Total revenues increased by 65% year-over-year in 2024 and an increase in adjusted Earning Per Share of $0.01 (when adjusted for one time or non-recurring expenses)

Net Cash provided by operations swings from negative $236,877 in 2023 to positive $646,290 in 2024.

Environmental services business line previously provided revenue guidance exceeding $3 million for 2025 with corporate profitability

Company is expecting to continue stock repurchase program and has announced commencements of dividend payments starting in second quarter 2025 while continuing to use cash flow to invest in growth opportunities

FISHERS, INDIANA - March 31, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) (“Royalty Management” “RMCO”, or the “Company”), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to announce its operating and financial results for the year ending December 31, 2024.

Thomas Sauve, Chief Executive Officer of the Company, stated, “2024 was a foundational year for the business, where we swung to a positive cashflow from operations and set the business up for an exciting 2025 and beyond, with guidance from our environmental services business alone expected to exceed $3 million in revenue in 2025, which is over 400% growth year-over-year. The Company also significantly reduced its overall liabilities during the 2024 year, positioning it to have unfettered growth and the ability to increase returns of cash back to shareholders through dividends and stock buybacks, while not impairing our ability to continue investing in royalty-bearing projects."

Tom continued: “As we look forward to 2025 and beyond, we will aggressively seek for new ways to both expand our current portfolio of investments and invest in new opportunities, with a preference to investments in the resource extraction sector and intellectual property surrounding resources. With our expanding portfolio in mines and technologies touching the rare earth element and critical minerals space, we feel that we are in a very strong position to reap the benefits of renewed interest within the United States to bring this sector and supply chain back to the domestic market.”

2024 Key Highlights Include:

• Company stock repurchase program is still in place for accretive opportunities, with 193,052 shares of common stock of Royalty Management purchased or under contract to be purchased by the Company to-date, reducing total shares outstanding by nearly 1.3%.
• The Chief Executive Officer of the Company initiated a stock purchase program under Rule 10B5-1 of the Securities and Exchange Commission.
  
  
• Reduction of Total Liabilities of over 36% from year-end 2023 to approximately $1.4 million, with Total Assets of just over $15 million, giving the Company an increase of Stockholders’ Equity to $13.6 million, a nearly 23% increase from year-end 2023.
  
  
• In the first quarter of 2025, the single largest Company payable of $381,243 was converted to the Company’s Series A Preferred Stock, which is convertible into common stock at $1.70 per share, continuing the campaign to reduce liabilities and increase shareholder equity.
  
  
• In 2024 the Company had over $220,000 in either one-time, non-recurring costs, or costs that are part of an overall reduction in go-forward expenses and which are not expected to be incurred in 2025.
  
  
• Company incurred a narrow net loss of $0.01 per share (adjusted net income of $0.01, when adjusted for one-time or non-recurring expenses), or a loss of approximately $114,000 (positive net income of $108,239 when adjusted for one-time or non-recurring expenses), a significant decrease from a loss of $1.1 million in 2023 (or $0.08 per share). Contributing to the net loss is a one-time fee for the re-auditing of the Company’s 2022 and 2023 financials due to the dismissal of BF Borgers as the Company’s prior auditor.
  
  
• Continued profitability of certain key investments of the Company, including RMC Environmental Services LLC, which provides enough cashflow to the Company to cover all of its expenses, with significant expansion forecasted in 2025.
  
  
• Investment into development of intellectual property and patents for separation and purification of platinum group metals, gold, and silver, which follows the Company’s announced creation of a mineral commodity investment and trading division and provides synergistic and value-added technologies to the Company as it evaluates and structures investments into other royalty-bearing opportunities and projects.
  
  
• A number of the Company’s strategic investments are in discussions for a liquidity event or an increase in recurring cash flow in 2025, which, if achieved, will result in expanded investment in growth initiatives beyond our current forecasted slate of investments.
  
  
• Declaration of a quarterly cash dividend starting on June 30, 2025 in the amount of $0.01 per year (or $0.025 per calendar quarter). Dividend was declared as a result of an anticipated significant and meaningful increase in revenues in 2025 with additional business secured at RMC Environmental Services LLC, a wholly owned subsidiary of the Company, and other Company investments and portfolio holdings scheduled to begin generating or expanding revenue in 2025.

Select Portfolio Holdings

Royalty Management has put together an exciting portfolio of royalty assets which support growing or transitioning industries and to generate near-future royalty and income streams. Some of RMCO’s select portfolio holdings, including some of our key new investments initiated in 2024 include:

ReElement Technologies Corporation – Sponsored research and royalty agreement to develop low cost novel methods of purification of platinum group metals, silver, and gold from recycled and ore feedstocks. RMCO is sponsoring research in return for an ongoing royalty from the use and revenue from the developed technologies.

Green House Technologies – The Company has invested into intellectual property that is a key constituent to the next level of indoor agriculture and technology, created in conjunction with eko Solutions, a fabricator of modular container-based solutions. RMCO receives a royalty based on the sales of this technology and products.

RMC Environmental Service LLC – A wholly-owned, environmental service business line of RMCO that supports residential, municipal and commercial development in and around Hamilton County, Indiana. The company typically provides enough revenue and earnings to cover the majority, if not all, of the parent (Royalty Management Holding Corporation) company’s expenses.

Cryptocurrency Investments – The Company has a substantial investment in the LBX utility based token that rewards the efficient cleanup of prior mining activities, and the Company has begun evaluating and investing in other alternative currencies such as Solana and Bitcoin for long term appreciation.

Ferrox Holdings Ltd. - A majority owner of the Tivani Project; ilmenite, iron, vanadium and phosphate project which is in an advance development stage. It is located in the long-term mining region of the Limpopo Province in South Africa. Ferrox is the holding company for several South African subsidiaries and is focus is on developing mineral resources in Sub Saharan Africa.

TR Mining – A high quality, Jamaica-based diversified mineral project with a focus on iron ore, titanium and vanadium with an initial estimated deposit of 212,925,000 tons of raw feedstock with an estimated 106,462,500 tons of ore body, based on an average of 50% magnetic material. The project is part of a Special Exclusive Prospecting License (or “SEPL”) that covers an area of approximately 25 permitted square kilometers. TR Mining is 51% owned by American Infrastructure Corporation and 49% owned by TR Mining & Equipment Limited, where RMC owns a royalty interest from the sale of produced product from the operation.

Advanced Magnet Lab, Inc. (AML) - AML is a recognized leader in the development of innovative magnet technologies and magnet-based applications. Today, AML is executing on multiple product development programs including magnet materials and PM-Wire™ based motors and generators for industrial, aerospace and defense. This includes projects funded by large industry, U.S. Department of Energy and U.S. Department of Defense. RMCO has an ownership interest in AML through its participation in their Series A round of capital raising.

Center for Advancing Sustainable and Distributed Fertilizer Production (CASFER) - CASFER vision is to enable resilient and sustainable food production by developing next generation, modular, distributed, and efficient technology for capturing, recycling, and producing decarbonized nitrogen-based fertilizers (NBFs). CASFER brings together a diverse leadership and the convergence of a multidisciplinary team drawn from Texas Tech University, Florida A&M University, Georgia Institute of Technology, Case Western Reserve University, and Massachusetts Institute of Technology. RMCO is a gold member of CASFER providing commercial technology rights into one of the fastest growing markets of fertilizer recycling.

Heart Water, Inc. - Heart Water offers artisan alkaline rainwater with the aim of saving the depleting water resources. Heart Water is a cloud-harvested, nature-purified, and micro-filtered process, this is the purest alkaline water on the planet. The company has a unique process that utilizes ultraviolet light technology, multi-stage purification, and ozone oxidation, ensuring the naturally purest water available. RMCO owns convertible debt in Heart Water.

ROYALTY MANAGEMENT HOLDING CORPORATION

STATEMENTS OF OPERATIONS

 	 	 	Dec. 31, 	 	2024	 	 	 	 	Dec. 31, 	 	2023	 	  	 	 	 	 	 	  	Environmental Services	 	 	 	 	686,230	 	 	 	 	 	202,723	 	  	Fee Income	 	 	 	 	30,859	 	 	 	 	 	198,297	 	  	Rental Income	 	 	 	 	90,000	 	 	 	 	 	87,500	 	  	TOTAL REVENUE	 	 	 	 	807,089	 	 	 	 	 	488,520	 	  	 	 	 	 	 	 	 	  	Cost of Revenue	 	 	 	 	(22,699	 	 	)	 	 	 	 	(16,594	 	 	)	  	 	 	 	 	 	 	 	  	GROSS PROFIT	 	 	 	 	784,390	 	 	 	 	 	471,926	 	  	 	 	 	 	 	 	 	  	Intangibles Amortization Expense	 	 	 	 	(56,846	 	 	)	 	 	 	 	(67,386	 	 	)	  	Depreciation Expense	 	 	 	 	(1,586	 	 	)	 	 	 	 	(1,586	 	 	)	  	General and Administrative Expenses	 	 	 	 	(761,369	 	 	)	 	 	 	 	(532,781	 	 	)	  	Professional Fees	 	 	 	 	(276,947	 	 	)	 	 	 	 	(136,322	 	 	)	  	Impairment Loss	 	 	 	 	-	 	 	 	 	 	(39,525	 	 	)	  	Total Operating Expenses	 	 	 	 	(1,096,748	 	 	)	 	 	 	 	(777,600	 	 	)	  	 	 	 	 	 	 	 	  	NET LOSS FROM OPERATIONS	 	 	 	 	(312,358	 	 	)	 	 	 	 	(305,674	 	 	)	  	 	 	 	 	 	 	 	  	OTHER INCOME (EXPENSE)	 	 	 	 	 	 	 	 	  	Interest Income	 	 	 	 	152,123	 	 	 	 	 	104,214	 	  	Income from Investment	 	 	 	 	5,491	 	 	 	 	 	13,147	 	  	Gain (Loss) on Warrant Fair Value Adjustment	 	 	 	 	175,864	 	 	 	 	 	(223,798	 	 	)	  	Other Income	 	 	 	 	-	 	 	 	 	 	13,567	 	  	Interest Expense	 	 	 	 	(135,381	 	 	)	 	 	 	 	(715,101	 	 	)	  	Total Other Income (Expense)	 	 	 	 	198,097	 	 	 	 	 	(807,971	 	 	)	  	 	 	 	 	 	 	 	  	NET LOSS	 	 	 	 	(114,261	 	 	)	 	 	 	 	(1,113,645	 	 	)	  	 	 	 	 	 	 	 	  	Weighted Average Shares Outstanding, Basic	 	 	 	 	14,958,817	 	 	 	 	 	14,270,761	 	  	Net Loss Per Share, Basic	 	 	 	$	 	 	(0.01	 	 	)	 	 	 	$	 	 	(0.08	 	 	)	 

The footnotes and additional information present in the Form 10-K filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

ROYALTY MANAGEMENT HOLDING CORPORATION

BALANCE SHEET

 	ASSETS	 	 	 	Dec. 31,	 	2024	 	 	 	 	Dec. 31,	 	2023	 	  	Cash and Cash Equivalents	 	 	 	$	 	 	114,138	 	 	 	 	$	 	 	195,486	 	  	Accounts Receivable	 	 	 	 	180,881	 	 	 	 	 	70,322	 	  	Prepaid Insurance	 	 	 	 	3,626	 	 	 	 	 	-	 	  	Interest Receivable	 	 	 	 	260,069	 	 	 	 	 	124,727	 	  	Fee Income Receivable	 	 	 	 	194,482	 	 	 	 	 	309,787	 	  	Total Current Assets	 	 	 	 	753,196	 	 	 	 	 	700,322	 	  	 	 	 	 	 	 	 	  	Investments in Corporations and LLCs	 	 	 	 	10,235,925	 	 	 	 	 	10,230,434	 	  	Convertible Notes Receivable	 	 	 	 	1,430,000	 	 	 	 	 	1,400,000	 	  	Notes Receivable	 	 	 	 	93,422	 	 	 	 	 	235,267	 	  	