40-F Filing

VOX ROYALTY CORP. CIK: 1907909 FY 2022

Filing Information

Form Type	40-F
Accession Number	`0001654954-23-002880`
Period End Date	20221231
Filing Date	20230315
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	voxr_40f_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 42 Cash Flow Statement 66 Stockholders Equity 23

Balance Sheet 47 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalents`	$5.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$4.17M	USD	Point-in-time
Accounts receivable	`CurrentTradeReceivables`	$545.49K	USD	Point-in-time
Accounts receivable	`CurrentTradeReceivables`	$2.00M	USD	Point-in-time
Prepaid expenses	`CurrentPrepaidExpenses`	$595.53K	USD	Point-in-time
Prepaid expenses	`CurrentPrepaidExpenses`	$377.16K	USD	Point-in-time
Investments	`CurrentInvestments`	$2.15M	USD	Point-in-time
Investments	`CurrentInvestments`	-	USD	Point-in-time
Total current assets	`CurrentAssets`	$8.14M	USD	Point-in-time
Total current assets	`CurrentAssets`	$6.77M	USD	Point-in-time
Royalty, stream and other interests	`RoyaltyStreamAndOtherInterestsReceivable`	$32.86M	USD	Point-in-time
Royalty, stream and other interests	`RoyaltyStreamAndOtherInterestsReceivable`	$17.63M	USD	Point-in-time
Intangible assets	`OtherIntangibleAssets`	$1.54M	USD	Point-in-time
Intangible assets	`OtherIntangibleAssets`	$1.36M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$700.00K	USD	Point-in-time
Deferred royalty acquisitions	`DeferredAcquisitionCostsArisingFromInsuranceContracts`	$2.53K	USD	Point-in-time
Deferred royalty acquisitions	`DeferredAcquisitionCostsArisingFromInsuranceContracts`	$118.93K	USD	Point-in-time
Total assets	`Assets`	$41.81M	USD	Point-in-time
Total assets	`Assets`	$27.31M	USD	Point-in-time
Accounts payable and accrued liabilities	`OtherPayables`	$1.13M	USD	Point-in-time
Accounts payable and accrued liabilities	`OtherPayables`	$1.77M	USD	Point-in-time
Dividends payable	`DividendPayables`	$447.58K	USD	Point-in-time
Dividends payable	`DividendPayables`	-	USD	Point-in-time
Income taxes payable	`CurrentTaxLiabilitiesCurrent`	$584.15K	USD	Point-in-time
Income taxes payable	`CurrentTaxLiabilitiesCurrent`	$395.33K	USD	Point-in-time
Other liabilities	`OtherCurrentLiabilities`	$403.61K	USD	Point-in-time
Other liabilities	`OtherCurrentLiabilities`	$176.43K	USD	Point-in-time
Total current liabilities	`CurrentLiabilities`	$1.93M	USD	Point-in-time
Total current liabilities	`CurrentLiabilities`	$2.97M	USD	Point-in-time
Other liabilities	`OtherNoncurrentLiabilities`	$425.28K	USD	Point-in-time
Other liabilities	`OtherNoncurrentLiabilities`	$2.92M	USD	Point-in-time
Deferred taxes payable	`DeferredTaxLiabilities`	$1.74M	USD	Point-in-time
Deferred taxes payable	`DeferredTaxLiabilities`	$2.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.60M	USD	Point-in-time
Share capital	`IssuedCapital`	$43.65M	USD	Point-in-time
Share capital	`IssuedCapital`	$57.02M	USD	Point-in-time
Equity reserves	`CapitalReserve`	$1.16M	USD	Point-in-time
Equity reserves	`CapitalReserve`	$3.30M	USD	Point-in-time
Deficit	`RetainedEarnings`	$24.91M	USD	Point-in-time
Deficit	`RetainedEarnings`	$24.10M	USD	Point-in-time
Total equity	`Equity`	$20.71M	USD	Point-in-time
Total equity	`Equity`	$35.41M	USD	Point-in-time
Total equity	`Equity`	$13.92M	USD	Point-in-time
Total liabilities and equity	`EquityAndLiabilities`	$27.31M	USD	Point-in-time
Total liabilities and equity	`EquityAndLiabilities`	$41.81M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Royalty revenue	`RevenueFromContractsWithCustomers`	$8.19M	USD	Annual
Royalty revenue	`RevenueFromContractsWithCustomers`	$3.65M	USD	Annual
Other revenue	`OtherRevenue`	-	USD	Annual
Other revenue	`OtherRevenue`	$315.08K	USD	Annual
Total revenue	`Revenue`	$3.65M	USD	Annual
Total revenue	`Revenue`	$8.51M	USD	Annual
Depletion	`DepreciationPropertyPlantAndEquipment`	$1.84M	USD	Annual
Depletion	`DepreciationPropertyPlantAndEquipment`	$972.59K	USD	Annual
Gross profit	`GrossProfit`	$2.68M	USD	Annual
Gross profit	`GrossProfit`	$6.66M	USD	Annual
General and administration	`GeneralAndAdministrativeExpense`	$4.44M	USD	Annual
General and administration	`GeneralAndAdministrativeExpense`	$4.85M	USD	Annual
Share-based compensation	`KeyManagementPersonnelCompensationSharebasedPayment`	$1.05M	USD	Annual
Share-based compensation	`KeyManagementPersonnelCompensationSharebasedPayment`	$1.41M	USD	Annual
Project evaluation expenses	`ProjectEvaluationExpenses`	$-139.97K	USD	Annual
Project evaluation expenses	`ProjectEvaluationExpenses`	$-308.75K	USD	Annual
Total operating expenses	`OperatingExpense`	$6.21M	USD	Annual
Total operating expenses	`OperatingExpense`	$5.99M	USD	Annual
Income (loss) from operations	`ProfitLossFromContinuingOperations`	$449.34K	USD	Annual
Income (loss) from operations	`ProfitLossFromContinuingOperations`	$-3.31M	USD	Annual
Realized loss on investments	`RealizedLossOnInvestments`	$-604.57K	USD	Annual
Realized loss on investments	`RealizedLossOnInvestments`	-	USD	Annual
Unrealized loss on investments	`UnrealizedLossOnInvestments`	$-149.00K	USD	Annual
Unrealized loss on investments	`UnrealizedLossOnInvestments`	-	USD	Annual
Gain on royalty, stream and other interests	`GainOnRoyaltyStreamAndOtherInterests`	-	USD	Annual
Gain on royalty, stream and other interests	`GainOnRoyaltyStreamAndOtherInterests`	$-2.03M	USD	Annual
Other income (expenses)	`OtherIncome`	$1.95M	USD	Annual
Other income (expenses)	`OtherIncome`	$520.47K	USD	Annual
Income (loss) before income taxes	`ProfitLossBeforeTax`	$-1.95M	USD	Annual
Income (loss) before income taxes	`ProfitLossBeforeTax`	$1.80M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$1.47M	USD	Annual
Income tax expense	`IncomeTaxExpenseContinuingOperations`	$2.18M	USD	Annual
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$-4.13M	USD	Annual
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$328.18K	USD	Annual
Basic	`WeightedAverageShares`	37.87M	shares	Annual
Basic	`WeightedAverageShares`	42.56M	shares	Annual
Diluted	`AdjustedWeightedAverageShares`	37.87M	shares	Annual
Diluted	`AdjustedWeightedAverageShares`	42.60M	shares	Annual
Basic	`BasicEarningsLossPerShare`	$0.11	USD	Annual
Basic	`BasicEarningsLossPerShare`	$0.01	USD	Annual
Diluted	`DilutedEarningsLossPerShare`	$0.01	USD	Annual
Diluted	`DilutedEarningsLossPerShare`	$-0.11	USD	Annual

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the year	`ProfitLoss`	$-4.13M	USD	Annual
Net income (loss) for the year	`ProfitLoss`	$328.18K	USD	Annual
Fair value change of other liabilities	`AdjustmentsForFairValueGainsLosses`	$517.97K	USD	Annual
Fair value change of other liabilities	`AdjustmentsForFairValueGainsLosses`	$-2.20M	USD	Annual
Deferred tax expense	`AdjustmentsForDeferredTaxExpense`	$1.25M	USD	Annual
