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Royal Helium Ltd. (V:RHC)

Business Focus: Industrial Gases

Sector:  Basic Materials Industry:  Commodity Chemicals
 
Company Contact
Address: Suite 602, 224, 4th Avenue South
SASKATOON SK S7K 5M5
Tel: N/A
Website: https://royalheliumltd.com
IR: See website
Key People
Andrew Davidson
President, Chief Executive Officer, Director
Jeffrey Sheppard
Chief Financial Officer, Director
Shayne Neigum
Chief Operating Officer
Business Overview
Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company's properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).
Financial Overview
For the nine months ended 30 September 2023, Royal Helium Ltd revenues was not reported. Net loss increased from C$1.7M to C$5.7M. Higher net loss reflects General office and other increase from C$636K to C$2.5M (expense), Share-based compensation increase from C$0K to C$597K (expense), Legal and professional increase of 95% to C$415K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02.
Employees: 1 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $39.13M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$6.72M as of Sep 30, 2023
Net annual income (TTM): -$8.36M as of Sep 30, 2023
Free cash flow (TTM): -$35.26M as of Sep 30, 2023
Net Debt Last Fiscal Year: $28.58M as of Sep 30, 2023
Shares outstanding: 282,718,029 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization