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Royalty Management Holding Corporation Announces First Quarter 2025 Financial Results and Reports 470% Year Over Year First Quarter Revenue Growth

Company Reports Total Revenues of Approximately $923,000 for First Quarter 2025, an Increase in Year-over-year by 470% From First Quarter 2024

 Total Assets Increased to Approximately $15,723,000 and Total Shareholders’ Equity Increased to Approximately $13,981,000

Thomas Sauve, Chief Executive Officer of the Company, stated, “First quarter of 2025 exhibits the Company’s progress towards revenue expansion and continued execution of accretive agreements and investments.  With first quarter revenue just shy of $1,000,000, we have been able to expand our revenues by about 470% from the same quarter last year, and we see additional upside potential from there.  As consistent with our previously stated goals, given our strong balance sheet and low corporate overhead, we are focused on continually evaluating new opportunities as well as maximizing value to our shareholders through growth investments as well as stock buy backs and dividends in the future.”

Tom continued, “We are continuing our stock repurchase program as we feel our share price is undervalued compared to our Company’s fundamental value, and we are paying our first cash dividend to shareholders at the end of the second quarter, a payment that the Board of Directors has authorized to continue for the next four quarters.  Through these actions, along with continued progress on our current portfolio holdings and new investments, we are laser focused on creating shareholder value.”

First Quarter 2025 Key Highlights (Unaudited):

  • Several portfolio holdings, including NeoRe, TR Mining, FUB Mineral, Ferrox Holdings, and ReElement Technologies (described below), are in the rare earth and critical mineral industries that were deemed by President Trump as being key focuses of the United States Government support, which can result in enhanced exposure and increased value for certain Company investments and holdings.

  • Significantly expanded revenues from RMC Environmental Services through the execution of new service contracts in February 2025, reflecting only a portion of the full quarterly revenue of this contract in the first quarter.

  • The Company continued its stock repurchases through the purchase of 30,000 more shares of common stock during the first quarter 2025, putting total shares repurchased by the Company at 71,177 shares.

Select Financial Results for First Quarter 2025 (Unaudited):                                  

  • For the first quarter of 2025, Royalty Management reported total revenues of $923,223 (approximately $3.7 million total revenues on an annualized basis), as compared with total revenues of $162,100 for the same period in 2024, equating to a 470% increase, period-over-period in revenues.

  • Increase in Total Assets of 4.5% quarter over quarter from $15,040,664 to $15,723,265, and an increase of Stockholders’ Equity from $13,981,369 quarter over quarter from $13,625,724.

  • The Company incurred a narrow net loss of $58,755 for the year-to-date 2025.

  • Total assets were $15,723,265, an increase from $15,040,664 from year end 2024, and shareholder equity of $13,981,369, an increased from $13,625,724 as of year end 2024.

Select Portfolio Holdings

Royalty Management has put together an exciting portfolio of royalty assets which support growing or transitioning industries and to generate near-future royalty and income streams. Some of RMCO’s select portfolio holdings include:

NeoRe, SpA. – An option to acquire an equity ownership position in the operations of NeoRe’s La Marigen ionic clay project, containing the heavy and light rare earth elements Terbium, Dysprosium, Praseodymium, and Neodymium, among others. 

ReElement Technologies Corporation – Sponsored research and royalty agreement to develop low cost novel methods of purification of platinum group metals, silver, and gold from recycled and ore feedstocks.  RMCO is sponsoring the research in return for a royalty from the use of the developed technologies.

FUB Mineral LLC, an entity that owns over 2,200 acres of metallurgical (steelmaking) coal property in eastern Kentucky covering two coal seams and located within a mining complex that has processing capabilities and rail loadout.  

Greenhouse Technology – The Company has invested into intellectual property that is a key constituent to the next level of indoor agriculture and technology.  RMCO receives a royalty based on the sales of this technology and products.

