ELYSEE Earns $9,750,354 ($0.34 per share) During the Year Ended December 31, 2025; Net Asset Value Increases by 80% to $21.5 million ($0.76 per share)
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Vancouver, British Columbia--(Newsfile Corp. - April 13, 2026) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the "Company") wishes to announce its audited financial results for the year ended December 31, 2025 ("FY 2025"). All dollar amounts are in Canadian funds unless otherwise noted.
Highlights of Fiscal 2025 results include:
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- Net Asset Value ("NAV") as of December 31, 2025 of $21,486,984 ($0.76 per share), an increase of 80% from $0.42 per share as of December 31, 2024;
- Net income of $ 9,750,354 ($0.34 per share) in FY 2025;
- Net income of $1,433,495 ($0.05 per share) for Q4 2025;
- Reduction in debt and potential dilution through early redemption of $1,685,000 of 8% convertible debentures in December 2025;
- Payment of a dividend of $0.01 per share in November 2025;
- The Company's share price increased by over 70% in 2025; and
- Cash on hand as of December 31, 2025 of $5,115,658.
Selected Financial and Comparative Information:
| Three months ended December 31 | Year ended December 31 | |||
| 2025 | 2024 | 2025 | 2024 | |
| Net investment income (loss) | $2,493,417 | ($22,735) | $11,348,048 | $1,260,642 |
| Total expenses | ($513,226) | (225,656) | ($1,050,998) | ($608,415) |
|
Other Loss (due to early redemption) |
($546,696) | - | ($546,696) | - |
| Net Income (loss) | $1,433,495 | ($248,391) | $9,750,354 | $652,227 |
| Earnings per share | $0.05 | ($0.01) | $0.34 | 0.02 |
| Earnings per share (fully diluted) | $0.05 | ($0.01) | $0.34 | 0.02 |
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