Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Earnings

Strategem Capital earns $400,000 in 2025

SGE · Price

Executive Summary

  • Strategem Capital Corp. reported FY 2025 net asset value (NAV) of $1.19 per share, down from prior levels, with common shares trading at $0.41 on Feb 24 2026.
  • Net income fell 33% year‑over‑year to $400,000 ($0.05 EPS), driven by lower earnings despite a $800,000 unrealized investment gain offset by a $10,000 loss on sale of an investment.
  • The company deployed 92% of capital into short‑term investments, holds $900,000 cash, and must meet a public‑shareholder listing requirement by June 30 2026.

Key Details

  • NAV per share (Dec 31 2025): $1.19 (CAD).
  • Common share price (Feb 24 2026): $0.41.
  • Capital deployment: 92% in short‑term investments; cash balance $900,000.
  • Total revenue FY 2025: $900,000, comprising:
  • Interest & dividend income: $200,000
  • Unrealized gain on investments: $800,000
  • Loss on sale of investment: $(10,000)
  • Net income FY 2025: $400,000 (EPS $0.05) vs. prior year $600,000 (EPS $0.07).
  • No shares purchased under the Normal Course Issuer Bid (NCIB); NCIB expired Oct 14 2025.
  • Extension granted to meet continued listing requirements; deadline June 30 2026 to maintain required number of public shareholders holding ≥500 unrestricted shares.
  • Management tasked with actions to narrow valuation gap between NAV and market price.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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