Quarterly ResultMay 7, 2026, 06:12 AM
Gold Royalty Reports Record Q1 Revenue of $7.2M, Adjusted EBITDA $7.0M
AI Summary
Gold Royalty Corp. announced record operating and financial results for the first quarter of 2026, marking its five-year anniversary. The company reported record revenue and Adjusted EBITDA, significantly improving its net income and cash position. Management appointments were also announced, with John Griffith promoted to President and Jackie Przybylowski expanding her role to include sustainability efforts.
Key Highlights
- Reported record revenue of $7.2 million for Q1 2026.
- Achieved record Adjusted EBITDA of $7.0 million, a 318% increase from Q1 2025.
- Net income was $1.771 million ($0.01 per share), compared to a net loss of $1.248 million in Q1 2025.
- Cash provided by operating activities increased to $4.474 million.
- Ended the quarter with over $13.6 million in cash, no debt, and a $150 million undrawn credit facility.
- John Griffith appointed President; Jackie Przybylowski named VP, Capital Markets & Sustainability.
- Reiterated 2026 outlook of 7,500 - 9,300 gold equivalent ounces (GEOs).
- Generated 1,920 gold equivalent ounces (GEOs) in Q1 2026.
Price Impact
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