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Versamet Royalties Corporation

VMETNASDAQMaterialsOther Precious Metals & Mining

$8.51Today:- (-)

As of Oct 26, 2026 close

Market cap
$945.39M
P/E (TTM)
25.53
Forward P/E
-
Dividend yield
-
52-week range
$7.87$15.00
Volume (live)
-
Avg. volume (3M)
253.27K

Versamet Royalties (VMET) Income Statement

Versamet Royalties reported revenue of $34.76M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 189.1% from $12.03M a year earlier. Net income was $20.33M, a net margin of 58.5%. Gross margin was 38.8% and operating margin 111.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $23.73M, up 391.9% from the same quarter a year earlier.

Versamet Royalties Income Statement Analysis

Values in millions USD

Income StatementBalance SheetCash FlowRatios
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Versamet Royalties Corporation income statement - Annual data in millions USD
BreakdownFY 2025FY 2024FY 2023
Period endingDec 2025Dec 2024Dec 2023
Revenue & Gross Profit
Revenue34.7612.033.14
Cost of Revenue15.119.992.30
Gross Profit13.481.190.84
Operating Expenses
Research & Development0.150.05-
Selling, General & Administrative7.645.533.41
Operating Expenses-25.28-0.183.45
Operating Income38.761.38-2.60
Other Income/Expense
Interest Income0.270.150.11
Interest Expense-12.16-3.582.01
Other Income/Expense-9.16-2.252.00
Income
Income Before Tax29.60-0.87-2.50
Income Tax Expense9.271.570.62
Net Income20.33-2.45-3.12
Net Income - Continuous Operations20.33-2.45-3.12
Net Income - Discontinued Operations---
EBITDA44.942.220.41
EBIT38.761.38-0.49
Depreciation & Amortization6.180.840.90
Earnings Per Share
Basic EPS---
Diluted EPS---
Basic Shares Outstanding92.7776.2092.84
Diluted Shares Outstanding95.5176.2092.84

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

Frequently Asked Questions About Versamet Royalties Financial Statements

What was Versamet Royalties's revenue in fiscal 2025?

Versamet Royalties reported revenue of $34.76M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 189.1% from $12.03M a year earlier.

Is Versamet Royalties profitable?

Yes. Versamet Royalties earned net income of $20.33M in fiscal 2025, a net margin of 58.5%. In fiscal 2024 it lost $2.45M.

What is Versamet Royalties's operating margin?

Versamet Royalties's operating income was $38.76M on revenue of $34.76M in fiscal 2025, an operating margin of 111.5%, compared with 11.5% 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