Vox Royalty (TSX:VOXR) - Using Unique Sourcing to Build High-Return Portfolio

Crux Investor
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4.5 هزار بار بازدید - 11 ماه پیش - Interview with Kyle Floyd, CEO
Interview with Kyle Floyd, CEO of Vox Royalty (TSX:VOXR)

Our previous interview: Vox Royalty (VOX) - Revenue & Dividen... and Vox Royalty (VOX) - Increased Revenue...

Recording date: 19th September 2023

Vox Royalty CEO Kyle Floyd provided an update on the royalty company's performance and strategy in an interview at the Denver Gold Forum conference. Vox focuses on acquiring existing third-party royalties rather than originating streaming deals directly with operators.

In 2022, Vox is on track to generate $11-13 million in royalty revenue, up from $9.7 million in 2021. Floyd highlighted a recent royalty acquisition that is already yielding a 15x return on invested capital, demonstrating Vox's ability to source high-return royalties.

Vox leverages extensive databases and boots-on-the-ground deal teams to identify existing royalties globally, often from atypical owners like doctors, family trusts, and telecom companies. Since 2019, Vox has completed more third-party royalty acquisitions than any other company.

This unique sourcing provides durable competitive advantages. Vox can transact outside competitive bidding wars for typical royalty financings, allowing it to consistently find strong returns even amidst an increasingly competitive royalty sector.

Floyd stated the market is undervaluing Vox's existing portfolio and track record. The company will continue its disciplined strategy of deploying capital into overlooked royalty opportunities to compound portfolio returns over time.

With a core focus on maximizing returns on invested capital rather than competing on absolute deal rates, Floyd sees Vox's business model as differentiated. The company offers pure exposure to increasing cash flows from a diversified royalty portfolio assembled at high rates of return.


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11 ماه پیش در تاریخ 1402/06/30 منتشر شده است.
4,510 بـار بازدید شده
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