Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
RE Royalties (TSE:RE)
:RE
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jun 01, 2021
|% Change Since: 2.13%
|Next Earnings Date:May 01, 2021
Earnings Call Sentiment|Neutral
The call highlighted significant new investments and a strong cash position, as well as a notable increase in EBITDA and a reduced net loss. However, there were declines in revenue and gross profit compared to the prior year.Company Guidance
During the RE Royalties Q3 2024 earnings call, the company provided guidance on their financial performance and strategic investments. They reported a decrease in revenue and income by 12% to $1.7 million for the third quarter, attributed to early loan repayments from clients. However, EBITDA increased by $2.6 million compared to the previous year, reaching $1 million, due to the absence of a prior year's $3.1 million provision for expected credit loss. The company completed significant transactions, including a $10 million loan for solar projects in the Maldives and a $3 million loan for battery storage systems in Ontario, which are expected to bolster future revenues and cash flows. As of September 30, 2024, RE Royalties held cash and cash equivalents of $18.4 million, and they are actively evaluating additional investment opportunities to enhance their project pipeline.Successful Completion of Series 4 Green Bonds
Raised total gross proceeds of approximately $7 million, contributing to a healthy cash balance of approximately $20 million for future opportunities.
New Transactions and Investments
Completed three major transactions, including a $10 million loan for solar projects in the Maldives, a $3 million facility for battery storage systems in Ontario, and a $6.3 million loan to Alpin Solar for a 200-megawatt project in Alberta.
Increase in EBITDA
EBITDA for Q3 2024 was $1 million, an increase of $2.6 million compared to the prior year, with a 77% increase over the 9 months ending September 30, 2024.
Decrease in Net Loss
Net loss after income tax of $195,000 for Q3 2024, significantly reduced from $2.8 million in the prior year.
---
TSE:RE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:RE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | C$0.47 | C$0.48 | +2.13% |
| Aug 28, 2024 | C$0.47 | C$0.46 | -2.98% |
| May 30, 2024 | C$0.47 | C$0.48 | +1.91% |
| May 03, 2024 | C$0.44 | C$0.45 | +2.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does RE Royalties (TSE:RE) report earnings?
RE Royalties (TSE:RE) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is RE Royalties (TSE:RE) earnings time?
RE Royalties (TSE:RE) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:RE EPS forecast?
Currently, no data Available
---