Empress Reports 2026 Second Quarter Financial Results
VANCOUVER, BC / ACCESS Newswire / August 10, 2026 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2026, highlighting continued portfolio performance, disciplined execution, and strong year-over-year growth.
"Our first half 2026 results demonstrate the increasing scale and financial strength of Empress, with six month revenue increasing 166% to over US$17M and income from operations increasing 285% to US$10M," stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. "We ended the quarter with US$21M in cash, gold and silver, providing significant flexibility to pursue new investment opportunities. With growing cash flow from our existing portfolio, we remain focused on disciplined capital allocation, portfolio expansion and building sustainable long term value for our shareholders."
Key Financial and Operating Highlights for the Six and Three Months Ended June 30, 2026
(All figures are in U.S. dollars unless otherwise noted)
- Revenue Growth: Generated US$17.3M in revenue for the six months ended June 30, 2026, an increase of 166% from US$6.5M in the comparative 2025 period, including US$8.2M in second quarter revenue.
- Gross Profit Expansion: Achieved a six-month gross profit of US$12.8M (a 184% increase compared to US$4.5M in the first half of 2025), supported by US$6.0M delivered in Q2, underscoring high-margin performance across portfolio assets.
- Triple-Digit Operational Income: Generated US$10.0M in income from operations, a 285% increase from US$2.6M in the comparative 2025 period.
- Strengthening Financial Position: Total combined liquid reserves expanded to US$21.1M at June 30, 2026, driven by a US$1.9M six-month increase in cash to US$5.1M and a US$12.1M expansion in liquid metals holdings to US$16.0M.
- Profitable Net Earnings: Delivered six-month net income of US$3.9M in Q2 2026, compared with US$1.6M in the first half of 2025. Results include a US$4.7M non-cash fair value remeasurement loss on metal holdings due to short-term gold and silver market price declines and US$1.0M in income taxes.
These strong results reflect the continued performance from the Company's producing royalty and streaming portfolio and provide Empress with a strong financial foundation to pursue additional investment opportunities.
The financial statements and accompanying Management's Discussion and Analysis (MD&A) have been filed on SEDAR+ (www.sedarplus.ca) and are also available on the Company's website at www.empressroyalty.com.