Metalla Royalty Reports 99.7% Revenue Growth for FY 2024
- Significant Revenue Growth: Metalla Royalty & Streaming reported FY 2024 revenue of $11.74 million, reflecting a substantial year-over-year increase of 99.7%, indicating strong performance in its royalty and streaming business, which further solidifies its market position.
- Adjusted EBITDA Improvement: The company recorded an adjusted EBITDA of $4.7 million, demonstrating enhanced operational efficiency alongside significant revenue growth, indicating positive progress in cost control and profitability.
- Reduced Net Loss: Although Metalla reported a net loss of $4.2 million, this marks an improvement from the $5.5 million net loss in FY 2024, showcasing a gradual recovery in financial health and boosting investor confidence.
- Increase in Gold Equivalent Ounces: The company received or accrued payments on 3,436 Gold Equivalent Ounces in FY 2024, representing a 38% increase compared to 2024, which not only strengthens its revenue base but also lays a solid foundation for future growth.
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- Significant Revenue Growth: Metalla achieved record revenue of $11.7 million for fiscal year 2025, representing a 100% increase from 2024, reflecting the company's ongoing ramp-up of producing assets and strategic positioning towards high-quality royalties, which is expected to drive substantial future cash flow growth.
- Record Cash Flow and EBITDA: The company reported cash flow from operating activities of $4.4 million and adjusted EBITDA of $4.7 million, marking increases of 271% and 228% respectively compared to 2024, demonstrating significant improvements in cost control and asset utilization efficiency, thereby enhancing shareholder value.
- Increase in Gold Equivalent Ounces: Metalla accrued 3,436 Gold Equivalent Ounces in 2025, a 38% increase from 2024, which not only boosts the company's revenue potential but also lays the groundwork for future production growth, further solidifying its position in the precious metals market.
- Improved Financial Health: The company's net loss decreased to $4.2 million from $5.5 million in 2024, indicating progress in financial management and operational efficiency, providing stronger financial support for future investments and expansions.
- Significant Revenue Growth: Metalla Royalty & Streaming reported FY 2024 revenue of $11.74 million, reflecting a substantial year-over-year increase of 99.7%, indicating strong performance in its royalty and streaming business, which further solidifies its market position.
- Adjusted EBITDA Improvement: The company recorded an adjusted EBITDA of $4.7 million, demonstrating enhanced operational efficiency alongside significant revenue growth, indicating positive progress in cost control and profitability.
- Reduced Net Loss: Although Metalla reported a net loss of $4.2 million, this marks an improvement from the $5.5 million net loss in FY 2024, showcasing a gradual recovery in financial health and boosting investor confidence.
- Increase in Gold Equivalent Ounces: The company received or accrued payments on 3,436 Gold Equivalent Ounces in FY 2024, representing a 38% increase compared to 2024, which not only strengthens its revenue base but also lays a solid foundation for future growth.
- Record Revenue: Metalla anticipates a record revenue of $11.7 million from royalty and streaming interests for 2025, representing a 99% increase from $5.9 million in 2024, indicating strong performance and rising market demand in the mining sector.
- Increase in GEOs: The company expects attributable Gold Equivalent Ounces (GEOs) to reach 3,436 for 2025, a 38% increase from 2,481 GEOs in 2024, despite fourth-quarter performance being impacted by a safety incident at Endeavor Mine and below-forecast results at Wharf Mine.
- Strategic Investment Progress: Mitsubishi's $600 million strategic investment in the Copper World project has been successfully closed, with a Definitive Feasibility Study (DFS) expected in mid-2026 to support a sanction decision, further solidifying Metalla's position in the copper mining sector.
- Resource Expansion Plans: G Mining has set a $21 million resource expansion budget for the Gurupi project, with a preliminary economic assessment targeted for release in the second half of 2026, demonstrating Metalla's focus on future growth potential and proactive investment decisions.
Tether's Investment Strategy: Tether is investing over $300 million into gold royalties, acquiring significant stakes in companies like Elemental Altus Royalties, to diversify its portfolio and hedge against regulatory risks associated with dollar-backed stablecoins.
Regulatory Landscape: With new U.S. regulations on stablecoins requiring reserves in cash or Treasury bills, Tether's offshore operations in El Salvador may allow it to navigate these rules while preparing for potential restrictions on USDT trading in the U.S. market.
Gold's Growing Importance: Tether's move aligns with a broader trend of central banks and governments increasing their gold reserves, indicating a structural shift in how money is managed globally, with gold becoming a viable alternative to the dollar.
Market Implications: Tether's actions signal a potential future where stablecoins may need to incorporate hard assets like gold, prompting traders to consider the implications of these investments on the intersection of gold and digital currencies.
- Increased Financing Size: Galantas Gold has upsized its private placement to C$13.5 million due to strong investor demand, with each unit priced at C$0.08.
- Transaction Progress: The company plans to acquire RDL Mining, issuing approximately 132 million common shares, with completion expected in Q4 2025.

Private Placement Increase: Galantas Gold Corporation has increased its private placement offering to raise up to C$13.5 million, consisting of 168,750,000 units priced at C$0.08 each, with an additional over-allotment option of C$2,025,000 for further units.
Acquisition of RDL Mining: The company is progressing with the acquisition of RDL Mining Corp., where RDL shareholders will receive approximately 132 million common shares, representing 49.99% of the company post-transaction, along with a net smelter returns royalty related to the Indiana Project.
Use of Proceeds: The net proceeds from the offering will be allocated to exploration work on the Indiana Project, option payments, and general corporate purposes, with completion expected around December 10, 2025, pending regulatory approvals.
Trading Halt: Trading of Galantas shares is currently halted in accordance with TSXV policy, and the company emphasizes that the securities offered have not been registered under U.S. securities laws and cannot be sold in the U.S. without proper registration or exemptions.







