Empress Royalty Quarterly Report - Q3 Financial Result 30 September 2025

• Revenue reached US$10.8M for the nine months ended 30 September 2025, nearly double the same period in 2024
• Operating cash flow was positive at US$5.2M for the nine-month period
• Net income increased to US$3.0M for the nine months ended 30 September 2025, up from US$0.5M in 2024
• Third quarter 2025 revenue totalled US$4.2M with net income of US$1.4M
• Adjusted EBITDA for the nine-month period was US$7.1M

Empress Royalty Corp. (TSXV: EMPR | OTCQX: EMPYF) is a global royalty and streaming company that provides investors access to a diversified portfolio of precious metal investments. The company creates value by providing non-dilutive capital to mining companies with development and production stage projects in exchange for royalty and streaming agreements. Through a strategic partnership with Endeavour Financial, Empress gains access to global investment opportunities while leveraging specialised mining finance expertise and deal structuring capabilities. This business model allows the company to build a portfolio of precious metal investments focused primarily on gold and silver assets.

Record Revenue and Year-Over-Year Growth Performance

Empress Royalty reported nine-month revenue of US$10.8M, nearly double the same period in 2024. The company attributed this growth to increased production from its royalty and streaming portfolio and supportive gold and silver prices during the period. Gross profit for the nine-month period was US$7.4M.

Third quarter revenue was US$4.2M for the three months ended 30 September 2025. The company noted that these results reflect growth from its producing royalty and streaming investments. The financial statements and management's discussion and analysis have been filed on SEDAR+ and are available on the company's website.

CEO Alexandra Woodyer Sherron stated:

"Revenue for the nine-month period was nearly double that of 2024, supported by strong operating cash flow. With increased production from our portfolio and solid gold and silver prices, our performance reflects the effectiveness of our model as we continue advancing through disciplined, strategic investments."

Positive Operating Cash Flow and Net Income Results

Operating cash flow was US$5.2M for the nine-month period. Net income for the nine months ended 30 September 2025 was US$3.0M, compared to US$0.5M in the same period of 2024. The company's adjusted EBITDA for the nine-month period was US$7.1M.

For the third quarter, net income was US$1.4M.

CEO Alexandra Woodyer Sherron commented:

"Our focus has always been on building shareholder value, and these results confirm that we are executing on that commitment."

The company operates under a royalty and streaming model, which involves providing capital to mining companies in exchange for royalty and streaming agreements. Under this structure, Empress receives a portion of production or revenue from mining operations without bearing operational costs or capital expenditure requirements.

Royalty and Streaming Portfolio Performance

The company's revenue for the reporting period came from its portfolio of producing royalty and streaming investments. According to the company, growth was driven by increased production volumes and supportive commodity prices. The royalty and streaming model provides exposure to mining production without direct operational involvement.

Empress maintains a strategic partnership with Endeavour Financial, which provides access to global investment opportunities and mining finance expertise. The company focuses on providing non-dilutive capital to mining companies with development and production stage projects. This approach allows the company to build its portfolio of precious metal investments, with a focus on gold and silver assets.

The company's third quarter revenue of US$4.2M and net income of US$1.4M came from its existing portfolio.

CEO Alexandra Woodyer Sherron stated:

"With increased production from our portfolio and solid gold and silver prices, our performance reflects the effectiveness of our model as we continue advancing through disciplined, strategic investments."

Looking Ahead

Empress Royalty reported revenue of US$10.8M for the nine months ended 30 September 2025, with operating cash flow of US$5.2M and net income of US$3.0M. The company continues to focus on disciplined capital allocation through its royalty and streaming model, partnering with mining companies that require non-dilutive capital. The financial statements and management's discussion and analysis are available on SEDAR+ and the company website.

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