Metalla Royalty Financials
This page shows Metalla Royalty (MTA) financial statements, including the 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Metalla Royalty's revenue surged 28.0% year-over-year to $5.9M, reflecting rapid business expansion. This strong growth earns a score of 80/100.
Metalla Royalty carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Metalla Royalty's current ratio of 0.93 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 13/100, which could limit financial flexibility.
Metalla Royalty generates a -2.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 6/100. This is up from -2.3% the prior year.
Metalla Royalty passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Metalla Royalty generates $0.47 in operating cash flow (-$2.6M OCF vs -$5.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Metalla Royalty generated $5.9M in revenue in fiscal year 2024. This represents an increase of 28.0% from the prior year.
Metalla Royalty reported -$5.5M in net income in fiscal year 2024. This represents an increase of 6.2% from the prior year.
Cash & Balance Sheet
Metalla Royalty held $9.7M in cash against $12.6M in long-term debt as of fiscal year 2024.
Metalla Royalty had 92M shares outstanding in fiscal year 2024. This represents an increase of 1.3% from the prior year.
Margins & Returns
Metalla Royalty's net profit margin was -93.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 33.9 percentage points from the prior year.
Metalla Royalty's ROE was -2.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.
Capital Allocation
MTA Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q2'20 | Q2'19 |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MTA Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q2'20 | Q2'19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $268.7M-2.7% | $276.0M+110.9% | $130.9M+16.2% | $112.6M+41.3% | $79.7M+49.0% | $53.5M+9.5% | $48.9M |
| Current Assets | $13.0M-26.6% | $17.7M+84.5% | $9.6M+46.5% | $6.5M-36.7% | $10.3M+157.1% | $4.0M-0.8% | $4.0M |
| Cash & Equivalents | $9.7M-31.1% | $14.1M+209.7% | $4.6M+94.3% | $2.3M-55.8% | $5.3M+47.2% | $3.6M+2.0% | $3.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $2.5M-10.5% | $2.8M+86.7% | $1.5M+15.7% | $1.3M-28.3% | $1.8M+919.3% | $178K-28.7% | $249K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $16.6M-28.1% | $23.1M+87.7% | $12.3M+2.1% | $12.1M+125.8% | $5.3M-1.9% | $5.4M+56.0% | $3.5M |
| Current Liabilities | $13.9M-32.6% | $20.6M+214.9% | $6.5M+500.1% | $1.1M-38.5% | $1.8M+25.0% | $1.4M+14.8% | $1.2M |
| Long-Term Debt | $12.6M-8.0% | $13.7M+29.7% | $10.6M+0.7% | $10.5M+243.3% | $3.1M-13.1% | $3.5M+64.2% | $2.1M |
| Total Equity | $252.0M-0.3% | $252.9M+113.3% | $118.6M+17.9% | $100.6M+35.2% | $74.4M+54.8% | $48.1M+5.9% | $45.4M |
| Retained Earnings | -$68.8M-8.6% | -$63.4M-12.5% | -$56.3M-24.1% | -$45.4M-29.8% | -$35.0M-18.4% | -$29.5M-25.2% | -$23.6M |
MTA Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q2'20 | Q2'19 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MTA Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q2'20 | Q2'19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.93+0.1 | 0.86-0.6 | 1.46-4.5 | 5.99+0.2 | 5.82+3.0 | 2.83-0.4 | 3.27 |
| Debt-to-Equity | 0.050.0 | 0.05-0.0 | 0.09-0.0 | 0.10+0.1 | 0.04-0.0 | 0.07+0.0 | 0.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.93), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Metalla Royalty's annual revenue?
Metalla Royalty (MTA) reported $5.9M in total revenue for fiscal year 2024. This represents a 28.0% 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 Metalla Royalty's revenue growing?
Metalla Royalty (MTA) revenue grew by 28% year-over-year, from $4.6M to $5.9M in fiscal year 2024.
Is Metalla Royalty profitable?
No, Metalla Royalty (MTA) reported a net income of -$5.5M in fiscal year 2024, with a net profit margin of -93.1%.
How much debt does Metalla Royalty have?
As of fiscal year 2024, Metalla Royalty (MTA) had $9.7M in cash and equivalents against $12.6M in long-term debt.
What is Metalla Royalty's net profit margin?
Metalla Royalty (MTA) had a net profit margin of -93.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Metalla Royalty's return on equity (ROE)?
Metalla Royalty (MTA) has a return on equity of -2.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Metalla Royalty's operating cash flow?
Metalla Royalty (MTA) generated -$2.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Metalla Royalty's total assets?
Metalla Royalty (MTA) had $268.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Metalla Royalty's current ratio?
Metalla Royalty (MTA) had a current ratio of 0.93 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Metalla Royalty's debt-to-equity ratio?
Metalla Royalty (MTA) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Metalla Royalty's return on assets (ROA)?
Metalla Royalty (MTA) had a return on assets of -2.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Metalla Royalty's cash runway?
Based on fiscal year 2024 data, Metalla Royalty (MTA) had $9.7M in cash against an annual operating cash burn of $2.6M. This gives an estimated cash runway of approximately 45 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Metalla Royalty's Piotroski F-Score?
Metalla Royalty (MTA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Metalla Royalty's earnings high quality?
Metalla Royalty (MTA) has an earnings quality ratio of 0.47x, considered low quality (accrual-driven). 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.
How financially healthy is Metalla Royalty?
Metalla Royalty (MTA) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.