Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs85¢$36.9M
- Interest1¢$478.0K
- Income tax10¢$4.5M
- Profit4¢$1.8M
Out of $43.6M in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending0¢$4.0K
- Kept or used elsewhere100¢$30.8M
Out of $30.8M of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue (Note 15) | $43.6M | $16.3M |
| Depletion of royalty interests (Note 8) | -$16.3M | -$7.2M |
| Gross profit | $27.3M | $9.1M |
| General and administrative expenses (Note 16) | -$16.5M | -$7.4M |
| Royalty generation expenses, net (Note 17) | -$1.1M | $0 |
| Share-based compensation expense (Note 14) | -$2.4M | -$1.4M |
| Share of profit of associates (Note 9) | $2.2M | $2.0M |
| Gains (losses) on disposals (Note 6, 9, and, 12) | -$2.3M | $373.0K |
| Impairment charges (Note 9) | -$2.0M | -$436.0K |
| Profit from operations | $5.3M | $2.3M |
| Interest income | $731.0K | $198.0K |
| Interest and finance expenses (Note 12) | -$478.0K | -$2.0M |
| Gain (loss) on revaluation of financial instruments (Note 7 and 11) | $769.0K | -$5.0K |
| Foreign exchange loss | -$23.0K | -$54.0K |
| Other income | $0 | $604.0K |
| Income before income taxes | $6.3M | $1.0M |
| Total income tax expense | -$4.5M | -$1.3M |
| Profit (loss) from continuing operations | $1.8M | -$312.0K |
| Net loss of discontinued operations | $0 | -$52.0K |
| Total net income (loss) | $1.8M | -$364.0K |
| Gain on revaluation of digital currency (Note 7) | $99.0K | $0 |
| Foreign currency translation adjustment | -$12.0K | $136.0K |
| Other comprehensive income | $87.0K | $136.0K |
| Total comprehensive income (loss) | $1.9M | -$228.0K |
| Continuing operations - basic (in dollars per share) | $0.06 | -$0.02 |
| Continuing operations - diluted (in dollars per share) | $0.06 | -$0.02 |
| Discontinued operations - basic (in dollars per share) | $0.00 | $0.00 |
| Discontinued operations - diluted (in dollars per share) | $0.00 | $0.00 |
| Weighted average number of common shares outstanding - basic (in shares) | 30.0M shares | 20.4M shares |
| Weighted average number of common shares outstanding - diluted (in shares) | 31.6M shares | 20.4M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (Note 5) | $53.1M | $4.5M | $11.3M |
| Trade receivables and other assets (Note 6) | $25.2M | $16.6M | |
| Investments (Note 7) | $16.1M | $0 | |
| Total current assets | $94.4M | $21.1M | |
| Trade receivables and other assets (Note 6) | $2.0M | $4.0M | |
| Investments (Note 7) | $0 | $2.2M | |
| Investment in associates (Note 9) | $1.0M | $41.1M | $43.0M |
| Royalty interests | $808.7M | $135.7M | |
| Property and equipment | $1.1M | $0 | |
| Total non-current assets | $812.9M | $183.1M | |
| Total Assets | $907.3M | $204.2M | |
| Accounts payable and accrued liabilities (Note 10) | $6.7M | $3.3M | |
| Warrant liability (Note 11) | $7.7M | $0 | |
| Total current liabilities | $14.3M | $3.3M | |
| Borrowings (Note 12) | $0 | $2.7M | |
| Deferred income tax liability (Note 13) | $112.6M | $1.7M | |
| Total non-current liabilities | $112.6M | $4.4M | |
| Total Liabilities | $126.9M | $7.8M | |
| Share Capital (Note 14) | $787.7M | $217.4M | |
| Contributed Surplus | $17.5M | $6.5M | |
| "Accumulated other comprehensive income (""AOCI"")" | $1.5M | $1.4M | |
| Deficit | -$26.3M | -$29.0M | |
| Total Shareholders' Equity | $780.4M | $196.4M | $155.2M |
| Total Liabilities and Shareholders' Equity | $907.3M | $204.2M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (Note 5) | $53.1M | $4.5M | $11.3M |
| Trade receivables and other assets (Note 6) | $25.2M | $16.6M | |
| Investments (Note 7) | $16.1M | $0 | |
| Total current assets | $94.4M | $21.1M | |
| Trade receivables and other assets (Note 6) | $2.0M | $4.0M | |
| Investments (Note 7) | $0 | $2.2M | |
| Investment in associates (Note 9) | $1.0M | $41.1M | $43.0M |
| Royalty interests | $808.7M | $135.7M | |
| Property and equipment | $1.1M | $0 | |
| Total non-current assets | $812.9M | $183.1M | |
| Total Assets | $907.3M | $204.2M | |
| Accounts payable and accrued liabilities (Note 10) | $6.7M | $3.3M | |
| Warrant liability (Note 11) | $7.7M | $0 | |
| Total current liabilities | $14.3M | $3.3M | |
| Borrowings (Note 12) | $0 | $2.7M | |
| Deferred income tax liability (Note 13) | $112.6M | $1.7M | |
| Total non-current liabilities | $112.6M | $4.4M | |
| Total Liabilities | $126.9M | $7.8M | |
| Share Capital (Note 14) | $787.7M | $217.4M | |
| Contributed Surplus | $17.5M | $6.5M | |
| "Accumulated other comprehensive income (""AOCI"")" | $1.5M | $1.4M | |
| Deficit | -$26.3M | -$29.0M | |
| Total Shareholders' Equity | $780.4M | $196.4M | $155.2M |
| Total Liabilities and Shareholders' Equity | $907.3M | $204.2M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Income (loss) for the year | $1.8M | -$364.0K |
| Depletion and depreciation | $16.4M | $7.2M |
| Impairment charge (Note 9) | $2.0M | $436.0K |
| Share-based compensation expense (Note 14) | $2.4M | $1.4M |
| Share of profit of associates (Note 9) | -$2.2M | -$2.0M |
| Loss (gain) on revaluation of financial instruments | -$769.0K | $5.0K |
| Interest and finance expenses (Note 12) | $478.0K | $2.0M |
| Tax expense (Note 13) | $4.5M | $1.3M |
| Other non-cash movements (Note 22) | $3.2M | -$893.0K |
| Accounts receivable | $5.6M | -$2.5M |
| Accounts payable and accrued liabilities | $568.0K | -$479.0K |
| Total cash provided by operating activities before taxes | $34.0M | $6.1M |
| Taxes paid | -$3.2M | -$1.3M |
| Total cash provided by operating activities | $30.8M | $4.8M |
| Distributions from SLM California (Note 9) | $3.1M | $3.9M |
| Acquisition of royalty interests (Note 8) | -$68.7M | -$3.2M |
| Net cash received from the purchase of EMX Royalty Corp. (Note 4) | $3.1M | $0 |
| Proceeds from royalty buy-back (Note 8) | $1.9M | $0 |
| Proceeds from the sale of investments | $5.2M | $3.5M |
| Purchase of Tether Gold cryptocurrency tokens (Note 7) | -$1.0M | $0 |
| Other movements (Note 22) | $5.0K | $333.0K |
| Total cash provided by (used in) investing activities | -$56.3M | $4.5M |
| Interest received | $507.0K | $198.0K |
| Interest paid | -$408.0K | -$2.0M |
| Loan repayments (Note 12) | -$28.0M | -$27.0M |
| Proceeds from private placement (Note 13 and 18) | $100.0M | $12.8M |
| Share issue costs | -$227.0K | -$91.0K |
| Proceeds from exercise of options and settlement of PSUs (Note 14) | $2.7M | $0 |
| Finance lease payments | $10.0K | $0 |
| Total cash provided by (used in) financing activities | $74.6M | -$16.1M |
| Effect of exchange rate changes on cash and cash equivalents | -$353.0K | -$54.0K |
| Change in cash and cash equivalents | $48.7M | -$6.8M |
No quarter-by-quarter statement was filed.
