Quarterly ResultAug 5, 2026, 04:59 PM
Gold Royalty Q2 Net Income $1.78M, Revenue $6.73M
AI Summary
Gold Royalty Corp. reported strong financial results for Q2 2026, with net income reaching $1.78 million and revenue increasing to $6.73 million. Adjusted EBITDA also saw significant growth, rising to $5.60 million. The company expanded its portfolio through the acquisition of an additional Borborema Royalty for $45 million and an additional REN Royalty for $6.25 million. It also established a joint venture for Borborema LP and upsized its credit facility to $125 million.
Key Highlights
- Q2 2026 net income was $1.78 million, a significant improvement from a loss in Q2 2025.
- Q2 2026 revenue increased 76.1% to $6.73 million from $3.82 million in Q2 2025.
- Adjusted EBITDA for Q2 2026 grew 136.9% to $5.60 million from $2.36 million.
- Gold Equivalent Ounces (GEOs) for Q2 2026 increased 30.5% to 1,757 from 1,346.
- Acquired additional Borborema Royalty for $45 million, including $30 million cash.
- Established Borborema LP joint venture; Taurus acquired 49.9978% for $22.5 million.
- Acquired additional REN Royalty for $6.25 million cash.
- Upsized credit facility to $125 million, with a 25 basis points interest rate reduction.
Price Impact
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