ELEMENTAL ALTUS ANNOUNCES Q3 RESULTS & INCREASED REVENUE GUIDANCE
https://www.newswire.ca/news-r…e-guidance-890810474.html
Financial Highlights
- Royalty revenue of US$6.9 million and adjusted revenue1 of US$8.2 million, up 70% on Q3 2024
- Record Operating Cash Flow plus Caserones dividends of US$5.0 million, up +78% on Q3 2024
- Attributable Gold Equivalent Ounces1 ("GEO") of 2,362 ounces, up 22% on Q3 2024 and adjusted EBITDA1 of US$6.2 million, up 67% on Q2 2024
- Revenue guidance increased for the second time to US$42 million at the midpoint, based on a US$4,000/oz gold price for Q4 2025
- Merger with EMX Royalty Corporation ("EMX") expected to close in November, forming a new mid-tier precious metals focused royalty company
Financial Performance for the 3 and 9 months ended September 30, 2025 and 2024:
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Three months ended September 30, |
Nine months ended September 30, |
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2025 |
2024 |
2025 |
2024 |
|
|
$'000 |
$'000 |
$'000 |
$'000 |
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Income Statement |
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Total revenue |
6,863 |
3,725 |
27,596 |
10,804 |
|
Adjusted revenue1 |
8,216 |
4,825 |
31,974 |
14,773 |
|
Total net profit / (loss) |
1,373 |
630 |
4,981 |
(498) |
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Cash Flow Statement |
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Cash flows from operations plus Caserones dividends1 |
5,030 |
2,818 |
22,734 |
5,423 |
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Other Non-IFRS Measures |
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Adjusted EBITDA1 |
6,190 |
3,702 |
26,445 |
10,342 |
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Total attributable Gold Equivalent Ounces ("GEO") 1 | ||||