Royalty Management Holding Corp
RMCOFinancial·Asset Management·USA·Nano·NASD·Nov 11 • 3:59 PM ET
2.19+0.05 (2.34%)
2026-11-12 03:27 CET
Market cap
33.23 USD m
Revenue, TTM
6.17 USD m
Net income, TTM
-0.90 USD m
Free cash flow, TTM
-0.16 USD m
EPS diluted, TTM
-0.06
P/E
-
Price
RMCO against its 20, 50 and 200-day averages2050200earnings
56.2% under the 52-week high of 5.00 on 26 Jan 2026. 52-week low 1.74 on 19 May 2026. Last 15 sessions, 29.3% high to low
Volume 3.81× normal · the line is the 50-bar volume average
Profile
RMCO52-week range, 14% of the way up
1.745.00
Royalty Management Holding Corp.is a blank check company which engages in merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses. The company was founded on June 21, 2021 and is headquartered in Fishers, IN.
| IPO | May 05, 2021 |
|---|---|
| Beta | 0.02 |
| ATR, 14d | 0.15 |
| Rel volume | 3.81 |
| Short float | 0.24% |
| Insider own | 49.92% |
| Inst own | 2.41% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 33.23M |
| Enterprise Value | 36.26M |
| Income | -0.90M |
| Sales | 6.17M |
| Book/sh | 0.73 |
| Cash/sh | 0.02 |
| Dividend Est. | - |
| Dividend TTM | 0.01 (0.37%) |
| Dividend Ex-Date | Dec 31, 2026 |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | - |
| IPO | May 05, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | 73.00 |
| PEG | 0.42 |
| P/S | 5.39 |
| P/B | 2.99 |
| P/C | 118.67 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 5.88 |
| Quick Ratio | 1.41 |
| Current Ratio | 1.41 |
| Debt/Eq | 0.03 |
| LT Debt/Eq | 0.03 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -0.06 |
|---|---|
| EPS next Y | 0.03 |
| EPS next Q | -0.01 |
| EPS this Y | -500.00% |
| EPS next Y | 175.00% |
| EPS next 5Y | 175.89% |
| EPS past 3/5Y | 50.23% - |
| Sales past 3/5Y | 202.51% - |
| EPS Y/Y TTM | -250.89% |
| Sales Y/Y TTM | 133.51% |
| EPS Q/Q | 851.52% |
| Sales Q/Q | 38.02% |
| Earnings | Aug 19 |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 49.92% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 2.41% |
| Inst Trans | 0.91% |
| ROA | -5.32% |
| ROE | -6.43% |
| ROIC | -6.23% |
| Gross Margin | 9.65% |
| Oper. Margin | -5.05% |
| Profit Margin | -14.52% |
| SMA20 | -2.49% |
| SMA50 | -11.18% |
| SMA200 | -23.49% |
| Trades | - |
Technical
| Shs Outstand | 15.17M |
|---|---|
| Shs Float | 7.60M |
| Short Float | 0.24% |
| Short Ratio | 1.85 |
| Short Interest | 0.02M |
| 52W High | 5.00 -56.20% |
| 52W Low | 1.74 25.85% |
| Volatility | 8.92% 6.33% |
| ATR (14) | 0.15 |
| RSI (14) | 41.60 |
| Beta | 0.02 |
| Rel Volume | 3.81 |
| Avg Volume | 9.65K |
| Volume | 36,742 |
Performance
| Perf Week | -4.55% |
|---|---|
| Perf Month | -11.34% |
| Perf Quarter | -28.20% |
| Perf Half Y | -19.78% |
| Perf YTD | -29.13% |
| Perf Year | -33.64% |
| Perf 3Y | -61.38% |
| Perf 5Y | -78.03% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 15.00 |
| Prev Close | 2.14 |
| Price | 2.19 |
| Change % | 2.34% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| TMCR | Metals Royalty Co Inc | 129.44M |
| INV | Innventure Inc | 14.67M |
| VOXR | Vox Royalty Corp | 331.50M |
| GEG | Great Elm Group Inc | 66.32M |
| MLCI | Mount Logan Capital Inc | 39.72M |
| BUR | Burford Capital Limited | 801.52M |
| MTA | Metalla Royalty and Streaming Ltd | 720.89M |