RMC Environmental Service LLC – A wholly-owned, environmental service business line of RMCO that supports residential, municipal and commercial development in and around Hamilton County, Indiana. The company typically provides enough revenue and earnings to cover the majority, if not all, of the parent (Royalty Management Holding Corporation) company’s expenses.

Ferrox Holdings Ltd. - A majority owner of the Tivani Project; ilmenite, iron, vanadium and phosphate project which is in an advance development stage. It is located in the long-term mining region of the Limpopo Province in South Africa. Ferrox is the holding company for several South African subsidiaries and is focus is on developing mineral resources in Sub Saharan Africa.

TR Mining – A high quality, Jamaica-based diversified mineral project with a focus on iron ore, titanium and vanadium with an initial estimated deposit of 212,925,000 tons of raw feedstock with an estimated 106,462,500 tons of ore body, based on an average of 50% magnetic material. The project is part of a Special Exclusive Prospecting License (or “SEPL”) that covers an area of approximately 25 permitted square kilometers. TR Mining is 51% owned by American Infrastructure Corporation and 49% owned by TR Mining & Equipment Limited, where RMC owns a royalty interest from the sale of produced product from the operation.

Advanced Magnet Lab, Inc. (AML) - AML is a recognized leader in the development of innovative magnet technologies and magnet-based applications. Today, AML is executing on multiple product development programs including magnet materials and PM-Wire™ based motors and generators for industrial, aerospace and defense. This includes projects funded by large industry, U.S. Department of Energy and U.S. Department of Defense. RMCO has an ownership interest in AML through its participation in their Series A round of capital raising.

Center for Advancing Sustainable and Distributed Fertilizer Production (CASFER) - CASFER vision is to enable resilient and sustainable food production by developing next generation, modular, distributed, and efficient technology for capturing, recycling, and producing decarbonized nitrogen-based fertilizers (NBFs). CASFER brings together a diverse leadership and the convergence of a multidisciplinary team drawn from Texas Tech University, Florida A&M University, Georgia Institute of Technology, Case Western Reserve University, and Massachusetts Institute of Technology. RMCO is a gold member of CASFER providing commercial technology rights into one of the fastest growing markets of fertilizer recycling.

Heart Water, Inc. - Heart Water offers artisan alkaline rainwater with the aim of saving the depleting water resources. Heart Water is a cloud-harvested, nature-purified, and micro-filtered process, this is the purest alkaline water on the planet. The company has a unique process that utilizes ultraviolet light technology, multi-stage purification, and ozone oxidation, ensuring the naturally purest water available. RMCO owns an equity stake in Heart Water and will collect a royalty interest from each bottle of water that is sold from the facilities constructed by RMC’s investment.

ROYALTY MANAGEMENT HOLDING CORPORATION
STATEMENTS OF OPERATIONS (Unaudited)

 

 

For the Three Months
Ended March 31, 2025

 

 

For the Three Months
Ended March 31, 2024

 

Environmental Services

 

 

898,334

 

 

 

136,020

 

Fee Income

 

 

2,389

 

 

 

3,580

 

Rental Income

 

 

22,500

 

 

 

22,500

 

TOTAL REVENUE

 

 

923,223

 

 

 

162,100

 

 

Cost of Revenue

 

 

(669,900)

 

 

(2,693)

 

GROSS PROFIT

 

 

253,323

 

 

 

159,407

 

Intangibles Amortization Expense

 

 

(14,211)

 

 

(14,211)

Depreciation Expense

 

 

(396)

 

 

(396)

General and Administrative Expenses

 

 

(208,733)

 

 

(125,308)

Professional Fees

 

 

(141,193)

 

 

(5,694)

Total Operating Expenses

 

 

(364,533)

 

 

(145,609)

 

NET (LOSS) INCOME FROM OPERATIONS

 

 

(111,210)

 

 

13,798

 

 

OTHER INCOME (EXPENSE)

 

 

 

 

 

 

 

 

Interest Income

 

 

37,759

 

 

 

