Torrent Capital reports preliminary Q3 total comprehensive income of C$4.8 million

Published 1 month ago Positive
Torrent Capital reports preliminary Q3 total comprehensive income of C$4.8 million
Auto
* Torrent Capital (TSXV:TORR:CA [https://seekingalpha.com/symbol/TORR:CA]) announced on Thursday its preliminary total comprehensive income for Q3 was approximately C$4.8 million, representing a 208% 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 C$33.5 million (or C$0.88 per share) compared with C$28.7 million (or C$0.75 per share) at June 30, 2025.
* The C$0.13 per share increase in NAV represents a 17% gain during the third quarter, outperforming the S&P500 which increased 8%, and trailing the TSX Small Cap Index which rose 20% over the same period.
* During the third quarter, the price of Solana (SOL [https://seekingalpha.com/symbol/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 C$396,000 in value.
* During the quarter, Torrent recorded realized gains of approximately C$1.2 million from dispositions of its SOL holdings and an unrealized gain of approximately C$2.2 million. As of September 30, 2025, Torrent maintains long exposure to approximately 30,000 SOL through a combination of staked holdings and option contracts.
* Source: Press Release [https://seekingalpha.com/pr/20261596-torrent-capital-reports-preliminary-q3-2025-financial-results-and-portfolio-update]

MORE ON TORRENT CAPITAL LTD.

* Financial information for Torrent Capital Ltd. [https://seekingalpha.com/symbol/TORR:CA/income-statement]