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Earnings

Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended September 30, 2025

By The Northwire Desk — AI Analysis Nov 25, 2025 · 19:43 FA · 0.045 Fountain Asset Corp.
FA · Price

Executive Summary

  • Fountain Asset Corp. reported a net comprehensive loss of $0.03 M for Q3 2025 versus a loss of $0.71 M in Q3 2024, indicating a material improvement.
  • Net comprehensive income for the nine months ended September 30 2025 was $3.03 M (vs. a loss of $1.65 M year‑over‑year), driven by strong realized gains on portfolio sales and favorable investment activity.
  • NAV increased to $8.56 M ($0.13/share) at September 30 2025, up 44% from the $5.51 M ($0.09/share) reported at year‑end 2024.

Key Details

  • NAV (Q3 2025): $8.56 M ($0.13 per share), essentially unchanged from June 30 2025 ($8.58 M).
  • NAV (9 months): $8.56 M ($0.13/share) vs. $5.51 M ($0.09/share) at December 31 2024 – a 44% YoY increase on a per‑share basis.
  • Net Comprehensive Loss (Q3 2025): $0.03 M vs. $0.71 M loss in Q3 2024.
  • Net Comprehensive Income (9 months): $3.03 M vs. $1.65 M loss for the same period in 2024.
  • Investment Activity – Gains: $0.42 M total gains in Q3 2025 vs. $0.43 M losses in Q3 2024.
  • Realized Gains on Portfolio Sales: $1.48 M in Q3 2025 (vs. $0.06 M in Q3 2024); $3.24 M for the nine‑month period vs. a $0.08 M loss YoY.
  • Unrealized Losses/Gains: Q3 2025 unrealized loss of $1.07 M (vs. $0.50 M loss YoY). Nine‑month unrealized gain of $0.74 M vs. a $0.90 M loss in the prior year.
  • Total Expenses: $0.44 M for Q3 2025 (up from $0.28 M in Q3 2024); $1.02 M for nine months (vs. $0.67 M YoY).
  • Operating Expenses: $0.14 M for Q3 2025 (down from $0.26 M YoY); $0.43 M for nine months (down from $0.65 M YoY).
  • CEO Comment: Andrew Parks highlighted continued realized gains, low operating expenses, and a strategic focus on liquid assets in growing industries.

Notable Quotes

“During Q3/25, Fountain continued generating realized gains, while maintaining low operating expenses. Fountain is focused on establishing an investment portfolio with liquid assets that capture trends in growing industries.” – Andrew Parks, CEO

Read the original news release →

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Earnings