Board Change • May 19
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Julie Griffith is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 17
First quarter 2026 earnings released: US$0.043 loss per share (vs US$0.004 loss in 1Q 2025) First quarter 2026 results: US$0.043 loss per share (further deteriorated from US$0.004 loss in 1Q 2025). Revenue: US$1.64m (up 77% from 1Q 2025). Net loss: US$652.4k (loss widened US$593.6k from 1Q 2025). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • May 05
Royalty Management Holding Corporation, Annual General Meeting, Jun 30, 2026 Royalty Management Holding Corporation, Annual General Meeting, Jun 30, 2026. Location: 12115 visionary way, suite 174, indiana 46038, fishers United States Declared Dividend • May 03
Fourth quarter dividend of US$0.0025 announced Dividend of US$0.0025 is the same as last year. Ex-date: 30th June 2026 Payment date: 10th July 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.2%. New Risk • Apr 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$64k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$64k free cash flow). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (US$4.9m revenue). Market cap is less than US$100m (US$45.0m market cap). Reported Earnings • Apr 01
Full year 2025 earnings released: US$0.049 loss per share (vs US$0.008 loss in FY 2024) Full year 2025 results: US$0.049 loss per share (further deteriorated from US$0.008 loss in FY 2024). Revenue: US$4.95m (up US$4.14m from FY 2024). Net loss: US$726.9k (loss widened US$612.6k from FY 2024). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Dec 24
Royalty Management Holding Corporation announces Quarterly dividend, payable on January 10, 2026 Royalty Management Holding Corporation announced Quarterly dividend of USD 0.0025 per share payable on January 10, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Reported Earnings • Nov 16
Third quarter 2025 earnings released: US$0.014 loss per share (vs US$0.008 loss in 3Q 2024) Third quarter 2025 results: US$0.014 loss per share (further deteriorated from US$0.008 loss in 3Q 2024). Revenue: US$1.30m (up US$1.16m from 3Q 2024). Net loss: US$209.1k (loss widened 76% from 3Q 2024). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 12
Second quarter 2025 earnings released: US$0.003 loss per share (vs US$0.008 loss in 2Q 2024) Second quarter 2025 results: US$0.003 loss per share (improved from US$0.008 loss in 2Q 2024). Revenue: US$1.33m (up 422% from 2Q 2024). Net loss: US$49.5k (loss narrowed 58% from 2Q 2024). Announcement • Jul 10
Royalty Management Holding Corporation announces Quarterly dividend, payable on October 10, 2025 Royalty Management Holding Corporation announced Quarterly dividend of USD 0.0025 per share payable on October 10, 2025, ex-date on September 30, 2025 and record date on September 30, 2025. New Risk • Jul 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (US$1.6m revenue). Market cap is less than US$100m (US$23.8m market cap). Announcement • Jun 27
Royalty Management Holding Regains Full Compliance with Nasdaq Listing Standards Royalty Management Holding Corporation announced that the Company has regained full and complete compliance with the Nasdaq Capital Market's listing standards through the completion of its annual shareholder meeting, as further described in the Company's Form 8-K that was filed on June 26, 2025 with the U.S. Securities and Exchange Commission. With the annual shareholder meeting held on June 24, 2025, the Nasdaq has determined that the Company has complied with Nasdaq Listing Rules 5620 and the Nasdaq considers this matter now closed. Thomas Sauve, Chief Executive Officer of Royalty Management, commented When we were notified that the Company inadvertently became deficient on the listing standards with the Nasdaq Capital Markets, we submitted a plan with them to regain compliance. With the completion of our 2025 annual shareholder meeting earlier this week,
we satisfied the final step in that compliance plan. On June 25, the Nasdaq notified the Company that it has regained listing compliance and that the matter is now closed. We look forward to continuing our growth through the balance of this year and want to thank the Nasdaq for working with us on this". Announcement • May 29
Royalty Management Holding Corporation, Annual General Meeting, Jun 24, 2025 Royalty Management Holding Corporation, Annual General Meeting, Jun 24, 2025. Location: 12115 visionary way, suite 174, in 46038., fishers, United States Reported Earnings • May 15
First quarter 2025 earnings released: US$0.004 loss per share (vs US$0.011 profit in 1Q 2024) First quarter 2025 results: US$0.004 loss per share (down from US$0.011 profit in 1Q 2024). Revenue: US$923.2k (up 470% from 1Q 2024). Net loss: US$58.8k (down 138% from profit in 1Q 2024). Reported Earnings • Mar 31
Full year 2024 earnings released: US$0.008 loss per share (vs US$0.078 loss in FY 2023) Full year 2024 results: US$0.008 loss per share (improved from US$0.078 loss in FY 2023). Net loss: US$114.3k (loss narrowed 90% from FY 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Board Change • Feb 14
