ELEMENTAL ALTUS ROYALTIES (ELEMF) Financials
Newest figures come from the 40-F for FY2025, filed Mar 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ELEMF SEC filings page.
ELEMENTAL ALTUS ROYALTIES (ELEMF) reported $43.6M in revenue for fiscal year 2025, up 167.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a rapidly expanding royalty business with minimal debt and cash generation far exceeding reported profit.
FY2025 operating cash flow of$30.8M essentially became free cash flow because capital spending was negligible. That cash output dwarfed net income of$1.8M , pointing to substantial non-cash charges in the reported result rather than a business dependent on heavy reinvestment.
Balance-sheet expansion outpaced operating scale: assets grew
The company moved from a net loss of
Financial Health Signals
ELEMENTAL ALTUS ROYALTIES does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ELEMENTAL ALTUS ROYALTIES passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, ELEMENTAL ALTUS ROYALTIES generates $17.39 in operating cash flow ($30.8M OCF vs $1.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
ELEMENTAL ALTUS ROYALTIES generated $43.6M in revenue in fiscal year 2025. This represents an increase of 167.4% from the prior year.
ELEMENTAL ALTUS ROYALTIES reported $1.8M in net income in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
ELEMENTAL ALTUS ROYALTIES earned $0.06 per diluted share (EPS) in fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
ELEMENTAL ALTUS ROYALTIES generated $30.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 539.7% from the prior year.
ELEMENTAL ALTUS ROYALTIES held $53.1M in cash against $0 in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
ELEMENTAL ALTUS ROYALTIES's net profit margin was 4.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 6.3 percentage points from the prior year.
ELEMENTAL ALTUS ROYALTIES's ROE was 0.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
ELEMENTAL ALTUS ROYALTIES invested $4K in capex in fiscal year 2025, funding long-term assets and infrastructure. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ELEMF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense.
ELEMF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F |
|---|---|---|
| Total Assets | $907.3M+344.4% | $204.2M |
| Current Assets | $94.4M+347.7% | $21.1M |
| Cash & Equivalents | $53.1M+1093.2% | $4.5M |
| Total Liabilities | $126.9M+1530.5% | $7.8M |
| Current Liabilities | $14.3M+328.4% | $3.3M |
| Non-Current Liabilities | $112.6M+2438.4% | $4.4M |
| Long-Term Debt | $0-100.0% | $2.7M |
| Total Equity | $780.4M+297.4% | $196.4M |
| Retained Earnings | -$26.3Mn/m | -$29.0M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill.
ELEMF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
ELEMF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Where ELEMENTAL ALTUS ROYALTIES Ranks
Frequently Asked Questions
What is ELEMENTAL ALTUS ROYALTIES's annual revenue?
ELEMENTAL ALTUS ROYALTIES (ELEMF) reported $43.6M in total revenue for fiscal year 2025. This represents a 167.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ELEMENTAL ALTUS ROYALTIES's revenue growing?
ELEMENTAL ALTUS ROYALTIES (ELEMF) revenue grew by 167.4% year-over-year, from $16.3M to $43.6M in fiscal year 2025.
Is ELEMENTAL ALTUS ROYALTIES profitable?
Yes, ELEMENTAL ALTUS ROYALTIES (ELEMF) reported a net income of $1.8M in fiscal year 2025, with a net profit margin of 4.1%.
How much debt does ELEMENTAL ALTUS ROYALTIES have?
As of fiscal year 2025, ELEMENTAL ALTUS ROYALTIES (ELEMF) had $53.1M in cash and equivalents against $0 in long-term debt.
What is ELEMENTAL ALTUS ROYALTIES's net profit margin?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had a net profit margin of 4.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is ELEMENTAL ALTUS ROYALTIES's return on equity (ROE)?
ELEMENTAL ALTUS ROYALTIES (ELEMF) has a return on equity of 0.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ELEMENTAL ALTUS ROYALTIES's free cash flow?
ELEMENTAL ALTUS ROYALTIES (ELEMF) generated $30.8M in free cash flow during fiscal year 2025. This represents a 539.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ELEMENTAL ALTUS ROYALTIES's operating cash flow?
ELEMENTAL ALTUS ROYALTIES (ELEMF) generated $30.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are ELEMENTAL ALTUS ROYALTIES's total assets?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had $907.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are ELEMENTAL ALTUS ROYALTIES's capital expenditures?
ELEMENTAL ALTUS ROYALTIES (ELEMF) invested $4K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is ELEMENTAL ALTUS ROYALTIES's current ratio?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had a current ratio of 6.58 as of fiscal year 2025, which is generally considered healthy.
What is ELEMENTAL ALTUS ROYALTIES's debt-to-equity ratio?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is ELEMENTAL ALTUS ROYALTIES's liabilities-to-equity ratio?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had a liabilities-to-equity ratio of 0.16 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is ELEMENTAL ALTUS ROYALTIES's return on assets (ROA)?
ELEMENTAL ALTUS ROYALTIES (ELEMF) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ELEMENTAL ALTUS ROYALTIES's Piotroski F-Score?
ELEMENTAL ALTUS ROYALTIES (ELEMF) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ELEMENTAL ALTUS ROYALTIES's earnings high quality?
ELEMENTAL ALTUS ROYALTIES (ELEMF) has an earnings quality ratio of 17.39x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.