Due from Related Party	 	 	 	 	316	 	 	 	 	 	-	 	  	Intangible Assets, Net	 	 	 	 	1,972,899	 	 	 	 	 	1,904,745	 	  	Restricted Cash	 	 	 	 	195,350	 	 	 	 	 	176,800	 	  	Tools, Machinery & Equipment, Net	 	 	 	 	3,832	 	 	 	 	 	5,417	 	  	Operating Lease Right-Of-Use Assets, Net	 	 	 	 	355,724	 	 	 	 	 	387,138	 	  	TOTAL ASSETS	 	 	 	$	 	 	15,040,664	 	 	 	 	$	 	 	15,040,123	 	  	 	 	 	 	 	 	 	  	LIABILITIES AND STOCKHOLDERS’ EQUITY	  	 	 	 	 	 	 	 	  	LIABILITIES	 	 	 	 	 	 	 	 	  	Accounts Payable – Related Party	 	 	 	$	 	 	381,243	 	 	 	 	$	 	 	381,243	 	  	Accounts Payable	 	 	 	 	105,326	 	 	 	 	 	96,071	 	  	Due to Related Party	 	 	 	 	1,500	 	 	 	 	 	-	 	  	Current Portion of Operating Lease Liabilities	 	 	 	 	33,490	 	 	 	 	 	26,527	 	  	Current Portion of Notes Payable	 	 	 	 	250,000	 	 	 	 	 	20,000	 	  	Deferred Income	 	 	 	 	-	 	 	 	 	 	17,643	 	  	Accrued Expenses	 	 	 	 	218,377	 	 	 	 	 	818,646	 	  	Total Current Liabilities	 	 	 	 	989,936	 	 	 	 	 	1,360,130	 	  	 	 	 	 	 	 	 	  	Notes Payable – Related Party, Net	 	 	 	 	-	 	 	 	 	 	1,681,755	 	  	Operating Lease Liabilities	 	 	 	 	326,248	 	 	 	 	 	359,738	 	  	Notes Payable, Net of Current Portion	 	 	 	 	-	 	 	 	 	 	250,000	 	  	Fair Value Liability of Public Warrants	 	 	 	 	98,756	 	 	 	 	 	157,584	 	  	Fair Value Liability of Private Warrants	 	 	 	 	-	 	 	 	 	 	117,036	 	  	TOTAL LIABILITIES	 	 	 	$	 	 	1,414,940	 	 	 	 	$	 	 	3,926,243	 	  	 	 	 	 	 	 	 	  	COMMITMENTS AND CONTINGENCIES (Note 17)	 	 	 	 	-	 	 	 	 	 	-	 	  	 	 	 	 	 	 	 	  	STOCKHOLDERS’ EQUITY	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	Preferred Stock: $0.0001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of the years ended December 31, 2024 and 2023	 	 	 	 	-	 	 	 	 	 	-	 	  	Preferred Stock: $1.00 par value; 5,000,000 shares authorized, 1,607,886 and 0 shares issued and outstanding as of the years ended December 31, 2024 and 2023	 	 	 	 	1,607,886	 	 	 	 	 	-	 	  	Class A Common Stock: $0.0001 par value; 100,000,000 shares authorized, 14,958,817 and 14,270,761 shares issued and outstanding as of the years ended December 31, 2024 and 2023	 	 	 	 	1,496	 	 	 	 	 	1,427	 	  	 	 	 	 	 	 	 	  	Additional Paid-In Capital	 	 	 	 	10,784,754	 	 	 	 	 	9,766,604	 	  	 	 	 	 	 	 	 	  	Retained Earnings	 	 	 	 	1,231,588	 	 	 	 	 	1,345,849	 	  	 	 	 	 	 	 	 	  	Total Stockholders’ Equity	 	 	 	 	13,625,724	 	 	 	 	 	11,113,880	 	  	 	 	 	 	 	 	 	  	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	 	 	 	$	 	 	15,040,664	 	 	 	 	$	 	 	15,040,123	 	 