35,621

 

Income From Investment

 

 

2,222

 

 

 

1,329

 

Gain on Warrant Fair Value Adjustment

 

 

19,436

 

 

 

161,155

 

Interest Expense

 

 

(6,962)

 

 

(58,147)

Total Other Income

 

 

52,455

 

 

 

139,958

 

NET (LOSS) INCOME

 

 

(58,755)

 

 

153,756

 

Weighted Average Shares Outstanding, Basic and Diluted

14,938,128

14,504,095

Basic and Diluted Net Income Per Ordinary Share

 $

(0.00)

 $

0.01

 

The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

ROYALTY MANAGEMENT HOLDING CORPORATION
BALANCE SHEET (Unaudited)

 

 

March 31, 2025

 

 

December 31, 2024

 

ASSETS

 

 

 

 

 

 

Cash

 

$

132,539

 

 

$

114,138

 

Accounts Receivable

 

 

810,793

 

 

 

180,881

 

Prepaid Insurance

 

 

-

 

 

 

3,626

 

Interest Receivable

 

 

297,550

 

 

 

260,069

 

Fee Income Receivable

 

 

211,872

 

 

 

194,482

 

Total Current Assets

 

 

1,452,754

 

 

 

753,196

 

Investments in Corporations and LLCs

 

 

10,238,148

 

 

 

10,235,925

 

Convertible Notes Receivable

 

 

1,430,000

 

 

 

1,430,000

 

Notes Receivable

 

 

96,922

 

 

 

93,422

 

Due from Related Party

 

 

316

 

 

 

316

 

Intangible Assets, Net

 

 

1,958,688

 

 

 

1,972,899

 

Restricted Cash

 

 

195,350

 

 

 

195,350

 

Tools, Machinery & Equipment, Net

 

 

3,435

 

 

 

3,832

 

Operating Lease Right-Of-Use Assets, Net

 

 

347,652

 

 

 

355,724

 

 

TOTAL ASSETS

 

$

15,723,265

 

 

$

15,040,664

 

 

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

Accounts Payable – Related Party

 

$

-

 

 

$

381,243

 

Accounts Payable

 

 

784,451

 

 

 

105,326

 

Due to Related Party

 

 

-

 

 

 

1,500

 

Current Portion of Operating Lease Liabilities

 

 

34,334

 

 

 

33,490

 

Notes Payable

 

 

250,000

 

 

 

250,000

 

Accrued Expenses

 

 

257,300

 

 

 

218,377

 

Total Current Liabilities

 

 

1,326,085

 

 

 

989,936

 

Operating Lease Liabilities, Net of Current Portion

 

 

336,491

 

 

 

326,248

 

Fair Value Liability of Public Warrants

 

 

79,320

 

 

 

98,756

 

Fair Value Liability of Private Warrants

 

 

-

 

 

 

-

 

TOTAL LIABILITIES

 

 

1,741,896

 

 

 

1,414,940

 

COMMITMENTS AND CONTINGENCIES (Note 14)

 

 

 

 

 

 

 

 

STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

Preferred Stock: $0.0001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding for both March 31, 2025 and December 31, 2024

 

 

-

 

 

 

-

 

Preferred Stock: $0.0001 par value; 5,000,000 shares authorized, 2,045,379 and 1,607,886 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively

 

 

2,045,379

 

 

 

1,607,886

 

Common Stock: $0.0001 par value; 100,000,000 shares authorized, 14,938,128 and 14,958,817 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively

 

 

1,498

 

 

 

1,496

 

Treasury Stock: $0.0001 par value; 40,000 and 0 shares, respectively as of March 31, 2025 and December 31, 2024

 

 

(4)

 

 

 

-

 

Additional Paid-In Capital

 

 

10,761,663

 

 

 

10,784,754

 

Retained Earnings

 

 

1,172,833

 

 

 

1,231,588

 

Total Stockholders’ Equity

 

 

