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Financial statements

Royalty Management Holding Corp financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Royalty Management Holding 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

FY2021FY2022FY2023FY2024FY2025
Revenue0.180.490.814.95
Cost of revenue00.020.024.15
Gross profit0.170.470.780.8
Selling, general and administrative0.330.53
General and administrative0.500.530.760.78
Operating expenses-1.02-2.450.781.11.1
Operating income-2.28-0.31-0.31-0.29
Interest expense0.720.720.140.02
Interest income0.030.10.150.16
Other non-operating income0.01-0.43-0.810.2-0.43
Net income2.32-2.71-1.11-0.11-0.73
EBITDA-2.28-0.3-0.31-0.29
EPS, basic0.21
EPS, diluted0.21-0.08-0.01-0.05
Shares, basic (weighted)11.1
Shares, diluted (weighted)11.114.31515

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.290.430.20.110.13
Receivables0.070.070.181.66
Total current assets1.070.580.70.752.24
Property, plant and equipment0.010.0100
Lease right-of-use assets0.140.390.360.3
Intangible assets2.011.91.971.97
Other non-current assets0
Total assets10714151516.7
Accounts payable0.100.10.111.61
Accrued liabilities0.490.820.220.25
Total current liabilities0.10.551.360.991.97
Lease liabilities0.120.360.330.31
Total liabilities8.94.33.931.412.96
Total debt0.270.25
Paid-in capital-10.112.49.7710.811.1
Retained earnings2.32-2.771.351.230.51
Treasury stock0
Shareholders' equity0.039.6711.113.613.7
Total equity0.039.6711.113.613.7
Total liabilities and equity10714151516.7
Shares outstanding6.8914.31515.1

Cash flow statement

FY2021FY2022FY2023FY2024FY2025
Net income2.32-2.71-1.11-0.11-0.73
Depreciation and amortization0000
Change in receivables-0.070-0.11-1.5
Change in payables0.100.10.011.51
Cash from operations-1.370.44-0.240.65-0.01
Cash from investing-3.31-0.82-0.02-0.24
Debt issued1.250.26
Debt repaid-0.760
Share buybacks-0.03-0.11
Cash from financing1083.480.82-0.690.27
Net change in cash0.290.61-0.24-0.060.02
Interest paid0000
Income taxes paid0000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.61 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin11.2%Gross profit / revenue.
Operating margin-5.1%Operating income / revenue.
EBITDA margin-5.0%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-14.5%Net income / revenue.
Operating cash flow margin-2.3%Cash from operations / revenue.
Return on equity (ROE)-6.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-5.3%Net income / average total assets.
Return on invested capital (ROIC)-1.8%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue0.1%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y513.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y202.5%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y2.6%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y66.6%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y-101.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y0.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y12.3%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y10.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y6.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.41xCurrent assets / current liabilities.
Quick ratio1.05x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.18x(Cash + short-term investments) / current liabilities.
Liabilities / assets17.2%Total liabilities / total assets.
Working capital$646.2KCurrent assets - current liabilities.
Goodwill and intangibles / assets12.7%(Goodwill + intangible assets) / total assets.
Tangible book value$11.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.37xRevenue / average total assets.
Fixed asset turnover303xRevenue / average property, plant and equipment.
Receivables turnover4.52xRevenue / average receivables.
Days sales outstanding81 days365 x average receivables / revenue.
Days payables88 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.06Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.41Revenue / diluted weighted shares.
Operating cash flow per share-$0.01Cash from operations / diluted weighted shares.
Book value per share$0.92Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.78Tangible book value / shares outstanding.
Cash per share$0.02(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$39.6MShare price x shares outstanding.
Enterprise value$39.3MMarket cap + total debt - cash - short-term investments.
P/S6.42xMarket cap / revenue.
P/B2.84xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.36xMarket cap / tangible book value, when positive.
EV/Sales6.38xEnterprise value / revenue.
Earnings yield-2.3%Net income / market cap (the inverse of P/E).
Shareholder yield0.1%(Dividends paid + share buybacks) / market cap.
What was Royalty Management Holding Corp's revenue in fiscal 2025?

Royalty Management Holding Corp reported revenue of $4.9M for fiscal 2025, 513.3% higher than the year before.

Was Royalty Management Holding Corp profitable in fiscal 2025?

No. It reported a net loss of $726.9K.

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.

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