Emx Royalty Financials
Emx Royalty (EMX) reported $27.4M in revenue for fiscal year 2024, up 3.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
EMX’s dominant mechanic is an asset-backed model where noncash charges can mask ongoing cash generation.
In FY2024, the cash engine diverged from accounting earnings: a net loss of-$3.3M coincided with operating cash flow of$6.8M , indicating depreciation and other noncash charges—not weak cash receipts—dominated the earnings gap. The same pattern in FY2023, when free cash flow was$7.1M despite a net loss, makes this look structural rather than a one-year reversal.
The liquidity improvement was balance-sheet driven: current ratio rose from 0.9x in FY2023 to 8.8x in FY2024, pointing to sharply lower near-term obligations rather than simply stronger operating results. Debt-to-equity was 0.3x in FY2024, so short-term repair did not require eliminating leverage.
Revenue growth decelerated from
Financial Health Signals
Emx Royalty 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.
Emx Royalty passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Emx Royalty reported a net loss of $3.3M while generating $6.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Emx Royalty generated $27.4M in revenue in fiscal year 2024. This represents an increase of 3.1% from the prior year.
Emx Royalty reported -$3.3M in net income in fiscal year 2024. This represents an increase of 29.0% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Emx Royalty generated $6.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 3.6% from the prior year.
Emx Royalty held $26.8M in cash against $34.5M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Emx Royalty's net profit margin was -12.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 5.4 percentage points from the prior year.
Emx Royalty's ROE was -2.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
Emx Royalty invested $12K in capex in fiscal year 2024, funding long-term assets and infrastructure.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
EMX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
EMX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Total Assets | $156.9M-1.1% | $158.6M-6.1% | $168.8M+1.3% | $166.6M+106.2% | $80.8M |
| Current Assets | $46.8M+33.5% | $35.0M-9.7% | $38.8M-12.8% | $44.5M-23.6% | $58.2M |
| Cash & Equivalents | $26.8M+29.5% | $20.7M+22.8% | $16.8M-21.4% | $21.4M-47.9% | $41.1M |
| Total Liabilities | $41.4M+8.6% | $38.1M-16.4% | $45.6M-18.2% | $55.8M+1270.8% | $4.1M |
| Current Liabilities | $5.3M-85.8% | $37.3M+414.1% | $7.3M-87.0% | $55.8M+1270.8% | $4.1M |
| Long-Term Debt | $34.5M+5.5% | $32.8M-19.1% | $40.5M-20.2% | $50.7M | $0 |
| Total Equity | $115.5M-4.1% | $120.4M-2.2% | $123.2M+11.1% | $110.9M+44.5% | $76.7M |
| Retained Earnings | -$62.4M-5.6% | -$59.1M+27.5% | -$81.6M+8.1% | -$88.8M-37.9% | -$64.4M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
EMX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
EMX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Current Ratio | 8.85+7.9x | 0.94-4.4x | 5.35+4.6x | 0.80-13.5x | 14.31 |
| Debt-to-Equity | 0.300.0x | 0.27-0.1x | 0.33-0.1x | 0.46+0.5x | 0.00 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
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Where Emx Royalty Ranks
Frequently Asked Questions
What is Emx Royalty's annual revenue?
Emx Royalty (EMX) reported $27.4M in total revenue for fiscal year 2024. This represents a 3.1% 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 Emx Royalty's revenue growing?
Emx Royalty (EMX) revenue grew by 3.1% year-over-year, from $26.6M to $27.4M in fiscal year 2024.
Is Emx Royalty profitable?
No, Emx Royalty (EMX) reported a net income of -$3.3M in fiscal year 2024, with a net profit margin of -12.0%.
How much debt does Emx Royalty have?
As of fiscal year 2024, Emx Royalty (EMX) had $26.8M in cash and equivalents against $34.5M in long-term debt.
What is Emx Royalty's net profit margin?
Emx Royalty (EMX) had a net profit margin of -12.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Emx Royalty's return on equity (ROE)?
Emx Royalty (EMX) has a return on equity of -2.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Emx Royalty's free cash flow?
Emx Royalty (EMX) generated $6.8M in free cash flow during fiscal year 2024. This represents a -3.6% 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 Emx Royalty's operating cash flow?
Emx Royalty (EMX) generated $6.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Emx Royalty's total assets?
Emx Royalty (EMX) had $156.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Emx Royalty's capital expenditures?
Emx Royalty (EMX) invested $12K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Emx Royalty's current ratio?
Emx Royalty (EMX) had a current ratio of 8.85 as of fiscal year 2024, which is generally considered healthy.
What is Emx Royalty's debt-to-equity ratio?
Emx Royalty (EMX) had a debt-to-equity ratio of 0.30 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Emx Royalty's return on assets (ROA)?
Emx Royalty (EMX) had a return on assets of -2.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Emx Royalty's Piotroski F-Score?
Emx Royalty (EMX) has a Piotroski F-Score of 5 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 Emx Royalty's earnings high quality?
Emx Royalty (EMX) reported a net loss of $3.3M while generating $6.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.