Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) reported record quarterly revenue of $665,854 for the three months ended March 31, 2026, representing a 119% increase compared to $304,408 in the same period last year. The company released its unaudited interim condensed consolidated financial statements and management’s discussion and analysis on SEDAR+ and its website.
The revenue growth was driven by strategic initiatives, including two private placements closed in early 2026. Notably, prominent mining investor Michael Gentile made a significant investment and was appointed as Strategic Advisor to enhance the company’s royalty sourcing capabilities and capital markets expertise.
Despite the revenue increase, the company reported a net loss of $654,071 for the quarter, compared to a loss of $353,235 in Q1 2025 and a loss of $2,913,156 in the previous quarter. The improved loss compared to the prior quarter reflects the higher revenue and careful cost management.
CEO Peter Bures commented, “The first quarter of this year was transformative for our Company as we generated record quarterly revenues and we welcomed Michael Gentile to our Advisory team. We currently have over C$15 million in cash and silver bullion in treasury, with an additional C$20 million of in-the-money warrants. We expect to generate positive cash flow from operations this quarter as our royalty partners’ production profile improves and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project.”
The company’s strong cash position and warrant overhang provide a solid foundation for future growth. The commencement of minimum payment obligations from the PPX Mining royalty is expected to significantly boost cash flow in the coming quarters.
Silver Crown Royalties is a publicly traded silver royalty company focused on generating free cash flow. It currently holds five silver royalties, offering investors exposure to precious metals as a hedge against currency devaluation and production cost inflation. The company aims to minimize the economic burden on mining projects while maximizing shareholder returns.
For complete details, refer to the financial statements and management discussion and analysis available on SEDAR+ or the company’s website at silvercrownroyalties.com.
