Royalty Management Holding Corporation Class A Common Stock (RMCO)

FairStock Score: 36/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style investor: show me durable earning power, a conservative balance sheet, and a price that offers a margin of safety. Royalty Management is a 2021-founded royalty buyer across natural resources, real estate, patents, intellectual property, and emerging technologies. The record is short and mostly unprofitable. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.8M and net income was $375,220, or diluted EPS of $0.02. But fiscal Q1 2026, the quarter ended 2026-03-31, produced revenue of $1.6M and a net loss of $652,358, or diluted EPS of -$0.04. For fiscal year 2025, the period ended 2025-12-31, revenue was $4.9M and net loss was $726,890, or diluted EPS of -$0.05. In fiscal year 2024, the period ended 2024-12-31, revenue was $807,089 and net loss was $114,261, or diluted EPS of -$0.01. In fiscal year 2023, the period ended 2023-12-31, revenue was $488,520 and net loss was $1.1M, or diluted EPS of -$0.08. So revenue is growing but profits are erratic, and FairStock's Lynch category is none because the company lost money in each of the last four years. The balance sheet shows low debt, with D/E 0.03, and FairStock calculates an Altman Z-Score of 7.93 and a Piotroski F-Score of 5/9. Yet trailing free cash flow is -$417,079, FCF yield is -1.1%, ROE is -6.43%, and ROCE is -1.16%. At the close on 2026-10-13, the price was $2.47; FairStock calculations from that close include market cap $37.5M, P/E -41.17, P/B 3.38, and a FairStock Score of 36/100. A single profitable quarter is encouraging, but it does not yet prove a moat or consistent cash generation. I would need to see repeatable profits and positive free cash flow before paying a premium to book value.

In plain English: Royalty Management Holding buys rights to collect payments from assets such as mining permits, real estate, patents and new technology. The business is very small and has lost money in each of the last four years, though its most recent reported quarter showed a small profit. At $2.47 a share, the price looks expensive compared with its accounting value and current losses.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K/A (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer