Quarterly ResultMay 7, 2026, 06:11 AM
Gold Royalty Q1 Adjusted EBITDA +318% to $7.0M; Revenue $7.2M
AI Summary
Gold Royalty Corp. reported record financial results for Q1 2026, with Adjusted EBITDA increasing by 318% to $7.0 million and revenue growing by 129% to $7.2 million. The company achieved a net income of $1.8 million, a significant turnaround from a net loss in the prior year. Key strategic activities included the acquisition of an additional Borborema Royalty for $45.0 million and the upsizing of its Credit Facility to $125 million.
Key Highlights
- Adjusted EBITDA increased by 318% to a record $7.0 million in Q1 2026.
- Revenue grew by 129% to a record $7.2 million for the quarter.
- Net income for the period was $1.8 million, compared to a $1.2 million loss in Q1 2025.
- Basic net income per share was $0.01, up from a loss of $0.01 per share.
- Cash provided by operating activities increased to $4.5 million from $2.5 million.
- Acquired an additional Borborema Royalty for $45.0 million ($30.0M cash, 3.6M GRC Shares).
- Upsized Credit Facility to $125 million, with an additional $25 million accordion feature.
- Gold Equivalent Ounces (GEOs) increased to 1,920 from 1,249 in Q1 2025.