Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) reported record quarterly revenue of $665,854 for the three months ended March 31, 2026, a 119% increase compared to $304,408 in the same period last year. The company released its unaudited interim financial statements and management's discussion and analysis on SEDAR+ and its website.
The revenue growth was driven by improved production from royalty partners and the successful closing of two strategic private placements in early 2026, including a significant investment from prominent mining investor Michael Gentile, who was appointed as Strategic Advisor. The company also highlighted a total loss of $654,071 for the quarter, compared to a loss of $353,235 in Q1 2025 and a loss of $2,913,156 in Q4 2025, indicating a narrowing loss trend.
CEO Peter Bures stated, "The first quarter of this year was transformative for our Company as we generated record quarterly revenues and we welcomed Michael Gentile to our Advisory team." He added that the company expects to generate positive cash flow from operations this quarter as royalty partners' production improves and minimum delivery ounce payment obligations begin at PPX Mining's Igor 4 Project.
Silver Crown currently holds over C$15 million in cash and silver bullion, with an additional C$20 million of in-the-money warrants. The company's business model provides exposure to precious metals while mitigating currency devaluation and production cost inflation. For complete details, refer to the financial statements on SEDAR+ or the company's website at silvercrownroyalties.com.