Corporate structure
Elemental Royalty Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Elemental Royalty Corp
- Tether Global Investments Fund, S.I.C.A.F., S.A. Filed SCHEDULE 13D/A on Elemental Royalty Corp, latest Jul 2, 2026 (2 filings since Mar 26, 2026)
- SIM Orphan, LLC Filed SCHEDULE 13G on Elemental Royalty Corp, latest Feb 9, 2026
- Elemental Royalty Corp Littleton, Colorado
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Elemental Royalty Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
Investments
Former names
- Elemental Altus Royalties Corp.Oct 8, 2025 to Nov 25, 20253
Calendar
Coming up
- Nov 10, 2026Reports results for the quarter ending Sep/20264
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
61 filings to the SEC since October 2021: 1 annual reports, 3 large holders, 57 other. The latest 20:
- Oct 1, 20266-K EDGAR
- Sep 30, 20266-K EDGAR
- Sep 22, 20266-K EDGAR
- Sep 21, 20266-K EDGAR
- Sep 17, 20266-K EDGAR
- Sep 17, 20266-K EDGAR
- Sep 15, 20266-K EDGAR
- Sep 14, 20266-K EDGAR
- Sep 8, 20266-K EDGAR
- Aug 11, 20266-K EDGAR
- Aug 11, 20266-K EDGAR
- Aug 4, 20266-K EDGAR
- Jul 29, 20266-K EDGAR
- Jul 15, 20266-K EDGAR
- Jul 2, 2026SCHEDULE 13D/A EDGAR
- Jun 25, 20266-K EDGAR
- Jun 22, 20266-K EDGAR
- Jun 18, 20266-K EDGAR
- Jun 17, 20266-K EDGAR
- Jun 11, 20266-K EDGAR
The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Tether Global Investments Fund, S.I.C.A.F., S.A.SCHEDULE 13D/A, 2 filings Mar 26, 2026 to Jul 2, 20265
- SIM Orphan, LLCSCHEDULE 13G, 1 filing Feb 9, 20266
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 88. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 2,023,454 | $35.3M | 0.0% | New |
| Sprott Inc. | 1,924,389 | $33.6M | 1.1% | +42,837 |
| Tran Capital Management, L.P. | 1,049,124 | $18.3M | 2.1% | +46,103 |
| Extract Advisors LLC | 934,458 | $16.3M | 11.3% | −162,750 |
| Medici Capital LLC | 879,123 | $15.3M | 30.1% | No change |
| Condire Management, LP | 641,515 | $11.2M | 1.2% | −32,900 |
| Geode Capital Management, LLC | 565,162 | $9.9M | 0.0% | +507,225 |
| Raymond James Financial Inc | 448,350 | $7.8M | 0.0% | +83,768 |
| UBS Group AG | 341,686 | $6.0M | 0.0% | +302,086 |
| Arbiter Partners Capital Management LLC | 336,634 | $5.9M | 1.6% | +168,317 |
| State Street Corp | 329,873 | $5.8M | 0.0% | New |
| Millennium Management LLC | 307,612 | $5.4M | 0.0% | New |
| Vanguard Portfolio Management LLC | 239,841 | $4.2M | 0.0% | New |
| Louisbourg Investments Inc. | 209,002 | $3.7M | 0.7% | +91,627 |
| Northern Trust Corp | 202,041 | $3.5M | 0.0% | New |
| Barclays PLC | 128,866 | $2.2M | 0.0% | +28,633 |
| Lazard Asset Management LLC | 118,812 | $2.1M | 0.0% | New |
| Accordant Advisory Group Inc | 91,616 | $1.6M | 1.1% | +45,671 |
| Charles Schwab Investment Management Inc | 87,617 | $1.5M | 0.0% | New |
| Bank of New York Mellon Corp | 83,403 | $1.5M | 0.0% | New |
| Cannell & Spears LLC | 82,330 | $1.4M | 0.0% | No change |
| Nuveen, LLC | 82,048 | $1.4M | 0.0% | New |
| Morgan Stanley | 71,163 | $1.2M | 0.0% | +19,901 |
| Aspen Grove Capital, LLC | 70,550 | $1.2M | 0.2% | No change |
| Bnp Paribas Financial Markets | 59,542 | $1.0M | 0.0% | +56,042 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Elemental Royalty Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARElemental Royalty Corp1
- CIK0002086771
- Filer status<br>emerging growth company an emerging growth company1
- Incorporated inZ47
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address2650 W Belleview Ave Suite D-100, Littleton, CO 801231
- Phone303-973-85851
- AuditorPricewaterhouseCoopers LLP, Toronto, Canada PCAOB ID 271; no auditor attestation of internal control over financial reporting7
- On EDGAR sinceOct 8, 20251
- Filings61 in all: 6-K (46), S-8 (3), F-X (2), 40-F (1), 40FR12B (1), 40FR12B/A (1), CERT (1), EFFECT (1)1
All 13 form types
F-10 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (40-F) Mar 24, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares, no par value | ELE | The Nasdaq Stock Market LLC |
From the cover page of the 40-F filed Mar 24, 2026 (Section 12(b) of the Exchange Act).7
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4NasdaqNasdaq calendar
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- 7