Silver Crown Royalties Inc. (SCRi) announced remarkable financial results for the fourth quarter of 2024, highlighting seven consecutive quarters of revenue growth. The company's revenue expanded by 43% quarter-over-quarter and 343% year-over-year, reaching $234,702 in the final quarter of 2024.
The company's silver ounce attributions increased substantially, growing from 1,837 ounces in the fourth quarter of 2023 to 5,500 ounces in the same period of 2024, representing a 199% increase. This growth trajectory culminated in a full-year revenue of $581,337, a significant jump from $124,772 in 2023.
CEO Peter Bures emphasized the strategic importance of these results, noting the company's ability to execute its business model effectively. With three of its four silver royalties currently generating revenue, SCRi is positioning itself as an attractive investment in the precious metals sector.
The company's business model offers investors a unique opportunity for precious metals exposure while providing a natural hedge against currency devaluation. By focusing on royalty agreements, SCRi aims to minimize economic risks associated with direct mining operations while maximizing shareholder returns.
Looking forward, the company anticipates continued momentum, with early indications suggesting Q1 2025 could potentially set another record for silver payments and revenue. This consistent growth underscores SCRi's strategic positioning in the competitive royalty market.
