Vox Royalty reports Q4 revenue receipts $2.1M vs. $575,000 last year

Vox Royalty has realized record preliminary revenue receipts of $9.7M for the full 2022 fiscal year compared to $3.6M for the comparable 2021 period. The Company is also pleased to announce that the full year preliminary revenue receipts has exceeded its 2022 revenue guidance of $7.8M to $9.4M originally issued on May 26, 2022. During the three months ended December 31, 2022, the company realized preliminary revenue receipts of $2.1M compared to $575,000 for the comparable period in 2021. Annual and quarterly 2022 revenues were largely driven by royalty revenue associated with the Wonmunna iron ore royalty and Segilola gold royalty assets. These preliminary results should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2022, as and when released. Kyle Floyd, CEO stated: "We are thrilled to announce record preliminary revenues exceeding the upper range of 2022 revenue guidance, in addition to delivering major strategic milestones of a Nasdaq listing and commencing a quarterly dividend for Vox investors. The Vox royalty portfolio continues to outperform management’s high expectations. We look forward to building off this strong momentum into 2023 by delivering growing revenues, sustainable quarterly dividends and significant upside linked to organic operator developments."