Elemental Altus Royalties Corp. Reports Record Financial Performance
VANCOUVER, BC — Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) has announced its financial results for the first quarter of 2025, marking a significant milestone with record quarterly revenue, EBITDA, and operating cash flow. This announcement, made on May 20, 2025, underscores the company’s robust performance and strategic positioning in the gold royalty sector.
Financial Highlights
Elemental Altus reported a remarkable increase in its financial metrics compared to the same period last year. The company achieved a royalty revenue of US$11.6 million and an adjusted revenue of US$13.3 million, representing a 179% increase from Q1 2024. The attributable Gold Equivalent Ounces (GEOs) reached 4,606 ounces, up 102% from the previous year. Adjusted EBITDA soared to US$11.5 million, marking a 259% increase from Q1 2024. These figures highlight the company’s successful execution of its investment strategy and its ability to capitalize on favorable market conditions.
Market Reaction and Analyst Expectations
The market has responded positively to Elemental Altus’s performance, with the company’s close price on May 15, 2025, standing at CAD 1.41. This is a notable recovery from the 52-week low of CAD 0.97 in August 2024, although it remains below the 52-week high of CAD 1.52 achieved in April 2025. Analysts have set expectations for the company’s earnings per share (EPS) at 0.017 USD for the latest quarter, a significant improvement from the -0.010 CAD reported in the same quarter of the previous year. Revenue estimates for the quarter are projected at 9.1 million USD, compared to 4.5 million CAD in the prior year.
Looking ahead, analysts anticipate a full-year EPS of 0.065 USD, up from 0.000 CAD in the previous fiscal year. Revenue projections for the current fiscal year are also optimistic, reflecting confidence in Elemental Altus’s growth trajectory and operational efficiency.
Strategic Outlook
Elemental Altus Royalties Corp., based in Vancouver, Canada, continues to strengthen its portfolio of gold royalty and streaming agreements. The company’s focus on investing in high-quality assets and its strategic approach to capital allocation have positioned it well for sustained growth. As the gold market remains volatile, Elemental Altus’s diversified portfolio and prudent financial management are expected to drive future success.
The company’s leadership is optimistic about the outlook, citing strong market fundamentals and the potential for further expansion in its existing portfolio. Investors and stakeholders are encouraged to review the detailed financial statements and management discussion available on SEDAR+ and the company’s official website for a comprehensive understanding of its performance and strategic direction.
In conclusion, Elemental Altus Royalties Corp.’s record-breaking financial results for Q1 2025 reflect its effective strategy and operational excellence. With a solid foundation and a clear vision for the future, the company is well-positioned to capitalize on opportunities in the gold royalty sector.