The earnings call presented a challenging short-term outlook with significant revenue declines and negative EBITDA. However, the company remains optimistic about its long-term prospects due to low-cost operations, a strong cash position, and upcoming projects expected to boost revenue. The positive long-term demand outlook for lithium and ongoing M&A activity provide potential upside.

Company Guidance -

Q1 2025

During the third quarter 2024 earnings call for Lithium Royalty Corp. (LIRC.TO), the company reported a 93% year-over-year decline in revenue, primarily due to a 74% drop in spodumene prices and operational challenges like Core Lithium entering care and maintenance. Despite these challenges, the company maintains a strong position with a debt-free balance sheet and $7.1 million in cash. General and administrative expenses were tightly controlled, decreasing by 38% year-over-year to $836,000. LRC anticipates a more favorable 2025, expecting a revenue increase driven by volume growth and potential price recovery. The company highlighted ongoing and upcoming projects, such as Ganfeng's Mariana and Zijin's Tres Quebradas, expected to contribute to revenue in 2025, with Atlas Lithium and Sigma Lithium also advancing their operations. The sector is experiencing increased M&A activity, exemplified by Rio Tinto's $6.7 billion acquisition of Arcadium Lithium, which LRC views as beneficial for enhancing its portfolio and project timelines.

Low Cost Structure and Strong Financial Position

Lithium Royalty Corp. maintains a low-cost structure with only 10 employees and minimal cash G&A, which declined by 38% year-over-year. The company is debt-free with $7.1 million cash on hand.

Positive Long-term Lithium Demand Outlook

Global EV sales are on track to increase by 20% compared to 2023, and stationary energy storage is forecasted to grow by 100% in 2024. These factors indicate strong long-term demand for lithium.

M&A Activity Enhancing Portfolio

Recent M&A activity, such as Rio Tinto's $6.7 billion acquisition of Arcadium Lithium, is expected to improve LRC's portfolio over time with more robust counterparties.

Upcoming Revenue Sources

Several projects, including Ganfeng's Mariana, Zijin's Tres Quebradas, and Sigma Lithium's Phase 2 expansion, are expected to add incremental revenue in 2025.

Lithium Royalty Corp. (TSE:LIRC) 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

Daily Earnings Calendar >

TSE:LIRC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 18, 2025	2025 (Q2)	-0.01 / -	0.004	―	―	―
Apr 30, 2025	2025 (Q1)	>-0.01 / -0.02	-0.027	15.79% (<+0.01)	―	―
Mar 17, 2025	2024 (Q4)	-0.02 / >-0.01	-0.028	70.00% (+0.02)	―	―
Nov 11, 2024	2024 (Q3)	-0.01 / -0.04	-0.042	0.00% (0.00)	―	―
Aug 08, 2024	2024 (Q2)	>-0.01 / <0.01	-0.028	120.00% (+0.03)	―	―
May 13, 2024	2024 (Q1)	>-0.01 / -0.03	-0.056	52.50% (+0.03)	―	―
Mar 27, 2024	2023 (Q4)	-0.02 / -0.03	0.067	-141.67% (-0.09)	―	―
Nov 14, 2023	2023 (Q3)	0.02 / -0.04	0.159	-126.32% (-0.20)	―	―
Aug 14, 2023	2023 (Q2)	-0.02 / -0.03	―	―	―	―
May 15, 2023	2023 (Q1)	- / -	0.061	―	―	―

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:LIRC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 30, 2025	C$5.10	C$4.70	-7.84%
Mar 17, 2025	C$4.28	C$4.18	-2.34%
Nov 11, 2024	C$5.68	C$5.70	+0.35%
Aug 08, 2024	C$6.60	C$6.89	+4.39%

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 Lithium Royalty Corp. (TSE:LIRC) report earnings?

Lithium Royalty Corp. (TSE:LIRC) is schdueled to report earning on Aug 18, 2025, After Close (Confirmed).

What is Lithium Royalty Corp. (TSE:LIRC) earnings time?

Lithium Royalty Corp. (TSE:LIRC) earnings time is at Aug 18, 2025, After Close (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:LIRC EPS forecast?

TSE:LIRC EPS forecast for the fiscal quarter 2025 (Q2) is -0.01.

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