Elemental Royalty Corp
ELE Nasdaq Gold And Silver Ores Financials FY2024–FY2025
Last close · Oct 23, 2026
$15.88
0.7%What Elemental Royalty Corp does
No business description yet.
- Legal name
- Elemental Royalty Corp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 24, 2026
- Accession · CIK
- 0001628280-26-020856
0002086771
Revenue and margins
Elemental Royalty Corp had $43.6M of revenue in fiscal 2025, up 167.4% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $30.8M in fiscal 2025, 70.6% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Elemental Royalty Corp returned — to shareholders in fiscal 2025. The diluted share count rose 54.7%.
Balance sheet
Cash, debt and the ratios that show how comfortably Elemental Royalty Corp can carry it.
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Cash and short-term investments | $4.5M | $53.1M |
| Debt incl. finance leases | $2.7M | $0.0M |
| Net debt / EBITDA | −0.2x | −2.5x |
| Debt / equity | 0.0x | 0.0x |
| Interest coverage | 1.1x | 11.0x |
| Current ratio | 6.3x | 6.6x |
| Quick ratio | 6.3x | 6.6x |
| Total assets | $204M | $907M |
| Total liabilities | $7.8M | $127M |
| Shareholders' equity | $196M | $780M |
| Net debt (− = net cash) | −$1.8M | −$53.1M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | ✕ | ✓ |
| Cash from operations is positive | ✓ | ✓ |
| Return on assets rose | — | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ |
| Debt fell relative to assets | — | ✓ |
| Current ratio rose | — | ✓ |
| Share count didn't rise | — | ✕ |
| Gross margin rose | — | ✓ |
| Revenue rose relative to assets | — | ✕ |
| F-score | — / 3 | 7 / 9 |
| Accruals ratio | −2.5% | −5.2% |
| Altman Z'' | 26.68 | 6.98 |
2 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $16.3M | $43.6M |
| Gross profit | $9.1M | $27.3M |
| Operating income | $2.3M | $5.3M |
| Interest expense | $2.0M | $0.5M |
| Pretax income | $1.0M | $6.3M |
| Income tax | $1.3M | $4.5M |
| Net income | −$0.4M | $1.8M |
| Diluted shares | 0.02B | 0.03B |
| Cash flow | ||
| Cash from operations | $4.8M | $30.8M |
| Capital expenditure | $0.0M | $0.0M |
| Free cash flow | $4.8M | $30.8M |
| Depreciation and amortization | $7.2M | $16.4M |
| Stock-based compensation | $1.4M | $2.4M |
| Balance sheet | ||
| Cash and short-term investments | $4.5M | $53.1M |
| Total debt | $2.7M | $0.0M |
| Current assets | $21.1M | $94.4M |
| Current liabilities | $3.3M | $14.3M |
| Property and equipment, net | $0.0M | $1.1M |
| Total assets | $204M | $907M |
| Total liabilities | $7.8M | $127M |
| Shareholders' equity | $196M | $780M |
| Margins | ||
| Gross margin | 55.8% | 62.6% |
| Operating margin | 14.1% | 12.1% |
| EBITDA margin | 58.3% | 49.6% |
| Net margin | −2.2% | 4.1% |
| FCF margin | 29.5% | 70.6% |
| Returns | ||
| Return on capital | 0.8% | 0.5% |
| Return on capital employed | 1.1% | 0.6% |
| Return on equity | −0.2% | 0.4% |
| Return on assets | −0.2% | 0.3% |
| Return on tangible equity | −0.2% | 0.2% |
| Growth | ||
| Revenue growth | — | 167.4% |
| FCF growth | — | 539.7% |
| Share count change | — | 54.7% |
| Financial health | ||
| Net debt / EBITDA | −0.2x | −2.5x |
| Debt / equity | 0.0x | 0.0x |
| Interest coverage | 1.1x | 11.0x |
| Current ratio | 6.3x | 6.6x |
| Quick ratio | 6.3x | 6.6x |
| Capital allocation | ||
| Capex / revenue | 0.0% | 0.0% |
| Stock comp / revenue | 8.5% | 5.6% |
| Quality scores | ||
| Piotroski F-score | — | 7.0 |
| Altman Z'' | 26.7 | 7.0 |
| Accruals ratio | −2.5% | −5.2% |
Source: SEC EDGAR XBRL filings (CIK 0002086771). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.