Compass Diversified (NYSE: CODI ) is an investment holding company that manages and owns controlling interests in several medium sized businesses across a variety of industries. It got slammed on May 8, dropping 62% onI am a private investor based out of Toronto, Canada and I have been investing since 2003. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. I write on Seeking Alpha to demonstrate my financial analysis and wr ...

Core Insights - Stack Capital Group Inc. reported its financial results for Q1 2025, with a Book Value per Share (BVpS) of $12.06, down from $12.29 as of December 31, 2024 [4] - The Company made significant investments in various technology sectors, including AI, autonomous robotics, and travel, with notable portfolio companies such as CoreWeave, Shield AI, and Omio [4][6] Financial Performance - As of March 31, 2025, Stack Capital's total Book Value was $129.7 million [4] - The Company invested an additional US$2.2 million in CoreWeave prior to its IPO, which subsequently saw a share price increase of 45% from March 31, 2025, contributing an estimated $0.45 increase to the BVpS [4][6] - Shield AI raised US$240 million at a valuation of US$5.3 billion, enhancing its position within Stack Capital's portfolio [4] Portfolio Highlights - The breakdown of Book Value per Share as of March 31, 2025, includes: - SpaceX: $2.18 - Locus Robotics: $1.32 - Canva: $1.29 - Omio: $1.11 - Hopper: $1.07 - Newfront Insurance: $1.07 [3][5] - Following the quarter-end, SpaceX received FAA approval to increase its Starship launches to 25 per year, which is expected to benefit its Starlink satellite communications business [4] - Locus Robotics launched its 'Array' autonomous mobile robot, which significantly reduces manual labor in warehouse operations [4] Strategic Developments - Omio expanded its services into Southeast Asia, adding over 14,000 bus routes and aiming to become a comprehensive multi-modal travel provider by Q4 2025 [4] - The Company is focused on maximizing long-term performance through a diversified portfolio of high-growth businesses, which are not widely available to most Canadian investors [6]

Financial Performance - Fairfax India Holdings Corporation reported a net loss of $211.2 million ($1.57 net loss per diluted share) in Q1 2025, an improvement from a net loss of $293.5 million ($2.17 net loss per diluted share) in Q1 2024 [1][8] - The company's book value per share decreased by 7.4% to $19.41 as of March 31, 2025, down from $20.96 at December 31, 2024, primarily due to unrealized losses on publicly listed investments [1][7] Investment and Financial Health - As of March 31, 2025, Fairfax India had cash and marketable securities totaling $113.0 million, with an additional $79.2 million available under its revolving credit facility [3] - The company recorded a net change in unrealized losses on investments amounting to $222.9 million, mainly from declines in the fair values of publicly listed investments [6] Shareholder Information - The weighted average number of common shares outstanding during Q1 2025 was 134.8 million, compared to 135.4 million in Q1 2024 [3][9] - The total equity of the company as of March 31, 2025, was $2.747 billion, down from $2.957 billion at the end of 2024 [7]