| ELE | Elemental Royalty Corp | 1.08B |
| GROW | U.S. Global Investors Inc | 31.60M |
| HNNA | Hennessy Advisors Inc | 80.22M |
Held by
AUMNews
latest 14 of 152- Royalty Management Holding Corporation Announces Fourth Quarter 2026 Cash Dividend (NewMediaWire)
- Royalty Management Holding Corporation Reports 38% Revenue Growth and Profitable Second Quarter (NewMediaWire)
- Royalty Management Holding Corporation Congratulates Its Portfolio Holding, ReElement Technologies, on Recent Financings (NewMediaWire)
- Royalty Management's ReElement holding secures $25M US defense investment (Proactive)
- Nasdaq closes more than 2% lower as Tesla, Alphabet slide and oil nears $100 (Proactive)
- Royalty Management Holding Corporation Announces Third Quarter 2026 Cash Dividend (NewMediaWire) -5.22%
- Royalty Management Holding Corporation Announces Preliminary Inclusion to Russell Microcap(R) Index (NewMediaWire)
- Royalty Management Holding Corporation Congratulates Its Portfolio Holding, Advanced Magnet Lab, on Recent Government Grant (NewMediaWire)
- Royalty Management Holding Corporation Completes a Year of Successful Dividend Payments, Extends Annual Cash Dividend to Shareholders (NewMediaWire)
- Royalty Management Holding Corporation Reports 2025 Audited Financial Results, Including an Increase in Year-Over-Year Revenues, Interest Income, and Investment Income of 431% (NewMediaWire)
- Royalty Management Holding Corporation First Quarter 2026 Cash Dividend (NewMediaWire) -9.05%
- Royalty Management Holding Corp Applauds ReElement Technologies for Recent Private Equity Investment (NewMediaWire)
- Royalty Management Holding Corporation Enters Into Milestone Agreement to Invest in Intellectual Property Development at ReElement Technologies Corporation (NewMediaWire)
- ReElement Technologies Expands Critical and Rare Earth Element Intellectual Property Portfolio with Five New Patent Applications (ACCESSWIRE)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-19 | 0.020 | - | - | 2.00 | - | - |
| 2026Q1 | 2026-06-02 | -0.040 | - | - | 2.00 | - | - |
| 2025Q3 | 2025-11-24 | -0.010 | -0.010 | -0.014 | 1.00 | 1.00 | 1 |
| 2025Q2 | 2025-09-03 | 0.000 | - | - | 1.00 | - | - |
| 2024Q1 | 2024-05-28 | - | - | 0.010 | 0.16 | - | - |
| 2025Q4 | - | - | 0.030 | -0.027 | - | 2.00 | 1 |
| 2026Q3 | - | - | -0.014 | - | - | 2.00 | 1 |
| 2026Q4 | - | - | -0.008 | - | - | 2.00 | 1 |
| 2027Q1 | - | - | -0.006 | - | - | - | 1 |
| 2027Q2 | - | - | -0.008 | - | - | - | 1 |
| 2027Q3 | - | - | 0.021 | - | - | - | 1 |
| 2027Q4 | - | - | 0.021 | - | - | - | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | 0.010 | 0.010 | - | - | - |
| 2026FY | - | -0.040 | - | - | 8.00 |
| 2027FY | - | 0.030 | - | - | 13.00 |
| 2028FY | - | 0.210 | - | - | 23.00 |
| 2029FY | - | 0.410 | - | - | 34.00 |
| 2030FY | - | 0.370 | - | - | 34.00 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-08-21 | 1 | 0 | 0 | 2.00 | 2.00 | 2.00 |
| 2026Q3 | E | 2026-09-18 | 1 | 0 | 1 | -0.01 | -0.01 | -0.01 |
| 2026Q3 | E | 2026-08-21 | 1 | 0 | 0 | -0.01 | -0.01 | -0.01 |
| 2026Q3 | E | 2025-11-24 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-11 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-10 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-09 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-08 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-07 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-06 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-05 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-04 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-03 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
| 2026Q3 | E | 2025-11-02 | 1 | 0 | 0 | 0.06 | 0.06 | 0.06 |
Estimate history
| EPS, annual | 0.175 | -0.393 | -0.078 | -0.008 | -0.049 | -0.0593 | |||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| EPS, quarterly | -0.008 | -0.008 | -0.002 | -0.004 | -0.003 | -0.014 | -0.027 | -0.043 | 0.025 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 0.179 | 0.489 | 0.807 | 4.95 | 6.17 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| Sales, quarterly | 0.254 | 0.146 | 0.245 | 0.923 | 1.327 | 1.303 | 1.397 | 1.636 | 1.832 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 13.233 | 3.469 | 14.271 | 14.959 | 15.15 | 15.173 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |||
| Shares, quarterly | 14.955 | 14.933 | 14.959 | 14.938 | 14.918 | 15.141 | 15.15 | 15.16 | 15.173 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Total Revenue | 6.17 | 4.95 | 0.81 | 0.49 | 0.18 | 0.00 |
| Cost of Goods Sold Incl. D&A | 5.57 | 4.24 | 0.09 | 0.09 | 0.03 | 0.00 |
| Gross Profit | 0.60 | 0.71 | 0.72 | 0.40 | 0.15 | 0.00 |
| Selling, General and Administrative Excl. Other | 0.91 | 1.00 | 1.03 | 0.67 | 0.43 | 1.02 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -0.31 | -0.29 | -0.31 | -0.27 | -0.28 | -1.02 |
| Interest Expense | 0.01 | 0.02 | 0.14 | 0.72 | 0.72 | 0.00 |
| Unusual Expense | 0.76 | 0.58 | -0.18 | 0.26 | 2.00 | -3.33 |
| Net Income Before Taxes | -0.90 | -0.73 | -0.11 | -1.11 | -2.71 | 2.32 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -0.90 | -0.73 | -0.11 | -1.11 | -2.71 | 2.32 |
| Net Income From Continuing Operations | -0.90 | -0.73 | -0.11 | -1.11 | -2.71 | 2.32 |
| Net Income | -0.90 | -0.73 | -0.11 | -1.11 | -2.71 | 2.32 |
| EPS (Recurring) | -0.02 | -0.02 | -0.02 | -0.07 | -0.19 | -0.00 |
| EPS (Basic, Before Extraordinaries) | -0.06 | -0.05 | -0.01 | -0.08 | -0.39 | 0.18 |
| EPS (Diluted) | -0.06 | -0.05 | -0.01 | -0.08 | -0.39 | 0.18 |
| EBITDA | -0.22 | -0.20 | -0.25 | -0.19 | -0.26 | -1.02 |
| Non-Operating Income (Expense) | 0.19 | 0.17 | 0.16 | 0.13 | 0.29 | 0.01 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price To Earnings Ratio | - | - | 97.84 | - | 71.35 | 56.56 |
| Price To Sales Ratio | 6.44 | 9.35 | 18.50 | 49.66 | 385.56 | - |
| Gross Margin | 9.65 | 14.28 | 89.34 | 82.02 | 85.06 | - |
| Operating Margin | -5.05 | -5.93 | -38.70 | -54.48 | -156.61 | - |
| Net Margin | -14.52 | -14.68 | -14.16 | -227.96 | -1,515.76 | - |
| Shares Outstanding | 15.17 | 15.15 | 14.96 | 14.27 | 3.47 | 13.23 |
| Market Capitalization | 33.23 | 33.23 | 14.90 | 1.26 | 34.72 | 165.38 |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1.83 | 1.64 | 1.40 | 1.30 | 1.33 | 0.92 | 0.25 | 0.15 |
| Cost of Goods Sold Incl. D&A | 1.70 | 1.44 | 1.26 | 1.17 | 1.12 | 0.70 | 0.02 | 0.02 |
| Gross Profit | 0.13 | 0.19 | 0.14 | 0.13 | 0.21 | 0.22 | 0.23 | 0.12 |
