Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF, BF: QS0) announced its first quarter financial results on May 13, 2026, reporting record quarterly revenue of $665,854 for the three months ended March 31, 2026. This represents a 119% increase compared to $304,408 in the same period last year, highlighting the company's growth trajectory.
The company attributed the revenue surge to its strategic initiatives, including two private placements closed in early 2026. A notable investment came from prominent mining investor Michael Gentile, who was appointed as Strategic Advisor to bolster the company's royalty sourcing and capital markets expertise. The company's total loss for the quarter improved to $654,071, compared to a loss of $353,235 in Q1 2025 and a loss of $2,913,156 in Q4 2025.
Peter Bures, SCRi’s Chief Executive Officer, commented, “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 profiles improve and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project.
As of March 31, 2026, Silver Crown held over C$15 million in cash and silver bullion in treasury, with an additional C$20 million in in-the-money warrants. The company's business model focuses on acquiring silver royalties, providing investors with exposure to precious metals while mitigating production cost inflation. Silver Crown currently holds five silver royalties.
The complete financial statements and management discussion and analysis for the quarter are available on SEDAR+ and the company's website at SilverCrownRoyalties.com.
The record revenue marks a significant milestone for the company, which has been focusing on building a portfolio of silver royalties with minimal operational risk. The addition of Michael Gentile as a strategic advisor is expected to enhance the company's ability to source new royalties and strengthen its capital markets presence. With a strong cash position and anticipated positive cash flow, Silver Crown appears well-positioned to capitalize on growing demand for precious metals as a hedge against currency devaluation and inflation.
