In the first quarter of 2025, Royalty Co. reported total revenue of $3.6 million, equivalent to 1,249 gold equivalent ounces. This figure encompasses proceeds from a land agreement and interest earnings.
The company witnessed a notable rise in income from royalties, streaming agreements, pre-production activities, and loan interest. Despite this growth, proceeds from its land agreements saw a decline by $1.5 million compared to the previous year. This reduction in land agreement proceeds was attributed to higher one-time payments received in the first quarter of 2024.
Overall, the diversification in income sources points to a strategic shift for Royalty Co., aiming for stability across its revenue streams while adapting to fluctuations in specific sectors.