Silver Crown Royalties Inc. (SCRi) has demonstrated remarkable financial performance, reporting its seventh consecutive quarter of revenue growth with substantial year-over-year increases. For the fourth quarter of fiscal 2024, the company recorded revenue of $234,702, based on minimum aggregate quarterly payments of 5,500 silver ounces, representing a 43% quarter-over-quarter and 343% year-over-year increase.
The company’s annual financial results showcase significant expansion, with full-year 2024 revenue climbing to $581,337 from $124,772 in 2023, marking a 366% increase. This growth reflects SCRi’s strategic approach to silver royalty investments and the effectiveness of its business model.
CEO Peter Bures highlighted the achievement, noting the company’s consistent quarterly revenue growth and the team’s dedication to executing their strategic objectives. The company currently maintains four silver royalties, with three actively generating revenue.
SCRi’s business model offers investors exposure to precious metals while providing a natural hedge against currency devaluation and minimizing the economic impact of production cost inflation. The company’s approach focuses on maximizing shareholder returns while supporting mining projects.
Looking forward, SCRi anticipates continued momentum, with expectations of another record silver payment and revenue quarter in the first quarter of 2025, driven by the early payment of the PPX/Igor 4 royalty.
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