Elemental Altus reported strong financial results with record revenue, significant growth in EBITDA and cash flow, driven by key assets like Korali-Sud and Karlawinda. The company is in a strong financial position with substantial liquidity and new investor support from Tether Investments. However, there are challenges, including paused revenue from Wahgnion and higher tax costs. Overall, the positive aspects significantly outweigh the challenges.

Company Guidance

During the Q2 2025 call for Elemental Altus, CEO Fred Bell and CFO David Baker highlighted several key financial metrics showcasing the company's robust performance. Adjusted revenue reached $10.5 million, doubling year-on-year, while adjusted EBITDA surged by 150% to $8.8 million. Operating cash flows also increased to $14.4 million, reflecting a solid production base with nearly 3,200 GEOs in Q2, a 44% increase, and a record 7,800 GEOs for H1. The company's financial strength is further demonstrated by $30 million in cash and an undrawn $50 million credit facility, providing $80 million of liquidity. Revenue guidance was upgraded to $35-40 million for 2025, supported by strong performances from key assets like Korali-Sud, which generated $9.1 million in royalty revenue year-to-date. Additionally, new investor Tether Investments provides strong backing, enabling Elemental Altus to capitalize on acquisition opportunities and enhance its portfolio.

Record Revenue and Strong Financial Position

Elemental Altus achieved record revenue for Q1 and Q2 of fiscal year 2025, with adjusted revenue doubling year-on-year to $10.5 million. The company has a strong financial position with $30 million in the bank and an undrawn $50 million credit facility.

Significant EBITDA and Cash Flow Growth

Adjusted EBITDA increased by 150% year-on-year to $8.8 million, and operating cash flows rose to $14.4 million, up from $1.5 million the previous year. Free cash flow reached $9.7 million.

Growth Driven by Key Assets

Korali-Sud generated $9.1 million year-to-date in royalty revenue, driving much of the growth. Karlawinda and Caserones also performed well, with Karlawinda achieving 117,000 ounces and expansion plans approved for further growth.

Increased Revenue and GEO Guidance

Revenue guidance increased to USD 35 million to USD 40 million for 2025, with GEO guidance of 11,600 to 13,200, up nearly 40% year-on-year at the midpoint.

New Investor Support

Tether Investments joined as a new investor, supporting Elemental Altus's future growth plans and providing strong backing for capital deployment.

Elemental Royalties (TSE:ELE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:ELE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 19, 2025	2025 (Q3)	0.02 / -	0	―	―	―
Aug 18, 2025	2025 (Q2)	0.02 / 0.00	0	―	―	―
May 20, 2025	2025 (Q1)	- / -	-0.014	―	―	―
Apr 16, 2025	2024 (Q4)	0.02 / 0.03	-0.014	300.00% (+0.04)	―	―
Nov 18, 2024	2024 (Q3)	<0.01 / 0.00	-0.014	―	―	―
Aug 19, 2024	2024 (Q2)	<0.01 / 0.00	-0.014	―	―	―
May 21, 2024	2024 (Q1)	- / -	-0.014	―	―	―
Apr 17, 2024	2023 (Q4)	>-0.01 / -0.01	-0.014	0.00% (0.00)	―	―
Nov 23, 2023	2023 (Q3)	-0.01 / -0.01	-0.042	66.67% (+0.03)	―	―
Aug 21, 2023	2023 (Q2)	-0.01 / -0.01	-0.042	66.67% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:ELE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 18, 2025	C$2.00	C$2.04	+2.00%
May 20, 2025	C$1.41	C$1.41	0.00%
Apr 16, 2025	C$1.39	C$1.49	+7.19%
Nov 18, 2024	C$1.11	C$1.11	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Elemental Royalties Corp. (TSE:ELE) report earnings?

Elemental Royalties Corp. (TSE:ELE) is schdueled to report earning on Nov 19, 2025, Before Open (Confirmed).

What is Elemental Royalties Corp. (TSE:ELE) earnings time?

Elemental Royalties Corp. (TSE:ELE) earnings time is at Nov 19, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:ELE EPS forecast?

TSE:ELE EPS forecast for the fiscal quarter 2025 (Q3) is 0.02.

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