Sailfish Reports Q3 2025 Results
MWN-AI** Summary
Sailfish Royalty Corp. (TSXV: FISH) has reported its third-quarter financial results for 2025, highlighting significant growth across various metrics compared to the same period in the previous year. The company's royalty revenue reached $430,334 for Q3 2025, marking a notable increase from $211,942 in Q3 2024. For the nine-month period ended September 30, 2025, total royalty revenue climbed to $1,592,860 from $541,773 a year prior.
In terms of gold and silver ounces earned from stream interests, Sailfish reported 25 gold ounces and 9,329 silver ounces for Q3 2025. This compares to 215 gold ounces and no silver in Q3 2024, indicating a shift in the company's production profile. Overall revenues for the quarter increased to $879,473 from $730,024 year-over-year, with gross profit rising to $764,206 compared to $454,040 previously. Remarkably, Sailfish achieved a net income of $1,724,494 for Q3 2025, a turnaround from a net loss of $137,648 in Q3 2024.
Sailfish also announced a strategic acquisition of a five-year gold stream and a subsequent 2% NSR royalty on the Mt. Hamilton Gold-Silver Project in Nevada. Additionally, the company continued its shareholder-friendly practices by repurchasing 631,100 common shares and declaring regular quarterly dividends of $0.0125 per share.
As of the end of Q3 2025, Sailfish’s portfolio included significant assets in the Americas, bolstering its position in the precious metals royalty sector. The strong financial performance showcases the company’s strategic initiatives and operational resilience in the growing metals market. For more comprehensive details, investors can refer to Sailfish's official documents available on SEDAR+ and the company's website.
MWN-AI** Analysis
Sailfish Royalty Corp. (TSXV: FISH) delivered noteworthy financial results for Q3 2025, emerging as a promising candidate for investors interested in the precious metals space. The company reported royalty revenue of $430,334 for the quarter, reflecting a considerable year-over-year increase from $211,942 in Q3 2024. This growth trend is further echoed in total revenues, which reached $879,473 in Q3 2025 compared to $730,024 in the prior year.
A comprehensive review shows that Sailfish earned 25 gold ounces and 9,329 silver ounces in Q3 2025, a stark contrast to the previous year's performance, especially with silver ounces now contributing significantly to the revenue stream. Moreover, the gross profit climbed to $764,206, indicating improved operational efficiencies and a stronger margin potential moving forward.
Notably, Sailfish's net income surged to $1,724,494, compared to a loss in the prior year, signifying a robust turnaround that underscores a strong operational focus and a favorable precious metals market environment. The company’s strategic move to enter a binding term sheet with Mako Mining Corp. to secure a gold stream and royalty on the Mt. Hamilton Project signals a proactive growth trajectory, which could position the company to capitalize on resource advancements.
On the shareholder return front, the declaration of quarterly dividends at $0.0125 per share alongside share buybacks suggests a commitment to returning capital to investors while maintaining a balanced growth approach. However, it’s imperative to monitor the company’s operational costs and global metal prices since these factors can impact future profitability.
In light of these developments, investors may consider Sailfish Royalty Corp. as a valuable addition to a diversified portfolio, particularly as a play on increasing demand for precious metals amid a global shift towards sustainable investment practices.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Tortola, British Virgin Islands--(Newsfile Corp. - November 20, 2025) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the third quarter ended September 30, 2025 ("Q3 2025"). All amounts are in U.S. dollars unless otherwise indicated.
Q3 2025 Highlights:
- Royalty revenue earned of $430,334 and $1,592,860 for the three and nine months ended September 30, 2025 ($211,942 and $541,773 for the three and nine months ended September 30, 2024);
- Gold ounces earned from stream interests of 25 and 51 for the three and nine months ended September 30, 2025 (215 and 671 for the three and nine months ended September 30, 2024);
- Silver ounces earned from stream interests of 9,329 and 11,002 for the three and nine months ended September 30, 2025 (nil for the three and nine months ended September 30, 2024);
- Total revenues of $879,473 and $2,179,871 for the three and nine months ended September 30, 2025 ($730,024 and $2,114,221 for the three and nine months ended September 30, 2024);
- Gross profit of $764,206 and $2,014,024 for the three and nine months ended September 30, 2025 ($454,040 and $1,267,809 for the three and nine months ended September 30, 2024);
- Net income of $1,724,494 and $1,834,093 for the three and nine months ended September 30, 2025 (net loss of $137,648 and net income of $1,151,857 for the three and nine months ended September 30, 2024);
- On September 30, 2025 the Company announced that it had entered into a binding term sheet with Mako Mining Corp. dated September 29, 2025, to acquire a five-year gold stream and a subsequent 2% NSR royalty on the permitted Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA. See the Company's news release dated September 29, 2025 for further details.
- Repurchased for cancellation an aggregate of 631,100 common shares of the Company under the current normal course issuer bid for the nine months ended September 30, 2025 (1,347,800 for the nine months ended September 30, 2024); and
- Declared quarterly dividends of $0.0125 per common share which were paid on April 15, 2025, July 15, 2025 and October 15, 2025 respectively.
Summary of Q3 2025 Results:
| Three months ended September 30, 2025 | Three months ended September 30, 2024 | Nine months ended September 30, 2025 | Nine months ended September 30, 2024 | |||||||||
| Condensed interim consolidated statements of comprehensive income | $ | $ | $ | $ | ||||||||
| Revenues | 879,473 | 730,024 | 2,179,871 | 2,114,221 | ||||||||
| Gross profit | 764,206 | 454,040 | 2,014,024 | 1,267,809 | ||||||||
| Net income (loss) | 1,724,494 | (137,648 | ) | 1,834,093 | 1,151,857 | |||||||
| Basic loss per share | 0.02 | (0.00 | ) | 0.03 | 0.02 | |||||||
| Diluted loss per share | 0.02 | (0.00 | ) | 0.02 | 0.02 |
For complete details, please refer to the Unaudited Condensed Interim Consolidated Financial Statements for the three and nine months ended September 30, 2025 and 2024 and associated Management Discussion and Analysis for the nine months ended September 30, 2025, available on SEDAR+ (www.sedarplus.ca) or on the Company's website (www.sailfishroyalty.com).
Subsequent to Q3 2025 Highlights:
- Subsequent to September 30, 2025, the Company paid a dividend of $0.0125 per common share. The total dividend payment resulted in the issuance of 310,034 common shares under the Company's dividend reinvestment plan and a cash payment of $633,053.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq. km) surrounding San Albino in northern Nicaragua; an up to 3% NSR on the fully permitted multi-million ounce Spring Valley gold mine project in Pershing County, Nevada; and a 2% NSR on the Gavilanes Silver Project located in Durango State, Mexico.
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.
For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Bryan McKenzie, CFO, tel. 604-443-3834.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275401
FAQ**
How does Sailfish Royalty Corp. (TSXV: FISH) plan to leverage its recent acquisition of a gold stream from Mako Mining Corp. to enhance revenue growth for operations based in Tortola, British Virgin Islands?
Considering the reported increase in royalty revenue in Q3 2025, what are Sailfish Royalty Corp.'s strategies to sustain this growth in the competitive market while being headquartered in Tortola, British Virgin Islands?
With Sailfish Royalty Corp. declaring quarterly dividends, how does the company balance dividend payments with reinvestment opportunities in new projects located outside Tortola, British Virgin Islands?
In light of Sailfish Royalty Corp. achieving net income in Q3 2025, what are the projected implications for the company’s operations and investments in Tortola, British Virgin Islands, particularly in future precious metals ventures?
**MWN-AI FAQ is based on asking OpenAI questions about Sailfish Royalty Corp. (TSXVC: FISH:CC).
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