Galiano Gold vs OR Royalties
Galiano Gold is the larger business, with $448m of revenue in fiscal 2025 against $277m for OR Royalties (1.6 times as much). Galiano Gold grew faster (93.6% against 45.1%). OR Royalties kept more of each dollar of sales as profit: a net margin of 74.3% against -6.5%. Galiano Gold carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Galiano GoldGAU, 2025 | OR RoyaltiesOR, 2025 |
|---|---|---|
| Revenue | $448m | $277m |
| Revenue growth | 93.6% | 45.1% |
| Net income | −$29.3m | $206m |
| Operating margin | 8.2% | 70.9% |
| Net margin | -6.5% | 74.3% |
| Return on equity | -12.7% | 15.7% |
| Free cash flow | $43.1m | — |
| Cash | $108m | — |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $492m | $6.02bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |