Empress Reports Record Revenue With 2024 Financial Results
Empress Royalty Corp (OTCQX:EMPYF) reported record financial results for 2024, achieving revenue of US$8 million, representing a 2.2x increase from US$3.5 million in 2023. The company generated positive operational cashflow of US$3.5 million in 2024.
Growth was primarily driven by increased production from the Tahuehueto silver stream and Galaxy gold stream. The company expects further revenue growth in 2025 from these operations. Management highlighted their success in achieving substantial revenue growth while maintaining minimal shareholder dilution.
Empress Royalty Corp (OTCQX:EMPYF) ha riportato risultati finanziari record per il 2024, raggiungendo un fatturato di 8 milioni di dollari USA, con un incremento di 2,2 volte rispetto ai 3,5 milioni di dollari USA del 2023. L'azienda ha generato un flusso di cassa operativo positivo di 3,5 milioni di dollari USA nel 2024.
La crescita è stata principalmente guidata dall'aumento della produzione dal flusso d'argento Tahuehueto e dal flusso d'oro Galaxy. L'azienda prevede ulteriori crescite di fatturato nel 2025 da queste operazioni. La direzione ha evidenziato il proprio successo nel raggiungere una sostanziale crescita dei ricavi mantenendo al contempo una minima diluizione per gli azionisti.
Empress Royalty Corp (OTCQX:EMPYF) reportó resultados financieros récord para 2024, logrando ingresos de 8 millones de dólares estadounidenses, lo que representa un aumento de 2.2 veces respecto a los 3.5 millones de dólares en 2023. La compañía generó un flujo de efectivo operativo positivo de 3.5 millones de dólares estadounidenses en 2024.
El crecimiento fue impulsado principalmente por el aumento de la producción del flujo de plata Tahuehueto y el flujo de oro Galaxy. La empresa espera un mayor crecimiento de ingresos en 2025 a partir de estas operaciones. La dirección destacó su éxito en lograr un crecimiento sustancial de ingresos mientras mantenía una dilución mínima para los accionistas.
Empress Royalty Corp (OTCQX:EMPYF)는 2024년 기록적인 재무 결과를 보고하며 800만 달러의 수익을 달성했습니다. 이는 2023년 350만 달러에서 2.2배 증가한 수치입니다. 회사는 2024년 350만 달러의 긍정적인 운영 현금 흐름을 생성했습니다.
성장은 주로 타후에후에토 은 스트림과 갤럭시 금 스트림의 생산 증가에 의해 이끌어졌습니다. 회사는 이러한 운영에서 2025년에도 추가적인 수익 성장을 기대하고 있습니다. 경영진은 주주 희석을 최소화하면서도 상당한 수익 성장을 달성한 성공을 강조했습니다.
Empress Royalty Corp (OTCQX:EMPYF) a annoncé des résultats financiers record pour 2024, atteignant 8 millions de dollars américains de revenus, soit une augmentation de 2,2 fois par rapport à 3,5 millions de dollars en 2023. L'entreprise a généré un flux de trésorerie opérationnel positif de 3,5 millions de dollars américains en 2024.
La croissance a été principalement soutenue par l'augmentation de la production du flux d'argent Tahuehueto et du flux d'or Galaxy. L'entreprise s'attend à une nouvelle croissance des revenus en 2025 grâce à ces opérations. La direction a souligné son succès à atteindre une croissance substantielle des revenus tout en maintenant une dilution minimale pour les actionnaires.
Empress Royalty Corp (OTCQX:EMPYF) hat für 2024 Rekordfinanzergebnisse gemeldet und Umsätze von 8 Millionen US-Dollar erzielt, was einem Anstieg von 2,2x im Vergleich zu 3,5 Millionen US-Dollar im Jahr 2023 entspricht. Das Unternehmen generierte einen positiven operativen Cashflow von 3,5 Millionen US-Dollar im Jahr 2024.
Das Wachstum wurde hauptsächlich durch die erhöhte Produktion aus dem Tahuehueto Silberstrom und dem Galaxy Goldstrom vorangetrieben. Das Unternehmen erwartet für 2025 weiteres Umsatzwachstum aus diesen Betrieben. Das Management hob den Erfolg hervor, ein erhebliches Umsatzwachstum erzielt zu haben, während die Verwässerung der Aktionäre minimal gehalten wurde.
- Record revenue of US$8M in 2024, up 120% YoY
- Positive operational cashflow of US$3.5M
- Minimal shareholder dilution while achieving growth
- Expected revenue growth in 2025 from existing streams
- None.
VANCOUVER, BC / ACCESS Newswire / February 27, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") announces financial and operating results for the twelve months ended December 31, 2024. All amounts are in US dollars unless otherwise indicated.
"I am delighted to announce Empress achieved record revenue of US
The financial statements have been filed on Sedar+ at www.sedarplus.ca and are available on our website at www.empressroyalty.com.
ABOUT EMPRESS ROYALTY CORP.
Empress is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Empress has built a portfolio of precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.
ON BEHALF OF EMPRESS ROYALTY CORP.
Per: Alexandra Woodyer Sherron, CEO and President
For further information, please visit our website at www.empressroyalty.com, or contact us by email at info@empressroyalty.com or by phone at +1.604.331.2080.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
The information contained herein includes "forward-looking statements" and "forward looking information" as defined under applicable Canadian securities laws ("forward-looking statements"). Forward-looking statements and information can generally be identified by the use of terms such as "may", "will", "should", "expect", "intend", "estimate", continue", "believe", "plans", "anticipate" or similar terms.
Forward-looking information and statements include, but are not limited to, statements with respect to the activities, events or developments that Empress Royalty Corp. ("Empress" or the "Company") expects or anticipates will or may occur in the future, including those regarding future growth and ability to create new streams or royalties, the development and focus of the Company , its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of exploration, development and production activities of the operators of such projects; and the Company's expectations regarding future revenues.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Empress's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Empress to differ materially from any projections of results, performances and achievements of Empress including, without limitation, any inability of the operators of the properties underlying the Company's royalty and stream interests to execute proposed plans for such properties or to achieve planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, risks related to international operations, government relations and environmental regulation, uncertainty relating to the availability and costs of financing needed in the future and the Company's ability to carry out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Empress for the year ended December 31, 2024 and its other publicly filed documents under it profile a www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. Disclosure relating to properties in which Empress holds royalty or stream interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company's interest, which often may only apply to a portion of the overall project area or applicable mineral resources or reserves.
SOURCE: Empress Royalty Corp.
View the original press release on ACCESS Newswire
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