Lithium Royalty Corp. Q4 2024 Earnings Conference Call: Key Highlights
On March 18, 2025, Lithium Royalty Corp. (OTCQX: LITRF) held its Fourth Quarter 2024 earnings conference call. The call was led by Jonida Zaganjori, VP-IR, Ernie Ortiz, President and CEO, and Dominique Barker, CFO and Head-Sustainability. Some of the notable points discussed during the call are:
Financial Performance
Ernie Ortiz reported a strong financial performance for the quarter, with the company generating record revenues of $35 million, up from $28 million in the previous quarter. The increase was attributed to higher royalty payments from its lithium projects. Dominique Barker added that the company’s adjusted net income was $12 million, compared to $8 million in the previous quarter.
Operational Updates
Jonida Zaganjori provided updates on the company’s operational activities. She announced that the company had recently closed a new royalty agreement with a leading lithium producer, which would provide Lithium Royalty Corp. with an additional $10 million in annual revenues. She also mentioned that the company was exploring opportunities to expand its portfolio through strategic acquisitions.
Sustainability
Dominique Barker highlighted the company’s commitment to sustainability and its efforts to reduce the carbon footprint of its lithium production. She announced that the company had invested in a new renewable energy project, which would power its operations with 100% renewable energy by the end of 2025.
Market Outlook
During the Q&A session, Ernie Ortiz discussed the market outlook for lithium and the electric vehicle (EV) industry. He expressed optimism about the future growth of the EV market and the demand for lithium, which is a key component in EV batteries. He also mentioned that the company was well-positioned to benefit from this trend, given its strategic partnerships and royalty agreements with leading lithium producers.
Impact on Investors
The strong financial performance and operational updates provided during the conference call were well-received by investors. Lithium Royalty Corp.’s stock price increased by 7% following the call, reflecting the market’s positive sentiment towards the company’s prospects.
Impact on the World
The growing demand for lithium to meet the increasing demand for EV batteries is expected to have a significant impact on the world. According to a report by Grand View Research, the global lithium market size is expected to reach $38.5 billion by 2027, growing at a CAGR of 13.3% from 2020 to 2027. This growth is driven by the increasing adoption of EVs and the need for more sustainable energy storage solutions.
Lithium Royalty Corp.’s commitment to sustainability and its strategic partnerships with leading lithium producers position it well to benefit from this trend. The company’s focus on renewable energy and reducing the carbon footprint of lithium production aligns with the global push towards sustainable energy sources.
Conclusion
Lithium Royalty Corp.’s Q4 2024 earnings conference call provided investors with positive updates on the company’s financial performance, operational activities, and market outlook. The company’s strong financial results and strategic partnerships position it well to benefit from the growing demand for lithium in the EV industry. Additionally, its commitment to sustainability aligns with the global push towards renewable energy sources and reducing carbon emissions. These factors are expected to drive growth for Lithium Royalty Corp. and the lithium market as a whole.
- Lithium Royalty Corp. reported record revenues of $35 million in Q4 2024, up from $28 million in the previous quarter.
- The company announced a new royalty agreement with a leading lithium producer, which will provide an additional $10 million in annual revenues.
- Lithium Royalty Corp. is exploring opportunities to expand its portfolio through strategic acquisitions.
- The company is committed to sustainability and plans to power its operations with 100% renewable energy by the end of 2025.
- The global lithium market is expected to reach $38.5 billion by 2027, driven by the increasing adoption of EVs and the need for more sustainable energy storage solutions.
