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


  • 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