Lithium Royalty Corp.
Lithium Royalty Corp. (LIRC.TO) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Lithium Royalty Corp. (LIRC.TO), covering cash flow, earnings, and balance sheets.
Lithium Royalty Corp. (LIRC.TO) Income Statement & Financial Overview
View the income breakdown for Lithium Royalty Corp. LIRC.TO across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $629000.00 | $620000.00 | $224000.00 | $1.55M |
| Cost of Revenue | $115000.00 | $139000.00 | $94000.00 | $210000.00 |
| Gross Profit | $514000.00 | $481000.00 | $130000.00 | $1.34M |
| Gross Profit Ratio | $0.82 | $0.78 | $0.58 | $0.86 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $1.89M | $1.51M | $1.30M | $1.40M |
| Operating Expenses | $1.97M | $1.60M | $2.49M | $1.51M |
| Total Costs & Expenses | $2.08M | $1.74M | $2.58M | $1.73M |
| Interest Income | $87000.00 | $89000.00 | $85000.00 | $116000.00 |
| Interest Expense | $9000.00 | $13000.00 | $6000.00 | $4000.00 |
| Depreciation & Amortization | $146000.00 | $168000.00 | $123000.00 | $214000.00 |
| EBITDA | -$968000.00 | -$945000.00 | -$2.24M | $819000.00 |
| EBITDA Ratio | -$1.54 | -$1.52 | -$9.99 | $0.53 |
| Operating Income | -$1.46M | -$1.12M | -$2.36M | -$176000.00 |
| Operating Income Ratio | -$2.31 | -$1.80 | -$10.54 | -$0.11 |
| Other Income/Expenses (Net) | $332000.00 | -$7000.00 | -$6000.00 | $777000.00 |
| Income Before Tax | -$1.12M | -$1.13M | -$2.37M | $601000.00 |
| Income Before Tax Ratio | -$1.79 | -$1.82 | -$10.56 | $0.39 |
| Income Tax Expense | -$253000.00 | -$848000.00 | -$713000.00 | $284000.00 |
| Net Income | -$890000.00 | -$300000.00 | -$1.64M | $266000.00 |
| Net Income Ratio | -$1.41 | -$0.48 | -$7.31 | $0.17 |
| EPS | -$0.01 | -$0.005 | -$0.03 | $0.005 |
| Diluted EPS | -$0.01 | -$0.005 | -$0.03 | $0.005 |
| Weighted Avg Shares Outstanding | $55.56M | $55.56M | $55.47M | $55.47M |
| Weighted Avg Shares Outstanding (Diluted) | $55.56M | $55.56M | $55.90M | $55.90M |
The company's financials show resilient growth, with revenue advancing from $1.55M in Q2 2024 to $629000.00 in Q1 2025. Gross profit remained healthy with margins at 82% in Q1 2025 compared to 86% in Q2 2024. Operating income hit -$1.46M last quarter, sustaining a consistent -231% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$968000.00. Net income dropped to -$890000.00, while earnings per share reached -$0.01. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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