Cash Flow Growth	132.01%	96.68%	3.56%	157.48%	166.44%	-
Free Cash Flow Per Share	0.40	0.19	0.11	0.11	0.05	0.02
Dividends Per Share	0.052	0.050	0.048	0.044	0.020	-
Dividend Growth	5.00%	4.17%	9.09%	120.00%	-	-
Gross Margin	77.39%	60.66%	71.64%	81.06%	78.33%	73.37%
Operating Margin	33.65%	9.52%	9.90%	14.04%	5.28%	-90.68%
Profit Margin	120.31%	35.41%	-14.93%	-0.82%	3.86%	-113.15%
FCF Margin	97.53%	64.60%	49.41%	42.82%	24.06%	21.04%
EBITDA	18.99	8.31	4.41	4.24	2.48	-2.16
EBITDA Margin	74.35%	49.97%	39.93%	34.48%	29.11%	-59.02%
EBIT	8.59	1.58	1.09	1.73	0.45	-3.31
EBIT Margin	33.65%	9.52%	9.90%	14.04%	5.28%	-90.68%
Effective Tax Rate	2.54%	16.93%	268.95%	104.19%	81.73%	-111.89%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q