Royalty Management Holding Corporation Provides Business Update with Focus on Opportunistic Growth

Company has established a low overhead business model with focus on selectively deploying capital to high value assets and cash flow generating opportunities
Company has started executing on its previously announced stock buyback as a value creation event and way to invest in undervalued assets

FISHERS, IN / ACCESSWIRE / May 3, 2024 / Royalty Management Holding Corporation (NASDAQ:RMCO) ("Royalty Management" "RMCO", or the "Company"), an innovative royalty company building shareholder value by acquiring and developing high value assets in sustainable market environments, is providing a business update post its completion of the S-4 merger and provide a business update with focus on opportunistic growth and value creation events.

Thomas Sauve, Chief Executive Officer of the Company, commented, "We are excited to share our latest business update with our investors as we continue a strong start to the 2024 year with a focus on value creation events and opportunistic growth. Post completion of the merger with AMAO, we've looked to focus on the highest value contributors of the business while also establishing a low cost, low overhead business model. Our team is motivated by the equity value of the Company and aligned with our shareholders on maximizing this value, as opposed to being simply "hired guns" with salaries. With that in mind, we couldn't be more excited how we are positioned to continue to grow the business given our clean balance sheet and strong asset base."

Some select, key highlights thus far in 2024:

• The company operates under a low-cost, low overhead model to expand its business enabling the Company to utilize cash flow from operations to expand its business or take advantage of accretive opportunities.
• RMC Environmental Services revenues for the month of April 2024 alone has covered 100% of the expenses for the division for the entire year.
• On a cash basis, the Company's monthly corporate expenses (including monthly amortization of yearly public costs) ranges from $41,000 to $65,000, with majority of previous expenses related to the merger and no longer recurring.
• Revenues for the last two months have exceeded cash operational costs.
• Cash flow generated from operations will be used for new investments, stock buybacks and/or dividend depending on share value.
• The Company has no funding obligations or term notes over the next year that require additional capital.
• Over the next six months, it is anticipated that additional revenue streams will be expanding to provide additional free cash flow.
• Over the next year, it is anticipated that at least one of our portfolio companies will have an exit either through sale or IPO.
• As a result of lower cash in trust, and thus resulting in less shares outstanding, the Company is focusing on the highest value, most accretive opportunities it has available, which may result in the current forecasts differing from the previous forecasts identified in the filed Form S-4 statement.

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