Deferred tax expense	`AdjustmentsForDeferredTaxExpense`	$1.74M	USD	Annual
Foreign exchange (loss) gain on cash and cash equivalents	`ForeignExchangeLoss`	$146.93K	USD	Annual
Foreign exchange (loss) gain on cash and cash equivalents	`ForeignExchangeLoss`	$98.19K	USD	Annual
Gain on royalty, stream and other interests	`GainOnRoyaltyStreamAndOtherInterests`	-	USD	Annual
Gain on royalty, stream and other interests	`GainOnRoyaltyStreamAndOtherInterests`	$-2.03M	USD	Annual
Share-based compensation	`AdjustmentsForSharebasedPayments`	$1.41M	USD	Annual
Share-based compensation	`AdjustmentsForSharebasedPayments`	$-1.05M	USD	Annual
Amortization	`AdjustmentsForAmortisationExpense`	$183.54K	USD	Annual
Amortization	`AdjustmentsForAmortisationExpense`	$183.54K	USD	Annual
Depletion	`DepreciationExpense`	$1.84M	USD	Annual
Depletion	`DepreciationExpense`	$972.59K	USD	Annual
Realized loss on investments	`RealizedLossOnInvestmentsAmount`	-	USD	Annual
Realized loss on investments	`RealizedLossOnInvestmentsAmount`	$604.57K	USD	Annual
Unrealized loss on investments	`UnrealizedLossOnInvestmentsAmount`	$149.00K	USD	Annual
Unrealized loss on investments	`UnrealizedLossOnInvestmentsAmount`	-	USD	Annual
Cash Flows From Used In Operating Activities Gross	`CashFlowsFromUsedInOperatingActivitiesGross`	$-1.04M	USD	Annual
Cash Flows From Used In Operating Activities Gross	`CashFlowsFromUsedInOperatingActivitiesGross`	$2.96M	USD	Annual
Accounts receivable	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	$-547.78K	USD	Annual
Accounts receivable	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	$-1.45M	USD	Annual
Prepaid expenses	`AdjustmentsForDecreaseIncreaseInPrepaidExpenses`	$218.37K	USD	Annual
Prepaid expenses	`AdjustmentsForDecreaseIncreaseInPrepaidExpenses`	$62.15K	USD	Annual
Accounts payable and accrued liabilities	`AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables`	$566.65K	USD	Annual
Accounts payable and accrued liabilities	`AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables`	$925.87K	USD	Annual
Income taxes payable	`AdjustmentsForIncomeTaxExpense`	$395.33K	USD	Annual
Income taxes payable	`AdjustmentsForIncomeTaxExpense`	$188.82K	USD	Annual
Net cash flows from operating activities	`CashFlowsFromUsedInOperatingActivities`	$2.05M	USD	Annual
Net cash flows from operating activities	`CashFlowsFromUsedInOperatingActivities`	$768.35K	USD	Annual
Acquisition of royalties	`AcquisitionsThroughBusinessCombinationsOtherProvisions`	$-4.65M	USD	Annual
Acquisition of royalties	`AcquisitionsThroughBusinessCombinationsOtherProvisions`	$-9.37M	USD	Annual
Pre-acquisition royalty revenues	`PreAcquisitionRoyaltyRevenues`	$1.21M	USD	Annual
Pre-acquisition royalty revenues	`PreAcquisitionRoyaltyRevenues`	-	USD	Annual
Restricted cash	`RestrictedCash`	-	USD	Annual
Restricted cash	`RestrictedCash`	$700.00K	USD	Annual
Deferred royalty acquisitions	`ProceedsFromDeferredRoyaltyAcquisitions`	$-46.73K	USD	Annual
Deferred royalty acquisitions	`ProceedsFromDeferredRoyaltyAcquisitions`	$12.69K	USD	Annual
Proceeds from sale of investments	`ProceedsFromSalesOfInvestmentProperty`	$1.55M	USD	Annual
Proceeds from sale of investments	`ProceedsFromSalesOfInvestmentProperty`	-	USD	Annual
Net cash flows used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-2.64M	USD	Annual
Net cash flows used in investing activities	`CashFlowsFromUsedInInvestingActivities`	$-9.35M	USD	Annual
