Vox Royalty Future Growth

Future criteria checks 6/6

Vox Royalty is forecast to grow earnings and revenue by 58.7% and 26% per annum respectively. EPS is expected to grow by 62.3% per annum. Return on equity is forecast to be 20% in 3 years.

Key information

58.7%

Earnings growth rate

62.3%

EPS growth rate

Metals and Mining earnings growth	20.5%
Revenue growth rate	26.0%
Future return on equity	20.0%
Analyst coverage	Low
Last updated	30 May 2024

Recent future growth updates

Recent updates

Vox Royalty: Disciplined Mining Royalty Gem With A 2.2% Dividend Yield

Jan 10

Earnings and Revenue Growth Forecasts

NasdaqCM:VOXR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	28	9	10	11	2
12/31/2025	15	4	6	7	5
12/31/2024	12	2	5	6	5
3/31/2024	12	0	1	6	N/A
12/31/2023	12	0	0	5	N/A
9/30/2023	11	0	0	5	N/A
6/30/2023	11	-1	4	4	N/A
3/31/2023	11	0	-2	3	N/A
12/31/2022	9	0	-3	2	N/A
9/30/2022	7	-4	-3	1	N/A
6/30/2022	5	-5	-4	1	N/A
3/31/2022	5	-4	-5	1	N/A
12/31/2021	4	-4	-9	1	N/A
9/30/2021	3	-3	-10	0	N/A
6/30/2021	2	-4	-12	-2	N/A
3/31/2021	1	-10	-10	-2	N/A
12/31/2020	0	-10	-6	-2	N/A
9/30/2020	0	-8	-5	-1	N/A
6/30/2020	N/A	-6	-4	0	N/A
3/31/2020	N/A	-2	-1	0	N/A
12/31/2019	N/A	-1	-1	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOXR's forecast earnings growth (58.7% per year) is above the savings rate (2.4%).

Earnings vs Market: VOXR's earnings (58.7% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: VOXR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VOXR's revenue (26% per year) is forecast to grow faster than the US market (8.6% per year).

High Growth Revenue: VOXR's revenue (26% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VOXR's Return on Equity is forecast to be high in 3 years time (20%)

Vox Royalty Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target decreased by 13% to US$4.15

Price target increased by 11% to US$5.25

Vox Royalty Corp. Provides Revenue Guidance for the Three Months, Nine Months Ended September 30, 2022 and for the Year 2022

Vox Royalty Corp. Provides Revenue Guidance for the Year 2022

Vox Royalty Corp. Provides Revenue Guidance for 2022

Vox Royalty Corp. Provides Revenue Guidance for the Year 2021

Recent updates

Price target decreased by 13% to US$4.15

Vox Royalty Corp. Approves Board Appointments

Vox Royalty Corp. (TSX:VOXR) completed the acquisition of Portfolio of up to four royalties and the rights to one production-linked milestone payment from a private Australian group.

First quarter dividend of US$0.012 announced

First quarter 2024 earnings released: US$0.005 loss per share (vs US$0.015 loss in 1Q 2023)

Vox Royalty Corp. Declares Quarterly Dividend, Payable on July 12, 2024

Vox Royalty Corp. Announces Significant Gold Resource Upgrade and Maiden Reserves Declared At Red Hill

Vox Royalty Corp. to Report Q1, 2024 Results on May 08, 2024

Vox Royalty Corp., Annual General Meeting, May 30, 2024

Upcoming dividend of US$0.012 per share

Fourth quarter dividend of US$0.012 announced

Full year 2023 earnings released: US$0.002 loss per share (vs US$0.008 profit in FY 2022)

Vox Royalty Corp Provides Development and Exploration Updates

Vox Royalty Corp Provides Development and Exploration Updates

Vox Royalty Corp. (TSX:VOXR) agreed to acquire Portfolio of up to four royalties and the rights to one production-linked milestone payment from a private Australian group for AUD 4.7 million.

