Versamet Royalties Corp
VMET Nasdaq· Mineral Royalty Traders
Last close · Oct 27, 2026
$8.83
KIRA · Stoqly’s AI analyst, in plain words
- Versamet Royalties Corp had $34.8M of revenue in fiscal 2025, up 189.1% on the year before.
- Its operating margin was 111.5%, up 100.1 pts: of every 100 in sales, about 112 is left after running the business.
- Versamet Royalties Corp made $20.3M of net profit in fiscal 2025.
Market cap
$843M
P/E
42.0x
Revenue
$34.8M
Net income
$20.3M
Free cash flow
—
Operating margin
111.5%
Versamet Royalties Corp in 30 seconds · fiscal 2025
Are sales growing?
+189.1%
Yes. Sales grew 189.1% last year.
Does it make a profit?
58.5%
Yes. It keeps 58.5% of every sale as profit.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
42.0x
One share costs 42.0 times its yearly profit per share.
What Versamet Royalties Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 30, 2026
- Legal name
- Versamet Royalties Corp
- CIK
- 0002080073
Versamet Royalties Corp · VMET
Results and finances
The last 2 fiscal years. Amounts in USD.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Sales and profit | ||
| Revenue | $12.0M | $34.8M |
| Revenue growth | — | 189.1% |
| Net interest income | $0.1M | $0.3M |
| Gross margin | 9.9% | 38.8% |
| Operating margin | 11.5% | 111.5% |
| Net income | −$2.4M | $20.3M |
| Net margin | −20.4% | 58.5% |
| Diluted EPS | −$0.03 | $0.21 |
| Cash | ||
| Cash from operations | $7.4M | $16.9M |
| Share count change | — | 25.3% |
| Debt and strength | ||
| Cash and short-term investments | $1.4M | $3.7M |
| Shareholders' equity | $211M | $234M |
| Current ratio | 0.6x | 0.7x |
| Interest coverage | 0.4x | 3.2x |
| Returns and quality | ||
| Return on equity | −1.2% | 9.1% |
| Return on tangible equity | −1.2% | 8.7% |
| Piotroski F-score | — | 6 |
| Altman Z'' | 11.4 | 1.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Versamet Royalties Corp · VMET
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.83 a share, the company is worth $843M: 42.0 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0002080073). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.