Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Elemental Royalties (TSE:ELE)
:ELE
Holding TSE:ELE?
Track your performance easily
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 19, 2022
|% Change Since: 4.50%
|Next Earnings Date:May 19, 2022
Earnings Call Sentiment|Neutral
The earnings call for Q3 2024 presented a strong financial performance with significant revenue and EBITDA growth, a solid financial position, and promising acquisitions. However, there were some challenges with production timing and guidance reductions due to external factors. While the highlights were notable, the lowlights reflected operational delays and adjustments that somewhat balanced the achievements.Company Guidance
During the Q3 2024 earnings call for ELE.V, the company provided updated guidance and financial metrics, emphasizing a strong quarter with revenue up by 32% compared to Q3 2023. Adjusted royalty revenue reached USD 3.7 million, with total adjusted revenue at USD 4.8 million. The adjusted EBITDA was reported at USD 3.7 million, reflecting a 70% increase from the previous year, and adjusted cash flows from operations rose by 44% to USD 2.8 million. The company revised its annual revenue guidance to USD 21.6 million to USD 23.1 million and adjusted its gold equivalent ounce guidance to 9,000 to 9,500 ounces due to delays in Mali. Financially, the company achieved a net cash position for the first time in years, supported by a credit facility of USD 50 million, enhancing its capability for future acquisitions. Additionally, the acquisition of AlphaStream has positioned the company for an expected USD 6 million revenue boost in 2025.Revenue and EBITDA Growth
Q3 2024 revenue up 32% compared to Q3 2023, with adjusted revenue of USD 4.8 million and EBITDA up 70% to USD 3.7 million.
Strong Financial Position
Company achieved a net cash position for the first time in several years, with USD 50 million available between cash and undrawn credit facility.
AlphaStream Acquisition
Acquisition of AlphaStream portfolio adds approximately USD 6 million in revenue for 2025 at no additional cost, contributing to margin growth.
Gold Price Beneficial Impact
Higher gold prices positively impacted revenue from assets like Karlawinda, with plans for a 30% expansion to 150,000 ounces by 2026.
Record Financials
Record adjusted EBITDA of USD 3.7 million, up 72% year-on-year, and adjusted cash flows from operations of USD 2.8 million, up 44%.
---
TSE:ELE Earnings History
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 |
|---|---|---|---|
| Nov 18, 2024 | C$1.11 | C$1.11 | 0.00% |
| Aug 19, 2024 | C$1.02 | C$1.00 | -1.96% |
| May 21, 2024 | C$1.19 | C$1.20 | +0.84% |
| Apr 17, 2024 | C$1.22 | C$1.17 | -4.10% |
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 (TSE:ELE) report earnings?
Elemental Royalties (TSE:ELE) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Elemental Royalties (TSE:ELE) earnings time?
Elemental Royalties (TSE:ELE) earnings time is at Apr 25, 2025, TBA Not 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?
Currently, no data Available
---