Vox Royalty Announces Record 2023 Financial Results

Date:

INCREASES QUARTERLY DIVIDEND AND PROVIDES 2024 OUTLOOK

TORONTO, ON / ACCESSWIRE / March 7, 2024 / Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR)(“Vox” or the “Company“), a returns focused mining royalty company, is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2023. All amounts in U.S. dollars unless otherwise indicated.

Full Year 2023 Highlights

  • Record annual revenue of $12,310,594, up ~45% from $8,508,105 in 2022.
  • Record annual gross profit of $9,978,660, up ~50% from $6,664,087 in 2022.
  • Record annual cash flows from operations of $5,271,090, up ~157% from $2,047,169 in 2022.
  • Strong balance sheet position at year end includes: (i) cash and accounts receivable of $12,850,451; (ii) working capital of $10,378,752; and (iii) total assets of $52,706,609.

Fourth Quarter 2023 Highlights

  • Q4 2023 revenue of $2,997,426, up ~42% from $2,104,758 in Q4 2022.
  • Q4 2023 gross profit of $2,072,497, up ~30%…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...