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Elemental Royalty Announces Record 128% Increase in Revenue, Exceeding Guidance for 2025, and Announces 2026 Guidance
Denver, Colorado--(Newsfile Corp. - March 24, 2026) - Elemental Royalty Corporation (TSXV: ELE) (...
About this update from Elemental Royalty Corporation
[{"type":"text","content":"Elemental Royalty Announces Record 128% Increase in Revenue, Exceeding Guidance for 2025, and Announces 2026 GuidanceDenver, Colorado--(Newsfile Corp. - March 24, 2026) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) (\"Elemental\" or the \"Company\") is pleased to report results for the year ended December 31, 2025. For the year, Elemental delivered revenue of US$43.6 million, revenue plus attributable share of Caserones1 of US$49.2 million, and adjusted EBITDA1 of US$34.9 million.2025 Financial HighlightsRecord full year revenue plus attributable share of Caserones1 of US$49.2 million, up 128% over prior year, exceeding 2025 updated guidance of US$42 million;Gold Equivalent Ounces (\"GEOs\") of 14,285 for 2025 (8,987 in 2024), driven by contributions from Karlawinda, Bonikro, Korali Sud, and Caserones, and the completion of the merger with EMX Royalty Corporation;Adjusted EBITDA1 of US$34.9 million, up 131% over prior year, demonstrating strong cash flow conversion; Adjusted operating cash flow1 of US$33.9 million, up 288% over prior year; andCash and cash equivalents as of December 31, 2025 of US$53.1 million and a working capital1 of US$80.1 million, demonstrating financial flexibility for growth.Q4 2025 Financial HighlightsRecord Q4 revenue of US$16.0 million and record revenue plus attributable share of Caserones1 of US$17.2 million, up 153% on Q4 2024Q4 attributable GEOs1 of 4,133 ounces (2,551 GEOs in Q4 2024)US$52 million acquisition of uncapped 2% GRR on the Laverton Gold Project and an uncapped 2% GRR on Jasper Hills in Western AustraliaCompletion of merger with EMX Royalty Corporation2026 Outlook and Guidance Revenue guidance for 2026 US$76.5 to US$94.5 million based on a gold price of US$4,500/oz and a copper price of US$5.50/lbGEO guidance for 2026 of 17,000 to 21,000 GEOsDavid M. Cole, Elemental Chief Executive Officer, commented: \"2025 was a landmark year for Elemental, underscored by our merger with EMX Royalty Corporation, which significantly expanded our revenue base and strengthened our platform for long-term growth. The combination creates a more broadly diversified royalty portfolio across commodities, jurisdictions, and development stages, enhancing resilience and scale, with key cash-flowing assets such as Caserones, Timok, Karlawinda, and Leeville. This broader portfolio provides greater optio...