05:10 PM EST, 02/20/2025 (MT Newswires) -- Vox Royalty ( VOXR ) was last seen down 2% in after-hours Nasdaq trading after saying Thursday its loss for the fourth quarter doubled even as it hiked its quarterly dividend to reflect its 2025 outlook.

Vox reported a loss of US$966,494 or US$0.02 per share, in the quarter, compared to a loss of US$417,962 or US$0.01, a year earlier.

Fourth-quarter revenue edged down to US$2.9 million from US$3 million.

In its outlook, Vox said the performance of its portfolio during the year was generally in line with management expectations. In March, 2024, Vox estimated its 2024 royalty revenue would be in the range of US$11 million to US$13 million. For the year, Vox's royalty revenue totaled $11.05 million.

For 2025, Vox estimates royalty revenue to total US$12 million to US$14 million.

The company's board raised its quarterly dividend to $0.0125 per share from US$0.012, to be paid on April 14, to shareholders of record on March 31. It said this marks the third consecutive annual increase for Vox shareholders.

Kyle Floyd, Chief Executive Officer, said: "We are pleased to announce record annual cashflows from operations, achievement of annual revenue guidance for the fourth consecutive year and finishing 2024 with three new producing gold royalties in Western Australia. We are also encouraged to deliver annual G&A expenditure reduction of 9%, demonstrating management's ongoing focus on operating efficiency."

Vox Royalty ( VOXR ) was last seen down $0.05 to US$2.50 after hours. They closed up $0.11, or 3.1%, tot $3.66 on the Toronto Stock Exchange.