05:02 PM EST, 11/13/2025 (MT Newswires) -- Metalla Royalty & Streaming ( MTA ) was at last look down 3.2% in after-hours New York trading despite reporting the first profitable quarter in its history and higher year-over-year revenue.

The company earned US$629,000 in the third quarter, compared with a loss of US$1.17 million a year ago. Per-share amounts were not provided.

Revenue from royalty interests was US$4 million, up from US$1.6 million a year prior. FactSet expected US$3.7 million.

"The third quarter of 2025 marked a step-change and record quarter for Metalla," as the company achieved record highs across key metrics and recorded its first quarter of positive net income, Chief Executive Brett Heath said.

"Further, following quarter-end, we announced an increase in our net smelter return (NSR) to 1.50% on Cote-Gosselin, one of the most significant gold assets in North America. Our pipeline continues to advance with tangible catalysts: rehabilitation underway at La Parrilla, staged expansion plans at La Guitarra, Mitsubishi's strategic investment alongside Hudbay at Copper World, and Castle Mountain's Phase 2 advancing under the FAST-41 framework," he said.

"We believe these developments position Metalla for sustained long-term growth and compounding cash flow as our assets move through development and into production," Heath added.

Metalla shares were last seen down US$0.23 to US$7.04 after hours. They closed down $0.27 to $9.92 on the TSX Venture Exchange.