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 |