Altius Minerals Corporation (ALS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Altius Q2 twenty twenty six Financial Results Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Tuesday, 08/11/2026. I would now like to turn the conference over to Flora Wood, VP of Investor Relations. Please go ahead. Thank you, Vincent. Good morning, everyone, and welcome to our Q2 twenty twenty six conference call. Our press release and interim filings came out yesterday after the close and are available on our website. This event is being webcast live, and you'll be able to access a replay of the call along with the presentation slides that have been added both to the homepage in the Investors section of our website at altiusminerals.com. Brian Dalton, CEO and Stephanie Hussie, CFO, will speak on the call. And Ernie Ortiz, VP Corp Dev and Head of Lithium, is also here as a resource for us in the Q and A. The forward looking statement on slide two applies to everything we say both in our formal remarks and during the Q and A session. And with that, Stephanie is up first to take us through the numbers. Thank you, Flora, and good morning, everybody. Yesterday, we reported Q2 net earnings of $8,600,000 or $0.16 per share, reflecting higher revenues and higher expenses, including cost of sales, G and A, share based comp and amortization when compared to Q2 twenty twenty five. Royalty revenue of $30,000,000 which was a record, and adjusted EBITDA of $23,000,000 for the second quarter reflect higher realized prices, timing of copper stream deliveries, the addition of four operating lithium royalties, as well as higher electricity royalty revenue. Operating cash flow of $14,000,000 reflect high...