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TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its audited annual results for the year ended June 30, 2025.
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As at June 30, 2025, the Company had cash, investments and digital assets of $28.8 million.
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As at June 30, 2025, net asset value per share was $0.40 as compared to $0.86 as at June 30, 2024. (See “Use of Non-GAAP Financial Measures” elsewhere)
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Financial
Highlights
for
the
year
ended
June
30,
2025
with
comparatives:
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| Operating Results | June 30, 2025 | June 30, 2024 | ||||
| Net investment and digital assets losses | $ | (15,988,380 | ) | $ | (6,259,447 | ) |
| Operating, general and administrative expenses | (3,717,125 | ) | (4,257,862 | ) | ||
| Net (loss) income for the year | (18,852,413 | ) | 4,017,533 | |||
| Total comprehensive (loss) income for the year | (18,852,355 | ) | 4,016,934 | |||
| Basic (loss) earnings per common share | (0.29 | ) | 0.08 | |||
| Diluted (loss) earnings per common share | (0.29 | ) | 0.08 | |||
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| Consolidated statement of financial position highlights | June 30, 2025 | June 30, 2024 | ||||
| Cash | $ | 5,286 | $ | 482,146 | ||
| Investments, at fair value | 25,603,448 | 51,577,705 | ||||
| Digital assets, at fair value less cost to sell | 3,214,059 | 3,156,065 | ||||
| Total assets | 31,429,715 | 56,174,715 | ||||
| Due to brokers | – | 10,577,913 | ||||
| Total liabilities | 977,781 | 11,455,313 | ||||
| Share capital, contributed surplus, warrants | 156,158,379 | 151,573,492 | ||||
| Foreign currency translation reserve | 875,160 | 875,102 | ||||
| Deficit | (126,581,605 | ) | (107,729,192 | ) | ||
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Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the year, ThreeD experienced a decline in the fair value of several of our portfolio holdings, resulting in both realized and unrealized losses. While short-term market conditions impacted valuations, we remain confident in the long-term potential of our core investments. Our strategy continues to focus on identifying opportunities in sectors with significant growth potential.”
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Use
of
Non-GAAP
Financial Measures:
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This press release contains references to “net asset value per share” (“NAV”) which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding our performance, and may assist in the evaluation of the Company’s business relative to that of its peers.
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About
ThreeD
Capital
Inc.
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ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.
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