ThreeD Capital Inc. Releases Results for the Year Ended June 30, 2024

TORONTO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. ("ThreeD" or the "Company") (CSE:IDK, OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its audited annual results for the year ended June 30, 2024.

As at June 30, 2024, the Company had cash, investments and digital assets of $55.2 million.

As at June 30, 2024, net asset value per share was $0.86 as compared to $0.79 as at June 30, 2023. (See "Use of Non-GAAP Financial Measures" elsewhere)

Financial Highlights for the year ended June 30, 2024 with comparatives:

 

 

 

Operating Results

June 30, 2024

 

June 30, 2023

Net investment and digital assets gains (losses)

$

(6,259,447

)

 

$

(9,378,547

)

Operating, general and administrative expenses

 

(4,257,862

)

 

 

(3,206,217

)

Net income (loss) for the period

 

4,017,533

 

 

 

(12,292,559

)

Total comprehensive income (loss) for the period

 

4,016,934

 

 

 

(12,293,033

)