| Selling, General and Administrative Excl. Other | 0.22 | 0.28 | 0.18 | 0.23 | 0.26 | 0.33 | 0.25 | 0.28 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -0.09 | -0.09 | -0.04 | -0.10 | -0.05 | -0.11 | -0.02 | -0.16 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.03 |
| Unusual Expense | -0.42 | 0.61 | 0.42 | 0.15 | 0.04 | -0.02 | 0.04 | -0.04 |
| Net Income Before Taxes | 0.38 | -0.65 | -0.41 | -0.21 | -0.05 | -0.06 | -0.03 | -0.11 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | 0.38 | -0.65 | -0.41 | -0.21 | -0.05 | -0.06 | -0.03 | -0.11 |
| Net Income From Continuing Operations | 0.38 | -0.65 | -0.41 | -0.21 | -0.05 | -0.06 | -0.03 | -0.11 |
| Net Income | 0.38 | -0.65 | -0.41 | -0.21 | -0.05 | -0.06 | -0.03 | -0.11 |
| EPS (Recurring) | 0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.01 |
| EPS (Basic, Before Extraordinaries) | 0.02 | -0.04 | -0.03 | -0.01 | -0.00 | -0.00 | -0.00 | -0.01 |
| EPS (Diluted) | 0.02 | -0.04 | -0.03 | -0.01 | -0.00 | -0.00 | -0.00 | -0.01 |
| EBITDA | -0.07 | -0.07 | -0.00 | -0.08 | -0.03 | -0.08 | -0.01 | -0.14 |
| Non-Operating Income (Expense) | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price To Earnings Ratio | - | - | - | - | - | - | 97.84 | - |
| Price To Sales Ratio | 6.44 | 7.95 | 9.46 | 8.33 | 7.33 | 10.57 | 18.50 | 13.76 |
| Gross Margin | 7.20 | 11.69 | 10.05 | 10.10 | 15.87 | 23.78 | 93.14 | 83.84 |
| Operating Margin | -4.95 | -5.31 | -2.57 | -7.55 | -3.63 | -12.05 | -9.20 | -111.78 |
| Net Margin | 20.48 | -39.87 | -29.32 | -16.05 | -3.73 | -6.36 | -13.00 | -77.23 |
| Shares Outstanding | 15.17 | 15.16 | 15.15 | 15.14 | 14.92 | 14.94 | 14.96 | 14.93 |
| Market Capitalization | 33.23 | 44.97 | 46.78 | 31.22 | 19.39 | 16.58 | 14.90 | 14.48 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 0.13 | 0.11 | 0.20 | 0.43 | 0.29 |
| Short Term Receivables | 2.11 | 0.64 | 0.50 | 0.15 | 0.68 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 |
| Total Current Assets | 2.24 | 0.75 | 0.70 | 0.58 | 1.07 |
| Net Property, Plant & Equipment | 0.30 | 0.36 | 0.39 | 0.15 | 0.00 |
| Total Investments and Advances | 10.44 | 10.43 | 10.41 | 10.39 | 106.12 |
| Long-Term Note Receivable | 1.69 | 1.52 | 1.64 | 0.84 | - |
| Intangible Assets | 1.97 | 1.97 | 1.90 | 2.01 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 16.65 | 15.04 | 15.04 | 13.97 | 107.19 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.04 | 0.28 | 0.05 | 0.04 | 0.00 |
| Accounts Payable | 1.61 | 0.49 | 0.48 | 0.00 | 0.00 |
| Other Current Liabilities | 0.32 | 0.22 | 0.84 | 0.51 | 0.10 |
| Total Current Liabilities | 1.98 | 0.99 | 1.36 | 0.55 | 0.10 |
| Long Term Debt | 0.31 | 0.33 | 2.29 | 3.75 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.68 | 0.10 | 0.27 | 0.00 | 8.80 |
| Total Liabilities | 2.97 | 1.41 | 3.93 | 4.30 | 8.90 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 2.23 | 1.61 | 0.00 | 0.00 | 0.00 |
| Common Equity | 11.45 | 12.02 | 11.11 | 9.67 | 98.29 |
| Total Shareholders Equity | 13.69 | 13.63 | 11.11 | 9.67 | 98.29 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 13.69 | 13.63 | 11.11 | 9.67 | 98.29 |
| Total Liabilities & Stockholders Equity | 16.65 | 15.04 | 15.04 | 13.97 | 107.19 |
| Book Value Per Share | 0.76 | 0.80 | 0.78 | 2.79 | 7.43 |
| Tangible Book Value Per Share | 0.63 | 0.67 | 0.65 | 2.21 | 7.43 |
| Price to Book Ratio | 2.99 | 1.24 | 7.75 | 12.74 | 1.35 |
