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Westaim Reports Q2 2025 Results for the Quarter Ended June 30, 2025
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About this update from Westaim Corporation
[{"type":"text","content":"Westaim Reports Q2 2025 Results for the Quarter Ended June 30, 2025\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadb4 { padding-bottom: 5px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth2 { width: 2% }\n.bwwidth40 { width: 40% }\n.bwwidth8 { width: 8% }\n.bwwidth98 { width: 98% }\n \n\n\n\n\n NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR\n \n\n DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.\n \n\n\n\n Implementation of strategic transformation underway following closing of CC Capital transaction\n \n\n Ceres products received regulatory approvals in 43 states plus the District of Columbia\n \n\n Ceres received AM Best Financial Strength Rating of B++\n \n\n Arena reported $1.2 billion in new AUM and Programmatic Capital in Q2\n \n\n\n\n\n The Westaim Corporation (“\n \n Westaim\n \n ” or the “\n \n Company\n \n ”) (TSXV: WED) today announces its unaudited interim financial results for the quarter ended June 30, 2025. Westaim recorded a net loss attributable to controlling interests of $0.2 million ($0.01 diluted loss per share) for Q2 2025 compared to a net loss of $17.1 million ($0.80 diluted earnings per share) for Q2 2024. AUM and Programmatic Capital\n \n 1\n \n for the Asset Management segment grew by $1.2 billion during Q2 2025, inclusive of the previously announced $0.7 billion mandate entered into on April 1, 2025 and $0.5 billion of incremental mandates during Q2 2025 including $0.3 billion for the Insurance segment.\n \n\n “With our new c...