Sailfish Reports Annual and Q4 2024 Results
Sailfish Royalty Corp (SROYF) has released its annual and Q4 2024 financial results. For the full year 2024, the company reported total revenues of $2.84 million, up from $2.33 million in 2023, with a gross profit of $1.87 million. The company earned 782 gold ounces from stream interests and generated royalty revenue of $974,644.
Notable achievements include the sale of 160,067 ounces of silver from its Silver Receivable for $4.4 million and a net income of $550,033, compared to a net loss of $1.1 million in 2023. The company maintained consistent quarterly dividends of $0.0125 per share throughout 2024 and repurchased 1,836,300 common shares.
In Q4 2024, Sailfish reported revenues of $725,712 and gross profit of $599,002, but recorded a net loss of $601,824 compared to a net income of $204,956 in Q4 2023. Gold ounces earned from stream interests decreased to 111 ounces in Q4 2024 from 243 ounces in Q4 2023.
Sailfish Royalty Corp (SROYF) ha pubblicato i risultati finanziari annuali e del quarto trimestre 2024. Per l'intero anno 2024, la società ha riportato ricavi totali di 2,84 milioni di dollari, in aumento rispetto ai 2,33 milioni del 2023, con un utile lordo di 1,87 milioni di dollari. L'azienda ha guadagnato 782 once d'oro da interessi di streaming e ha generato ricavi da royalty per 974.644 dollari.
Tra i risultati degni di nota vi è la vendita di 160.067 once d'argento dal suo Silver Receivable per 4,4 milioni di dollari e un utile netto di 550.033 dollari, rispetto a una perdita netta di 1,1 milioni nel 2023. La società ha mantenuto dividendi trimestrali costanti di 0,0125 dollari per azione durante tutto il 2024 e ha riacquistato 1.836.300 azioni ordinarie.
Nel quarto trimestre 2024, Sailfish ha registrato ricavi per 725.712 dollari e un utile lordo di 599.002 dollari, ma ha riportato una perdita netta di 601.824 dollari rispetto a un utile netto di 204.956 dollari nel quarto trimestre 2023. Le once d'oro guadagnate da interessi di streaming sono diminuite a 111 once nel quarto trimestre 2024 rispetto alle 243 once del quarto trimestre 2023.
Sailfish Royalty Corp (SROYF) ha publicado sus resultados financieros anuales y del cuarto trimestre de 2024. Para todo el año 2024, la compañía reportó ingresos totales de 2,84 millones de dólares, un aumento respecto a los 2,33 millones en 2023, con una ganancia bruta de 1,87 millones de dólares. La empresa obtuvo 782 onzas de oro por intereses de streaming y generó ingresos por regalías de 974.644 dólares.
Entre los logros destacados está la venta de 160.067 onzas de plata de su Silver Receivable por 4,4 millones de dólares y un ingreso neto de 550.033 dólares, en comparación con una pérdida neta de 1,1 millones en 2023. La compañía mantuvo dividendos trimestrales constantes de 0,0125 dólares por acción durante todo 2024 y recompró 1.836.300 acciones comunes.
En el cuarto trimestre de 2024, Sailfish reportó ingresos de 725.712 dólares y una ganancia bruta de 599.002 dólares, pero registró una pérdida neta de 601.824 dólares en comparación con una ganancia neta de 204.956 dólares en el cuarto trimestre de 2023. Las onzas de oro obtenidas por intereses de streaming disminuyeron a 111 onzas en el cuarto trimestre de 2024 desde 243 onzas en el mismo periodo de 2023.
Sailfish Royalty Corp (SROYF)는 2024년 연간 및 4분기 재무 결과를 발표했습니다. 2024년 전체 매출은 284만 달러로 2023년 233만 달러에서 증가했으며, 총이익은 187만 달러를 기록했습니다. 회사는 스트림 이익으로 782 온스의 금을 획득하고 로열티 수익으로 974,644달러를 벌어들였습니다.
