Quarterly ResultAug 13, 2026, 06:08 AM
Royalty Management Q2 Net Income $375K; Revenue +38% to $1.83M
AI Summary
Royalty Management Holding Corp reported a net income of $375,220 for the second quarter of 2026, a significant improvement from a net loss of $49,528 in the prior year period. Total revenue for the quarter increased by 38% to $1.83 million, primarily driven by environmental services. For the six months ended June 30, 2026, the company recorded a net loss of $277,138, compared to a net loss of $108,283 in the same period last year, despite a 54% increase in year-to-date revenue to $3.47 million. The company also saw an increase in total assets and stockholders' equity.
Key Highlights
- Q2 2026 net income was $375,220, compared to a net loss of $49,528 in Q2 2025.
- Q2 2026 total revenue increased 38% to $1.83 million from $1.33 million in Q2 2025.
- YTD 2026 net loss was $277,138, compared to a net loss of $108,283 in YTD 2025.
- YTD 2026 total revenue increased 54% to $3.47 million from $2.25 million in YTD 2025.
- Total assets grew to $16.82 million as of June 30, 2026, from $16.65 million at year-end 2025.
- Total liabilities decreased to $2.89 million as of June 30, 2026, from $2.96 million at year-end 2025.
- Cash and cash equivalents increased to $275,916 as of June 30, 2026, from $133,064 at year-end 2025.
- Net cash used in operating activities was $211,326 YTD 2026, up from $76,916 YTD 2025.
Price Impact
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