Tearsheet

Royalty Management (RMCO)


Market Price (12/4/2025): $2.2 | Market Cap: $32.8 Mil
Sector: Financials | Industry: Asset Management & Custody Banks

Royalty Management (RMCO)


Market Price (12/4/2025): $2.2
Market Cap: $32.8 Mil
Sector: Financials
Industry: Asset Management & Custody Banks

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 292%
Weak multi-year price returns
2Y Excs Rtn is -98%, 3Y Excs Rtn is -150%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -13%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%
  Stock price has recently run up significantly
6M Rtn6 month market price return is 113%, 12M Rtn12 month market price return is 133%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -61%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5%
3 Attractive yield
FCF Yield is 6.1%
  
4 Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets. Themes include Royalty Investment.
  
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 292%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -61%
3 Attractive yield
FCF Yield is 6.1%
4 Megatrend and thematic drivers
Megatrends include Digital & Alternative Assets. Themes include Royalty Investment.
5 Weak multi-year price returns
2Y Excs Rtn is -98%, 3Y Excs Rtn is -150%
6 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -13%
7 Stock price has recently run up significantly
6M Rtn6 month market price return is 113%, 12M Rtn12 month market price return is 133%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5%

Valuation, Metrics & Events

RMCO Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are key points that likely influenced Royalty Management (RMCO) stock movement between August 31, 2025, and December 4, 2025: 1. Strong Third Quarter 2025 Financial Results. Royalty Management Holding Corporation reported "continuing record third quarterly results for the period ended September 30, 2025." The company's total revenue for the nine months of 2025 reached $3,679,165, marking a 442% increase compared to the same period in 2024. For the three months ended September 30, 2025, total revenue was $1.3 million, significantly up from $146,000 in the prior year.

2. Strategic Investment in Blockchain Traceability Firm, SAGINT Inc. On December 3, 2025, Royalty Management Holding Corporation announced plans to invest in SAGINT Inc., a blockchain technology company specializing in commodity traceability, with an initial focus on critical and rare earth minerals. This announcement led to a 3.6% rise in RMCO's stock on that day, signaling investor confidence in the company's expansion into advanced technology sectors.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
RMCO Return---0%-83%-41%122%-78%
Peers Return18%14%-11%8%1%1%33%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
RMCO Win Rate-71%50%50%42%70% 
Peers Win Rate50%40%28%45%38%36% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
RMCO Max Drawdown---5%-84%-55%-5% 
Peers Max Drawdown-31%-10%-25%-9%-9%-13% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: VRTS, SLRC, DHIL, GEG, FGNX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventRMCOS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-85.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven603.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to VRTS, SLRC, DHIL, GEG, FGNX


In The Past

Royalty Management's stock fell -85.8% during the 2022 Inflation Shock from a high on 10/10/2023. A -85.8% loss requires a 603.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Royalty Management (RMCO)

Better Bets than Royalty Management (RMCO)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to RMCO. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Royalty Management

Peers to compare with:

Financials

RMCOVRTSSLRCDHILGEGFGNXMedian
NameRoyalty .Virtus I.SLR Inve.Diamond .Great ElmFG Nexus  
Mkt Price2.25163.1616.02116.902.603.179.59
Mkt Cap0.01.10.90.30.1-0.3
Rev LTM3874100152161258
Op Inc LTM-0179-44-8-22
FCF LTM170104-35-9-4-1
FCF 3Y Avg-12513816-10-616
CFO LTM177104-32-9-4-1
CFO 3Y Avg-13213817-9-617

Growth & Margins

RMCOVRTSSLRCDHILGEGFGNXMedian
NameRoyalty .Virtus I.SLR Inve.Diamond .Great ElmFG Nexus  
Rev Chg LTM292.5%-1.2%-6.2%2.9%-8.5%-41.5%-3.7%
Rev Chg 3Y Avg--2.4%159.6%-2.1%13.5%80.0%13.5%
Rev Chg Q422.1%-4.8%8.2%-2.0%-37.1%73.2%3.1%
QoQ Delta Rev Chg LTM68.4%-1.2%2.1%-0.6%-16.9%47.7%0.7%
Op Mgn LTM-13.1%20.5%-28.8%-49.1%-3.7%
Op Mgn 3Y Avg-18.9%-26.5%-74.1%-18.9%
QoQ Delta Op Mgn LTM14.5%-0.1%--0.2%-6.5%--0.2%
CFO/Rev LTM47.8%8.9%104.5%-21.2%-55.2%-33.1%-6.2%
CFO/Rev 3Y Avg-15.6%142.9%11.7%-56.6%-34.5%11.7%
FCF/Rev LTM44.5%8.0%104.5%-23.1%-55.2%-33.5%-7.6%
FCF/Rev 3Y Avg-14.7%142.9%11.0%-66.7%-35.0%11.0%

Valuation

RMCOVRTSSLRCDHILGEGFGNXMedian
NameRoyalty .Virtus I.SLR Inve.Diamond .Great ElmFG Nexus  
Mkt Cap0.01.10.90.30.1-0.3
P/S7.31.58.32.53.4-3.4
P/EBIT-94.93.6-8.72.8-3.2
P/E-76.79.49.38.14.3-8.1
P/CFO15.316.68.0-11.8-6.1-8.0
Total Yield-1.3%15.6%21.5%16.6%23.4%-16.6%
Dividend Yield0.0%5.0%10.7%4.3%0.0%-4.3%
FCF Yield 3Y Avg-8.7%16.7%2.9%-17.7%-5.8%
D/E0.02.01.40.01.1-1.1
Net D/E0.01.60.9-0.1-0.9-0.0

Returns

RMCOVRTSSLRCDHILGEGFGNXMedian
NameRoyalty .Virtus I.SLR Inve.Diamond .Great ElmFG Nexus  
1M Rtn-36.8%1.8%4.2%-5.3%4.4%-12.2%-1.8%
3M Rtn2.9%-14.1%-0.8%-14.0%-15.9%-72.2%-14.1%
6M Rtn112.9%-1.2%0.7%-10.1%20.6%-0.7%
12M Rtn132.7%-30.3%5.6%-24.3%43.6%-5.6%
3Y Rtn-77.4%-7.0%43.3%-24.8%31.3%--7.0%
1M Excs Rtn-36.8%1.8%4.2%-5.3%4.5%-12.2%-1.7%
3M Excs Rtn6.2%-21.2%-6.9%-21.0%-18.7%-74.5%-19.8%
6M Excs Rtn98.2%-15.9%-14.1%-24.8%5.9%--14.1%
12M Excs Rtn105.6%-44.0%-8.0%-37.4%29.3%--8.0%
3Y Excs Rtn-150.2%-75.8%-22.7%-96.4%-43.4%--75.8%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity21,858
Short Interest: % Change Since 10312025-38.2%
Average Daily Volume44,313
Days-to-Cover Short Interest1
Basic Shares Quantity14,917,944
Short % of Basic Shares0.1%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025811202510-Q 6/30/2025
3312025514202510-Q 3/31/2025
12312024331202510-K 12/31/2024
93020241115202410-Q 9/30/2024
6302024815202410-Q 6/30/2024
3312024524202410-Q 3/31/2024
12312023416202410-K 12/31/2023
93020231120202310-Q 9/30/2023
63020231204202410-Q/A 6/30/2023
33120231204202410-Q/A 3/31/2023
123120225052023S-4/A 12/31/2022

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Sauve Thomas M.Chief Executive Officer1032025Buy1.047,5007,8351,258,558Form
1Sauve Thomas M.Chief Executive Officer12032024Buy0.997,5007,3981,180,926Form