ThreeD Capital loses $18.85-million in 2025

Mr. Sheldon Inwentash reports THREED CAPITAL INC. RELEASES RESULTS FOR THE YEAR ENDED JUNE 30, 2025 ThreeD Capital Inc. has released its audited annual results for the year ended June 30, 2025. As at June 30, 2025, the company had cash, investments and digital assets of $28.8-million. As at June 30, 2025, net asset value per share was 40 cents, as compared with 86 cents as at June 30, 2024. Sheldon Inwentash, chairman and chief executive officer of ThreeD, stated: "During the year, ThreeD experienced a decline in the fair value of several of our portfolio holdings, resulting in both realized and unrealized losses. While short-term market conditions impacted valuations, we remain confident in the long-term potential of our core investments. Our strategy continues to focus on identifying opportunities in sectors with significant growth potential." Use of non-GAAP (generally accepted accounting principles) financial measures This news release contains references to net asset value (NAV) per share, which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable with similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD's consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The company believes that the measure provides information useful to its shareholders in understanding its performance and may assist in the evaluation of the company's business relative to that of its peers. About ThreeD Capital Inc. ThreeD is a publicly traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD's investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early-stage, promising companies where it may be the lead investor, and can additionally provide investees with advisory services and access to the company's ecosystem. We seek Safe Harbor.