Elemental Royalty (ELE) Financial Statements & Analysis

Elemental Royalty (ELE) Income Statement

Elemental Royalty reported revenue of $43.64M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 167.4% from $16.32M a year earlier. Net income was $1.77M, a net margin of 4.1%. Gross margin was 62.6% and operating margin 16.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $23.79M, up 161.6% from the same quarter a year earlier.

Elemental Royalty Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Elemental Royalty Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	43.64	16.32	16.32	11.74	11.74	9.64	9.64	6.61	6.61	5.39	1.66	1.78	2.32
Cost of Revenue	16.33	7.22	7.22	6.90	6.90	5.41	5.41	2.88	2.88	1.78	1.85	1.44	1.88
Gross Profit	27.31	9.11	9.11	4.84	4.84	4.23	4.23	3.73	3.73	3.61	-0.19	0.34	0.44
Operating Expenses
Research & Development	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Selling, General & Administrative	18.90	8.78	7.40	7.46	7.46	7.29	7.29	3.61	3.61	1.78	0.92	2.12	2.70
Operating Expenses	19.96	8.78	8.85	8.03	8.03	7.61	7.61	4.04	4.04	1.78	0.92	2.12	2.70
Operating Income	7.35	0.32	2.29	-3.19	-3.19	-3.38	-3.38	-0.32	-0.32	1.83	-1.10	-1.78	-2.26
Other Income/Expense
Interest Income	0.73	0.19	0.20	0.11	0.11	0.02	0.02	0.01	0.02	0.02	0.00	0.00	0.00
Interest Expense	0.48	1.93	-2.03	2.70	2.65	4.13	4.48	3.00	3.03	1.53	0.20	0.33	0.41
Other Income/Expense	-1.32	0.69	0.75	1.44	3.98	-14.96	-10.51	-3.05	-0.04	-3.22	-1.30	-0.56	-1.00
Income
Income Before Tax	6.28	1.01	1.01	-1.75	-1.75	-18.33	-18.33	-3.36	-3.36	-1.39	-2.40	-2.34	-3.26
Income Tax Expense	4.51	1.32	1.32	1.29	1.29	-0.12	-0.12	1.36	1.36	1.38	0.00	0.00	0.00
Net Income	1.77	-0.36	-0.36	-3.90	-3.90	-18.21	-18.21	-4.73	-4.73	-2.77	-2.40	-2.34	-3.26
Net Income - Continuous Operations	1.77	-0.36	-0.31	-3.90	-3.04	-18.21	-18.21	-4.73	-4.73	-2.77	-2.40	-2.34	-3.26
Net Income - Discontinued Operations	-	-	-0.05	-	-0.86	-	-	-	-	-	-	-	-
EBITDA	23.12	10.26	7.54	7.80	7.80	-8.41	-8.41	2.55	2.55	1.92	-2.12	-1.92	-2.74
EBIT	6.76	-	0.32	-	0.90	-	-13.86	-	-0.34	1.24	-	-	-
Depreciation & Amortization	16.36	7.22	7.22	6.90	6.90	5.45	5.45	2.88	2.88	1.78	0.08	0.09	0.11
Earnings Per Share
Basic EPS	-	-	-	-	-	-2.00	-2.00	-1.00	-1.00	-1.00	-100.00	-130.00	-256.00
Diluted EPS	-	-	-	-	-	-2.00	-2.00	-1.00	-1.00	-1.00	-100.00	-130.00	-256.00
Basic Shares Outstanding	29.98	20.43	20.43	18.68	18.68	10.49	10.49	6.64	6.64	3.16	0.02	0.02	0.01
Diluted Shares Outstanding	31.60	20.43	20.43	18.68	18.68	10.49	10.49	6.64	6.64	3.16	0.02	0.02	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Elemental Royalty Financial Statements

What was Elemental Royalty's revenue in fiscal 2025?

Elemental Royalty reported revenue of $43.64M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 167.4% from $16.32M a year earlier.

Is Elemental Royalty profitable?

Yes. Elemental Royalty earned net income of $1.77M in fiscal 2025, a net margin of 4.1%. In fiscal 2024 it lost $364.00K.

What is Elemental Royalty's operating margin?

Elemental Royalty's operating income was $7.35M on revenue of $43.64M in fiscal 2025, an operating margin of 16.8%, compared with 2.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition