Royalty Management reports Q1 EPS 1c vs. (38c) last year

Reports Q1 revenue $162,000 vs. $62,292 last year. Thomas Sauve, Chief Executive Officer of the Company, commented, “We are excited to release our first 2024 first quarterly financial results and to share our business update with our investors as we continue a strong start to the 2024 year with a focus on value creation events and opportunistic growth. Post completion of the merger with American Acquisition Opportunity Inc,, we’ve looked to focus on the highest value contributors of the business while also establishing a low-cost, low-overhead business model. Our team is motivated by the equity value of the Company and aligned with our shareholders on maximizing this value, as opposed to being simply “hired guns” with salaries. With that in mind, we couldn’t be more excited how we are positioned to continue to grow the business given our clean balance sheet and strong asset base. We are pleased with our first quarter and the second quarter is tracking growth compared to first quarter in both revenues and cash flow…Looking forward to the remainder of 2024, our belief in, and excitement over, the opportunities we have in front of us continues to reach an all-time high. Our current platform of assets are well positioned to generate attractive cash flow and long-term value for the Company and its shareholders alike. RMC Environmental Services continues to operate efficiently and covers the majority of our overall corporate expenses, let alone our other active and cash-flowing investments and projects we are developing towards that goal resulting in bottom line income. Over the next six months we anticipate additional revenue streams to expand from our portfolio and generate free cash flow which will position us well for an exciting 2025.”