VOXR
Vox Royalty Corp.
VOXR's fundamentals are strong: revenue more than tripled and its operating margin rose 50 points to 51%, though free cash flow was negative. Its PE of 6.8x looks cheaper than it really is, because one-off gains boosted its recent earnings. Analysts expect earnings growth, though they disagree widely on how much.
VOXR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Weak | |
| Strong |
VOXR's revenue, profitability and balance sheet are currently strong, but its cash flow is weak.
VOXR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.8x | $4.74 | — |
| Cheap | 11x | $7.72 | +63% |
| Forward | 30x | $4.74 | — |
| Fair | 59x | $40.39 | +752% |
| Expensive | 414x | $286 | +5928% |
Historical ranges are pointers, not guarantees.
VOXR's PE is in its cheap range at 6.8x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
VOXR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for VOXR, with profitability improving. However, they disagree widely on these estimates.
VOXR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.16 | -77% |
| Q2 2026 | $0.69 | +$0.73 |
| Q1 2026 | $0.45 | +$0.48 |
| Q4 2025 | $0.10 | +$0.13 |
| Q3 2025 | -$0.03 | -$0.01 |
| Q2 2025 | -$0.04 | -$0.04 |
| Q1 2025 | -$0.03 | -400% |
| Q4 2024 | -$0.03 | -$0.03 |
| Q3 2024 | -$0.02 | -$0.02 |
VOXR has returned to profit: it earned $0.69 per share over the past year, after losing money the year before. Its recent earnings include one-off gains.
VOXR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.2M | +123% |
| Q1 2026 | $16M | +498% |
| Q4 2025 | $7.4M | +154% |
| Q3 2025 | $3.8M | +57% |
| Q2 2025 | $2.8M | -2.6% |
| Q1 2025 | $2.7M | -6.6% |
| Q4 2024 | $2.9M | -3.3% |
| Q3 2024 | $2.4M | -31% |
VOXR's revenue has grown year over year for four quarters in a row: $6M last quarter, up 123% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 124% | +130 points |
| Q1 2026 | 44% | +41 points |
| Q4 2025 | 22% | +22 points |
| Q3 2025 | 22% | +10 points |
| Q2 2025 | -6.4% | -14 points |
| Q1 2025 | 3.9% | -17 points |
| Q4 2024 | -0.1% | +20 points |
| Q3 2024 | 11% | -43 points |
VOXR's operating margin was 124% last quarter, up 130 points from the same quarter a year ago, near the top of its range since 2020.
VOXR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $4.6M | +$14.7M |
| Q1 2026 | $14.8M | +1322% |
| Q4 2025 | -$53.2M | -$52.8M |
| Q3 2025 | -$886.3K | -142% |
| Q2 2025 | -$10M | -600% |
| Q1 2025 | $1M | -12% |
| Q4 2024 | -$397.3K | -130% |
| Q3 2024 | $2.1M | +$5.2M |
VOXR's free cash flow was −$35M over the past year, against −$7M the year before.
VOXR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -19.2K shares |
| 1 year | +41% | +20.6M shares |
| 3 years | +56% | +25.7M shares |
| 5 years | +81% | +31.9M shares |
| Available history | +122% | +39.3M shares |
VOXR has 71M diluted shares, up 41% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
VOXR hasn't bought back shares in the past year.
VOXR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 0.4x | Very low |
| Q1 2025 | -2.2x | Net Cash |
| Q4 2024 | -2.0x | Net Cash |
| Q3 2024 | -2.1x | Net Cash |
VOXR has more cash than debt.
VOXR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.4 | Neutral |
| Stochastic | 25.3 | Neutral |
VOXR's weekly RSI is 44 (neutral) and its Stochastic is 25 (neutral).
VOXR PE vs Basic Materials Sector
| Metric | VOXR | Sector median | Relative |
|---|---|---|---|
| PE | 6.8x | 19x | 63% below |
| PE % | 2 | 40 | 38 pts below |
VOXR is trading at 6.8x earnings, a 63% discount to the Basic Materials sector's median of 19x, though its recent earnings include one-off gains.
VOXR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.96 | 4.4% below |
| 20 week MA | $5.04 | 6% below |
| 50 week MA | $5.25 | 9.7% below |
| 100 week MA | $4.25 | 12% above |
| 200 week MA | $3.32 | 43% above |
VOXR has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 43% above its 200-week average.
VOXR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.09 | $2.15 | +2.9% |
| 2021 | $2.15 | $2.80 | +30% |
| 2022 | $2.80 | $2.41 | -14% |
| 2023 | $2.41 | $2.06 | -15% |
| 2024 | $2.06 | $2.35 | +14% |
| 2025 | $2.35 | $5.09 | +117% |
| 2026 YTD | $5.09 | $4.74 | -6.9% |
VOXR has finished higher in four of the last six years. It's down 6.9% so far in 2026.