Business
Royalty Management Holding Corporation Pre-Announces Record Breaking First Quarter 2025 Revenues of Approximately $973,000
Unaudited first quarter revenue represents nearly 400% growth in revenues from the same quarter last year First quarter revenues for 2025 exceed all of last year's revenue of the Company, showcasing ability to grow business fundamentals while in con...
About this update from Royalty Management Holding Corporation
[{"type":"text","content":"Unaudited first quarter revenue represents nearly 400% growth in revenues from the same quarter last year","length":105,"tagName":"p"},{"type":"text","content":"First quarter revenues for 2025 exceed all of last year's revenue of the Company, showcasing ability to grow business fundamentals while in conjunction with other value-added activities, such as stock repurchases and commencing dividend payments","length":249,"tagName":"p"},{"type":"text","content":"FISHERS, INDIANA - April 14, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) ("Royalty Management" "RMCO", or the "Company"), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to pre-announce the Company's estimated first quarter 2025 (ending March 31, 2025) total revenues, interest income, and income from investment in the amount of approximately $973,000, a significant increase from the first quarter of 2024 where the same number was $197,721. This 392% increase in year-over-year revenues from Royalty Management reflects the Company's continued growth in its investment income and returns from portfolio investments, including a meaningful increase in the revenue from the Company's wholly owned subsidiary, RMC Enivronmental Services LLC, which recently expanded revenues through new contracting business.","length":1020,"tagName":"p"},{"type":"text","content":"Thomas Sauve, Chief Executive Officer of Royalty Management, commented, "Our Company has been continuing its growth since going public in late 2023 through expansion of its current portfolio of investments in various resources, including deposits of rare earth elements, and new and synergistic investments in other projects that can yield royalty income to the company in the near and intermediate term. This growth in revenues in the first quarter of this year exhibits an attractive increase in returns and income from a number of our portfolio holdings, especially the addition of new environmental services contracts to our RMC Environmental Services LLC, which was previously announced on January 28, 2025. Our revenue expectations have been exceeded from that first announcement, with better returns for this invest...