Earnings
Empress Reports 2025 Year End Financial Results
EMPR · Price
Executive Summary
- Empress Royalty Corp. reported record FY 2025 royalty and streaming revenue of US$17.2 M, gross profit US$12.1 M, and net income US$7.4 M (up from US$1.0 M in 2024).
- Adjusted EBITDA for the year was US$13.9 M and operating cash flow was US$3.7 M, indicating strong liquidity and cash generation.
- FY 2026 guidance projects attributable gold‑equivalent ounces (GEOs) of 7,045–7,430, assuming gold at $4,000/oz and silver at $70/oz, reflecting expected growth in production and stable commodity pricing.
Key Details
- Revenue: US$17.2 M royalty & streaming revenue for FY 2025 (record).
- Gross Profit: US$12.1 M.
- Operating Cash Flow: Positive US$3.7 M.
- Net Income: US$7.4 M (↑ 640% YoY).
- Adjusted EBITDA: US$13.9 M.
- Guidance Assumptions (FY 2026):
- Gold price $4,000/oz; Silver price $70/oz.
- No major acquisitions/divestitures beyond previously announced assets.
- Continued operator performance and no material production interruptions.
- FY 2026 Attributable GEO Range: 7,045 – 7,430 ounces.
- Risk Factors Highlighted: Commodity price volatility, reliance on a small number of investments, operator‑specific delays, geopolitical and environmental risks.
- Management Commentary: CEO Alexandra Woodyer Sherron emphasized “transformational” FY 2025 performance, strong cash flow, and readiness to redeploy capital in 2026.
Notable Quotes
“2025 was a transformational year for Empress, we doubled revenue, generated strong cash flow, and strengthened our balance sheet,” – Alexandra Woodyer Sherron, CEO & President.
All forward‑looking statements are subject to the risks and uncertainties disclosed in the release.
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Jul 08, 2026 · 08:05