Gold Royalty Corp. (GROY) Q3 2024 Earnings Call Transcript Summary
Gold Royalty Corp. (GROY) Q3 2024 Earnings Call Transcript Summary
Positive net income was reported in Q3 after recognizing a $5.9 million non-cash deferred tax asset.The following is a summary of the Gold Royalty Corp. (GROY) Q3 2024 Earnings Call Transcript:
以下是黃金特許權公司（GROY）2024年第三季度業績會交易摘要：
Financial Performance:
財務表現：
Record revenues were achieved in the first nine months of 2024, with total revenue, land agreement proceeds, and interest of $9 million, marking a 130% increase from the previous year.
For Q3 2024, total revenue, land agreement proceeds, and interest amounted to $2.6 million, a 90% increase compared to Q3 2023.
Positive net income was reported in Q3 after recognizing a $5.9 million non-cash deferred tax asset.
The company reiterated its total revenue, land agreement proceeds, and interest guidance of $13 million to $14 million for the year 2024.
2024年前九個月創紀錄的營業收入達到了總額爲900萬美元，包括土地協議收入和利息，較去年同期增長了130%。
2024年第三季度，總營業收入、土地協議收入和利息共計260萬美元，比2023年第三季度增長了90%。
在確認了590萬美元的非現金遞延稅款資產後，第三季度報告了正面的淨利潤。
公司重申了2024年總營業收入、土地協議收入和利息的指導範圍爲1300萬至1400萬美元。
Business Progress:
業務進展:
Increased production and revenue growth expectations are set for Côte Gold Mine and Vares Mine, both expected to reach nameplate production by the end of the year.
Several key mines are in the process of ramping up or approaching production, including Vares Mine in Bosnia and IAMGOLD's Côte Gold Mine in Ontario.
The company is on track to deliver its first year of positive cash flow from operations in 2024.
Côte黃金礦和Vares礦預計將在年底前達到額定生產水平，生產和收入增長預期增加。
幾個重要礦山正在逐步增加產量或接近投產階段，包括波斯尼亞的瓦雷斯礦和iamgold的安大略省科特黃金礦。
公司計劃在2024年實現首年正現金流。
Opportunities:
機會：
The current strong commodity price environment and leverage to gold price promise robust revenue and free cash flow growth towards the end of the decade.
Several royalties and streaming agreements, notably with Côte Gold Mine and Vares Mine, are beginning to generate significant returns and are expected to increase further in line with production ramp-ups.
目前強勁的商品價格環境和對黃金價格的槓桿作用承諾將在本十年末實現強勁的營業收入和自由現金流增長。
一些重要的特許權和流媒體協議，特別是與科特黃金礦和瓦雷斯礦的協議，開始產生顯著回報，並預計隨着產量增長而進一步增加。
Risks:
風險：
Operations at Vares Mine faced a delay in revenue recognition due to a lag in concentrate sales.
Certain development projects like Orla's South Railroad might face delays in production relating to permitting and studies, despite potential acceleration due to favorable commodity prices.
由於濃縮銷售滯後，瓦雷斯礦的運營面臨營業收入確認延遲。
像奧拉南鐵路這樣的特定開發項目可能會因許可和研究方面的延遲而面臨生產延期，儘管由於有利的商品價格，可能會加速。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
