Metalla Royalty & Streaming vs Versamet Royalties
Versamet Royalties is the larger business, with $34.8m of revenue in fiscal 2025 against $11.7m for Metalla Royalty & Streaming (3.0 times as much). Versamet Royalties grew faster (189.1% against 99.6%). Versamet Royalties kept more of each dollar of sales as profit: a net margin of 58.5% against -36.1%. Versamet Royalties carries less debt relative to equity (0.0% against 4.8%).
| Latest fiscal year | Metalla Royalty & StreamingMTA, 2025 | Versamet RoyaltiesVMET, 2025 |
|---|---|---|
| Revenue | $11.7m | $34.8m |
| Revenue growth | 99.6% | 189.1% |
| Net income | −$4.2m | $20.3m |
| Operating margin | -0.5% | 111.5% |
| Net margin | -36.1% | 58.5% |
| Return on equity | -1.7% | 9.1% |
| Free cash flow | — | — |
| Cash | $9.8m | $3.7m |
| Total debt | $12.2m | $0 |
| Debt to equity | 4.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $666m | $818m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |