Earnings

Clarke Inc. Reports 2025 Third Quarter Results

By The Northwire Desk — AI Analysis Nov 06, 2025 · 16:05 CKI · 24.1 CLARKE INC.

CKI · Price

Clarke Inc. reported Q3 2025 net income of $15.8 M, up from $12.2 M a year earlier, driven largely by a $14.9 M fair‑value gain on investment properties.
Book value per common share increased 6.6% to $21.22, while the share price was $28.20 at quarter end.
Comprehensive income fell to $17.9 M from $23.6 M YoY, reflecting higher depreciation, amortization and interest costs despite operating‑income improvements.

Net Income (Q3 2025): $15.8 M (vs. $12.2 M in Q3 2024).
Net Income (9 months ended Sep 30 2025): $13.4 M (down from $16.4 M YoY).
Fair‑value adjustment gains: $14.9 M on investment properties (≈ $1.09 per share).
Hotel net operating income: $7.2 M (+$0.53 per share).
Residential net operating income: $1.9 M (+$0.14 per share).
Depreciation & amortization: $3.0 M (−$0.22 per share), up YoY due to hotel revaluations.
Interest & accretion expense: $2.4 M (−$0.18 per share), higher as interest outlays were expensed rather than capitalized.
Hotel revaluation loss: $1.5 M (−$0.11 per share).
Other comprehensive income (Q3): $2.1 M, mainly hotel revaluation gains net of tax ($1.9 M).
Book value per share (quarter end): $21.22 (up 6.6% YoY).
Share price at quarter end: $28.20.

Metric	Q3 2025	Q3 2024	9M 2025	9M 2024
Hotel & rental revenue	19.8	20.0	55.2	49.8
Provision of services revenue	5.4	4.8	7.5	7.3
Other income	13.7	8.6	11.9	9.5
Net income	15.8	12.2	13.4	16.4
Other comprehensive income	2.1	11.5	6.1	8.7
Comprehensive income	17.9	23.6	19.5	25.1
Basic & diluted EPS	1.16	0.87	0.97	1.17
Total assets	621.3	469.4	621.3	469.4
Total liabilities	331.6	213.8	331.6	213.8
Long‑term financial liabilities	173.3	147.6	173.3	147.6

All per‑share amounts are non‑IFRS measures.

(No direct quotes were provided in the release.)

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