Share issuance	`ProceedsFromIssuingShares`	-	USD	Annual
Share issuance	`ProceedsFromIssuingShares`	$13.35M	USD	Annual
Dividends paid	`DividendsPaid`	$445.94K	USD	Annual
Dividends paid	`DividendsPaid`	-	USD	Annual
Share redemption (normal course issuer bid)	`ShareRedemptionNormalCourseIssuerBid`	$-454.21K	USD	Annual
Share redemption (normal course issuer bid)	`ShareRedemptionNormalCourseIssuerBid`	$-1.78M	USD	Annual
Share issue costs	`PaymentsForShareIssueCosts`	$-27.55K	USD	Annual
Share issue costs	`PaymentsForShareIssueCosts`	$-984.13K	USD	Annual
Exercise of warrants	`ProceedsFromExerciseOfWarrants`	$48.80K	USD	Annual
Exercise of warrants	`ProceedsFromExerciseOfWarrants`	$532.42K	USD	Annual
Net cash flows (used in) from financing activities	`CashFlowsFromUsedInFinancingActivities`	$10.64M	USD	Annual
Net cash flows (used in) from financing activities	`CashFlowsFromUsedInFinancingActivities`	$-395.28K	USD	Annual
(Decrease) increase in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges`	$-988.33K	USD	Annual
(Decrease) increase in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges`	$2.06M	USD	Annual
Impact of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$-98.19K	USD	Annual
Impact of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$146.93K	USD	Annual
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.06M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.17M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.15M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.06M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.17M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.15M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`Equity`	$20.71M	USD	Point-in-time
Balance, amount	`Equity`	$35.41M	USD	Point-in-time
Balance, amount	`Equity`	$13.92M	USD	Point-in-time
Share issuance for cash	`IssueOfEquity`	$11.98M	USD	Annual
Share issue costs	`PaymentsForShareIssueCosts`	$-27.55K	USD	Annual
Share issue costs	`PaymentsForShareIssueCosts`	$-984.13K	USD	Annual
Shares issued for acquisition of royalties	`SharesIssuedForAcquisitionOfRoyalties`	$636.85K	USD	Annual
Shares issued for acquisition of royalties	`SharesIssuedForAcquisitionOfRoyalties`	$13.64M	USD	Annual
Exercise of RSUs	`ExerciseOfRsus`	-	USD	Annual
Exercise of RSUs	`ExerciseOfRsus`	-	USD	Annual
Exercise of warrants	`ExerciseOfWarrants`	$48.80K	USD	Annual
Exercise of warrants	`ExerciseOfWarrants`	$532.42K	USD	Annual
Share redemption (normal course issuer bid)	`ShareRedemptionNormalCourseIssuerBid`	$-454.21K	USD	Annual
Share redemption (normal course issuer bid)	`ShareRedemptionNormalCourseIssuerBid`	$-1.78M	USD	Annual
Transfer of additional paid-in capital on continuance from Cayman Islands to Ontario	`TransferOfAdditionalPaidInCapitalOnContinuanceFromCaymanIslandsToOntario`	-	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.02M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.58M	USD	Annual
Net loss and comprehensive loss	`NetLossAndComprehensiveLossAbstract`	$-4.13M	USD	Annual
Dividends declared	`DividendsReceived`	$-893.52K	USD	Annual
Net income and comprehensive income	`ComprehensiveIncome`	$328.18K	USD	Annual
Balance, amount	`Equity`	$20.71M	USD	Point-in-time
Balance, amount	`Equity`	$35.41M	USD	Point-in-time
Balance, amount	`Equity`	$13.92M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.