Torrent Capital Reports Preliminary Q3 2025 Financial Results and Portfolio Update
Torrent Capital (OTC:TRRPF) reported preliminary Q3 2025 results with a NAV of $33.5M or $0.88 per share as of September 30, 2025. Total comprehensive income for the quarter was approximately $4.8M, a 208% year‑over‑year increase. NAV rose $0.13 per share (+17%) in Q3, outperforming the S&P 500 (+8%) but trailing the TSX Small Cap Index (+20%).
The quarter's drivers included strong resource and technology investments, realized digital asset gains of $1.2M, unrealized SOL gains of $2.2M, and staking yield of 1,725 SOL (~$396,000). Results are preliminary and unaudited; final filings expected by Nov 13, 2025. Monthly NAV reporting begins Q4 2025.
Torrent Capital (OTC:TRRPF) ha riportato risultati preliminari del terzo trimestre 2025 con un NAV di 33,5 milioni di dollari o 0,88 dollari per azione al 30 settembre 2025.
Il reddito complessivo per il trimestre è stato di circa 4,8 milioni di dollari, in aumento su base annua del 208%. Il NAV è salito di 0,13 dollari per azione (+17%) nel Q3, superando lo S&P 500 (+8%) ma rimanendo al di sotto del TSX Small Cap Index (+20%).
I motori del trimestre hanno incluso forti investimenti in risorse e tecnologia, guadagni realizzati da asset digitali di $1.2M, guadagni non realizzati su SOL di $2.2M, e un rendimento da staking di 1.725 SOL (~$396.000). I risultati sono preliminari e non auditati; i filing finali sono attesi entro 13 novembre 2025. La reportistica NAV mensile inizierà nel Q4 2025.
Torrent Capital (OTC:TRRPF) informó resultados preliminares del tercer trimestre de 2025 con un NAV de $33.5M o $0.88 por acción al 30 de septiembre de 2025.
El ingreso total y abarcador del trimestre fue aproximadamente $4.8M, un aumento interanual de 208%. El NAV subió $0.13 por acción (+17%) en el Q3, superando al S&P 500 (+8%) pero por debajo del TSX Small Cap Index (+20%).
Los impulsores del trimestre incluyeron inversiones fuertes en recursos y tecnología, ganancias realizadas de activos digitales de $1.2M, ganancias unrealizadas de SOL de $2.2M, y un rendimiento de staking de 1,725 SOL (~$396,000). Los resultados son preliminares y no auditados; se esperan presentaciones finales para el 13 de noviembre de 2025. El informe NAV mensual comienza en el Q4 de 2025.
Torrent Capital (OTC:TRRPF)는 2025년 3분기 예비 실적을 발표했고 2025년 9월 30일 기준 주당 순자산가치 NAV 3,350만 달러 또는 주당 0.88달러를 보고했습니다.
분기의 총 포괄손익은 대략 480만 달러였으며, 전년동기 대비 208% 증가했습니다. 3분기 NAV는 주당 0.13달러(+17%) 상승했고 S&P 500의 (+8%)를 상회했지만 TSX Small Cap Index의 (+20%)보다 낮았습니다.
분기의 추진 요인은 자원 및 기술 투자 강세, 디지털 자산 실현 이익 $1.2M, SOL의 미실현 이익 $2.2M, 그리고 스테이킹 수익 1,725 SOL (~$396,000)이었습니다. 결과는 예비적이며 감사되지 않았고 최종 공시는 2025년 11월 13일까지 예정되어 있습니다. NAV 월간 보고는 2025년 4분기부터 시작됩니다.
Torrent Capital (OTC:TRRPF) a publié des résultats préliminaires du T3 2025 avec une NAV de 33,5 M$ ou 0,88$ par action au 30 septembre 2025.
Le revenu total et étendu du trimestre était d'environ 4,8 M$, en hausse de 208% d'une année sur l'autre. Le NAV a augmenté de 0,13$ par action (+17%) au T3, dépassant le S&P 500 (+8%) mais restant en dessous de l'indice TSX Small Cap (+20%).
Les moteurs du trimestre comprenaient des investissements importants dans les ressources et la technologie, des gains réalisés sur actifs numériques de $1,2 M, des gains latents sur SOL de $2,2 M et un rendement de staking de 1 725 SOL (~$396 000). Les résultats sont préliminaires et non audités; les dépôts finaux sont attendus d’ici le 13 novembre 2025. La publication mensuelle de NAV commence au cours du Q4 2025.
Torrent Capital (OTC:TRRPF) meldete vorläufige Ergebnisse für das Q3 2025 mit einer NAV von 33,5 Mio. $ oder 0,88 $ pro Aktie zum 30. September 2025.
Das gesamte Quartal betrug der umfassende Ertrag etwa 4,8 Mio. $, ein Anstieg von 208% zum Vorjahr. Der NAV stieg im Q3 um 0,13 $ pro Aktie (+17%), schnitt besser als der S&P 500 (+8%) ab, lag jedoch unter dem TSX Small Cap Index (+20%).
Die Treiber des Quartals umfassten starke Investitionen in Ressourcen und Technologie, realisierte Gewinne aus digitalen Assets von $1,2 Mio., unrealisierte SOL-Gewinne von $2,2 Mio. und Staking-Erträge von 1.725 SOL (~$396.000). Die Ergebnisse sind vorläufig und ungeprüft; endgültige Einreichungen werden bis zum 13. November 2025 erwartet. Die monatliche NAV-Berichterstattung beginnt im Q4 2025.
Torrent Capital (OTC:TRRPF) أصدرت نتائج أولية للربع الثالث من 2025 مع صافي قيمة الأصول NAV قدره 33.5 مليون دولار أو 0.88 دولار للسهم كما في 30 سبتمبر 2025.
دخل شامل للربع كان نحو 4.8 مليون دولار، بزيادة سنوية قدرها 208%. ارتفع NAV بمقدار 0.13 دولار للسهم (+17%) في الربع الثالث، متفوقاً على S&P 500 (+8%) ولكنه متخلف عن TSX Small Cap Index (+20%).
شملت محركات الربع استثمارات قوية في الموارد والتكنولوجيا، أرباح محققة من الأصول الرقمية قدرها $1.2M، أرباح غير محققة من SOL قدرها $2.2M، وعائد من staking قدره 1,725 SOL (~$396,000). النتائج أولية وغير مدققة؛ من المتوقع تقديم النشرات النهائية بحلول 13 نوفمبر 2025. يبدأ الإبلاغ الشهري لـ NAV في الربع الرابع من 2025.
Torrent Capital (OTC:TRRPF) 报告了2025年第三季度的初步业绩，截止2025年9月30日的 NAV 为 3350 万美元或每股 0.88 美元。
本季度的综合收入约为 480 万美元，同比增长 208%。
第三季度 NAV 每股上涨 0.13 美元（+17%），跑赢 S&P 500（+8%），但落后 TSX Small Cap 指数的 +20%。
本季度的驱动因素包括对资源和科技的强劲投资、已实现的数字资产收益 $1.2M、未实现的 SOL 收益 $2.2M，以及质押收益 1,725 SOL (~$396,000)。结果为初步且未审计；最终披露预计在 2025-11-13 前提交。NAV 月度报告将从 2025 年第四季度开始。
- NAV per share $0.88 as of September 30, 2025
- Quarterly total comprehensive income approximately $4.8M
- NAV increased 17% in Q3 2025
- Realized SOL gains approximately $1.2M in Q3 2025
- Staking yield of 1,725 SOL (~$396,000) since Jan 2025
- Preliminary unaudited results subject to change before Nov 13, 2025
- Long digital asset exposure of ~30,000 SOL presents concentration risk
- NAV Q3 gain trailed TSX Small Cap Index (17% vs 20%)
- Partial disposition of Wildbrain generated only ~$100,000 realized gains
Halifax, Nova Scotia--(Newsfile Corp. - October 9, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent" or the "Company") today announced its preliminary financial results for its third quarter ended September 30, 2025, along with an initial update on portfolio performance. As of September 30, 2025, Torrent reports a Net Asset Value ("NAV") per share of approximately
Preliminary Financial Highlights
Total comprehensive income for the quarter was approximately
$4.8 million , representing a208% increase from the comparative prior year quarter. All figures reported are net of taxes and operating expenses.As at September 30, 2025, Torrent had a NAV of
$33.5 million (or$0.88 per share) compared with$28.7 million (or$0.75 per share) at June 30, 2025.The
$0.13 per share increase in NAV represents a17% gain during the third quarter, outperforming the S&P500 which increased8% , and trailing the TSX Small Cap Index which rose20% over the same period.The increase in NAV and comprehensive income was primarily driven by strong performance of Torrent's investments in the resource and technology sectors.
