Financial Highlights of Q1 2025
EMX Royalty Corporation has announced impressive financial results for the first quarter of 2025, capturing the interest of private investors and small shareholders. Here’s a detailed look at the key points from their report:
- Royalty Income: EMX recorded a 40% increase in adjusted royalty income year-on-year, reaching $10.8 million.
- EBITDA: Adjusted EBITDA surged by 120% to $7.1 million.
- Total Revenue and Income: Total revenue and income amounted to $8.4 million.
- Financial Position: The quarter ended with $19.2 million in cash and a working capital surplus of $36.1 million.
Strategic Developments
- Acquisitions: EMX acquired an additional 1% NSR royalty on the Chapi Copper Mine in Peru for $7 million.
- Early Payments: The company received an early payment of $6.9 million from AbraSilver.
- Debt Reduction: EMX settled debts amounting to $10 million.
- Stock Buyback Program: The company completed its stock buyback program, repurchasing 5 million shares and initiated a new NCIB program for an additional 5.44 million shares.
Forecasts and Growth Drivers
- GEO Sales: EMX maintains its 2025 forecast of 10,000 to 12,000 GEOs.
- Adjusted Royalty Income: The forecast for adjusted royalty income is set between $26 million and $32 million.
- Growth Drivers: The Caserones project in Chile and the Timok project in Serbia are critical growth drivers, offering significant expansion potential.
These developments demonstrate EMX Royalty Corporation’s strategic operations and focus on maintaining a strong financial position, which could be attractive to investors.