VOX ROYALTY CORP.
VOXR · Gold and Silver Ores · EDGAR filings ↗
Grade
B70Small gold/precious-metals royalty company with elite margins and decent asset returns but a sharp earnings decline.
Strengths
- Gross margin ~84% (97th pct), net margin 49% (87th pct), OCF margin 89% (100th pct)
- ROA 4.8% (76th pct) and healthy current/quick ratios (~2.7x)
Risks
- Net income fell sharply YoY (-4.6, 2.6th pct); revenue growth modest (9%, 21st pct)
- Modest ROE (~5.5%, 64th pct) — returns not top-quartile despite high margins
- Small cash balance (~$8M, 27th pct) and new complex PMPA accounting (ICFR enhancements noted)
Key metrics
Gross margin
83.7%
Net margin
48.9%
Return on equity
5.5%
Return on assets
4.8%
Revenue growth (QoQ)
9.0%
Current ratio
2.7×
Tangible book value
$107M
Cash & investments
$8M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-30 | 2025-12-31 | 0001654954-26-002978 ↗ |
| 40-F | 2025-03-26 | 2024-12-31 | 0001654954-25-003357 ↗ |
| 40-F | 2024-03-08 | 2023-12-31 | 0001654954-24-002828 ↗ |
| 40-F | 2023-03-15 | 2022-12-31 | 0001654954-23-002880 ↗ |