Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF, BF: QS0) has reported its financial results for the quarter ended September 30, 2026, revealing a record quarterly net income of $379,110 ($0.07 per basic share). This marks the company’s second consecutive profitable quarter, a significant turnaround from the net loss of $468,172 in the same period last year. The results, filed on SEDAR+ (http://www.sedarplus.ca/) and announced via NEWMEDIAWIRE, underscore the company’s ability to generate consistent earnings from its silver royalty portfolio.
The quarter was highlighted by strong year-over-year revenue growth, with royalty revenue reaching $1,609,779, a 541% increase from $251,212 in Q3 2025. However, revenue was 14% lower than the $1,867,056 generated in Q2 2026, which the company attributed to a decrease in the average silver price during the quarter. Attributable silver deliveries totaled 18,063 ounces, up 288% from 4,651 ounces in the prior-year quarter and unchanged from Q2 2026. The company’s ability to nearly triple deliveries while maintaining stable production volumes demonstrates the scalability of its royalty model.
Silver Crown’s balance sheet strengthened considerably, with cash and term deposits of $7,720,517 and working capital of $15,485,929 as of September 30, 2026. The company received $13,837,779 from the exercise of warrants in the first nine months of 2026, providing ample liquidity for future acquisitions. This financial flexibility is crucial as Silver Crown continues to expand its portfolio of silver royalties, which currently includes eight royalties across six projects.
A key strategic move during the quarter was the expansion of its Madre Sierra royalty position. Effective September 15, 2026, Silver Crown completed the acquisition of a third existing privately held 1% net smelter return royalty on Titiminas Silver Inc.’s Madre Sierra deposit in Jauja, Peru. This adds to the two 1% royalties acquired effective June 30, 2026. The consideration for the third royalty included US$2,000,000 in cash paid at closing, US$1,000,000 paid through the issuance of 38,401 units (each comprising one common share and one-half of one warrant exercisable at 150% of the issue price for 24 months), and up to US$1,000,000 in additional units payable once the first royalty payment is received after at least 30 days of continuous production at a rate of at least 70 tonnes per day. This acquisition not only increases Silver Crown’s exposure to a promising silver deposit but also aligns with its strategy of minimizing the economic burden on mining projects while maximizing shareholder returns.
For a detailed breakdown of the quarterly results, the company has provided a SUMMARY OF QUARTERLY RESULTS: click here and a SILVER OUNCES AND REVENUE GROWTH PROFILE, SINCE INCEPTION: click here. Complete details are available in the unaudited interim condensed consolidated financial statements and management’s discussion and analysis for the three and nine months ended September 30, 2026, accessible on SEDAR+ or on the company’s website at silvercrownroyalties.com.
The implications of these results are significant for investors seeking exposure to precious metals. Silver Crown’s royalty model provides a natural hedge against currency devaluation and mitigates the adverse effects of production-related cost inflation, as the company is not directly responsible for mining costs. With a strengthened balance sheet, record earnings, and an expanding royalty portfolio, Silver Crown is well-positioned to continue generating free cash flow and delivering value to shareholders. The second consecutive profitable quarter and the strategic acquisition in Peru signal a maturing business model that could attract further interest from the investment community.
