RE Royalties Ltd

RE · V · Utilities / Utilities - Renewable

0.27CAD+0.03 (+10.20%)

Price History

Full chart

Market Stats

Previous Close0.245

Open0.26

Day Range0.25 – 0.27

52-Week Range0.2112 – 0.45

Volume34.54K

Market Cap14.80M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.20

Dividend Yield11.76%

Beta0.26

50-Day Avg0.375

200-Day Avg0.3634

About

RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy and clean technology companies by providing a non-dilutive royalty financing solution to privately held and publicly-traded renewable energy generation and development companies and clean energy technology companies. The company owns a portfolio of royalties on solar, wind, hydro, battery storage, energy efficiency, and renewable natural gas projects in Canada, Mexico, Chile, and the United States. The company was founded in 2016 and is based in Vancouver, Canada.

Company Details

SectorUtilities
IndustryUtilities - Renewable
CEOMr. Bernard Tan MBA BCOMM CA
Employees9
Headquarters1040 West Georgia Street, Vancouver, BC, Canada, V6E 4H1, Canada
Websitehttps://www.reroyalties.com

Leadership

Mr. Bernard Tan MBA BCOMM CACEO & Director · b. 1976
Mr. Luqman Khan CPA, CGAChief Financial Officer · b. 1971
Mr. Peter R. LeightonChief Operating Officer
Mr. Bryce AndersonVice President of Investments
Ms. Talia BeckettVice President of Communications & Sustainability
Mr. Alistair HowardVice President of Corporate Development
Ms. Manuela Balaj-Coroiu CCS, CGPCorporate Secretary

Financials

Income Statement

Currency: CAD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	46.45K	595.49K	1.02M	1.38M	2.37M	1.93M	867.51K	9.81M	8.59M	6.23M
Growth (%)	-	+1181.86%	+71.17%	+35.40%	+71.80%	-18.81%	-54.94%	+1030.31%	-12.42%	-27.45%
Cost of Revenue	-	147.20K	170.74K	288.06K	285.07K	291.73K	344.81K	352.64K	890.69K	1.53M
Gross Profit	46.45K	448.29K	848.58K	1.09M	2.09M	1.63M	522.70K	9.45M	7.70M	4.70M
Gross Margin	100.00%	75.28%	83.25%	79.13%	87.98%	84.85%	60.25%	96.40%	89.63%	75.44%
Operating Expense	435.99K	454.44K	4.11M	1.27M	2.33M	2.93M	2.47M	7.42M	12.43M	8.05M
Operating Income	-389.53K	-6.15K	-3.26M	-182.06K	-248.67K	-1.30M	-1.95M	2.03M	-4.73M	-3.35M
Operating Margin	-838.51%	-1.03%	-320.09%	-13.19%	-10.49%	-67.40%	-224.40%	20.68%	-55.11%	-53.84%
EBITDA	-	37.37K	-3.22M	-58.91K	28.88K	-992.71K	-1.58M	1.52M	-5.02M	-4.09M
EBITDA Margin	-	6.28%	-315.82%	-4.27%	1.22%	-51.57%	-182.41%	15.46%	-58.44%	-65.62%
Net Income	-391.77K	-288.47K	-3.20M	-412.06K	-446.65K	-2.13M	-726.19K	-1.81M	-9.27M	-8.71M
Net Income Margin	-843.33%	-48.44%	-313.84%	-29.86%	-18.84%	-110.65%	-83.71%	-18.47%	-107.98%	-139.86%
Interest Expense	0	280.90K	94.14K	47.97K	293.43K	783.71K	1.47M	2.71M	3.06M	3.50M
Interest Expense % of Total Revenue	0.00%	47.17%	9.24%	3.48%	12.37%	40.71%	169.71%	27.68%	35.63%	56.15%

