Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Elemental Royalty Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
Revenue
16.3
43.6
Gross profit
9.11
27.3
General and administrative
0.75
1.16
Operating income
2.29
5.28
Interest expense
2.03
0.48
Pre-tax income
1.01
6.28
Income tax
1.32
4.51
Income from continuing operations
-0.31
1.77
Net income
-0.36
1.77
Balance sheet
FY2025
FY2025
Cash and equivalents
4.45
53.1
Short-term investments
0
16.1
Total current assets
21.1
94.4
Property, plant and equipment
0
1.14
Total assets
204
907
Accounts payable
3.35
6.66
Total current liabilities
3.35
14.3
Total liabilities
7.78
127
Total debt
2.69
0
Retained earnings
-29
-26.3
Total equity
196
780
Total liabilities and equity
204
907
Cash flow statement
FY2025
FY2025
Net income
-0.36
1.77
Cash from operations
4.82
30.8
Capital expenditures
0
-0
Cash from investing
4.51
-56.3
Debt repaid
-27
-28
Stock issued
12.8
100
Cash from financing
-16.1
74.6
Exchange rate effect
-0.05
-0.35
Net change in cash
-6.83
48.7
Free cash flow
4.82
30.8
Income taxes paid
1.27
3.2
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $20.74 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
62.6%
Gross profit / revenue.
Operating margin
12.1%
Operating income / revenue.
Pre-tax margin
14.4%
Pre-tax income / revenue.
Net margin
4.1%
Net income / revenue.
FCF margin
70.6%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
70.6%
Cash from operations / revenue.
Effective tax rate
71.8%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
0.3%
Net income / average total assets.
Capex / revenue
0.0%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
167.4%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
199.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
130.2%
Operating income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
539.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
539.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
344.4%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
6.58x
Current assets / current liabilities.
Quick ratio
4.83x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
4.83x
(Cash + short-term investments) / current liabilities.
Debt / assets
0.0%
Total debt / total assets.
Liabilities / assets
14.0%
Total liabilities / total assets.
Net debt
-$69.3M
Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage
11.0x
Operating income / interest expense.
Working capital
$80.1M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.08x
Revenue / average total assets.
Fixed asset turnover
76.5x
Revenue / average property, plant and equipment.
FCF conversion
1,739.0%
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
0.0%
Capital expenditures / cash from operations, when that is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$1.33B
Share price x shares outstanding.
Enterprise value
$1.26B
Market cap + total debt - cash - short-term investments.
P/E
753x
Market cap / net income. Only when net income is positive.
P/S
30.6x
Market cap / revenue.
P/FCF
43.3x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
43.3x
Market cap / cash from operations, when positive.
EV/Sales
29.0x
Enterprise value / revenue.
EV/EBIT
239x
Enterprise value / operating income, when both are positive.
EV/FCF
41.0x
Enterprise value / free cash flow, when both are positive.
FCF yield
2.3%
Free cash flow / market cap.
Earnings yield
0.1%
Net income / market cap (the inverse of P/E).
What was Elemental Royalty Corp's revenue in fiscal 2025?
Elemental Royalty Corp reported revenue of $43.6M for fiscal 2025, 167.4% higher than the year before.
Was Elemental Royalty Corp profitable in fiscal 2025?
Yes. Net income was $1.8M, a net margin of 4.1%.
How much free cash flow did Elemental Royalty Corp generate in fiscal 2025?
Cash from operations of $30.8M minus capital expenditures of $4.0K left free cash flow of $30.8M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.