| Return on Assets | -4.59 | -0.76 | -9.76 | -4.47 | - |
| Return on Equity | -5.32 | -0.92 | -15.18 | -5.02 | - |
| Return on Invested Capital | -5.19 | -0.82 | -8.31 | -20.19 | 2.36 |
| Quick Ratio | 1.13 | 0.76 | 0.51 | 1.06 | 10.81 |
| Current Ratio | 1.13 | 0.76 | 0.51 | 1.06 | 10.81 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Net Income | -0.90 | -0.73 | -0.11 | -1.11 | -2.71 | 2.32 |
| Depreciation | 0.09 | 0.10 | 0.06 | 0.08 | 0.02 | - |
| Other Funds (Non Cash) | 1.04 | 0.87 | 1.44 | 0.31 | 2.81 | -3.01 |
| Funds from Operations | 0.24 | 0.24 | 1.39 | -0.72 | 0.13 | -0.69 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.38 | -0.25 | -0.74 | 0.45 | 0.31 | -0.68 |
| Cash from Operating Activities | -0.14 | -0.01 | 0.65 | -0.28 | 0.44 | -1.37 |
| Capital Expenditures | -0.27 | -0.06 | -0.12 | -0.07 | -1.95 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -0.01 | -0.18 | 0.11 | -0.71 | -1.35 | -106.12 |
| Purchase of Investments | -0.01 | -0.23 | -0.04 | -0.81 | -1.35 | -106.12 |
| Sale Or Maturity of Investments | 0.00 | 0.04 | 0.14 | 0.10 | 98.50 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -0.29 | -0.24 | -0.02 | -0.78 | -3.31 | -106.12 |
| Cash Dividends Paid | -0.15 | -0.11 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.78 | 0.63 | -0.03 | -0.43 | 0.00 | 107.78 |
| Repurchase of Common Pref Stock | -0.04 | -0.10 | -0.03 | -3.93 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.82 | 0.73 | 0.00 | 3.50 | 0.00 | 107.78 |
| Proceedsfrom Stock Options | 0.82 | 0.73 | 0.00 | 3.50 | 0.00 | 107.64 |
| Issuance or Reduction of Debt, Net | -0.08 | -0.25 | -0.66 | 1.25 | 3.48 | 0.00 |
| Change in Long Term Debt | -0.08 | -0.25 | -0.66 | 1.25 | 3.48 | 0.00 |
| Issuance of Long Term Debt | 0.17 | 0.00 | 1.04 | 1.25 | 3.48 | 0.00 |
| Reduction of Long Term Debt | -0.25 | -0.25 | -1.70 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.76 |
| Cash from Financing Activities | 0.54 | 0.27 | -0.69 | 0.82 | 3.48 | 107.78 |
| Net Change in Cash | 0.11 | 0.02 | -0.06 | -0.24 | 0.61 | 0.29 |
| Free Cash Flow | -0.16 | -0.01 | 0.65 | -0.28 | 0.43 | -1.37 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | - | - | 23.10 | - | 159.65 | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 0.28 | 0.34 | 0.13 | 0.17 | 0.15 | 0.13 |
| Short Term Receivables | 1.92 | 2.27 | 2.11 | 3.44 | 2.30 | 1.32 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 2.21 | 2.62 | 2.24 | 3.61 | 2.44 | 1.45 |
| Net Property, Plant & Equipment | 0.35 | 0.30 | 0.30 | 0.33 | 0.34 | 0.35 |
| Total Investments and Advances | 10.43 | 10.45 | 10.44 | 10.44 | 10.44 | 10.43 |
| Intangible Assets | 2.14 | 2.07 | 1.97 | 1.94 | 1.94 | 1.96 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 16.82 | 17.12 | 16.65 | 18.02 | 16.86 | 15.72 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.03 | 0.20 | 0.04 | 0.04 | 0.29 | 0.28 |
| Accounts Payable | 1.33 | 1.64 | 1.61 | 3.04 | 1.88 | 0.78 |
| Other Current Liabilities | 0.20 | 0.32 | 0.32 | 0.29 | 0.32 | 0.26 |
| Total Current Liabilities | 1.57 | 2.16 | 1.98 | 3.37 | 2.48 | 1.33 |
| Long Term Debt | 0.45 | 0.29 | 0.31 | 0.32 | 0.33 | 0.34 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.88 | 1.30 | 0.68 | 0.27 | 0.12 | 0.08 |
