Globenewswire·2025-11-14 13:30Core Viewpoint - Partners Value Investments Inc. reported a significant net loss of $2.2 billion for the three months ended September 30, 2025, primarily due to remeasurement losses associated with retractable common shares, warrants, and exchangeable shares [2][3]. Financial Performance - The net loss for the three months ended September 30, 2025, was $2.2 billion, compared to a net loss of $1.2 billion in the same quarter of the previous year [2]. - Adjusted Earnings for the same period were $46 million, an increase from $17 million in the prior year quarter, attributed to higher investment valuation gains and favorable foreign currency movements [3][10]. - Investment income for the three months ended September 30, 2025, totaled $35.2 million, up from $32.3 million in the prior year quarter [5]. Investment Portfolio - As of September 30, 2025, the Company held 121 million Class A Limited Voting Shares of Brookfield Corporation and 26 million Class A Limited Voting Shares of Brookfield Asset Management Ltd., representing approximately 8% and 2% interests, respectively [7]. - The market prices for Brookfield Corporation and Brookfield Asset Management Ltd. shares were $68.58 and $56.94, respectively, as of September 30, 2025 [4]. Remeasurement Losses - Remeasurement losses for retractable common shares amounted to $1.9 billion in the current quarter, compared to $1.1 billion in the prior year quarter [2]. - Remeasurement losses on warrants were $252 million, up from $114 million in the previous year [2]. Consolidated Financial Position - As of September 30, 2025, total assets were $11.6 billion, an increase from $10.0 billion as of December 31, 2024 [8]. - The Company reported an accumulated deficit of $8.45 billion as of September 30, 2025, compared to $6.82 billion at the end of the previous year [8].