Nov 19, 2024 / 04:00PM GMT
Frederick Bell - Elemental Altus Royalties Corp - Chief Executive Officer, Director
And I'm Frederick Bell, the CEO, and we will walk through the slides together. And at the end, we'll open it up to Q&A. We'll be making some forward-looking statements in the course of this webinar. And please, again, any questions at the end, happy to run through where we can. As mentioned, myself and Dave here to walk you through it.
So getting straight into it. Q3 2024, it was a strong quarter of revenue, up 32% on the comparable quarter in 2023, and that was adjusted royalty revenue of USD3.7 million and adjusted revenue of USD4.8 million. EBITDA adjusted of USD3.7 million. That's about 70% up on Q3 2023 and adjusted cash flows from operations of USD2.8 million, which is up about 44% on Q3 '23. So what we saw here was, we saw significant margin growth on EBITDA and cash flows on revenue coming in this quarter versus 2023 Q3.
In terms of guidance, I think we tightened the range on the revenue side. So it's now USD21.6 million to USD23.1 million. And in terms of gold equivalent ounce guidance, that
Q3 2024 Elemental Altus Royalties Corp Earnings Call Transcript
Nov 19, 2024
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