Orogen Royalties Reports Second Quarter 2025 Financial Results

Orogen Royalties Inc., previously known as 1537944 BC Ltd., reported revenue and cash flow growth for Q2 2025. The company declared net income before tax at $0.6 million, despite a 45% decrease from Q2 2024. After tax expenses of $0.8 million, Orogen posted a net comprehensive loss of $0.2 million. Royalty revenue increased by 11% to $2.1 million, though attributable gold equivalent ounces fell by 24% year-over-year.

General and administrative expenses grew by 89% to $1.7 million, largely due to unrealized foreign exchange losses. Year-to-date operating cash flow, excluding non-cash working capital changes, increased 28% to $2.3 million. Orogen's working capital rose to $27.8 million, maintaining a debt-free status.

The recent completion of a Plan of Arrangement with Triple Flag Precious Metals Corp. re-established Orogen as an independent royalty entity. The company's focus remains on expanding its royalty and mineral property portfolio.