Canada was Scully Royalty’s largest region in fiscal 2024, bringing in $20.67M of $35.30M (59%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Europe | $5.16M | $5.69M | — | $7.70M | ||||
| Americas | — | — | — | — | ||||
| Asia | $286.00K | $4.95M | $1.43M | $769.00K | ||||
| Revenue | — | — | — | — | ||||
| Canada | $56.61M | $47.54M | $39.07M | $20.67M | ||||
| Africa | $3.97M | $3.97M | — | $4.17M | ||||
| Americas, Excluding Canada | $5.26M | $1.54M | — | $2.00M | ||||
| Total | $71.29M | $63.69M | $40.50M | $35.30M |
Scully Royalty brought in $35.30M from its five regions in fiscal 2024, the year ended December 31, 2024. Scully Royalty regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $40.50M. Canada was the largest at $20.67M (58.5%), ahead of Europe at $7.70M (21.8%) and Africa at $4.17M (11.8%). The other two regions brought in $2.77M combined.
Compared with fiscal 2023, Asia fell 46.4% to $769.00K and Canada fell 47.1% to $20.67M. From fiscal 2021 to 2024, combined revenue from these regions fell from $71.29M to $35.30M, a compound annual decline of 20.9%. Canada's share of the total fell from 79.4% to 58.5%.
Iron Ore Royalty was Scully Royalty’s largest segment in fiscal 2024, bringing in $20.05M of $35.30M (57%).
| Segments [axis] | FY 2015 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Merchant Banking | $6.53M | $5.49M | -$6.86M | $6.22M | ||||
| Revenue | — | — | — | — | ||||
| Industrial Equity | $23.43M | — | — | — | ||||
| Iron Ore Royalty | $40.34M | $29.17M | $35.32M | $20.05M | ||||
| All Other Segments | $1.00M | $29.04M | $12.25M | $9.03M | ||||
| Merkanti Holding Plc | — | — | — | — | ||||
| Total | $71.29M | $63.69M | $40.71M | $35.30M |
Scully Royalty brought in $35.30M from its three segments in fiscal 2024, the year ended December 31, 2024. That was down 13.3% from $40.71M in fiscal 2023. Iron Ore Royalty was the largest at $20.05M (56.8%), ahead of All Other Segments at $9.03M (25.6%) and Merchant Banking at $6.22M (17.6%).
Compared with fiscal 2023, All Other Segments fell 26.3% to $9.03M and Iron Ore Royalty fell 43.2% to $20.05M.
Scully Royalty stopped reporting Industrial Equity as a separate segment after fiscal 2021, when it brought in $23.43M.
Scully Royalty (SRL) reports its revenue by geography and by segments [axis]. In fiscal 2024, Canada was its largest region, bringing in $20.67M (58.5% of the total), followed by Europe at $7.70M (21.8%).
Canada was Scully Royalty's largest region in fiscal 2024, bringing in $20.67M, or 58.5% of the $35.30M total across its five regions.
Iron Ore Royalty was Scully Royalty's largest segment in fiscal 2024, bringing in $20.05M, or 56.8% of the $35.30M total across its three segments.
Every figure comes from Scully Royalty's annual financial filings, as reported. Each line keeps the name Scully Royalty gives it, and years follow its fiscal calendar.
Scully Royalty's revenue by geography goes back to fiscal 2015, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.