Torrent Capital Reports Final Q3 2026 Financial Results and Net Asset Value
Key Highlights
- ➤Q3 loss $4.5 million, or $0.12 per share, versus $4.7 million income
- ➤NAV $28.6 million, or $0.75 per share, down from $33.1 million
- ➤Realized investment gains reached $4.1 million, or $0.11 per share
- ➤Cash and equivalents fell to $4.7 million from $6.9 million
- ➤Due diligence expected to increase costs and professional fees over three to four quarters
Expert Statements
Wade Dawe, Chief Executive Officer of Torrent Capital Ltd.
“Our investment horizon extends beyond this downturn and we see substantial growth potential in our portfolio holdings”
Wade Dawe, Chief Executive Officer of Torrent Capital Ltd.
“Our business development work reflects that same outlook, as we commit resources to evaluating high-impact opportunities with the aim of building value for Torrent shareholders.”
Halifax, Nova Scotia--(Newsfile Corp. - November 4, 2026) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced its final unaudited financial results for the third quarter ended September 30, 2026. The Company reported a net and comprehensive loss of $4.5 million, or $0.12 per share, for the third quarter. At September 30, 2026, the Company's net asset value ("NAV") was $28.6 million, or $0.75 per share, compared with $33.1 million, or $0.87 per share, at June 30, 2026.
Net and Comprehensive loss: $4.5 million, equivalent to $0.12 per share, compared with income of $4.7 million or $0.13 per share in Q3 2025.
Get started
Create a free account to read the full story.