Royalty Management Q1 2024 net income $135K vs loss $274K YoY; revenue up 160% to $162K

Royalty Management Holding Corp

2024-Q1 EPS reported $0.01 revenue$162,100

Net income of $135,180 ($0.01 per share) vs net loss of $274,345 (-$0.38) in Q1 2023.
Total revenues $162,100, up 160% YoY from $62,292, driven by environmental services segment.
RMC Environmental Services reached record monthly revenue run rate of ~$1M in March 2024.
Board authorized stock buyback of up to $2M over 24 months; buyback commenced.
Ferrox Holdings Tivani project targeting 50,000 tons production and ~$8M annual revenue in 2025.

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