Royalty Management Holding Corp
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 11, 2025
RMCO$2.19+3.8%Stored close · as of Nov 6, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-05-14.
0001477932-25-003701
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-11.
0001477932-25-005624
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 17 previous paragraphs and 19 current paragraphs.
11 unchanged; 4 reworded; 4 added; 2 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (4)
Current report
Our total operating revenues for the three and six months ended June 30, 2025, were $1,327,182 and $2,250,405, respectively, and $254,223 and $416,323, respectively for the three and six months ended June 30, 2024. Our revenues are derived from income received from our various investments and the majority of the increase in revenue over the period was primarily due to additional business obtained through the Company’s wholly owned subsidiary, RMC Environmental Services LLC, which signed a new contractor services agreement with a new customer.
Current report
Our total operating expenses for the three and six months ended June 30, 2025, were $273,335 and $642,554, respectively and $375,742 and $521,352, respectively for the three and six months ended June 30, 2024.There was a decrease to total operating expenses during the three months ended June 30, 2025 due to a decrease in professional fees. There was an increase in total operating expenses for the six months ended June 30, 2025 due to an increase in general and administrative expenses.
Current report
Dividends
Current report
We paid dividends totaling $37,410 ($0.0025 per share) for the Company’s second quarter 2025 dividend payment (for the three months ended June 30, 2025). On January 30, 2025, our Board of Directors authorized the Company to pay a $0.01 per share dividend for the next four calendar quarters starting on June 30, 2025 and ending on June 30, 2026, and may continue to authorize additional dividend payments thereafter.
Removed paragraphs (2)
Previous report
Our total operating revenues for the three months ended March 31, 2025 and 2024, were $923,223 and $162,100, respectively. The increase was primarily due to a new contractor services agreement signed by RMC Environmental Services with a new customer for environmental services personnel.
Previous report
Total operating expenses for the three months ended March 31, 2025 and 2024, were $364,533 and $145,609, respectively. The increase was due to an increase in general and administrative expenses and professional fees. The increase to both is due to timing of audit and public company expenses.
Reworded paragraphs (4)
Previous wording
Our total cost of revenues for the three months ended March 31, 2025 and 2024, were $669,900 and $2,693, respectively. The increase is due to the contract with RMC Environmental services mentioned above.
Current wording
Our total cost of revenues for the three and six months ended June 30, 2025, were $1,101,994 and $1,767,209, respectively and $13,380 and $16,072, respectively for the three and six months ended June 30, 2024. The primary driver in this increase is the result of the new business contract with RMC Environmental services mentioned above.
Previous wording
Total other income and expenses for the three months ended March 31, 2025 and 2024, $52,455 and $139,958 of other income, respectively. The primary reasons for the decrease were due to a smaller gain on warrant fair value adjustment.
Current wording
Total other expenses and income for the three months ended June 30, 2025 and 2024, were other expenses of $1,381 and other income of $17,138, respectively. Total other income for the six months ended June 30, 2025 and 2024, were $51,075 and $157,097, respectively. The primary reasons for the decrease were due to losses on warrant fair value adjustment.
Previous wording
Total net income (loss) for the three months ended March 31, 2025 and 2024, $58,755 of net loss and $153,756 of net income, respectively.
Current wording
Total net loss for the three and six months ended June 30, 2025, were $49,528 and $108,283, respectively. Total net (loss) income for the three and six months ended June 30, 2024, were $117,760 of net loss and $35,996 of net income, respectively.
Previous wording
The Company’s primary use of positive cash flow has been to fund corporate holding and public company costs. As of March 31, 2025, the Company had retained earnings of $1,172,833. The Company has limited financial resources. As of March 31, 2025, the Company has positive working capital of $126,669, a cash balance of $132,539 and positive total cash flow of $18,401. Management believes that the Company has sufficient liquidity to meet its obligations through the twelve months. In order to execute on its investment and growth plans, the Company will likely be required to raise additional proceeds, through the issuance of equity or debt securities. See Note 9 to the Company’s consolidated financial statements for more information on its Debt Facilities.
Current wording
The Company’s primary use of positive cash flow has been to provide capital for new investments, increase investment into existing holdings of the Company, repurchase Company stock under the existing share repurchase program, pay our quarterly dividend of $0.025 per share, and fund corporate holding and public company costs. As of June 30, 2025, the Company had retained earnings of $1,123,305. While the Company may have limited financial resources, management believes it has sufficient liquidity to accomplish its primary uses of capital from cash flow. As of June 30, 2025, the Company has a cash balance of $146,728 and positive total cash flow of $32,589 for the six months ended June 30, 2025. In order to execute on its investment and growth plans, the Company will likely be required to raise additional proceeds, through the issuance of equity or debt securities. See Note 9 to the Company’s consolidated financial statements for more information on its Debt Facilities.