Gold Royalty Corp. reported record 2025 full-year revenue of $15.6 million, $17.8 million in Total Revenue, Land Agreement Proceeds and Interest, positive operating cash flow of $6.2 million, and Adjusted EBITDA of $9.8 million for 5,173 GEOs. The company exited 2025 with over $12 million cash, no debt, and guided 7,500-9,300 Total GEOs for 2026 representing over 60% midpoint growth.