주요 성과로는 Silver Receivable에서 160,067온스의 은을 440만 달러에 판매한 것과 2023년 110만 달러 순손실과 비교해 550,033달러의 순이익을 기록한 점이 있습니다. 회사는 2024년 내내 주당 0.0125달러의 분기별 배당금을 꾸준히 지급했으며, 보통주 1,836,300주를 재매입했습니다.
2024년 4분기에 Sailfish는 725,712달러의 매출과 599,002달러의 총이익을 보고했으나, 2023년 4분기 204,956달러 순이익과 비교해 601,824달러 순손실을 기록했습니다. 스트림 이익으로 획득한 금 온스는 2023년 4분기 243온스에서 2024년 4분기 111온스로 감소했습니다.
Sailfish Royalty Corp (SROYF) a publié ses résultats financiers annuels et du quatrième trimestre 2024. Pour l'ensemble de l'année 2024, la société a déclaré un chiffre d'affaires total de 2,84 millions de dollars, en hausse par rapport à 2,33 millions en 2023, avec un bénéfice brut de 1,87 million de dollars. La société a gagné 782 onces d'or provenant de ses intérêts de streaming et généré des revenus de redevances de 974 644 dollars.
Parmi les réalisations notables figurent la vente de 160 067 onces d'argent issues de son Silver Receivable pour 4,4 millions de dollars et un bénéfice net de 550 033 dollars, contre une perte nette de 1,1 million en 2023. La société a maintenu des dividendes trimestriels constants de 0,0125 dollar par action tout au long de 2024 et a racheté 1 836 300 actions ordinaires.
Au quatrième trimestre 2024, Sailfish a enregistré des revenus de 725 712 dollars et un bénéfice brut de 599 002 dollars, mais a enregistré une perte nette de 601 824 dollars contre un bénéfice net de 204 956 dollars au quatrième trimestre 2023. Les onces d'or gagnées grâce aux intérêts de streaming ont diminué à 111 onces au quatrième trimestre 2024, contre 243 onces au quatrième trimestre 2023.
Sailfish Royalty Corp (SROYF) hat seine Jahres- und Quartalsergebnisse für das Jahr 2024 veröffentlicht. Für das Gesamtjahr 2024 meldete das Unternehmen einen Gesamtumsatz von 2,84 Millionen US-Dollar, eine Steigerung gegenüber 2,33 Millionen US-Dollar im Jahr 2023, mit einem Bruttogewinn von 1,87 Millionen US-Dollar. Das Unternehmen erzielte 782 Unzen Gold aus Streaming-Interessen und generierte Lizenzgebühren in Höhe von 974.644 US-Dollar.
Zu den bemerkenswerten Erfolgen zählt der Verkauf von 160.067 Unzen Silber aus seinem Silver Receivable für 4,4 Millionen US-Dollar sowie ein Nettogewinn von 550.033 US-Dollar im Vergleich zu einem Nettoverlust von 1,1 Millionen US-Dollar im Jahr 2023. Das Unternehmen hielt im gesamten Jahr 2024 konstante Quartalsdividenden von 0,0125 US-Dollar pro Aktie aufrecht und kaufte 1.836.300 Stammaktien zurück.
Im vierten Quartal 2024 meldete Sailfish Umsätze von 725.712 US-Dollar und einen Bruttogewinn von 599.002 US-Dollar, verzeichnete jedoch einen Nettoverlust von 601.824 US-Dollar im Vergleich zu einem Nettogewinn von 204.956 US-Dollar im vierten Quartal 2023. Die aus Streaming-Interessen erzielten Goldunzen sanken im vierten Quartal 2024 auf 111 Unzen gegenüber 243 Unzen im vierten Quartal 2023.
- Revenue increased 21.7% to $2.84M in 2024 from $2.33M in 2023
- Gross profit grew to $1.87M in 2024 from $1.39M in 2023
- Net income of $550,033 in 2024 versus net loss of $1.11M in 2023
- Silver sales revenue doubled to $4.4M from $2.22M in 2023
- Gold ounces earned decreased to 782 in 2024 from 1,078 in 2023
- Q4 2024 resulted in net loss of $601,824 versus profit of $204,956 in Q4 2023
- Q4 gold production dropped to 111 ounces from 243 ounces year-over-year
Tortola, British Virgin Islands--(Newsfile Corp. - April 25, 2025) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the year and fourth quarter ended December 31, 2024 ("Q4 2024"). All amounts are in U.S. dollars unless otherwise indicated.
2024 Highlights:
- Gold ounces earned from stream interests of 782 for the year ended December 31, 2024 (2023 - 1,078);
- Royalty revenue earned of
$974,644 for the year ended December 31, 2024 (2023 -$261,106) ; - The Company received and sold 160,067 ounces of silver (2023 - 96,433 ounces) relating to its Silver Receivable for proceeds of
$4,404,493 for the year ended December 31, 2024 (2023 -$2,217,488) ; - Total revenues of
$2,839,933 for the year ended December 31, 2024 (2023 -$2,333,092) ; - Gross profit of
$1,866,811 for the year ended December 31, 2024 (2023 -$1,391,272) ; - Net income of
$550,033 for the year ended December 31, 2024 (2023 - net loss of$1,105,864) ; - Repurchased for cancellation an aggregate of 1,836,300 common shares of the Company under the current normal course issuer bid for the year ended December 31, 2024 (2023 - 1,080,400); and
- Declared a Q1 2024, Q2 2024, Q3 2024 and Q4 2024 quarterly dividend of
$0.01 25 per common share which were paid on April 15, 2024, July 15, 2024, October 15, 2024 and January 15, 2025, respectively.
Summary of Annual Results:
| Year ended December 31, 2024 | Year ended December 31, 2023 | ||||||
| Consolidated statements of Income (loss) and comprehensive Income (loss) | $ | $ | |||||
| | |||||||
| | Revenues | 2,839,933 | 2,333,092 | ||||
| Gross profit | 1,866,811 | 1,391,272 | |||||
| Net income (loss) | 550,033 | (1,105,864 | ) | ||||
| Net income (loss) per share from continuing operations (basic and diluted) | 0.01 | (0.01 | ) | ||||
Q4 2024 Highlights:
- Gold ounces earned from stream interests of 111 for the three months ended December 31, 2024 (2023 - 243);
- Royalty revenue earned of
$432,871 for the three months ended December 31, 2024 (2023 -$246,445) ; - Total revenues of
$725,712 for the three months ended December 31, 2024 (2023 -$712,988) ; - Gross profit of $
$599,002 for the three months ended December 31, 2024 (2023 -$499,999) ; and - Net loss of
$601,824 for the three months ended December 31, 2024 (2023 - net income of$204,956) .
Summary of Quarterly Results:
| | Three months ended December 31, 2024 | Three months ended December 31, 2023 | |||||
| Condensed interim consolidated statements of income (loss) and comprehensive income (loss) | $ | $ | |||||
| | Revenues | 725,712 | 712,988 | ||||
| Gross profit | 599,002 | 499,999 | |||||
| Net income (loss) | (601,824 | ) | 204,956 | ||||
| Net income (loss) per share from continuing operations (basic and diluted) | (0.01 | ) | 0.00 | ||||
For complete details, please refer to the Annual Consolidated Financial Statements for the years ended December 31, 2024 and 2023 and associated Management Discussion and Analysis for the year ended December 31, 2024, available on SEDAR+ (www.sedarplus.ca) or on the Company's website (www.sailfishroyalty.com).
Subsequent to Q4 2024 Highlights:
On February 25, 2025, the Company declared a dividend of
Subsequent to December 31, 2024, Sailfish purchased 518,000 common shares on-market of which 346,200 have been cancelled.
Subsequent to December 31, 2024, the Company received 54,000 ounces of silver pertaining to its Silver Receivable.
On April 8, 2025, in accordance with the terms of the Convertible Debentures, the Company provided thirty days written notice to each holder notifying them that the Company is exercising its option to convert the outstanding convertible indebtedness into common shares of the Company.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.
For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Bryan McKenzie, CFO, tel. 604-443-3834.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249745
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