Electric Royalties Ltd. (ELECF)
Headquartered in Vancouver, Canada, Electric Royalties Ltd. specializes in obtaining royalty interests from various mining operations and development ventures. The firm's primary investment strategy targets a diverse array of essential commodities, such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper.
Industry: Other Precious Metals
Electric Royalties Ltd.
OTC:ELECFBasic Materials · Other Precious Metals
+0.47%$0.0743
Mkt Cap$10.08M
Float74.94M
O/S135.62M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$230K
Net Income-$6.68M
Total Assets$10.31M
Free Cash Flow-$1.7M
Debt & Equity
Debt 65%
Equity 35%
Total Debt$6.61M
Total Equity$3.56M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ELECF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.31M
Liabilities$6.75M
Accounts Receivable$85K
Accounts Payable$144K
Inventory$0
PP&E (Net)$9.52M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $230K | $22K | $118K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 938.3% | -81.2% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $692K | $14K | $29K | $5K | $3K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$461K | $8K | $89K | -$5K | -$3K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | -200.1% | 35.4% | 75.4% | - | - | - | - | - | - | - |
| Research and Development | $0 | $122K | $26K | $54K | $199K | $182K | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.11M | $1.23M | $770K | $1.45M | $1.33M | $673K | $36K | $54K | $40K | $2K |
| Other | -$225K | $0 | $0 | $0 | -$339K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $888K | $1.35M | $796K | $1.5M | $1.19M | $855K | $36K | $54K | $40K | $2K |
| Operating Income (EBIT) | -$1.35M | -$1.6M | -$923K | -$984K | -$1.19M | -$855K | -$36K | -$54K | -$40K | -$2K |
| Operating Margin | -585.4% | -7200.4% | -781.0% | - | - | - | - | - | - | - |
| Interest Expense | $1.06M | $788K | $216K | $2K | $2K | $0 | $0 | $363 | $0 | $0 |
| Interest Income | $14K | $32K | $27K | $27K | $13K | $9K | $87 | $895 | $0 | $0 |
| Other Income (Expense) | -$5.33M | -$3.07M | -$3.37M | -$373K | -$423K | -$1.03M | $87 | $533 | $3 | -$2 |
| Income Before Tax (EBT) | -$6.68M | -$4.67M | -$4.29M | -$1.36M | -$1.62M | -$1.88M | -$36K | -$53K | -$40K | -$2K |
| Income Tax Expense | $0 | -$135K | -$14K | $14K | $24K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$6.68M | -$4.54M | -$4.28M | -$1.37M | -$1.64M | -$1.88M | -$36K | -$53K | -$40K | -$2K |
| Net Income Margin | -2899.3% | -20432.3% | -3618.0% | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||
| EPS | -0.08 | -0.06 | -0.06 | -0.02 | -0.04 | -0.08 | -0.00 | -0.07 | -0.33 | -0.00 |
| Diluted EPS | -0.08 | -0.06 | -0.06 | -0.02 | -0.04 | -0.08 | -0.00 | -0.07 | -0.33 | -0.00 |
| Weighted Average OS | 119.96M | 101.69M | 95.77M | 87.55M | 61.26M | 33.00M | 43.26M | 1.00M | 167,123 | 1.00M |
| EBITDA | -$1.22M | -$3.88M | -$4.04M | -$979K | -$1.19M | -$855K | -$36K | -$54K | -$40K | -$2K |
| EBITDA Margin | -527.8% | -17462.1% | -3418.6% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $598K | $20K | $315K | $882K | $1.5M | $1.84M | $68K | $139K | $161K | $4K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $598K | $20K | $315K | $882K | $1.5M | $1.84M | $68K | $139K | $161K | $4K |
| Accounts Receivable | $85K | $89K | $62K | $26K | $0 | $0 | $2K | $0 | $2K | $67K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $14K | $13K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $733K | $145K | $522K | $929K | $1.55M | $1.94M | $73K | $139K | $163K | $71K |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $9.52M | $14.12M | $10.1M | $8.6M | $6.12M | $1.78M | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $57K | $64K | $2.15M | $3.59M | $3.41M | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $40K | $67K | $0 | $0 | $0 | $0 | $0 | $0 | $1K |
| Total Long-Term Assets | $9.58M | $14.23M | $12.32M | $12.19M | $9.53M | $1.78M | $0 | $0 | $0 | $1K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.31M | $14.37M | $12.84M | $13.12M | $11.08M | $3.72M | $73K | $139K | $163K | $72K |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $144K | $879K | $94K | $93K | $216K | $88K | $38K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $6.55M | $3.09M | $0 | $24K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $3.09M | $0 | $24K | $0 | $0 | $33K | $7K | $3K |
