Elemental Altus Royalties Full Year 2023 Earnings: US$0.016 loss per share (vs US$0.17 loss in FY 2022)

Elemental Altus Royalties (CVE:ELE) Full Year 2023 Results

Key Financial Results

• Revenue: US$11.7m (up 22% from FY 2022).
• Net loss: US$3.04m (loss narrowed by 83% from FY 2022).
• US$0.016 loss per share (improved from US$0.17 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Elemental Altus Royalties Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Elemental Altus Royalties (1 is potentially serious!) that we have uncovered.

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