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SCRi Reports Seventh Consecutive Quarter of Robust Revenue Growth

Burstable News - Business and Technology News March 26, 2025
By Burstable News Staff
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SCRi Reports Seventh Consecutive Quarter of Robust Revenue Growth

Summary

Silver Crown Royalties Inc. has achieved seven consecutive quarters of revenue expansion, with a 366% annual revenue increase, highlighting significant growth in its silver royalty business model.

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Silver Crown Royalties Inc. (SCRi) reported a seventh consecutive quarter of substantial revenue growth, with fourth-quarter revenue reaching $234,702, representing a 43% quarter-over-quarter and 343% year-over-year increase.

The company's financial performance demonstrates considerable momentum in its silver royalty strategy. Annual revenue climbed to $581,337 in 2024, up from $124,772 in 2023 – a remarkable 366% increase. This growth is primarily attributed to the expansion of attributable silver ounces, which increased from 1,837 in the fourth quarter of 2023 to 5,500 in the same period of 2024.

CEO Peter Bures emphasized the significance of this achievement, noting that the consistent growth reflects the company's strategic execution and team dedication. The royalty business model provides investors with precious metals exposure while potentially mitigating risks associated with direct mining operations.

Despite the positive financial trajectory, the company acknowledged that the Minimum Payment for the fourth quarter of 2024 on its PGDM Complex royalty remains outstanding. Looking forward, SCRi anticipates continued growth, with expectations of another record silver payment and revenue quarter in the first quarter of 2025.

The company's performance underscores the potential resilience of alternative investment strategies in the precious metals sector, offering investors a potentially unique approach to navigating market volatility.

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