Elemental Royalty Corporation (ELE) Income Statement
ELE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsELE revenue and net income
Where ELE's revenue goes
2025Each bar shows an amount and its share of revenue. ELE kept 4.1% of revenue as net income.
ELE profit margins
ELE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +167.4% | +65.4% | +51.9% | +46.9% |
| Gross profit | +199.9% | +86.2% | +49.9% | +85.1% |
| Operating income | +2,189.1% | — | +32.0% | — |
| Net income | — | — | — | — |
| EPS (diluted) | +7.7% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ELE quarterly EPS vs estimates
Elemental Royalty beat the analyst EPS estimate in 0 of the last 7 quarters. Next report: November 10, 2026 (estimate $0.10).
ELE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.6M | $16.3M | $11.7M | $9.6M | $6.6M | $5.4M | $1.7M | $1.8M | $2.3M | $1.8M |
| Cost of revenue | $16.3M | $7.2M | $6.9M | $5.4M | $2.9M | $1.8M | $1.9M | $1.4M | $1.9M | $1.0M |
| Gross profit | $27.3M | $9.1M | $4.8M | $4.2M | $3.7M | $3.6M | −$188,596 | $335,935 | $436,640 | $795,986 |
| Sales, general & admin | $20.3M | $8.8M | $7.5M | $7.3M | $3.6M | — | — | — | — | — |
| Total operating expenses | $20.0M | $8.8M | $8.0M | $7.6M | $4.0M | $1.8M | $915,740 | $2.1M | $2.7M | $2.6M |
| Operating income | $7.3M | $321,000 | −$3.2M | −$3.4M | −$317,000 | $1.8M | −$1.1M | −$1.8M | −$2.3M | −$1.9M |
| Interest income | $731,000 | $198,000 | $106,000 | $23,000 | $15,000 | — | — | — | — | — |
| Interest expense | $486,367 | $1.9M | $2.7M | $4.1M | $3.0M | $1.5M | $198,768 | $329,489 | $406,906 | $267,541 |
| Income before taxes | $6.3M | $1.0M | −$1.7M | −$18.3M | −$3.4M | −$1.4M | −$2.4M | −$2.3M | −$3.3M | −$3.1M |
| Income taxes | $4.5M | $1.3M | $1.3M | −$121,000 | $1.4M | $1.4M | — | — | — | — |
| Net income | $1.8M | −$364,000 | −$3.9M | −$18.2M | −$4.7M | −$2.8M | −$2.4M | −$2.3M | −$3.3M | −$3.1M |
| EBITDA | $23.1M | $10.3M | $7.9M | −$8.4M | $2.5M | $1.9M | −$2.1M | −$1.9M | −$2.7M | −$2.8M |
| EPS (diluted) | $0.14 | $0.13 | −$0.22 | −$1.08 | −$0.73 | −$26.97 | −$72.66 | −$132.41 | −$225.86 | −$309.11 |
| Gross margin | 62.6% | 55.8% | 41.2% | 43.9% | 56.4% | 67.0% | −11.3% | 18.9% | 18.8% | 43.7% |
| Operating margin | 16.8% | 2.0% | −27.2% | −35.0% | −4.8% | 34.0% | −66.4% | −100.1% | −97.4% | −101.6% |
| Net margin | 4.1% | −2.2% | −33.2% | −188.9% | −71.5% | −51.4% | −144.4% | −131.5% | −140.4% | −170.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.8M | $24.3M | $16.0M | $6.9M | $9.1M | $11.6M | $5.5M | $3.7M | $3.8M | $3.3M | $4.1M | $2.3M |
| Cost of revenue | $8.2M | $8.6M | $4.9M | $2.4M | $3.6M | $5.4M | $2.4M | $1.6M | $1.6M | $1.6M | $2.0M | $1.4M |
| Gross profit | $15.6M | $15.7M | $11.2M | $4.4M | $5.5M | $6.3M | $3.1M | $2.2M | $2.1M | $1.7M | $2.0M | $985,326 |
| Sales, general & admin | $7.4M | $7.2M | $11.4M | $2.8M | $2.4M | $2.3M | $2.4M | $1.7M | — | — | — | — |
| Total operating expenses | $8.4M | $9.0M | $12.2M | $2.6M | $2.8M | $2.4M | $2.5M | $1.7M | $2.3M | $1.9M | $2.9M | $1.5M |