The footnotes and additional information present in the Form 10-K filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

ROYALTY MANAGEMENT HOLDING CORPORATION

STATEMENTS OF CASH FLOWS

 	 	 	Dec. 31, 	 	2024	 	 	 	 	Dec. 31, 	 	2023	 	  	Cash flows from Operating Activities:	 	 	 	 	 	 	  	Net Loss	 	 	 	$	 	 	(114,261	 	 	)	 	 	 	$	 	 	(1,113,645	 	 	)	  	Adjustments to Reconcile Net Loss to Net Cash Provided by (Used in) Operations	 	 	 	 	 	 	 	 	  	Amortization of Debt Discount	 	 	 	 	-	 	 	 	 	 	30,770	 	  	Amortization Expense of Right-of-Use Assets	 	 	 	 	4,887	 	 	 	 	 	2,264	 	  	Amortization of Intangibles	 	 	 	 	56,846	 	 	 	 	 	75,227	 	  	Depreciation Expense	 	 	 	 	1,586	 	 	 	 	 	1,586	 	  	Issuance of Common Shares for Service	 	 	 	 	-	 	 	 	 	 	5,000	 	  	Issuance of Preferred Shares for Service	 	 	 	 	1,607,886	 	 	 	 	 	-	 	  	Stock Compensation - Warrants	 	 	 	 	6,906	 	 	 	 	 	-	 	  	Impairment Loss on Intangible Asset	 	 	 	 	-	 	 	 	 	 	39,525	 	  	Fair Value Adjustment of Public Warrants	 	 	 	 	(58,828	 	 	)	 	 	 	 	157,584	 	  	Fair Value Adjustment of Private Warrants	 	 	 	 	(117,036	 	 	)	 	 	 	 	117,036	 	  	 	 	 	 	 	 	 	  	Changes in Operating Assets and Liabilities:	 	 	 	 	 	 	 	 	  	Accounts Receivable	 	 	 	 	(110,558	 	 	)	 	 	 	 	1,219	 	  	Prepaid Insurance	 	 	 	 	(3,626	 	 	)	 	 	 	 	-	 	  	Interest Receivable	 	 	 	 	(135,343	 	 	)	 	 	 	 	(101,833	 	 	)	  	Fee Income Receivable	 	 	 	 	115,304	 	 	 	 	 	(258,297	 	 	)	  	Due from Related Party	 	 	 	 	(316	 	 	)	 	 	 	 	-	 	  	Accounts Payable – Related Party	 	 	 	 	-	 	 	 	 	 	381,243	 	  	Accounts Payable	 	 	 	 	9,255	 	 	 	 	 	96,071	 	  	Due to Related Party	 	 	 	 	1,500	 	 	 	 	 	-	 	  	Deferred Revenue	 	 	 	 	(17,643	 	 	)	 	 	 	 	-	 	  	Accrued Expenses	 	 	 	 	(600,269	 	 	)	 	 	 	 	329,373	 	  	Net Cash Provided by (Used in) Operating Activities	 	 	 	 	646,290	 	 	 	 	 	(2	36	,87	7	 	 	 	)	  	 	 	 	 	 	 	 	  	Cash Flows from Investing Activities	 	 	 	 	 	 	 	 	  	Investments in Corporations and LLCs	 	 	 	 	(5,491	 	 	)	 	 	 	 	(13,147	 	 	)	  	Investments in Convertible Notes Receivable	 	 	 	 	(30,000	 	 	)	 	 	 	 	(800,000	 	 	)	  	Withdrawal from Notes Receivable	 	 	 	 	141,845	 	 	 	 	 	100,000	 	  	Investments in Intangible Assets	 	 	 	 	(125,000	 	 	)	 	 	 	 	(107,842	 	 	)	  	Net Cash Used in Investing Activities	 	 	 	 	(18,646 	 	 	)	 	 	 	 	(8	20	,9	89	 	 	 	)	  	 	 	 	 	 	 	 	  	Cash Flows from Financing Activities	 	 	 	 	 	 	 	 	  	Payments on Reverse Capitalization	 	 	 	 	-	 	 	 	 	 	(3,929,870	 	 	)	  	Proceeds from Deferred Underwriter Fee	 	 	 	 	-	 	 	 	 	 	3,500,000	 	  	Shares Buyback	 	 	 	 	(28,687	 	 	)	 	 	 	 	-	 	  	Proceeds from Notes Payable	 	 	 	 	1,040,000	 	 	 	 	 	228,000	 	  	Payments on Notes Payable	 	 	 	 	(20,000	 	 	)	 	 	 	 	-	 	  	Proceeds from Issuance of Convertible Notes	 	 	 	 	-	 	 	 	 	 	259,617	 	  	Payments on Convertible Notes	 	 	 	 	(1,681,755	 	 	)	 	 	 	 	-	 	  	Proceeds from Convertible Note Conversion	 	 	 	 	-	 	 	 	 	 	762,262	 	  	Net Cash (Used in) Provided by Financing Activities	 	 	 	 	(690,442 	 	 	)	 	 	 	 	820,009	 	  	 	 	 	 	 	 	 	  	Net Change in Cash	 	 	 	 	(62,798 	 	 	)	 	 	 	 	(237,857 	 	 	)	  	Cash – Beginning of Year	 	 	 	 	372,286	 	 	 	 	 	610,143	 	  	Cash – End of Year	 	 	 	$	 	 	309,488	 	 	 	 	$	 	 	372,286	 	  	 	 	 	 	 	 	 	  	Supplemental Information	 	 	 	 	 	 	 	 	  	Discount on Convertible Notes	 	 	 	 	-	 	 	 	 	 	30,770	 	  	Notes Receivable	 	 	 	 	-	 	 	 	 	 	(100,000	 	 	)	  	Intangible Assets	 	 	 	 	 	 	 	 	100,000	 	  	Cash Paid for Interest	 	 	 	 	-	 	 	 	 	 	-	 	  	Cash Paid for Taxes	 	 	 	 	-	 	 	 	 	 	-	 	 

The footnotes and additional information present in the Form 10-K filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements.

About Royalty Management Holding Corporation

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future.

For more information visit www.royaltymgmtcorp.com.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the “Risk Factors” section of the Company’s registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC’s website, www.sec.gov. The information contained in this release is as of the date first set forth above. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Royalty Management Holding Corporation Contact:
Thomas Sauve
Chief Executive Officer
www.royaltymgmtcorp.com
(646) 245-2465

SOURCE: Royalty Management Holding Corporation

COMTEX_464107029/2549/2025-03-31T09:07:52