Vox Royalty: Disciplined Mining Royalty Gem With A 2.2% Dividend Yield

Upcoming dividend of US$0.011 per share at 2.2% yield

Vox Royalty Corp. Announces Red Hill Gold Project Exploration and Development Update from Northern Star Resources Limited

Third quarter 2023 earnings released: EPS: US$0.02 (vs US$0.002 in 3Q 2022)

Vox Royalty Corp. Approves a Quarterly Cash Dividend, Payable on January 12, 2024

Central Iron Ore Ltd. Announces the Settlement of Proceedings It Commenced in the Supreme Court of Western Australia Against Silverstream SEZC

Upcoming dividend of US$0.011 per share at 1.9% yield

Price target increased by 11% to US$5.25

New minor risk - Market cap size

Second quarter 2023 earnings released: US$0.001 loss per share (vs US$0.01 profit in 2Q 2022)

Vox Royalty Corp. Approves Quarterly Cash Dividend, Payable on October 13, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.011 per share at 1.8% yield

New minor risk - Shareholder dilution

First quarter 2023 earnings released: US$0.015 loss per share (vs US$0.006 loss in 1Q 2022)

Upcoming dividend of US$0.011 per share at 1.6% yield

Full year 2022 earnings released: EPS: US$0.008 (vs US$0.11 loss in FY 2021)

Vox Royalty Corp. Provides Recent Development and Exploration Updates

Upcoming dividend of US$0.01 per share

Vox Royalty Corp. Provides Development and Exploration Updates

Vox Royalty Corp. Acquires Australian Gold Royalty over Cardinia Gold Project and Closes First Quantum Minerals Royalty Portfolio Deal

Third quarter 2022 earnings released: EPS: US$0.002 (vs US$0.032 loss in 3Q 2021)

Vox Royalty Corp. Approves Quarterly Cash Dividend, Payable on January 13, 2023

High number of new and inexperienced directors

Vox Royalty Corp. Provides Revenue Guidance for the Three Months, Nine Months Ended September 30, 2022 and for the Year 2022

Vox Royalty Corp. CDA Ordinary Shares Deleted from OTC Equity

Now 29% undervalued

High number of new and inexperienced directors

Vox Royalty Corp. Announces Inaugural Quarterly Dividend, Payable on November 4, 2022

Vox Royalty Corp. Provides Gold Royalty Developments and Exploration Updates

Vox Royalty Corp. Provides Revenue Guidance for the Year 2022

Vox Royalty Corp. Announces an Update on the Producing Wonmunna Iron Ore Mine in Western Australia

Vox Royalty Corp. Provides Exploration Updates

Vox Royalty Corp. (TSXV:VOX) agreed to acquire Canadian Gold Royalty Portfolio for approximately CAD 1.8 million.

Vox Royalty Corp. Provides Revenue Guidance for 2022

Vox Royalty Corp. Provides Development & Exploration Updates

Vox Royalty Corp. Provides Development & Exploration Updates

Vox Royalty Corp., Annual General Meeting, Jun 16, 2022

Vox Royalty Corp. Provides Development and Exploration Updates from Royalty Operating Partners

Vox Royalty Corp. Provides Exploration Updates from Operating Partners

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Vox Royalty Corp. Provides Development and Exploration Updates from Operating Partners

Vox Royalty Corp. Notes the Successful Commencement of the Commissioning of the Segilola Gold Plant

Vox Royalty Corp. Provides Exploration Updates from Operating Partners

Vox Provides Exploration Updates from Operating Partners

Vox Royalty Corp. Provides Revenue Guidance for the Year 2021

Vox Royalty Corp. (TSXV:VOX) has signed an agreement to acquire Gold royalty portfolio in West Australian for AUD 0.32 million.

Vox Announces Appointment of Andrew Kaip as New Director

Vox Royalty Corp. Notes Development Updates & Exploration Success from Operating Partners

Vox Royalty Corp Notes Bulong 2021 Mining Commencement Target and Key Exploration Update from Operating Partners

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity