Earnings Call Summary | Royal Gold(RGLD.US) Q1 2024 Earnings Conference
Earnings Call Summary | Royal Gold(RGLD.US) Q1 2024 Earnings Conference
The following is a summary of the Royal Gold, Inc. (RGLD) Q1 2024 Earnings Call Transcript:
以下是皇家黃金公司（RGLD）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Royal Gold reported a Q1 2024 revenue of $149 million, operating cash flow of $138 million, and earnings of $47 million or $0.72 per share.
The adjusted EBITDA margin was steady with a rate of 79%.
The company repaid $100 million outstanding on their revolving credit facility, resulting in roughly $1 billion of total liquidity at the end of the quarter.
Net income of $47 million or $0.72 per share was recorded, which increased to $60 million or $0.91 per share after adjusting for a discrete tax item and change in the fair value of equity securities.
Royal Gold reported a unique income tax payment of $13 million in Q1 tied to a transaction with Centerra.
皇家金業公佈的2024年第一季度收入爲1.49億美元，運營現金流爲1.38億美元，收益爲4700萬美元，合每股收益0.72美元。
調整後的息稅折舊攤銷前利潤率保持穩定，爲79％。
該公司償還了1億美元的未償循環信貸額度，使本季度末的總流動性約爲10億美元。
淨收益爲4700萬美元，合每股收益0.72美元，經調整離散稅項和股權證券公允價值變動後，增至6000萬美元，合每股收益0.91美元。
皇家黃金報告稱，在第一季度繳納了1300萬美元的獨特所得稅，這與與Centerra的交易有關。
Business Progress:
業務進展：
Additional agreement with Centerra extended the mine life of Mount Milligan until 2035, providing incentives for future investments in the mine.
New operating partner, Khoemacau completed the acquisition of Khoemacau by MMG resulting in total proceeds of $37 million.
New pouring of gold in Mara Rosa, Brazil, and Cote Gold, Ontario marked new producing properties and Western Australia's King of the Hills and Bellevue mines are also expected to move towards full production.
The company repaid the rest of the revolving credit facility balance during the third quarter.
Royal Gold issued its first asset handbook and is set to publish its investment stewardship report on ESG risks and a separate climate report.
The company is actively reviewing several opportunities varying in size from $100 million to $300 million propelled by elevated commodity prices and a boom in the equity market.
Focus rests on royalty streams but equity and debt transactions may also be considered.
Potential opportunities exist for improving balance sheets and liquidity, primarily over base metal assets, and the company maintains around $1 billion in internal liquidity to support these reviews and transactions.
The value of deferred gold may impact future cash tax payments or benefits.
與Centerra的額外協議將米利根山的礦山壽命延長至2035年，爲未來對該礦的投資提供了激勵。
新的運營夥伴Khoemacau完成了MMG對Khoemacau的收購，總收益爲3700萬美元。
巴西馬拉羅薩和安大略省科特戈爾德的新黃金湧入標誌着新的生產地產，西澳大利亞州的山丘之王和貝爾維尤礦山預計也將全面投產。
該公司在第三季度償還了其餘的循環信貸額度餘額。
Royal Gold發佈了其第一本資產手冊，並將發佈其有關ESG風險的投資管理報告和一份單獨的氣候報告。
在大宗商品價格上漲和股票市場繁榮的推動下，該公司正在積極審查幾種規模從1億美元到3億美元不等的機會。
重點在於特許權使用費來源，但也可以考慮股權和債務交易。
存在改善資產負債表和流動性的潛在機會，主要是基本金屬資產，該公司維持約10億美元的內部流動性以支持這些審查和交易。
遞延黃金的價值可能會影響未來的現金稅支付或福利。
More details: Royal Gold IR
更多詳情： 皇家金紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。