Earnings

ELYSEE Earns $5,370,391 ($0.19 per Share) During Three Months Ended September 30, 2025

By The Northwire Desk — AI Analysis Nov 04, 2025 · 07:03 ELC · 0.51 Elysee Development Corp.

ELC · Price

Elysee Development Corp. reported record Q3 2025 net income of $5.37 M ($0.19/share), driving NAV up to $0.72 per share (+36% YoY).
Cash on hand increased to $5.03 M at quarter‑end and surpassed $6.8 M by 31 Oct 2025.
The company declared a cash dividend of $0.01 per share payable on 21 Nov 2025.

Net Asset Value (NAV): $0.72 per share as of 30 Sep 2025, up from $0.53 on 30 Jun 2025 and $0.42 on 31 Dec 2024.
Q3 2025 Net Income: $5,370,391 ($0.19 per share; $0.16 fully diluted).
Nine‑Month Net Income (Jan–Sep 2025): $8,316,859 ($0.29 per share; $0.25 fully diluted).
Cash Position: $5,027,582 on 30 Sep 2025; rose to >$6.8 M by 31 Oct 2025.
Investment Activity:
Proceeds from sale of investments: $8,413,513 (first nine months).
New investments allocated: $4,478,873 (first nine months).
Normal Course Issuer Bid: purchased 117,500 shares at avg. $0.35 ($40,930 total).
Portfolio Composition (30 Sep 2025): 36% precious metals miners, 25% other metals, 5% energy‑related, 11% private companies, 23% cash/equivalents.
Key Investments: U.S. Vanadium LLC, Arizona Sonoran Copper Co., Equinox Gold Corp., Wesdome Gold Mines Ltd., Agnico Eagle Mines Ltd., Probe Gold Inc.
Dividend Declaration: $0.01 per share payable 21 Nov 2025 to shareholders of record 10 Nov 2025 (ex‑dividend date same).
M&A Highlights Mentioned:
MAG Silver acquired by Pan America Silver (Q3 2025).
Fresnillo PLC announced $780 M offer for Probe Gold Inc. (31 Oct 2025), a 39% premium; Elysee holds a significant stake in Probe Gold.

“The third quarter of 2025 was our best quarter ever, with net earnings of $5,370,391, or 19 cents per share.” – Guido Cloetens, President & CEO

All amounts are in Canadian dollars unless otherwise noted.

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