Vox Royalty Reports Profit Turnaround and Declares Dividend in Second Quarter
Toronto, Wednesday, 12 August 2026.
Vox Royalty achieved $17.0 million in second-quarter net income—reversing last year’s loss—boosted by a 14-fold return on a recent asset sale, while declaring a new quarterly dividend.
Financial Performance Surges
Vox Royalty Corp. reported a significant turnaround in profitability for the second quarter of 2026, posting net income of $17.0 million compared to a net loss of $0.4 million in the same period of 2025 [1]. This positive shift was largely driven by an $11.0 million revaluation gain on offtake streams acquired in September 2025 [1]. Earnings per share reached $0.25 for the quarter, marking a stark contrast to the previous year’s loss [1]. Total assets grew to $163.0 million as of June 30, 2026, up from $123.4 million in December 2025, representing a substantial increase in the company’s asset base 32.091 [1]. The company also reported record operating cash flows of $19.9 million for the first half of 2026, compared to $2.8 million in the first half of 2025 [1].
Strategic Asset Divestments
A key component of the quarter’s success involved the divestment of capped assets, including the Federation royalty and the i-80 offtake stream [1]. The Federation royalty was sold for A$8 million in June 2026, having been acquired for A$600,000 in February 2026, generating a 14-fold return over a three-month holding period [1]. Additionally, the capped i-80 offtake stream was divested for $4.8 million, having been acquired for $2.7 million in September 2025 [1]. These transactions contributed to a record cash position of $31.1 million on the balance sheet [1]. The termination of the i-80 gold offtake agreement was also noted by i-80 Gold Corp, confirming the settlement aimed at enhancing future gold sales flexibility [2].
Operational Milestones and Outlook
Operational progress included a 20-year land access agreement at the Los Filos gold project and an anticipated 400% life-of-mine production increase at the Bonikro gold mine [1]. Royalty and net precious metal receipts totaled $6.2 million in Q2 2026, comprising $4.6 million in net precious metal income and $1.6 million in royalty revenue [1]. Looking ahead, the Board of Directors declared a quarterly dividend of $0.015 per share, payable on October 14, 2026, to shareholders of record as of September 30, 2026 [1]. The company reiterated its 2026 guidance for royalty and net precious metal receipts in the range of $32 million to $37 million, excluding proceeds from asset divestments [1].