Neptune Reports Robust Growth, Strategic Expansion and Comprehensive Net Income of $24.6 Million for the Nine Months Ended May 31, 2025
Neptune Digital Assets (OTCQB: NPPTF) reported strong financial results for the nine months ended May 31, 2025, with total assets growing 62% to $82.2 million from August 31, 2024. The company's digital currency holdings more than doubled to $64.9 million, including 405 Bitcoin valued at $65.8 million and 35,460 Solana tokens.
The company achieved comprehensive income of $24.6 million, with gross revenues of $1.8 million from mining, staking, and DeFi activities. Neptune's strategic investments include an $8.2 million stake in SpaceX, and it maintains a $25.0 million revolving credit line with Sygnum Bank, of which $6.4 million is currently drawn.
Neptune Digital Assets (OTCQB: NPPTF) ha riportato risultati finanziari solidi per i nove mesi terminati il 31 maggio 2025, con un aumento del totale degli asset del 62%, raggiungendo 82,2 milioni di dollari rispetto al 31 agosto 2024. Le partecipazioni in valute digitali della societ脿 sono pi霉 che raddoppiate, arrivando a 64,9 milioni di dollari, comprensive di 405 Bitcoin valutati 65,8 milioni di dollari e 35.460 token Solana.
La societ脿 ha realizzato un reddito complessivo di 24,6 milioni di dollari, con ricavi lordi di 1,8 milioni di dollari derivanti da attivit脿 di mining, staking e DeFi. Gli investimenti strategici di Neptune includono una partecipazione da 8,2 milioni di dollari in SpaceX, e mantiene una linea di credito revolving da 25,0 milioni di dollari con Sygnum Bank, di cui attualmente sono stati utilizzati 6,4 milioni di dollari.
Neptune Digital Assets (OTCQB: NPPTF) report贸 s贸lidos resultados financieros para los nueve meses terminados el 31 de mayo de 2025, con un crecimiento del total de activos del 62% hasta 82,2 millones de d贸lares desde el 31 de agosto de 2024. Las tenencias de monedas digitales de la compa帽铆a m谩s que se duplicaron, alcanzando 64,9 millones de d贸lares, incluyendo 405 Bitcoin valorados en 65,8 millones de d贸lares y 35.460 tokens Solana.
La compa帽铆a logr贸 un ingreso integral de 24,6 millones de d贸lares, con ingresos brutos de 1,8 millones de d贸lares provenientes de miner铆a, staking y actividades DeFi. Las inversiones estrat茅gicas de Neptune incluyen una participaci贸n de 8,2 millones de d贸lares en SpaceX, y mantiene una l铆nea de cr茅dito revolvente de 25,0 millones de d贸lares con Sygnum Bank, de la cual actualmente se han utilizado 6,4 millones de d贸lares.
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Neptune Digital Assets (OTCQB : NPPTF) a publi茅 des r茅sultats financiers solides pour les neuf mois se terminant le 31 mai 2025, avec une croissance totale des actifs de 62 % pour atteindre 82,2 millions de dollars depuis le 31 ao没t 2024. Les avoirs en monnaies num茅riques de l'entreprise ont plus que doubl茅, atteignant 64,9 millions de dollars, comprenant 405 Bitcoins 茅valu茅s 脿 65,8 millions de dollars et 35 460 tokens Solana.
L'entreprise a r茅alis茅 un r茅sultat global de 24,6 millions de dollars, avec des revenus bruts de 1,8 million de dollars provenant des activit茅s de minage, staking et DeFi. Les investissements strat茅giques de Neptune incluent une participation de 8,2 millions de dollars dans SpaceX, et elle dispose d'une ligne de cr茅dit renouvelable de 25,0 millions de dollars aupr猫s de la Sygnum Bank, dont 6,4 millions de dollars sont actuellement utilis茅s.
