Metalla Royalty & Streaming (MTA) investor relations material

Executive summary

• Achieved record quarterly revenue of $5.2 million and Adjusted EBITDA of $3.9 million for Q2 2026, reflecting 94% and 159% year-over-year growth, respectively.

• Net income reached $1.2 million, reversing a net loss of $1.7 million in Q2 2025; EPS was $0.01.

• Growth driven by increased contributions from producing assets and first cash flows from the Amalgamated Kirkland royalty.

• IAMGOLD's updated 20.3 Moz Measured and Indicated Mineral Resource at Côté and Gosselin highlights long-term value.

Financial highlights

• Revenue from royalty and stream interests rose to $5.2 million, up from $2.7 million in Q2 2025.

• Adjusted EBITDA increased to $3.9 million from $1.5 million year-over-year.

• Net income of $1.2 million compared to a net loss of $1.7 million in the prior year.

• Attributable GEOs for Q2 2026 were 1,173 at an average realized price of $4,504 per GEO.

• Operating cash margin per attributable GEO was $4,499.

Outlook and guidance

• Expect to receive or accrue payments on 3,500 to 4,500 attributable GEOs in 2026, weighted toward the second half of the year.

• Guidance reflects current operating assumptions, ramp-up of key assets, and potential new cash flow sources.