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Julie Griffith is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Feb 14
Nasdaq Extension to Royalty Management Holding Until June 30, 2025 to Regain Compliance with Listing Rule 5620(a) On January 29, 2025, Royalty Management Holding Corporation disclosed that the Company had received a letter from Nasdaq Regulation indicating that the Company has not yet held an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year end of December 31, 2023, as required by Nasdaq Listing Rule 5620(a). The Company was afforded an opportunity to provide Nasdaq with a proposal to cure the deficiency cited in their letter. On January 27, 2025, the Company provided a written letter to Nasdaq that included a proposed plan to regain compliance under their listing rules. On February 12, 2025, Nasdaq provided the Company with written notification that its staff has determined to grant the Company an extension until June 30, 2025 to regain compliance with Listing Rule 5620(a) pursuant to the Company’s proposed plan by, among other conditions, holding an annual meeting of shareholders. The Company fully anticipates complying with the requirements of the Nasdaq under this letter within the time period specified. Announcement • Nov 15
Royalty Management Holding Corporation announced delayed 10-Q filing On 11/14/2024, Royalty Management Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Nov 01
Royalty Management Holding Receives Letter from the Nasdaq Stock Market Regarding Minimum Bid Price Requirement On October 28, 2024, Royalty Management Holding Corporation (or the Company") received a letter from the Nasdaq Stock Market indicating that for 31 consecutive business days the Company's stock has not maintained a minimum closing bid price of $1.00 per share (Minimum Bid Price Requirement") as required by Nasdaq Listing Rule 5550(a)(2). The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, if during the 180 calendar days following the date of the notification, or prior to April 28, 2025, the closing bid price of the Company's stock is at or above $1.00 for a minimum of 10 consecutive business days, the Company will regain compliance with the Minimum Bid Price Requirement and the common stock will continue to be eligible for listing on the Nasdaq Capital Market. If the Company does not achieve compliance with the Minimum Bid Price Requirement by April 28, 2025, the Company may be eligible for an additional 180 day period to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, by providing a written notice of its intention to cure the deficiency during the second compliance period. If the Company meets these requirements, an additional 180 days will be granted. If the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide a notice that the Company's common stock will be subject to delisting. Announcement • Aug 16
Royalty Management Holding Corporation announced delayed 10-Q filing On 08/15/2024, Royalty Management Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Aug 15
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Julie Griffith is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Jun 06
Royalty Management Holding Corporation Provides Revenue Guidance for the Second Quarter of 2024 Royalty Management Holding Corporation provided revenue guidance for the second quarter of 2024. The company estimated fiscal Second Quarter of 2024 revenue is tracking at over 50% revenue growth over First Quarter of 2024. Announcement • May 17
Royalty Management Holding Corporation announced delayed 10-Q filing On 05/15/2024, Royalty Management Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 18
Royalty Management Holding Corporation (NasdaqCM:RMCO) announces an Equity Buyback for $2 million worth of its shares. Royalty Management Holding Corporation (NasdaqCM:RMCO) announces a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its Class A Common Shares. The program will be valid for 24 months. Announcement • Apr 02
Royalty Management Holding Corporation announced delayed annual 10-K filing On 04/01/2024, Royalty Management Holding Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC. Board Change • Feb 14
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 13
Royalty Management Holding Corporation Announces Board Changes Effective February 12, 2024, the Board of Directors of Royalty Management Holding Corporation appointed both Roy Smith and Benjamin Wrightsman to the Board of Directors. Additionally, on February 7, 2024, Daniel Hasler and Gary Ehlebracht stepped down as an independent directors of the Board effective that date. Messrs. Mr. Hasler and Mr. Ehlebracht each served as members of the Board’s Compensation Committee, Audit Committee and Nominating Committee. In both cases, Messrs. Hasler and Ehlebracht decisions to step down were not due to any disagreements with the Company, including with respect to any matter relating to the Company’s operations, policies or practices. Announcement • Nov 15
Royalty Management Holding Corporation announced delayed 10-Q filing On 11/14/2023, Royalty Management Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 
