ThreeD Capital Inc. Releases Results For the Three and Six Months Ended December 31, 2023

TORONTO, Feb. 29, 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 unaudited results as at and for the three and six months ended December 31, 2023.

As at December 31, 2023, the Company had cash, investments and digital assets of $43.2 million.

As at December 31, 2023, net asset value per share was $0.82 as compared to $0.79 as at June 30, 2023. (See “Use of Non-GAAP Financial Measures” elsewhere)

Financial Highlights for the three and six months ending December 31, 2023 with comparatives:

Operating Results
Three months ended December 31,
Six months ended December 31,

 
 
2023
 
 
2022
 
 
2023
 
 
2022
 

Net investment and digital assets gains (losses)
$
(4,251,307
)
$
(200,913
)
$
3,374,507
 
$
(10,631,728
)

Operating, general and administrative expenses
 
(598,753
)
 
(646,771
)
 
(1,521,414
)
 
(1,277,555
)

Net income (loss) for the period
 
(4,600,755
)
 
(672,999
)
 
2,193,938
 
 
(11,704,133
)

Total comprehensive income (loss) for the …

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