Business
Fountain Asset Corp. Announces Its Financial Results for the Quarter and Year Ended December 31, 2025
TORONTO, ON / ACCESS Newswire / April 28, 2026 / Fountain Asset Corp . (TSXV:FA) ("Fountain" ...
About this update from Fountain Asset Corp.
[{"type":"text","content":"Fountain Asset Corp. Announces Its Financial Results for the Quarter and Year Ended December 31, 2025TORONTO, ON / ACCESS Newswire / April 28, 2026 / Fountain Asset Corp. (TSXV:FA) (\"Fountain\" or the \"Company\") would like to announce its financial results for the three months ended December 31, 2025 (\"Q4/25\") and for the year ended December 31, 2025 (\"Fiscal 2025\").Highlights from Q4/25:Net asset value (\"NAV\") of $7.46 million ($0.12 per share) at December 31, 2025 compared to 8.56 million ($0.13/share) at September 30, 2025, representing an 7.7% decrease quarter over quarter on a per share basis. NAV is calculated as the value of total assets less the value of total liabilities;Net comprehensive loss of $1.11 million for the three months ended December 31, 2025, compared to net comprehensive income of $0.35 million for three months ended December 31, 2024 (\"Q4/24\");Total losses from investment activity was $0.79 million compared to total revenue of $0.57 million for Q4/24;Net realized gains on the sale of portfolio investments of $0.52 million compared to net realized losses of $1.81 million for Q4/24;Net unrealized losses on portfolio investments of $1.31 million compared to net unrealized gains of $2.37 million for Q4/24;Total expenses of $0.32 million, which included $0.01 million of stock-based compensation, compared to $0.22 million for Q4/24 which included $0.03 of stock-based compensation; andOperating expenses of $0.21 million compared to $0.22 million for Q4/24.Highlights from Fiscal 2025:NAV of $7.46 million ($0.12 per share) at December 31, 2025 compared to $5.51 million ($0.09 per share) at December 31, 2024, representing a 25.0% increase year over year on a per share basis;Net comprehensive income of $1.91 million compared to net comprehensive losses of $1.30 million for the year ended December 31, 2024 (\"Fiscal 2024\");Total gains from investment activity was $3.28 million compared to losses of $0.41 million for Fiscal 2024;Net realized gains on the sale of portfolio investments of $3.75 million compared to net realized losses of $1.89 million for Fiscal 2024;Net unrealized losses on portfolio investments of $0.57 million compared to net unrealized gains of $1.47 million for Fiscal 2024;Total expenses of $1.34 million, which included stock-based compensation of $0.02 million, compared to $0.89 million...