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ThreeD Capital Inc. Releases Results for the Three and Nine Months Ended March 31, 2024
TORONTO, May 27, 2024 (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 unaudited results as at and for the three and nine months ended March 31, 2024.
As at March 31, 2024, the Company had cash, investments and digital assets of $49.7 million.
As at March 31, 2024, net asset value per share was $0.89 as compared to $0.79 as at June 30, 2023. (See "Use of Non-GAAP Financial Measures" elsewhere)
Financial Highlights for the three and nine months ending March 31, 2024 with comparatives:
Operating Results
Three months endedMarch 31,
Nine months endedMarch 31,
2024
2023
2024
2023
Net investment and digital assets gains (losses)
$
4,486,530
$
(1,201,846
)
$
7,861,037
$
(11,833,574
)
Operating, general and administrative expenses
(1,059,859
)
(738,272
)
(2,581,273
)
(2,015,827
)
Net income (loss) for the period
3,709,026
(1,901,180
)
5,902,964