Sailfish Reports Q3 2025 Results
Rhea-AI Summary
Sailfish Royalty Corp (OTCQB: SROYF) reported Q3 2025 results for the period ended September 30, 2025. Royalty revenue was $430,334 in Q3 and $1,592,860 year-to-date; total revenues were $879,473 for Q3 and $2,179,871 for nine months. Gross profit was $764,206 in Q3 and $2,014,024 year-to-date. The company recorded net income of $1,724,494 in Q3 and $1,834,093 for nine months. Gold ounces earned were 25 (Q3) and 51 (YTD); silver ounces earned were 9,329 (Q3) and 11,002 (YTD).
The company announced a binding term sheet to acquire a five-year gold stream plus a 2% NSR on Mt. Hamilton (Nevada), repurchased 631,100 shares YTD, and paid quarterly dividends of $0.0125 per share with a subsequent DRIP issuance of 310,034 shares and $633,053 cash.
Positive
- Royalty revenue $1.59M year-to-date
- Total revenues $2.18M for nine months
- Recorded $1.72M net income in Q3
- Binding term sheet for Mt. Hamilton stream and 2% NSR
Negative
- Gold ounces earned down to 25 oz in Q3 from 215 oz prior year
- Share repurchases 631,100 YTD may indicate share-count adjustments
- Dividend reinvestment issued 310,034 shares, diluting cash payout
News Market Reaction
On the day this news was published, SROYF declined 10.23%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Tortola, British Virgin Islands--(Newsfile Corp. - November 20, 2025) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the third quarter ended September 30, 2025 ("Q3 2025"). All amounts are in U.S. dollars unless otherwise indicated.
Q3 2025 Highlights:
- Royalty revenue earned of
$430,334 and$1,592,860 for the three and nine months ended September 30, 2025 ($211,942 and$541,773 for the three and nine months ended September 30, 2024); - Gold ounces earned from stream interests of 25 and 51 for the three and nine months ended September 30, 2025 (215 and 671 for the three and nine months ended September 30, 2024);
- Silver ounces earned from stream interests of 9,329 and 11,002 for the three and nine months ended September 30, 2025 (nil for the three and nine months ended September 30, 2024);
- Total revenues of
$879,473 and$2,179,871 for the three and nine months ended September 30, 2025 ($730,024 and$2,114,221 for the three and nine months ended September 30, 2024); - Gross profit of
$764,206 and$2,014,024 for the three and nine months ended September 30, 2025 ($454,040 and$1,267,809 for the three and nine months ended September 30, 2024); - Net income of
$1,724,494 and$1,834,093 for the three and nine months ended September 30, 2025 (net loss of$137,648 and net income of$1,151,857 for the three and nine months ended September 30, 2024); - On September 30, 2025 the Company announced that it had entered into a binding term sheet with Mako Mining Corp. dated September 29, 2025, to acquire a five-year gold stream and a subsequent
2% NSR royalty on the permitted Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA. See the Company's news release dated September 29, 2025 for further details. - Repurchased for cancellation an aggregate of 631,100 common shares of the Company under the current normal course issuer bid for the nine months ended September 30, 2025 (1,347,800 for the nine months ended September 30, 2024); and
- Declared quarterly dividends of
$0.01 25 per common share which were paid on April 15, 2025, July 15, 2025 and October 15, 2025 respectively.
Summary of Q3 2025 Results:
| Three months ended September 30, 2025 | Three months ended September 30, 2024 | Nine months ended September 30, 2025 | Nine months ended September 30, 2024 | |||||||||
| Condensed interim consolidated statements of comprehensive income | $ | $ | $ | $ | ||||||||
| Revenues | 879,473 | 730,024 | 2,179,871 | 2,114,221 | ||||||||
| Gross profit | 764,206 | 454,040 | 2,014,024 | 1,267,809 | ||||||||
| Net income (loss) | 1,724,494 | (137,648 | ) | 1,834,093 | 1,151,857 | |||||||
| Basic loss per share | 0.02 | (0.00 | ) | 0.03 | 0.02 | |||||||
| Diluted loss per share | 0.02 | (0.00 | ) | 0.02 | 0.02 |
For complete details, please refer to the Unaudited Condensed Interim Consolidated Financial Statements for the three and nine months ended September 30, 2025 and 2024 and associated Management Discussion and Analysis for the nine months ended September 30, 2025, available on SEDAR+ (www.sedarplus.ca) or on the Company's website (www.sailfishroyalty.com).
Subsequent to Q3 2025 Highlights:
- Subsequent to September 30, 2025, the Company paid a dividend of
$0.01 25 per common share. The total dividend payment resulted in the issuance of 310,034 common shares under the Company's dividend reinvestment plan and a cash payment of$633,053.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.
For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Bryan McKenzie, CFO, tel. 604-443-3834.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275401
FAQ
What were Sailfish (SROYF) Q3 2025 total revenues and net income?
How many gold and silver ounces did Sailfish (SROYF) earn in Q3 2025?
What is the Mt. Hamilton transaction announced by Sailfish (SROYF) on Sept 29, 2025?
Did Sailfish (SROYF) pay dividends in 2025 and what was the DRIP outcome?
How many shares did Sailfish (SROYF) repurchase in the nine months to Sept 30, 2025?
Where can investors find Sailfish (SROYF) Q3 2025 financial statements and MD&A?