| Total Current Liabilities | $144K | $7.43M | $3.19M | $98K | $244K | $88K | $38K | $33K | $7K | $3K |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $6.61M | $6.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $3.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $6.61M | $6.55M | $3.1M | $13K | $18K | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | -$3.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.75M | $7.43M | $3.2M | $111K | $262K | $88K | $38K | $33K | $7K | $3K |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $20.01M | $17.73M | $16.81M | $16.08M | $13.25M | $5.3M | $71K | $183K | $183K | $71K |
| Retained Earnings | -$20.41M | -$13.74M | -$9.21M | -$4.93M | -$3.56M | -$1.92M | -$36K | -$95K | -$42K | -$2K |
| Comprehensive Income & Other | $3.96M | $2.95M | $2.03M | $1.86M | $27K | $252K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $3.96M | $2.95M | $2.03M | $1.86M | $1.12M | $252K | $1 | $18K | $15K | $0 |
| Total Equity | $3.56M | $6.94M | $9.64M | $13.01M | $10.81M | $3.63M | $35K | $105K | $156K | $69K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $10.31M | $14.37M | $12.84M | $13.12M | $11.08M | $3.72M | $73K | $139K | $163K | $72K |
| Supplementary Data | ||||||||||
| Total Debt | $6.61M | $8K | $13K | $18K | $22K | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $6.01M | -$12K | -$302K | -$864K | -$1.48M | -$1.84M | -$68K | -$139K | -$161K | -$4K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | |||||||||
| Net Income | -$6.68M | -$4.53M | -$4.28M | -$1.37M | -$1.64M | -$1.88M | -$36K | -$40K | -$2K |
| Depreciation & Amortization | $133K | $5K | $34K | $5K | $3K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | -$135K | $0 | -$125K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $233K | $0 | $208K | $356K | $242K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$14K | -$15K | $6K | $0 | $0 | $0 | -$2K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$38K | $0 | $0 |
| Accounts Payable | $0 | $0 | $1K | -$123K | $128K | $50K | $38K | $0 | $0 |
| Other Working Capital | -$442K | $522K | -$110K | -$22K | $69K | -$89K | $38K | $3K | $2K |
| Total Working Capital Change | -$455K | $506K | -$103K | -$146K | $198K | -$40K | $36K | $3K | $2K |
| Other Non-Cash Items | $5.63M | $3.09M | $3.36M | -$25K | $16K | $408K | -$87 | $7K | $0 |
| Net Cash from Operating | -$1.38M | -$839K | -$984K | -$1.45M | -$1.07M | -$1.27M | -$54 | -$29K | -$207 |
| Investing Activities | |||||||||
| Capital Expenditures | -$321K | -$3.53M | -$2.82M | -$1.39M | -$359K | -$890K | $0 | $0 | $0 |
| Acquisitions | $0 | $81K | $52K | $193K | -$378K | $7K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $127K | $87K | $21K | $27K | $13K | $9K | $87 | $0 | $0 |
| Net Cash from Investing | -$193K | -$3.37M | -$2.75M | -$1.17M | -$723K | -$873K | $87 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | $3K | -$3.95M | -$3.17M | $4K | $3K | - | - | - | - |
| Common Stock Issuance | $2.18M | $0 | $0 | $2.01M | $1.36M | $3.92M | $68K | $120K | $71K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$30K | -$42K | -$2K | -$2K | $87K | $0 | $0 | $186K | $4K |
| Net Cash from Financing | $2.15M | $3.91M | $3.17M | $2.01M | $1.45M | $3.92M | $68K | $186K | $4K |
| Forex Effect | $913 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $579K | -$295K | -$566K | -$617K | -$344K | $1.77M | $68K | $157K | $4K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$1.38M | -$839K | -$984K | -$1.45M | -$1.07M | -$1.27M | -$54 | -$29K | -$207 |
| Capital Expenditure | -$321K | -$3.53M | -$2.82M | -$1.39M | -$359K | -$890K | $0 | $0 | $0 |
| Free Cash Flow | -$1.7M | -$4.37M | -$3.81M | -$2.84M | -$1.43M | -$2.16M | -$54 | -$29K | -$207 |
| Cash at Beginning | $19K | $315K | $882K | $1.5M | $1.84M | $68K | $0 | $4K | $0 |
| Cash at End | $598K | $20K | $315K | $882K | $1.5M | $1.84M | $68K | $161K | $4K |