Balance Sheet

Currency: CAD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	94.53K	7.19M	19.88M	18.14M	27.61M	35.19M	42.61M	53.98M	53.81M	31.63M
Total Liabilities	4.41K	2.51M	982.87K	546.65K	10.60M	20.79M	22.22M	36.89M	46.81M	35.74M
Total Equity	90.13K	4.67M	18.89M	17.59M	17.01M	14.41M	19.78M	15.33M	5.20M	-5.86M
Cash	94.53K	909.40K	8.86M	4.05M	2.62M	20.10M	7.58M	14.44M	16.55M	2.75M
Total Debt	-	2.10M	474.94K	487.91K	10.51M	20.60M	21.56M	-	-	-
Net Debt	-	1.20M	-8.38M	-3.56M	7.89M	501.26K	13.98M	21.79M	27.93M	31.85M

Cash Flow

Currency: CAD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-331.20K	-484.26K	-841.86K	-1.08M	908.48K	143.31K	-1.22M	792.29K	2.50M	817.59K
Investing Cash Flow	-1.40M	-3.95M	-4.92M	-2.67M	-2.76M	-	-	-	-	-
Financing Cash Flow	3.12M	3.95M	13.71M	-987.56K	9.52M	7.64M	5.71M	9.87M	1.24M	-14.81M
Capital Expenditure	0	0	0	0	4.63M	9.06M	12.64M	5.47M	11.23M	4.81M
Free Cash Flow	-	-484.26K	-841.86K	-1.08M	-3.72M	-8.92M	-13.86M	-4.68M	-8.73M	-3.99M
Dividends Paid	965.14K	965.14K	965.14K	965.14K	1.30M	1.33M	1.53M	1.73M	1.73M	1.30M
FCF to OCF	-	100.00%	100.00%	100.00%	-409.37%	-6222.06%	1137.84%	-590.72%	-348.50%	-488.57%
Dividend Paid to FCF	-	-199.30%	-114.64%	-89.48%	-34.89%	-14.93%	-11.03%	-36.86%	-19.83%	-32.58%

Earnings

Report Date	Mar 31, 2018	Jun 30, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	May 29, 2020	Aug 31, 2020	Nov 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Nov 29, 2021	Dec 31, 2021	May 30, 2022	Aug 26, 2022	Sep 30, 2022	Dec 31, 2022	May 26, 2023	Nov 26, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	-0.01	-0.01	-0.00	-0.01	0.00	-0.01	0.00	-0.00	0.01	-0.03	-0.02	-0.02	-0.01	-0.01	-0.02	0.01	0.01	-0.02	0.00	-
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	-	-	After-hours	After-hours

Key Statistics & Ratios

Market Cap14.80M

Enterprise Value49.80M

Trailing P/E0.00

Forward P/E0.00

Price / Sales6.05

Price / Book11.51

EPS-0.20

Book Value-0.158

Revenue (TTM)-2.50M

Gross Profit (TTM)-2.93M

Profit Margin0.00%

Operating Margin26.35%

Return on Equity-2230.14%

Return on Assets-21.49%

Shares Outstanding43.52M

Shares Float33.38M

Beta0.26

Dividend Yield11.76%

Dividend Rate0.04

Payout Ratio504.48%

Dividends

20254×

0.01Dec 31, 20250.01Aug 13, 20250.01Apr 30, 20250.01Jan 29, 2025

20244×

0.01Oct 30, 20240.01Jul 31, 20240.01Apr 30, 20240.01Jan 30, 2024

20234×

0.01Oct 31, 20230.01Aug 1, 20230.01May 2, 20230.01Jan 31, 2023

20224×

0.01Nov 1, 20220.01Aug 2, 20220.01Apr 19, 20220.01Feb 1, 2022

20214×

0.01Nov 16, 20210.01Aug 3, 20210.01Apr 27, 20210.01Jan 26, 2021

20204×

0.01Oct 27, 20200.01Jul 28, 20200.01Apr 28, 20200.01Jan 28, 2020

Stock Splits

Nov 13, 20181:3