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Star Royalties Ltd. (V:STRR)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 18 King Street East, Suite 902
TORONTO ON M5C 1C4
Tel: N/A
Website: https://starroyalties.com
IR: See website
Key People
N/A    
Business Overview
Star Royalties Ltd. is a Canada-based precious metals and carbon credit royalty and streaming company. The Company created a carbon credit royalty in forestry and regenerative agriculture through its majority-owned, pure-green joint venture, Green Star Royalties Ltd. (Green Star), and offers investors exposure to precious metals and carbon credit prices. The Company's objective is to provide wealth creation by originating accretive transactions with superior alignment to both counterparties and shareholders. It provides financing solutions, including originating and restructuring of royalties and streams in precious metals and in North American nature-based carbon offset projects. The Company holds royalty and stream assets directly or through a 61.9% ownership in Green Star, which includes Elk Gold Project, Copperstone Gold Project, Keysbrook Project, Bayan Undur Project, Baavhai Uul Project, MOBISMART, Lac Seul First Nation Forest Carbon Offset Project, and others.
Financial Overview
For the fiscal year ended 31 December 2023, Star Royalties Ltd revenues decreased 34% to $940K. Net income decreased 67% to $5.6M. Revenues reflect Australia segment decrease of 40% to $785K. Net income also reflects Green Star transaction decrease from $18.5M (income) to $0K, Foreign exchange (loss) gain decrease from $172K (income) to $56K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $0.24 to $0.08.
Employees: 6 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $15.80M as of Dec 31, 2023
Annual revenue (TTM): $1.29M as of Dec 31, 2023
EBITDA (TTM): -$2.60M as of Dec 31, 2023
Net annual income (TTM): $7.72M as of Dec 31, 2023
Free cash flow (TTM): -$0.99M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 77,414,084 as of Mar 4, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization