Torrent Capital Reports Strong Q3 2025 Financial Results; Announces October Portfolio and Net Asset Value (NAV) Update
Newsfile·2025-11-13 22:00

Core Insights - Torrent Capital reported a strong financial performance for Q3 2025, with a Net Asset Value (NAV) of $33.5 million or $0.88 per share as of September 30, 2025, and cash on hand of $4.3 million [1][5] Q3 2025 Financial Highlights - The company achieved net gains on investments of $4.6 million, translating to $0.13 per share, and net gains on digital assets of $1.9 million, equivalent to $0.05 per share [5] - Earnings per share increased to $0.13, up from $0.06 per share in Q3 2024 [5] October Financial Highlights - As of October 31, 2025, Torrent's NAV rose to approximately $33.7 million or $0.88 per share [5] - The cash position improved to $5.9 million by the end of October [5] - The NAV remained stable during October, driven by gains from Lemonade, Inc. and Advanced Micro Devices Inc., although partially offset by declines in digital asset holdings [5] - The company expanded its resource portfolio by increasing exposure to gold, initiating a position in B2Gold Corp. while maintaining a position in Fortune Bay Corp. [5]