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Royalty Management Holding Corp

CIK: 18436562 Annual ReportsLatest: 2025-04-15

10-K / April 15, 2025

Revenue:$807,089
Income:-$114,261

10-K / April 16, 2024

Revenue:$361,624
Income:-$2,067,223

10-K / April 15, 2025

Company Summary: Royalty Management Holding Corporation (RMCO)

Overview

  • Business Model:
    RMCO specializes in acquiring and developing high-value assets, primarily in natural resources, patents, intellectual property, and emerging technologies, to generate near- and medium-term cash flows. The strategy involves monetizing existing cash flow streams while identifying transitional cash flows for future growth.

  • Recent Corporate Actions:

    • Originally a Delaware-incorporated blank check company formed on January 20, 2021.
    • On October 31, 2023, completed a merger with Royalty Management Corporation ("RMC"), making RMC a wholly owned subsidiary.
    • Changed state of incorporation from Delaware to Florida on March 20, 2025.

Operations and Asset Focus

  • Asset Types:

    • Natural resources (e.g., mining permits, coal, mineral assets).
    • Patents and intellectual property rights.
    • Emerging technologies, such as PGM (platinum group metals) purification technology and environmental innovations.
  • Revenue Sources:

    • Environmental services (e.g., management of environmental and waste-related projects).
      • 2024 revenue: $686,230 (up from $202,723 in 2023) due to increased volume for its environmental subsidiary.
    • Fee income from service contracts.
      • 2024: $30,859 (down from $198,297 in 2023).
    • Rental income from leased properties.
      • 2024: $90,000 (slightly above $87,500 in 2023).
  • Income and Profitability:

    • 2024 net loss: $114,261 (improved from a net loss of $1,113,645 in 2023).
    • 2024 gross profit: $784,390.
    • Operating expenses increased to $1,096,748 in 2024, mainly due to public company listing fees and professional fees.

Financial Data (2024)

  • Total Assets:
    • Approximately $15,040,664 (slight increase from $15,040,123 in 2023).
  • Total Liabilities:
    • $1,414,940 (down significantly from $3,926,243 in 2023).
  • Shareholders’ Equity:
    • $13,625,724 (up from $11,113,880 in 2023).
  • Cash and Cash Equivalents:
    • $114,138 as of December 31, 2024.
  • Revenue (2024):
    • $807,089 (up from $488,520 in 2023).
  • Working Capital:
    • Negative at $236,740, but management believes liquidity will suffice through at least the first quarter of 2026.

Assets and Investments

  • Significant investments in entities such as:
    • FUB Mineral LLC: $612,220 in 2024.
    • Ferrox Holdings Ltd.: $9,623,705.
  • Convertible notes receivable include investments in Heart Water Inc., Ferrox Holdings Ltd., and Advanced Magnetic Lab, totaling $1,430,000.
  • Intangible assets include mining permits, patents, leasing rights, and royalty rights valued at $1,972,899.

Revenue and Asset Details

  • The company's operations are concentrated in:
    • Eastern Kentucky, Indiana, and South Africa.
  • Assets include land leases, mining permits, and proprietary technology, with a focus on mineral rights and environmental assets.

Summary

  • Employees & Customers:
    No specific data provided.
  • Revenue:
    • Total 2024 Revenue: $807,089.
  • Net Income:
    • 2024: Net loss of $114,261.

Note: The company is primarily engaged in managing and monetizing assets in natural resources, technology, and environmental services, with a focus on generating cash flows from these assets through acquisitions, licensing, royalties, and property leasing.