# Royalty Management Corporation (RMCO)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $38M  
**Price:** $2.56 (+0.99%)

> Royalty Management Corporation is a financial services company that focuses on acquiring and managing royalty and revenue-based interests across a diversified set of assets. The firm is structured as a royalty company, investing in or purchasing assets that generate current or near-term income, with the objective of creating stable cash flows that can be redeployed into additional opportunities. Its portfolio emphasis includes natural resource-related assets such as real estate and mining permits, as well as patents, intellectual property, and emerging technologies. By structuring deals around royalties and similar revenue-sharing mechanisms, Royalty Management Corporation provides capital solutions to asset owners and operators while seeking to participate in the underlying cash flows those assets produce. Founded in 2021 and headquartered in Fishers, Indiana, the company operates within the asset management segment of the financial services industry, serving as an intermediary between capital markets and a range of real-asset and innovation-driven sectors.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5M | $804,777 | -$293,617 | -$726,890 | — |
| 2024 | $807,089 | $784,390 | -$312,358 | -$114,261 | — |
| 2023 | $488,520 | $471,926 | -$305,674 | -$1M | — |
| 2022 | $178,800 | $174,133 | -$2M | -$3M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17M | $3M | $14M | $133,064 | — |
| 2024 | $15M | $1M | $14M | $114,138 | $250,000 |
| 2023 | $15M | $4M | $11M | $195,486 | $270,000 |
| 2022 | $14M | $4M | $10M | $433,343 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$8,952 | — | — |
| 2024 | $646,290 | — | — |
| 2023 | -$236,877 | — | — |
| 2022 | $439,675 | — | — |
| 2021 | -$1M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/RMCO)