Northwire Canada EditionSaturday, October 17, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Earnings

Montfort Capital Announces Third Quarter 2025 Financial Results

By The Northwire Desk — AI Analysis Nov 20, 2025 · 22:10 MONT · 0.015 Montfort Capital Corp.
MONT · Price

Executive Summary

  • Montfort Capital Corp. reported nine‑month financial results ending September 30, 2025, showing a modest decline in revenue and expenses versus the prior year.
  • Net loss from continuing operations was C$4.5 million (‑C$0.05 per share); discontinued operations generated a net gain of C$4.9 million (C$0.05 per share) after disposal of Brightpath.
  • The company disclosed that CFO Sam Hall has departed and that Catapult Consulting Group will manage financial reporting while a replacement CFO is sought.

Key Details

  • Revenue: C$3,158,644 for nine months ended Sep 30 2025 vs. C$3,423,761 in 2024 (‑8%).
  • Expenses: C$7,750,396 vs. C$7,790,750 in 2024 (‑1%).
  • Net loss – Continuing Operations: C$4,495,307 (‑C$0.05 per share) vs. C$4,427,324 (‑C$0.05) prior year.
  • Net income – Discontinued Operations: C$4,924,152 (C$0.05 per share) vs. a loss of C$3,287,371 (‑C$0.03) in 2024, driven by an $8.7 M gain on the Brightpath disposal offset by prior operating losses.
  • Loans receivable – net of allowance: C$247,215,428 as of Sep 30 2025 vs. C$189,538,678 at Dec 31 2024, reflecting growth across Langhaus, Nuvo, and Pivot divisions.
  • Expense drivers: $2.5 M increase in expected credit losses offset by $2.4 M reduction in overhead from staffing cuts and efficiency measures.
  • Management change: CFO Sam Hall resigned; Catapult Consulting Group engaged to handle reporting and accounting; new CFO to be appointed soon.

Notable Quotes

“The impact of our restructuring efforts… is now showing in our financial results,” – Ken Thomson, CEO.
“We will continue to focus on controlled growth, stability and liquidity.” – Ken Thomson, CEO.

Read the original news release →

More from Montfort Capital Corp.

May 11, 2026 · 04:30

Montfort Capital’s Failure to File Audited Financials Triggers Cease Trade Order, Extinguishing Last Vestiges of Trading as Company Spirals Toward Insolvency

Regulatory May 09, 2026 · 17:19

Cease Trade Order Caps Montfort Capital’s Collapse as Board Exodus and Auditor Door‑Hit Leave Nothing but a Zero Bid

Regulatory Apr 27, 2026 · 14:46

Governance Instability and Creditor Pressure Mount

Regulatory Mar 30, 2026 · 17:30

Montfort Capital Posts Preliminary Turnaround as Audit Delay and Zero-Cent Trading Cloud Outlook

Earnings Nov 04, 2025 · 17:00

Montfort Capital Announces Closing to Previously Announced Pivot Sale and Share Repurchases

M&A / Property Oct 21, 2025 · 17:21

Montfort Capital Announces Update to Agreement to Sell Pivot Business, Change of Auditor

M&A / Property