Elemental Royalty Corporation (ELE) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and welcome to the Elemental Altus Royalties Corporation Q3 earnings call and webcast. As a reminder, all participants are in a muted or listen-only mode to cut down on any background noise. Later, you will have the opportunity to ask questions, and instructions will be shared at that time. To get us started, I'm pleased to turn the floor over to CEO, Mr. Frederick Bell. Please go ahead, sir. Thank you, everyone, for joining our Q3 call today. This will be the last Q3. quarterly call as Elemental Altus Royalties, because for those paying attention to all of our announcements, we shortly after our Q3s announced the closing of the merger with EMX Royalty. So I am here on this presentation as the CEO of Elemental Altus, and I'll be going into the COO and President role of Elemental Royalty Corporation. And with me is Dave Baker, who is the CFO of Elemental Altus Royalty to run through our Q3s. And he will be assuming the Chief Investment Officer role for Elemental Royalty Corp moving forwards. So with that, if we can go to our highlights for the third quarter, I think the overall message here is that it's the strongest financial position in the company's history. Really good continuing cash build. We had for Q3 adjusted revenue of $8.2 million, and that is compared to Q3 in 2024 of $4.8 million. We announced the merger with EMX, and the day after our results came out, We announced the closing of it in November, and that creates about a billion US dollar market cap royalty company, a portfolio of over 200 assets and four really cornerstone royalties to build the company out going forwards. We also announced two acquisitions in September. And that was the Dugbe royalty and the Laberton royalty in Australia. And we closed the Dugbe royalty a...