Royalty Management Holding Corp (NASDAQ: RMCO) is a royalty and investment holding company that completed a business combination with Royalty Management Corporation (RMC) on October 31, 2023. The company generates income through fee income, investments in corporations and LLCs, convertible notes receivable, and notes receivable, as reflected on its December 31, 2025 balance sheet. RMCO was originally incorporated in Delaware on January 20, 2021, as a blank check company formed to execute a business combination. On March 20, 2025, the company changed its state of incorporation from Delaware. Thomas M. Sauve serves as Chief Executive Officer and Amanda Kruse as Chief Financial Officer as of the 10-K filed March 31, 2026. The board consists of four independent directors: Julie Griffith, Josh Hawes, Roy Smith, and William Kincaid. The company has a stock repurchase program approved by the Board of Directors on April 13, 2024, capped at $2,000,000 in total share repurchases. Specific revenue figures, segment breakdowns, and customer concentration data are not disclosed in the available filing excerpts.

Revenue model

Fee income and investment returns from holdings in corporations and LLCs, convertible notes receivable, and notes receivable. The balance sheet as of December 31, 2025 shows line items for fee income receivable, interest receivable, and investments, indicating a royalty and structured finance income model. Specific dollar amounts are not disclosed in the available filing excerpts.

Products and services

Royalty interests, investments in corporations and LLCs, convertible notes, and notes receivable. The company also holds intangible assets and tools, machinery, and equipment as of December 31, 2025, per the 10-K filed March 31, 2026.

Customers and end markets

Not disclosed in the available filing excerpts.

Value-chain role

Capital provider and royalty holder, deploying capital through equity investments, convertible notes, and notes receivable to portfolio companies. American Resources Corporation, an affiliate of the company's sponsor, received $10,000 per month for office space, utilities, and administrative support prior to the business combination closing.

Geographic exposure

Not disclosed in the available filing excerpts. The company is incorporated in St. Kitts and Nevis as of March 20, 2025, having previously been incorporated in Delaware.

Source: SEC 10-K, filed 2026-03-31

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