Royalties Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	0.04	0.04	-	-	-	Upgrade
Other Revenue	0.07	0.07	0.01	-	-	Upgrade
Revenue	0.11	0.11	0.01	-	-	Upgrade
Revenue Growth (YoY)	-0.94%	638.07%	-	-	-	Upgrade
Gross Profit	0.11	0.11	0.01	-	-	Upgrade
Selling, General & Admin	0.15	0.16	0.1	0.18	0.16	Upgrade
Operating Expenses	0.25	0.31	0.16	0.54	0.51	Upgrade
Operating Income	-0.14	-0.2	-0.15	-0.54	-0.51	Upgrade
Interest Expense	-	-	-0.01	-0.01	-	Upgrade
Currency Exchange Gain (Loss)	-0.21	0.02	0.04	-0.01	0.03	Upgrade
Other Non Operating Income (Expenses)	-	-	-	-0.28	-0.24	Upgrade
EBT Excluding Unusual Items	-0.35	-0.19	-0.12	-0.84	-0.72	Upgrade
Asset Writedown	-0.04	-0.17	-	-	-	Upgrade
Pretax Income	-0.39	-0.35	-0.12	-0.84	-0.72	Upgrade
Net Income	-0.39	-0.35	-0.12	-0.84	-0.72	Upgrade
Net Income to Common	-0.39	-0.35	-0.12	-0.84	-0.72	Upgrade
Shares Outstanding (Basic)	217	209	181	172	151	Upgrade
Shares Outstanding (Diluted)	217	209	181	172	151	Upgrade
Shares Change (YoY)	3.55%	15.73%	5.48%	13.49%	7.98%	Upgrade
EPS (Basic)	-0.00	-0.00	-0.00	-0.00	-0.00	Upgrade
EPS (Diluted)	-0.00	-0.00	-0.00	-0.00	-0.00	Upgrade
Gross Margin	100.00%	100.00%	100.00%	-	-	Upgrade
Operating Margin	-127.28%	-183.97%	-999.26%	-	-	Upgrade
Profit Margin	-358.88%	-318.14%	-773.75%	-	-	Upgrade
EBITDA	-0.12	-0.18	-	-	-0.5	Upgrade
EBITDA Margin	-114.27%	-164.16%	-	-	-	Upgrade
D&A For EBITDA	0.01	0.02	-	-	0.01	Upgrade
EBIT	-0.14	-0.2	-0.15	-0.54	-0.51	Upgrade
EBIT Margin	-127.28%	-183.97%	-	-	-	Upgrade
Revenue as Reported	0.11	0.11	0.01	-	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.