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SRL on NYSE

Scully Royalty Ltd.

Scully Royalty Ltd. is a company organized under the Cayman Act.2 It is headquartered in Grand Cayman, Cayman Islands.2 Its shares trade on NYSE under the symbol SRL.2

$4.76 up 0.01 (0.21%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

35.3MRevenue, fiscal 20244
-20.3MNet income, fiscal 20244

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  • TickerSRL on NYSE2
  • IndustryMineral Royalty Traders2
  • HeadquartersGrand Cayman, Cayman Islands2
  • Incorporated inCayman Islands5
  • Business addressC/O Room 2302, 23/F, Oriental Center, 31 Wujiang Road, Shanghai5
  • Filer categoryNon-accelerated filer5
  • Legal formLimited2
  • LEI529900HPRN328AU1YQ132
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered address4th Floor, Harbour Place, 103 South Church Street, Grand Cayman, Cayman Islands2
  • Registered withGeneral Registry, 168592

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We are a company organized under the Cayman Act that was incorporated on June 5, 2017. Our office is located at c/o Room 2103 Shanghai Mart Tower, 2299 Yan An Road West, Changning District, Shanghai China 200336, and its telephone number is +1 844 331 3343. Our registered office is located at P. O. Box 31119 Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 – 1205 Cayman Islands. Our website address is www.scullyroyalty.com.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2024

100.0%Gross margin4
-57.4%Net margin4
-35.7%Revenue growth, 20244
-6.5%Return on equity4
0.12×Debt to equity4
-31.6M CADFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue20¢7.1M CAD
  • Selling, general and admin70¢25.3M CAD
  • Interest7¢2.5M CAD
  • Income tax3¢1.2M CAD

Out of 35.3M CAD in revenue.4 The company lost money this year.

Financial statements

Revenue7891011435.3M CAD in 2024−87% since 2017
0100.0M CAD200.0M CAD300.0M CAD2017: 274.0M CAD274.0M CAD20172018: 139.8M CAD139.8M CAD2018−49%2019: 113.3M CAD113.3M CAD2019−19%2020: 59.4M CAD59.4M CAD2020−48%2021: 71.3M CAD71.3M CAD2021+20%2022: 63.7M CAD63.7M CAD2022−11%2023: 54.9M CAD54.9M CAD2023−14%2024: 35.3M CAD35.3M CAD2024−36%
Gross profit7891011435.3M CAD in 2024−87% since 2017
0100.0M CAD200.0M CAD300.0M CAD2017: 274.0M CAD274.0M CAD20172018: 139.8M CAD139.8M CAD2018−49%2019: 113.3M CAD113.3M CAD2019−19%2020: 59.4M CAD59.4M CAD2020−48%2021: 71.3M CAD71.3M CAD2021+20%2022: 63.7M CAD63.7M CAD2022−11%2023: 54.9M CAD54.9M CAD2023−14%2024: 35.3M CAD35.3M CAD2024−36%
Net income78910114-20.3M CAD in 2024−57% since 2017
-50.0M CAD050.0M CAD100.0M CAD150.0M CAD2017: -47.1M CAD-47.1M CAD20172018: 112.2M CAD112.2M CAD20182019: -18.4M CAD-18.4M CAD20192020: 212.0K CAD212.0K CAD20202021: 7.4M CAD7.4M CAD2021+3377%2022: -23.4M CAD-23.4M CAD20222023: 1.4M CAD1.4M CAD20232024: -20.3M CAD-20.3M CAD2024
Fiscal year20172018201920202021202220232024
Revenue274.0M CAD7139.8M CAD8113.3M CAD959.4M CAD1071.3M CAD1163.7M CAD454.9M CAD435.3M CAD4
Cost of revenue30.9M CAD1129.9M CAD419.1M CAD47.1M CAD4
Gross profit274.0M CAD7139.8M CAD8113.3M CAD959.4M CAD1071.3M CAD1163.7M CAD454.9M CAD435.3M CAD4
Selling, general and admin21.1M CAD1128.5M CAD424.2M CAD425.3M CAD4
Interest1.7M CAD111.6M CAD41.6M CAD42.5M CAD4
Income before tax17.5M CAD11-24.0M CAD410.2M CAD4-19.0M CAD4
Income tax10.2M CAD11-549.0K CAD48.8M CAD41.2M CAD4
Net income-47.1M CAD7112.2M CAD8-18.4M CAD9212.0K CAD107.4M CAD11-23.4M CAD41.4M CAD4-20.3M CAD4
Earnings per share-4 CAD/shares79 CAD/shares8-1 CAD/shares90 CAD/shares101 CAD/shares11-2 CAD/shares40 CAD/shares4-1 CAD/shares4
Earnings per share (diluted)-4 CAD/shares79 CAD/shares8-1 CAD/shares90 CAD/shares101 CAD/shares11-2 CAD/shares40 CAD/shares4-1 CAD/shares4
Shares (weighted, basic)14.8M shares1114.8M shares414.8M shares414.8M shares4
Shares (weighted, diluted)14.9M shares1114.8M shares414.8M shares414.8M shares4

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Corporate structure

Scully Royalty Ltd. sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Scully Royalty Ltd.

