Earnings
Sonor Investments Limited Reports Third Quarter Financial Results
SNI · Price
Executive Summary
- Sonor Investments Limited reported nine‑month financial results ending September 30, 2025, showing revenue of $2.491 M and income before taxes of $1.934 M, both up from the comparable 2024 period.
- Net capital gains on investment sales declined to $172 K for the nine months (down from $260 K in 2024), while cash and marketable securities totaled $14.2 M of assets.
- The company confirmed that its net assets and qualified investments remain above the thresholds required for its First Preference Shares.
Key Details
- Revenue: $2,491 000 (nine months) vs. $2,039 000 (2024); $1,004 000 (three months) vs. $1,370 000 (2023).
- Income before taxes: $1,934 000 (nine months) vs. $1,558 000 (2024); $825 000 (three months) vs. $1,236 000 (2023).
- Asset composition as of September 30, 2025: total assets $49.8 M comprising $12.5 M marketable securities, $35.6 M private investment, and $1.7 M cash & short‑term investments.
- Net capital gains on sale of investments: $172 000 (nine months 2025) vs. $260 000 (nine months 2024); $100 000 (three months 2025) vs. $7 000 (three months 2024).
- Share condition compliance: Net assets and qualified investments continue to exceed the amounts prescribed for First Preference Shares under the company’s capital stock terms.
- Stock information: First Preference Shares trade on the TSX Venture Exchange under symbol SNI.PR.A.
Notable Quotes
“As at September 30, 2025 the Company’s assets totaled $49.8 million, reflecting a strong balance sheet and continued compliance with our share conditions,” – Michael Gardiner, Chair and CEO.