Since inception in 2017, Torrent's NAV increased at a compound annual growth rate of
16% , compared to the S&P500 and TSX Small Cap Index, which increased at rates of13% and7% respectively during the same period.
Digital Asset Portfolio
During the third quarter, the price of Solana (SOL) appreciated contributing to Torrent's outperformance as the largest holding in its portfolio. Since establishing a digital asset portfolio in January 2025, staking Solana has generated a yield of 1,725 SOL tokens, representing approximately
During the quarter, Torrent recorded realized gains of approximately
In view of evolving market conditions, Torrent has taken steps to strategically reduce its SOL exposure in order to manage risk, reduce volatility and improve diversification. Going forward, the Company will adjust its digital asset holdings based on prevailing market conditions.
Equity Portfolio
Torrent's equity portfolio appreciated in value during Q3, benefiting from diverse holdings across geographies, company stages and sectors.
Torrent initiated a new core holding in Lemonade Inc. during the quarter. Lemonade is a USA publicly listed insurtech firm that leverages artificial intelligence to streamline operations such as claims processing and policy issuance. As of September 30, 2025, the position reflected an unrealized gain of
Kneat.com, Inc. remains one of Torrent's largest and best performing holdings. In Q3, Kneat announced three new global clients in the pharmaceutical and manufacturing sectors and reported another quarter of strong financial results.
Torrent's resource portfolio outperformed in Q3, supported by robust gold prices. The Company maintained positions in exploration-stage resource companies through the sector's bear market and is positioned to benefit as market conditions continue to improve. With widening government deficits and rising global uncertainties, tailwinds have re-emerged in the resource sector, creating a growth driver for the portfolio.
During the quarter, Torrent reduced the size of its position in Wildbrain Ltd., a long-term holding that has underperformed relative to the broader portfolio since initiation of the position. As of September 30, 2025, Torrent has an unrealized gain of approximately
Argentia Capital Update
Torrent maintains an investment in Argentia Capital Inc. ("ACI"), a private company focused on infrastructure-linked opportunities at the Port of Argentia, Newfoundland. ACI has equity positions in high-potential port projects and opportunities to generate predictable cash flow through royalties, streaming income, and operational participation. ACI's strategy is rooted in disciplined capital allocation and long-duration partnerships, with the goal of delivering stable, compounding returns while supporting regional economic development. Future revenue streams will be used by Torrent to invest in portfolio companies and as working capital.
Cautionary Note on Preliminary Results
The financial figures presented in this release are preliminary, unaudited results and are subject to change following the completion of the Company's standard closing procedures and review. Final results will be included in the Company's unaudited financial statements and MD&A for the quarter ended September 30, 2025, that will be filed on SEDAR+ on or before November 13, 2025. Beginning in Q4 2025, Torrent will enhance transparency for investors by publishing its NAV per share in monthly news releases.
About Torrent Capital Ltd.
Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities, digital assets, and private investments. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.
For further information, please contact:
Contact:
Wade Dawe
Chief Executive Officer
Phone: 1 902 536 1976
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.
NEITHER THE 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269905
FAQ
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