Ecora has a strong financial position with a focus on reducing debt, growth and shareholder returns.
Our capital allocation policy consists of four pillars:
Balance sheet strength
- Deployed ~$420m since Q1 2021
- Net debt ~$43m at HY 2023
Funding for further acquisitions
- Strong banking relationships
- Liquidity available for further growth
Quarterly
dividends
- Dividend of 2.125c paid on a quarterly basis
Other shareholder returns
- Dependent on business performance and royalty and stream acquisitions during the year and outlook