Star Royalties (STRR) Q2 2025 earnings summary

Executive summary

• Report covers unaudited results for the three and six months ended June 30, 2025 and 2024, prepared in U.S. dollars.

• Financial statements were not reviewed by an auditor and are management's responsibility.

• The company operates as a precious metals royalty and streaming investment entity, with green investments through a joint venture.

• Material uncertainty exists regarding the company's ability to continue as a going concern due to ongoing losses and cash usage.

Financial highlights

• Six-month revenue was $257,133, down from $541,701 year-over-year; three-month revenue was $96,594, down from $266,306.

• Net loss for six months was $1,157,650, compared to $246,920 in the prior year; three-month net loss was $825,791, compared to $567,350.

• Gross profit for six months was $117,093, down from $277,612 year-over-year.

• Comprehensive income for six months was $265,143, compared to a loss of $2,063,700 in the prior year, due to currency translation adjustments.

• Cash at June 30, 2025 was $764,845, down from $1,377,630 at December 31, 2024.

Outlook and guidance

• Continuation as a going concern depends on generating revenue, management fees, asset sales, and securing new financing.

• Management is actively seeking additional funding and asset monetization opportunities.