  • Neil S. Subin Filed SCHEDULE 13D/A on Scully Royalty Ltd., latest Sep 16, 2026 (11 filings since Feb 8, 2022)
  • Peter R. Kellogg Filed SCHEDULE 13D/A on Scully Royalty Ltd., latest Sep 16, 2026 (3 filings since Jul 25, 2022)
  • Nantahala Capital Management, LLC Filed SC 13G/A on Scully Royalty Ltd., latest Dec 2, 2022 (2 filings since Feb 14, 2022)
  • Scully Royalty Ltd. Grand Cayman, Cayman Islands
    • MERKANTI HOLDING P.L.C. Subsidiary · 99.96% · Triq -Esportaturi, Malta

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Scully Royalty Ltd. 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

ItemLatestA year beforeChange
Operating-lease assets (leased space)265.0K CAD4 Dec 31, 2023628.0K CAD4 Dec 31, 2022−57.8%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net47.7M CAD4 Dec 31, 202431.5M CAD4 Dec 31, 2023+51.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents51.8M CAD4 Dec 31, 202478.3M CAD4 Dec 31, 2023−33.9%
Long-term investments3.0M CAD4 Dec 31, 20232.4M CAD11 Dec 31, 2022+21.8%

Inventory

ItemLatestA year beforeChange
Inventory, total1.0K CAD4 Dec 31, 20241.2M CAD4 Dec 31, 2023−99.9%

Leadership

Who has led Scully Royalty Ltd., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (1)

Former names

  • MFC BANCORP LTD.Feb 17, 2016 to May 10, 20195
  • MFC Industrial Ltd.Sep 29, 2011 to Feb 11, 20165
  • TERRA NOVA ROYALTY CorpMar 30, 2010 to Sep 20, 20115
  • KHD HUMBOLDT WEDAG INTERNATIONAL LTD.Sep 29, 2005 to Mar 26, 20105
  • MFC BANCORP LTDNov 20, 1998 to Oct 14, 20055
  • ARBATAX INTERNATIONAL INCDec 24, 1996 to Jun 17, 19965

Filings

61 filings to the SEC since October 2021: 4 annual reports, 4 insider forms, 16 large holders, 37 other. The latest 20:

  1. Oct 6, 20266-K EDGAR
  2. Oct 2, 20266-K EDGAR
  3. Oct 1, 20266-K EDGAR
  4. Sep 16, 2026SCHEDULE 13D/A EDGAR
  5. Sep 16, 2026SCHEDULE 13D/A EDGAR
  6. Aug 14, 20266-K EDGAR
  7. Aug 10, 20266-K EDGAR
  8. Jul 31, 2026SCHEDULE 13D/A EDGAR
  9. Jul 31, 2026SCHEDULE 13D/A EDGAR
  10. Jul 20, 20266-K EDGAR
  11. Jul 13, 20266-K EDGAR
  12. Jul 8, 20263/A EDGAR
  13. Jul 8, 20263/A EDGAR
  14. Jul 8, 20266-K/A EDGAR
  15. Mar 26, 20263 EDGAR
  16. Mar 18, 20263 EDGAR
  17. Jan 15, 20266-K EDGAR
  18. Jan 14, 20266-K EDGAR
  19. Dec 31, 20256-K EDGAR
  20. Dec 29, 2025SCHEDULE 13D/A 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.

SEC filer profile

How Scully Royalty Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARScully Royalty Ltd.1
  • CIK0000016859
  • Employer ID (EIN)13-18181111
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company6
  • Incorporated inCayman Islands6
  • Fiscal year endsDecember 311
  • Industry code (SIC)6795 Mineral Royalty Traders1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressC/O Room 2302, 23/F, Oriental Center, 31 Wujiang Road, Shanghai, China1
  • Phone(844) 331-33431
  • Shares outstanding14,822,251 shares as of Dec 31, 20246
  • AuditorAOGB CPA Limited, Hong Kong, Hong Kong PCAOB ID 7020; no auditor attestation of internal control over financial reporting6
  • On EDGAR sinceJun 17, 19961
  • Filings537 in all: 6-K (279), SC 13D/A (55), 20-F (28), 4 (22), UPLOAD (18), CORRESP (17), SC 13D (17), SC 13G/A (16)1
    All 35 form types

    SCHEDULE 13D/A (9), DFAN14A (8), SC 13G (8), PRRN14A (7), 3 (6), 425 (5), 6-K/A (5), 20-F/A (3), 8-A12B (3), CERTNYS (3), DEFC14A (3), F-4/A (3), PREC14A (3), S-8 (3), 3/A (2), 4/A (2), S-8 POS (2), 25 (1), 25-NSE (1), 424B3 (1), 8-A12G (1), DEFA14A (1), DFRN14A (1), EFFECT (1), F-10EF (1), F-4 (1), F-X (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2025

Securities registered for trading

ClassSymbolExchange
Common Shares of US$0.001 par value eachSRLNew York Stock Exchange

From the cover page of the 20-F filed Apr 30, 2025 (Section 12(b) of the Exchange Act).6

Sources

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