Elemental Royalty reports FY results; gives FY26 outlook
Elemental Altus Royalties reported FY revenue of US$49.2 million, a 128% increase from the previous year, surpassing the updated guidance of US$42 million for 2025. The company achieved 14,285 Gold Equivalent Ounces (GEOs) for 2025, driven by contributions from various projects and the merger with EMX Royalty Corporation. Adjusted EBITDA rose to US$34.9 million, up 131%, with adjusted operating cash flow increasing by 288%. For 2026, revenue guidance is set between US$76.5 to US$94.5 million, with GEO guidance of 17,000 to 21,000 GEOs.