Elemental Royalty Announces Record 128% Increase in Revenue, Exceeding Guidance for 2025, and Announces 2026 Guidance
Elemental Transforms into Mid-Tier Powerhouse with Record 128% Revenue Surge and Tether-Backed War Chest

The most recent news (March 24, 2026) reports record-breaking full-year 2025 financial results. Elemental exceeded its updated guidance, delivering US$49.2 million in revenue (plus Caserones share), a 128% year-over-year increase. Adjusted EBITDA rose 131% to US$34.9 million. The company ended 2025 with a robust cash position of US$53.1 million and working capital of US$80.1 million. Crucially, 2026 guidance was set at US$76.5 to US$94.5 million in revenue, nearly doubling 2025's record performance. This follows the successful completion of the EMX Royalty merger and a US$100 million investment from Tether.
The impact is Material - Positive. - Guidance Beat: Exceeding the US$42M guidance by US$7.2M demonstrates strong operational execution and conservative forecasting. - Growth Trajectory: The 2026 guidance (midpoint ~US$85M) represents a ~73% increase over 2025's record revenue, signaling that the EMX merger synergies are materializing faster than anticipated. - Financial Strength: Transitioning from a debt-heavy position in early 2025 to US$53M in cash with a newly upsized US$200M credit facility provides massive "dry powder" for accretive acquisitions. - Shareholder Returns: The initiation of a US$0.12/share annual dividend (with a unique Tether Gold option) marks the company's transition from a pure growth play to a mature, cash-generating mid-tier royalty vehicle.
Elemental Royalty Corp (formerly Elemental Altus) is a precious-metals-focused royalty company. Following the EMX merger, it holds a diversified portfolio of over 200 royalties, with 16 currently producing. - Flagship Assets: Karlawinda (2% NSR, Australia), Caserones (0.473% NSR, Chile), and the newly acquired Laverton (2% GRR, Australia). - Model: Combines traditional royalty acquisition with "Royalty Generation" (selling exploration projects while retaining NSRs), as seen in recent deals with BHP and First Quantum.