| Operating income | $7.2M | $6.7M | −$1.0M | $1.8M | $2.7M | $3.9M | $610,000 | $461,000 | −$143,970 | −$205,079 | −$845,746 | −$515,371 |
| Interest income | $444,000 | $213,000 | $387,000 | $239,000 | $76,000 | $29,000 | $65,000 | $41,000 | — | — | — | — |
| Interest expense | $381,000 | $179,000 | $140,000 | $101,858 | $104,000 | $130,604 | $376,078 | $409,265 | $568,882 | $663,024 | $695,711 | $666,428 |
| Income before taxes | $7.4M | $4.2M | −$1.4M | $1.7M | $1.3M | $4.6M | $436,000 | $893,000 | $361,925 | −$678,953 | $2.8M | −$2.0M |
| Income taxes | $3.8M | $3.1M | $1.8M | $315,000 | $1.2M | $1.2M | $304,000 | $309,000 | $405,916 | $300,650 | $473,741 | $293,228 |
| Net income | $3.6M | $1.1M | −$3.2M | $1.4M | $160,000 | $3.4M | $134,000 | $630,000 | −$113,976 | −$1.0M | $2.2M | −$2.6M |
| EBITDA | $15.4M | $13.0M | $3.7M | $4.2M | $5.1M | $10.1M | $3.2M | $2.9M | $1.9M | $1.1M | $4.7M | −$71,083 |
| EPS (diluted) | $0.06 | $0.03 | −$0.07 | $0.06 | $0.01 | $0.14 | $0.01 | $0.03 | −$0.01 | $0.10 | $0.11 | −$0.14 |
| Gross margin | 65.5% | 64.6% | 69.6% | 64.3% | 60.1% | 53.8% | 56.7% | 58.1% | 56.4% | 51.1% | 50.3% | 42.0% |
| Operating margin | 30.3% | 27.4% | −6.4% | 26.2% | 29.3% | 33.6% | 11.1% | 12.4% | −3.8% | −6.2% | −20.8% | −22.0% |
| Net margin | 15.1% | 4.5% | −20.0% | 20.0% | 1.8% | 29.6% | 2.4% | 16.9% | −3.0% | −30.5% | 55.0% | −109.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ELE's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ELE financial results
In fiscal year 2025 (ended December 31, 2025), Elemental Royalty reported revenue of $43.6 million, up 167.4% from the year before. It had net income of $1.8 million, a net profit margin of 4.1%. Diluted earnings per share came to $0.14. Over five years revenue grew at an average rate of 51.9% a year.
See the ELE stock overview for the latest quote and news, or the ELE chart for price history and technical indicators.
ELE income statement FAQ
What is Elemental Royalty's annual revenue?
Elemental Royalty reported total revenue of $43.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 167.4% from $16.3 million the previous year.
Is Elemental Royalty profitable?
Yes. Elemental Royalty reported net income of $1.8 million in fiscal 2025, a net profit margin of 4.1%; its operating margin was 16.8%.
What is Elemental Royalty's gross margin?
Elemental Royalty's gross margin was 62.6% in fiscal 2025: for every $100 of revenue, Elemental Royalty kept $63 after the direct cost of its products and services.
How fast is Elemental Royalty growing?
Revenue grew 51.9% a year on average over the last five fiscal years, from $5.4 million to $43.6 million.
What are Elemental Royalty's earnings per share?
Elemental Royalty earned $0.14 per diluted share in fiscal 2025, compared with $0.13 a year earlier.
When will Elemental Royalty report its next earnings?
Elemental Royalty is expected to report results for the quarter ending September 30, 2026 on November 10, 2026.
When does Elemental Royalty's fiscal year end?
Elemental Royalty's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.