Royalty Management Holding (RMCO)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	309.49 k	309.49 k	309.49 k	309.49 k	309.49 k	309.49 k
Cash burn (monthly)	7.57 k	5.23 k	7.52 k	25.54 k	70.38 k	(no burn)
Cash used (since last report)	27.38 k	18.93 k	27.19 k	92.39 k	254.62 k	n/a
Cash remaining	282.11 k	290.56 k	282.30 k	217.10 k	54.87 k	n/a
Runway (months of cash)	37.3	55.5	37.6	8.5	0.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

RMCO institutional ownership history Ownership history

49.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	31	27	+14.8%
Opened positions	7	20	-65.0%
Closed positions	3	10	-70.0%
Increased positions	3	0	NEW
Reduced positions	4	1	+300.0%

13F shares	Current	Prev Q	Change
Total value	324.85 mm	131.28 mm	+147.4%
Total shares	7.37 mm	7.28 mm	+1.2%
Total puts	0.00	0.00
Total calls	12.50 k	12.50 k	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Liberty Hill Capital Management	1.42 mm	$0.00	0.0%
First Frontier Capital	1.17 mm	$0.00	0.0%
White River	1.10 mm	$0.00	0.0%
Midwest General Investment	995.95 k	$0.00	0.0%
White River Ventures	855.20 k	$0.00	0.0%
Heights Capital Management	357.25 k	$6.72 mm	-0.6%
Polar Asset Management Partners	344.87 k	$6.48 mm	0.0%
Ubs Oconnor	221.69 k	$5.79 mm	0.0%
Oasis Management	100.00 k	$99.80 mm	0.0%
Yakira Capital Management	94.81 k	$1.78 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Geode Capital Management	86.08 k	+86.08 k	NEW
Walleye Capital	0.00	-73.44 k	EXIT
SkyView Investment Advisors	0.00	-49.95 k	EXIT
BAC Bank of America	49.94 k	+49.24 k	+7024.0%
Walleye Trading	82.75 k	+36.81 k	+80.1%
RILY B. Riley Financial	20.00 k	+20.00 k	NEW
Virtu Financial	15.74 k	+15.74 k	NEW
STT State Street	13.09 k	+13.09 k	NEW
Harraden Circle Investments	0.00	-10.00 k	EXIT
CNH Partners	41.32 k	-8.30 k	-16.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

RMCO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jan 25	Sauve Thomas M.	Common Stock	Buy	Acquire P	Yes	Yes	1.0447	7,500	7.84 k	1,204,708
2 Dec 24	Sauve Thomas M.	Common Stock	Buy	Acquire P	Yes	Yes	0.9864	7,500	7.40 k	1,197,208
1 Nov 24	Sauve Thomas M.	Common Stock	Buy	Acquire P	Yes	Yes	1.0948	7,500	8.21 k	1,189,708
1 Oct 24	Sauve Thomas M.	Common Stock	Buy	Acquire P	Yes	Yes	0.9639	7,500	7.23 k	1,182,208
3 Sep 24	Sauve Thomas M.	Common Stock	Buy	Acquire P	Yes	Yes	0.9012	7,500	6.76 k	1,174,708

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.