| Total Liabilities | 2.89 | 3.74 | 2.97 | 3.95 | 2.93 | 1.74 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 2.83 | 2.61 | 2.23 | 2.17 | 2.11 | 2.05 |
| Common Equity | 11.10 | 10.77 | 11.45 | 11.89 | 11.83 | 11.94 |
| Total Shareholders Equity | 13.93 | 13.38 | 13.69 | 14.06 | 13.93 | 13.98 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 13.93 | 13.38 | 13.69 | 14.06 | 13.93 | 13.98 |
| Total Liabilities & Stockholders Equity | 16.82 | 17.12 | 16.65 | 18.02 | 16.86 | 15.72 |
| Book Value Per Share | 0.73 | 0.71 | 0.76 | 0.79 | 0.79 | 0.80 |
| Tangible Book Value Per Share | 0.59 | 0.57 | 0.63 | 0.66 | 0.66 | 0.67 |
| Price to Book Ratio | 2.99 | 3.93 | 3.93 | 2.67 | 1.62 | 1.38 |
| Return on Assets | -5.32 | -8.04 | -4.59 | -2.09 | -1.58 | -2.08 |
| Return on Equity | -6.43 | -9.65 | -5.32 | -2.53 | -1.93 | -2.51 |
| Return on Invested Capital | 2.61 | -4.77 | -2.93 | -1.45 | -0.35 | -0.41 |
| Quick Ratio | 1.41 | 1.21 | 1.13 | 1.07 | 0.98 | 1.10 |
| Current Ratio | 1.41 | 1.21 | 1.13 | 1.07 | 0.98 | 1.10 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | 0.38 | -0.65 | -0.41 | -0.21 | -0.05 | -0.06 |
| Depreciation | 0.02 | 0.02 | 0.04 | 0.01 | 0.01 | 0.03 |
| Other Funds (Non Cash) | -0.36 | 0.68 | 0.51 | 0.22 | 0.11 | 0.04 |
| Funds from Operations | 0.04 | 0.04 | 0.13 | 0.02 | 0.07 | 0.02 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.15 | -0.14 | -0.08 | -0.00 | 0.18 | -0.35 |
| Cash from Operating Activities | -0.11 | -0.10 | 0.05 | 0.02 | 0.25 | -0.33 |
| Capital Expenditures | -0.09 | -0.13 | -0.04 | -0.01 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.17 | -0.01 |
| Purchase of Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.21 | -0.01 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -0.09 | -0.14 | -0.05 | -0.02 | -0.17 | -0.01 |
| Cash Dividends Paid | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | 0.00 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 | - | - |
| Change in Capital Stock | 0.15 | 0.32 | 0.00 | 0.31 | -0.03 | 0.35 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -0.04 | -0.03 | -0.03 |
| Sale of Common Pref Stock | 0.15 | 0.32 | 0.00 | 0.35 | 0.00 | 0.38 |
| Proceedsfrom Stock Options | 0.15 | 0.32 | 0.00 | 0.35 | 0.00 | 0.38 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.17 | 0.00 | -0.25 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.17 | 0.00 | -0.25 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | -0.25 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 0.11 | 0.45 | -0.04 | 0.02 | -0.07 | 0.35 |
| Net Change in Cash | -0.09 | 0.21 | -0.04 | 0.03 | 0.01 | 0.02 |
| Free Cash Flow | -0.11 | -0.12 | 0.05 | 0.02 | 0.25 | -0.33 |
| Price to Free Cash Flow | - | 995.46 | - | - | 15.81 | 18.56 |
Revenue breakdown
| United States | 2024: 807.09K 2025: 4.95M |
|---|---|
| RMC Environmental Services | 2024: 686.23K 2025: 4.85M |
| Royalty Management Corporation Investments | 2024: 60.86K 2025: 39.56K |
| Vault Holding Corporation | 2024: 60.00K 2025: 60.00K |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 0.24% | 0.0M | 7.6M | 11.45K |
| 2026-10-15 | 0.22% | 0.0M | 7.6M | 11.43K |
| 2026-09-30 | 0.29% | 0.0M | 7.6M | 12.31K |
| 2026-09-15 | 0.23% | 0.0M | 7.6M | 14.33K |
| 2026-08-31 | 0.28% | 0.0M | 7.6M | 15.27K |
| 2026-08-14 | 0.25% | 0.0M | 7.6M | 39.94K |
| 2026-07-31 | 0.21% | 0.0M | 7.6M | 37.91K |
| 2026-07-15 | 0.21% | 0.0M | 7.6M | 39.33K |
| 2026-06-30 | 0.28% | 0.0M | 7.6M | 41.25K |
| 2026-06-15 | 0.23% | 0.0M | 7.6M | 43.88K |
| 2026-05-29 | 0.30% | 0.0M | 7.6M | 42.96K |
| 2026-05-15 | 0.18% | 0.0M | 7.6M | 20.14K |
| 2026-04-30 | 0.24% | 0.0M | 6.6M | 20.16K |
| 2026-04-15 | 0.31% | 0.0M | 6.6M | 26.83K |
| 2026-03-31 | 0.27% | 0.0M | 6.6M | 28.74K |
| 2026-03-13 | 0.45% | 0.0M | 6.6M | 27.02K |
| 2026-02-27 | 0.49% | 0.0M | 6.6M | 30.62K |
| 2026-02-13 | 0.60% | 0.0M | 6.6M | 46.11K |
| 2026-01-30 | 0.70% | 0.0M | 6.6M | 50.67K |
| 2026-01-15 | 0.81% | 0.1M | 6.6M | 69.13K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-03 | SCHEDULE 13G/A | SEC | ||
| 2026-09-10 | SCHEDULE 13G | SEC | ||
| 2026-09-03 | SCHEDULE 13G | SEC | ||
| 2026-08-31 | SCHEDULE 13G | SEC | ||
| 2026-08-21 | SCHEDULE 13G | SEC | ||
| 2026-08-21 | SCHEDULE 13G | SEC | ||
| 2026-08-13 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-01 | 8-K | Current report | 2026-06-30 | SEC |
| 2026-05-15 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-30 | SEC |
| 2026-05-14 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-04 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-30 | SEC |
| 2026-03-31 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2025-11-13 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-09-30 | SEC |
| 2025-08-11 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-06-30 | SEC |
| 2025-06-26 | 8-K | Current report | 2025-06-25 | SEC |
| 2025-06-24 | 8-K | Current report | 2025-06-24 | SEC |
| 2025-06-18 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2025-06-13 | CORRESP | SEC | ||
| 2025-06-09 | UPLOAD | Upload Submission | SEC | |
| 2025-06-06 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2025-05-27 | SEC |
| 2025-06-02 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2025-05-27 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2025-05-27 | SEC |
| 2025-05-14 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-03-31 | SEC |
| 2025-04-15 | 10-K/A | 2024-12-31 | SEC | |
| 2025-04-02 | SCHEDULE 13D/A | SEC | ||
| 2025-03-31 | 8-K/A | 2025-03-20 | SEC | |
| 2025-03-31 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2024-12-31 | SEC |
| 2025-03-27 | 8-K | Current report | 2025-03-20 | SEC |
| 2025-02-13 | 8-K | Current report | 2025-01-24 | SEC |
| 2025-02-05 | 8-K | Current report | 2025-02-01 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 0.82% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.49% |
| VANGUARD FIDUCIARY TRUST CO | 0.31% |
| BLAIR WILLIAM & CO/IL | 0.19% |
| BlackRock, Inc. | 0.18% |
| CITADEL ADVISORS LLC | 0.16% |
| BRC Group Holdings, Inc. | 0.13% |
| STATE STREET CORP | 0.09% |
| UBS Group AG | 0.02% |
| Tower Research Capital LLC | 0.01% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD EXTENDED MARKET INDEX FUND | 0.48% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 0.34% |
| Fidelity Extended Market Index Fund | 0.23% |
| iShares Micro-Cap ETF | 0.17% |
| Fidelity Total Market Index Fund | 0.10% |
| Fidelity Series Total Market Index Fund | 0.07% |
| Fidelity Nasdaq Composite Index Fund | 0.03% |
| 1290 VT Micro Cap Portfolio | 0.01% |
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