Diversified Royalty Corp Q1 Revenue Up 11.8%, EPS Hits C$0.04
Diversified Royalty Corp reported Q1 2026 EPS of C$0.04 and revenue of C$17.5 million, up 11.8% from C$15.6 million a year earlier. Adjusted revenue rose to C$18.8 million while net income reached C$7.6 million and the current ratio stood at 2.84.
1. Q1 2026 Financial Highlights
Diversified Royalty Corp generated C$17.5 million in revenue for Q1 2026, up 11.8% from C$15.6 million in Q1 2025. Adjusted revenue climbed to C$18.8 million, net income was C$7.6 million and basic and diluted EPS stood at C$0.04.
2. Liquidity Position
At quarter end, current assets totaled C$54.2 million against C$19.0 million in current liabilities, yielding a current ratio of approximately 2.84 and underscoring solid short-term liquidity.
3. Capital Structure
Outstanding bank loans and convertible debentures amounted to C$297.9 million compared with shareholders’ equity of C$289.6 million, reflecting a debt-to-equity ratio of about 1.03.
4. Portfolio and Growth Drivers
Revenue growth was supported by royalty streams from a diversified portfolio of franchisors and multi-location businesses, including Mr. Lube & Tires, Sutton, Nurse Next Door and Oxford Learning Centres.