RE Royalties Reports Substantial Q2 Financial Decline
Company Announcements

RE Royalties Reports Substantial Q2 Financial Decline

Story Highlights

RE Royalties (TSE:RE) has released an update.

RE Royalties Ltd., a renewable energy financial company, has reported a significant decrease in revenue and income for Q2 2024 compared to the previous year, primarily due to a one-time royalty buyout that did not recur this year. The company experienced a 47% drop in quarterly revenue and a 76% decrease in quarterly EBITDA, resulting in a net loss after tax for the quarter.

For further insights into TSE:RE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskRE Royalties Announces 23rd Consecutive Dividend
TipRanks Canadian Auto-Generated NewsdeskRE Royalties Ltd. Announces New Auditor Appointment
TipRanks Canadian Auto-Generated NewsdeskRE Royalties Celebrates Top Growth Achievement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App