Northwire Canada EditionThursday, July 30, 2026
Northwire
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Earnings

Vox Royalty Announces Q2 2025 Financial Results and Declares Quarterly Dividend

VOXR · Price

Executive Summary

  • Vox Royalty Corp. reported Q2 2025 results with positive operating cash flow of $1.76 M and a net loss of $(0.39) M, while royalty revenue increased to $2.87 M for the quarter.
  • The company completed an $11.7 M cash acquisition of a producing copper‑gold royalty at Kanmantoo (South Australia) and reiterated FY 2025 royalty revenue guidance of $13–$15 M.
  • Board declared a quarterly dividend of $0.0125 per common share payable on October 14 2025.

Key Details

  • Financial Highlights – Q2 2025 vs. Q2 2024
  • Cash & accounts receivable: $13.16 M (up from $11.11 M).
  • Working capital: $10.48 M (up from $8.25 M).
  • Operating cash flow: $1.76 M (down from $2.01 M YoY).
  • Royalty revenue Q2: $2.87 M (vs. $2.84 M YoY).
  • Total revenue Q2: $2.77 M (vs. $2.84 M YoY).
  • Net loss Q2: $(0.39) M (vs. $(0.33) M YoY).

  • Acquisition – Kanmantoo copper‑gold royalty

  • Completed May 15 2025; cash consideration $11.7 M paid to a private Australian seller.
  • Funding: $11.7 M drawdown under BMO credit facility on May 14 2025.

  • Debt Management – Repaid $5 M of BMO facility post‑quarter, leaving $6.7 M outstanding.

  • Guidance & Outlook

  • FY 2025 royalty revenue guidance reaffirmed at $13–$15 M.
  • Anticipated revenue drivers: Kanmantoo royalty (steady Q3/Q4), Janet Ivy royalty (40% capacity increase to 7 Mtpa, LOM up to 8 Mtpa), Wonmunna royalty (shipping rate normalization), Castle Hill and Bulong royalties (production ramp‑up).

  • Dividend

  • Quarterly dividend declared: $0.0125 per common share.
  • Payment date: October 14 2025; record date September 30 2025.
  • Canadian shareholders receive CAD amount based on Bank of Canada rate as of June 30 2025; eligible dividend status noted.

  • Index Inclusion – Added to Russell 2000® and Russell 3000® indexes as of June 30 2025.

Notable Quotes

“Vox has delivered another strong quarter marked by positive cash flow, an increase in comparative quarter royalty receipts, the accretive acquisition of a producing copper‑gold royalty at Kanmantoo… We expect revenue and operating income to increase in the second half of the year…” – Kyle Floyd, CEO


All amounts are presented in U.S. dollars unless otherwise noted.

Read the original news release →

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