13,981,369

 

 

 

13,625,724

 

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

 $

15,723,265

 

15,040,664

 

 

The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

ROYALTY MANAGEMENT HOLDING CORPORATION
STATEMENTS OF CASH FLOWS (Unaudited)

 

 

For the Three Months
Ended March 31, 2025

 

 

For the Three Months
Ended
March 31, 2024

 

Cash Flows from Operating Activities:

 

 

 

 

 

 

Net (Loss) Income

 

$

(58,755)

 

$

153,756

 

Adjustments to Reconcile Net (Loss) Income to Net Cash Used in Operations

 

 

 

 

 

 

 

 

Amortization Expense of Operating Lease Right-of-Use Assets

 

 

19,159

 

 

 

1,399

 

Amortization of Intangibles

 

 

14,211

 

 

 

14,211

 

Depreciation Expense

 

 

396

 

 

 

396

 

Issuance of Common Shares for Service

 

 

-

 

 

 

350,000

 

Issuance of Preferred Shares for Service

 

 

56,250

 

 

 

-

 

Stock Compensation - Warrants

 

 

6,906

 

 

 

-

 

Fair Value Adjustment of Public Warrants

 

 

(19,436)

 

 

(44,119)

Fair Value Adjustment of Private Warrants

 

 

-

 

 

 

(117,036)

Changes in Operating Assets and Liabilities:

 

 

 

 

 

 

 

 

Accounts Receivable

 

 

(629,912)

 

 

(67,259)

Prepaid Insurance

 

 

3,626

 

 

 

(30,159)

Interest Receivable

 

 

(37,481)

 

 

(35,459)

Fee Income Receivable

 

 

(17,389)

 

 

(18,580)

Accounts Payable – Related Party

 

 

(381,243)

 

 

-

 

Accounts Payable

 

 

679,125

 

 

 

(1,319)

Due to Related Party

 

 

(1,500)

 

 

-

 

Accrued Expenses

 

 

38,923

 

 

 

(491,140)

Net Cash Used in Operating Activities

 

 

(327,120)

 

 

(285,309)

 

Cash Flows from Investing Activities

 

 

 

 

 

 

 

 

Investments in Corporations and LLCs

 

 

(2,222)

 

 

(1,329)

Investments in Convertible Notes Receivable

 

 

-

 

 

 

(15,000)

Investments in Notes Receivable

 

 

(3,500)

 

 

(20,000)

Net Cash Used in Investing Activities

 

 

(5,722)

 

 

(36,329)

 

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

 

Preferred Shares Issued for Purchase of Debt

 

 

381,243

 

 

 

-

 

Common Shares Repurchased

 

 

(30,000)

 

 

-

 

Payments on Notes Payable

 

 

-

 

 

 

(1,681,755)

Proceeds from Notes Payable

 

 

-

 

 

 

1,942,755

 

Net Cash Provided by Financing Activities

 

 

351,243

 

 

 

261,000

 

 

Net Change in Cash

 

 

18,401

 

 

 

(60,638)

Cash – Beginning of Period

 

 

309,488

 

 

 

372,286

 

Cash – Ending of Period

 

$

327,889

 

 

$

311,648

 

 

Supplemental Information

 

 

 

 

 

 

 

 

Reclassification of Debt from Related to Non-Related Party

 

 

-

 

 

 

1,681,755

 

Cash Paid for Interest

 

 

-

 

 

 

-

 

Cash Paid for Taxes

 

 

-

 

 

 

-

 

 

The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

About Royalty Management Holding Corporation

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future.

For more information visit www.royaltymgmtcorp.com. 

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the “Risk Factors” section of the Company’s registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC’s website, www.sec.gov. The information contained in this release is as of the date first set forth above.  The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Royalty Management Holding Corporation Contact:
Thomas Sauve
Chief Executive Officer
www.royaltymgmtcorp.com
(646) 245-2465

SOURCE: Royalty Management Holding Corporation