Neptune Reports Robust Growth, Strategic Expansion and Comprehensive Net Income of $24.6 Million for the Nine Months Ended May 31, 2025
Neptune Digital Assets (OTCQB: NPPTF) reported strong financial results for the nine months ended May 31, 2025, with total assets growing 62% to $82.2 million from August 31, 2024. The company's digital currency holdings more than doubled to $64.9 million, including 405 Bitcoin valued at $65.8 million and 35,460 Solana tokens.
The company achieved comprehensive income of $24.6 million, with gross revenues of $1.8 million from mining, staking, and DeFi activities. Neptune's strategic investments include an $8.2 million stake in SpaceX, and it maintains a $25.0 million revolving credit line with Sygnum Bank, of which $6.4 million is currently drawn.
Neptune Digital Assets (OTCQB: NPPTF) ha riportato risultati finanziari solidi per i nove mesi terminati il 31 maggio 2025, con un aumento del totale degli asset del 62%, raggiungendo 82,2 milioni di dollari rispetto al 31 agosto 2024. Le partecipazioni in valute digitali della società sono più che raddoppiate, arrivando a 64,9 milioni di dollari, comprensive di 405 Bitcoin valutati 65,8 milioni di dollari e 35.460 token Solana.
La società ha realizzato un reddito complessivo di 24,6 milioni di dollari, con ricavi lordi di 1,8 milioni di dollari derivanti da attività di mining, staking e DeFi. Gli investimenti strategici di Neptune includono una partecipazione da 8,2 milioni di dollari in SpaceX, e mantiene una linea di credito revolving da 25,0 milioni di dollari con Sygnum Bank, di cui attualmente sono stati utilizzati 6,4 milioni di dollari.
Neptune Digital Assets (OTCQB: NPPTF) reportó sólidos resultados financieros para los nueve meses terminados el 31 de mayo de 2025, con un crecimiento del total de activos del 62% hasta 82,2 millones de dólares desde el 31 de agosto de 2024. Las tenencias de monedas digitales de la compañía más que se duplicaron, alcanzando 64,9 millones de dólares, incluyendo 405 Bitcoin valorados en 65,8 millones de dólares y 35.460 tokens Solana.
La compañía logró un ingreso integral de 24,6 millones de dólares, con ingresos brutos de 1,8 millones de dólares provenientes de minería, staking y actividades DeFi. Las inversiones estratégicas de Neptune incluyen una participación de 8,2 millones de dólares en SpaceX, y mantiene una línea de crédito revolvente de 25,0 millones de dólares con Sygnum Bank, de la cual actualmente se han utilizado 6,4 millones de dólares.
Neptune Digital Assets (OTCQB: NPPTF)는 2025년 5월 31일 종료된 9개월 동안 강력한 재무 실적을 보고했으며, 2024년 8월 31일 대비 총 자산이 62% 증가하여 8,220만 달러에 달했습니다. 회사의 디지털 통화 보유액은 6,490만 달러로 두 배 이상 증가했으며, 여기에는 6,580만 달러 가치의 405 비트코인과 35,460 솔라나 토큰이 포함됩니다.
회사는 총포괄손익 2,460만 달러를 달성했으며, 채굴, 스테이킹 및 디파이 활동에서 180만 달러의 총수익을 올렸습니다. Neptune의 전략적 투자는 SpaceX에 820만 달러의 지분을 포함하며, 현재 640만 달러가 사용 중인 2,500만 달러 규모의 회전 신용 한도를 Sygnum Bank와 유지하고 있습니다.
Neptune Digital Assets (OTCQB : NPPTF) a publié des résultats financiers solides pour les neuf mois se terminant le 31 mai 2025, avec une croissance totale des actifs de 62 % pour atteindre 82,2 millions de dollars depuis le 31 août 2024. Les avoirs en monnaies numériques de l'entreprise ont plus que doublé, atteignant 64,9 millions de dollars, comprenant 405 Bitcoins évalués à 65,8 millions de dollars et 35 460 tokens Solana.
L'entreprise a réalisé un résultat global de 24,6 millions de dollars, avec des revenus bruts de 1,8 million de dollars provenant des activités de minage, staking et DeFi. Les investissements stratégiques de Neptune incluent une participation de 8,2 millions de dollars dans SpaceX, et elle dispose d'une ligne de crédit renouvelable de 25,0 millions de dollars auprès de la Sygnum Bank, dont 6,4 millions de dollars sont actuellement utilisés.
Neptune Digital Assets (OTCQB: NPPTF) meldete starke Finanzergebnisse für die neun Monate bis zum 31. Mai 2025, mit einem Gesamtvermögenszuwachs von 62 % auf 82,2 Millionen US-Dollar gegenüber dem 31. August 2024. Die digitalen Währungsbestände des Unternehmens haben sich mehr als verdoppelt und belaufen sich auf 64,9 Millionen US-Dollar, darunter 405 Bitcoin im Wert von 65,8 Millionen US-Dollar sowie 35.460 Solana-Token.
Das Unternehmen erzielte ein Gesamtergebnis von 24,6 Millionen US-Dollar mit Bruttoeinnahmen von 1,8 Millionen US-Dollar aus Mining-, Staking- und DeFi-Aktivitäten. Zu Neptunes strategischen Investitionen gehört eine Beteiligung in Höhe von 8,2 Millionen US-Dollar an SpaceX, und es unterhält eine revolvierende Kreditlinie von 25,0 Millionen US-Dollar bei der Sygnum Bank, von der derzeit 6,4 Millionen US-Dollar in Anspruch genommen werden.
- Total assets increased 62% to $82.2 million
- Digital currency holdings more than doubled to $64.9 million
- Comprehensive income of $24.6 million for the period
- Bitcoin holdings grew to 405 BTC with favorable average cost of US$33,011
- Solana position expanded to 35,460 SOL from initial 26,964
- Strategic SpaceX investment valued at $8.2 million
- Mining revenue declined to $667K from $1.5M year-over-year
- Working capital decreased to $3.1M from $11.7M
- Total liabilities increased significantly to $7.9M from $806K
- Cash and receivables dropped to $1.4M from $6.4M
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain leader in Canada, is pleased to announce the release of its condensed consolidated interim financial statements and management discussion and analysis for the nine months ended May 31, 2025.
Neptune has reported robust financial and operational growth through May 31, 2025, underscoring its strategic focus on digital assets and transformative investments:
- Total Assets Grew to
$82.2 Million
As at May 31, 2025, a
- Bitcoin Holdings Strengthened
Neptune's current Bitcoin treasury grew to approximately 405 Bitcoin (BTC), valued at
- Solana Position Expanded
Current holdings total 35,460 Solana (SOL), up from an initial 26,964 SOL at an average cost of US
- Revenue Update
Gross revenues for nine months ended May 31, 2025, reached
- Top Digital Asset Holdings
Neptune's largest positions are 405 BTC, 35,457 SOL, and 216,814 ATOM, alongside diversified positions in ETH, DOGE, DOT, S (formerly FTM), DASH, GRT, OCEAN, and others.
- Adding to Strategic Investments in SpaceX
Neptune continues to expand its stake in frontier industries beyond blockchain, such as acquiring ownership of SpaceX shares. The Company's shares of SpaceX are valued at approximately
- Liquidity Update
Neptune maintains a US
"With Bitcoin recently reaching new all-time highs and the U.S. GENIUS Act establishing a federal framework for stablecoins, Neptune's strategic positioning and asset expansion are aligned with the most significant developments in the digital asset sector to date," said Cale Moodie, Neptune's CEO. "As the digital asset ecosystem enters a new phase of mainstream integration, Neptune remains well-capitalized, strategically diversified, and poised to benefit from the expanding global demand for blockchain-based financial infrastructure."
Operating and Financial Overview | |||||||
($CAD) | |||||||
For the nine months ended | May 31, 2025 | May 31, 2024 | |||||
Mining revenue | 666,970 | 1,539,179 | |||||
Staking revenue | 726,881 | 419,003 | |||||
Direct mining expenses (not incl. depreciation) | (662,841 | ) | (1,175,078 | ) | |||
Other income* | 404,416 | 513,392 | |||||
Total earnings | 1,135,426 | 1,296,496 | |||||
Depreciation** | 138,365 | 215,386 | |||||
Stock based compensation** | - | 234,894 | |||||
General expenses | 1,666,215 | 1,244,186 | |||||
Realized gain on settlements and sales | 966,491 | 153,914 | |||||
Revaluation gain on digital currencies*** | 22,119,466 | 20,619,885 | |||||
Unrealized gain related to equity investments | 2,138,612 | 4,442,156 | |||||
Comprehensive income for the period | 24,555,415 | 24,817,985 | |||||
Financial Position | |||||||
($CAD) | |||||||
As at | May 31, 2025 | August 31, 2024 | |||||
Cash and receivables | 1,413,645 | 6,398,130 | |||||
Total digital assets | 64,863,281 | 31,288,165 | |||||
Total other assets | 15,935,427 | 13,004,152 | |||||
Total liabilities | 7,888,361 | 805,904 | |||||
Total shareholders' equity | 74,323,992 | 49,884,543 | |||||
Working capital**** | 3,122,927 | 11,714,173 | |||||
* All non-Bitcoin mining, non-Staking revenue, and non-DeFi revenue generating activities | |||||||
** Non-cash items, including depreciation of mining rigs | |||||||
*** Revaluation is calculated as the change in value (gain or loss) on digital currencies. When digital currencies are sold, the net difference between the proceeds received and the cost of the digital currencies determined on a First-in, First-out basis, is recorded as a gain (loss) on the sale of digital currencies | |||||||
**** Current assets less current liabilities |
About Neptune Digital Assets Corp.
Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at www.neptunedigitalassets.com or follow us on Twitter (@NeptuneDAC).
ON BEHALF OF THE BOARD
Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This release contains certain "forward-looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements in this news release include, extrapolating continued growth in digital currency assets based on past results, Bitcoin holdings and value will continue to increase, the Company will complete option trades to acquire additional Solana and completing investments into sectors other than blockchain, Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.
The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
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