RE Royalties Ltd. (RROYF) Income Statement Analysis

See more : abrdn Smaller Companies Income Trust plc (ASCI.L) Income Statement Analysis – Financial Results

Complete financial analysis of RE Royalties Ltd. (RROYF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of RE Royalties Ltd., a leading company in the Renewable Utilities industry within the Utilities sector.

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RE Royalties Ltd. (RROYF)

Industry: Renewable Utilities

Sector: Utilities

Website: https://www.reroyalties.com

About RE Royalties Ltd.

RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies, and clean energy technology companies. As of April 25, 2022, it owned a portfolio 104 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Europe, and the United States. The company is headquartered in Vancouver, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	9.81M	867.51K	1.93M	2.37M	1.38M	1.02M	595.49K	46.46K
Cost of Revenue	352.64K	344.81K	291.73K	285.07K	288.06K	170.74K	147.20K	0.00
Gross Profit	9.45M	522.70K	1.63M	2.09M	1.09M	848.58K	448.29K	46.46K
Gross Profit Ratio	96.40%	60.25%	84.85%	87.98%	79.13%	83.25%	75.28%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	2.45M	1.96M	2.39M	1.47M	1.06M	3.76M	442.82K	237.34K
Selling & Marketing	471.77K	341.47K	282.89K	259.49K	230.91K	66.29K	11.61K	45.82K
SG&A	2.92M	2.45M	2.68M	1.72M	1.29M	3.82M	454.44K	9.47K
Other Expenses	6.54M	-50.00K	-51.00K	16.97K	69.21K	131.36K	0.00	0.00
Operating Expenses	9.45M	2.45M	2.69M	1.72M	1.29M	3.82M	454.44K	9.47K
Cost & Expenses	9.81M	2.81M	2.98M	2.01M	1.58M	3.99M	601.64K	9.47K
Interest Income	-718.41K	3.37M	911.38K	1.19M	1.01M	0.00	0.00	2.75K
Interest Expense	2.71M	1.47M	783.71K	293.43K	47.97K	94.14K	280.90K	0.00
Depreciation & Amortization	372.12K	364.29K	304.71K	285.07K	288.06K	170.74K	268.12K	389.53K
EBITDA	1.52M	-1.58M	-1.01M	124.32K	-58.91K	-3.06M	37.37K	-9.47K
EBITDA Ratio	15.46%	-182.41%	-51.57%	1.22%	-4.27%	-315.82%	6.28%	-20.39%
Operating Income	-1.33M	-1.95M	-1.30M	-248.67K	-182.06K	-3.26M	-6.15K	-9.47K
Operating Income Ratio	-13.56%	-224.40%	-67.40%	-10.49%	-13.19%	-320.09%	-1.03%	-20.39%
Total Other Income/Expenses	-241.09K	696.13K	-48.90K	-441.97K	-230.00K	-223.56K	224.77K	2.00
Income Before Tax	-1.57M	-730.68K	-2.13M	-446.65K	-412.06K	-3.20M	-288.47K	-9.47K
Income Before Tax Ratio	-16.02%	-84.23%	-110.65%	-18.84%	-29.86%	-313.84%	-48.44%	-20.38%
Income Tax Expense	240.26K	211.00K	783.71K	-243.99K	65.27K	-193.18K	280.90K	-389.53K
Net Income	-1.81M	-726.19K	-2.13M	-446.65K	-412.06K	-3.20M	-288.47K	-9.47K
Net Income Ratio	-18.47%	-83.71%	-110.65%	-18.84%	-29.86%	-313.84%	-48.44%	-20.38%
EPS	-0.04	-0.02	-0.06	-0.01	-0.01	-0.17	-0.22	-0.01
EPS Diluted	-0.04	-0.02	-0.06	-0.01	-0.01	-0.17	-0.22	-0.01
Weighted Avg Shares Out	43.24M	38.65M	33.29M	32.50M	32.16M	18.84M	1.33M	1.33M
Weighted Avg Shares Out (Dil)	43.24M	38.65M	33.29M	32.50M	32.16M	18.84M	1.33M	1.33M

RE Royalties Acquires Royalty on Wind Project in Alberta and Announces Date for 2023 First Quarter Results Conference Call on Thursday, June 1, 2023

May 25, 2023accesswire.com

All amounts in Canadian dollars unless otherwise stated VANCOUVER, BC / ACCESSWIRE / May 25, 2023 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce that it...

RE Royalties Announces Inaugural Canadian Climate Investor Conference in Toronto

April 24, 2023accesswire.com

VANCOUVER, BC / ACCESSWIRE / April 24, 2023 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF), a global leader in renewable energy royalty-based financing, is pleased to announce its participation at the inaugural Canadian Climate Investor Conference, taking place on June 8, 2023,...

Revolve Renewable Power completes C$1.86M financing deal with RE Royalties to fund battery storage system

October 26, 2022proactiveinvestors.com

Revolve Renewable Power Corp said it has signed a financing agreement with RE Royalties Ltd (RER) for the provision of a C$1.86 million secured loan, which will be used to partly fund the company's first battery storage system (BESS). The...

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RE Royalties Acquires Royalty on 27MW Solar Project in Pennsylvania

October 8, 2021accesswire.com

All amounts in US dollars unless otherwise stated VANCOUVER, BC / ACCESSWIRE / October 8, 2021 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce that it...

RE Royalties Enters into Additional CAD $0.8 Million Loan Agreement with Switch Power for Energy Storage Projects in Ontario

October 5, 2021accesswire.com

All amounts in Canadian dollars unless otherwise stated VANCOUVER, BC / ACCESSWIRE / October 5, 2021 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, has entered into a second loan...

RE Royalties Announces Filing of Preliminary Short Form Base Shelf Prospectus

June 7, 2021accesswire.com

All Amounts in Canadian Dollars Unless Otherwise Stated NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / June 7, 2021 / RE Royalties Ltd. (TSX.V:RE) ("RE Royalties" or the "Company"),...