Neptune Digital Assets (OTCQB: NPPTF) meldete starke Finanzergebnisse f眉r die neun Monate bis zum 31. Mai 2025, mit einem Gesamtverm枚genszuwachs von 62 % auf 82,2 Millionen US-Dollar gegen眉ber dem 31. August 2024. Die digitalen W盲hrungsbest盲nde des Unternehmens haben sich mehr als verdoppelt und belaufen sich auf 64,9 Millionen US-Dollar, darunter 405 Bitcoin im Wert von 65,8 Millionen US-Dollar sowie 35.460 Solana-Token.
Das Unternehmen erzielte ein Gesamtergebnis von 24,6 Millionen US-Dollar mit Bruttoeinnahmen von 1,8 Millionen US-Dollar aus Mining-, Staking- und DeFi-Aktivit盲ten. Zu Neptunes strategischen Investitionen geh枚rt eine Beteiligung in H枚he von 8,2 Millionen US-Dollar an SpaceX, und es unterh盲lt eine revolvierende Kreditlinie von 25,0 Millionen US-Dollar bei der Sygnum Bank, von der derzeit 6,4 Millionen US-Dollar in Anspruch genommen werden.
- Total assets increased 62% to $82.2 million
- Digital currency holdings more than doubled to $64.9 million
- Comprehensive income of $24.6 million for the period
- Bitcoin holdings grew to 405 BTC with favorable average cost of US$33,011
- Solana position expanded to 35,460 SOL from initial 26,964
- Strategic SpaceX investment valued at $8.2 million
- Mining revenue declined to $667K from $1.5M year-over-year
- Working capital decreased to $3.1M from $11.7M
- Total liabilities increased significantly to $7.9M from $806K
- Cash and receivables dropped to $1.4M from $6.4M
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain leader in Canada, is pleased to announce the release of its condensed consolidated interim financial statements and management discussion and analysis for the nine months ended May 31, 2025.
Neptune has reported robust financial and operational growth through May 31, 2025, underscoring its strategic focus on digital assets and transformative investments:
- Total Assets Grew to
$82.2 Million
As at May 31, 2025, a
- Bitcoin Holdings Strengthened
Neptune's current Bitcoin treasury grew to approximately 405 Bitcoin (BTC), valued at
- Solana Position Expanded
Current holdings total 35,460 Solana (SOL), up from an initial 26,964 SOL at an average cost of US
- Revenue Update
Gross revenues for nine months ended May 31, 2025, reached
- Top Digital Asset Holdings
Neptune's largest positions are 405 BTC, 35,457 SOL, and 216,814 ATOM, alongside diversified positions in ETH, DOGE, DOT, S (formerly FTM), DASH, GRT, OCEAN, and others.
- Adding to Strategic Investments in SpaceX
Neptune continues to expand its stake in frontier industries beyond blockchain, such as acquiring ownership of SpaceX shares. The Company's shares of SpaceX are valued at approximately
- Liquidity Update
Neptune maintains a US
"With Bitcoin recently reaching new all-time highs and the U.S. GENIUS Act establishing a federal framework for stablecoins, Neptune's strategic positioning and asset expansion are aligned with the most significant developments in the digital asset sector to date," said Cale Moodie, Neptune's CEO. "As the digital asset ecosystem enters a new phase of mainstream integration, Neptune remains well-capitalized, strategically diversified, and poised to benefit from the expanding global demand for blockchain-based financial infrastructure."
Operating and Financial Overview | |||||||
($CAD) | |||||||
For the nine months ended | May 31, 2025 | May 31, 2024 | |||||
Mining revenue | 666,970 | 1,539,179 | |||||
Staking revenue | 726,881 | 419,003 | |||||
Direct mining expenses (not incl. depreciation) | (662,841 | ) | (1,175,078 | ) | |||
Other income* | 404,416 | 513,392 | |||||
Total earnings | 1,135,426 | 1,296,496 | |||||
Depreciation** | 138,365 | 215,386 | |||||
Stock based compensation** | - | 234,894 | |||||
General expenses | 1,666,215 | 1,244,186 | |||||
AG真人官方ized gain on settlements and sales | 966,491 | 153,914 | |||||
Revaluation gain on digital currencies*** | 22,119,466 | 20,619,885 | |||||
Unrealized gain related to equity investments | 2,138,612 | 4,442,156 | |||||
Comprehensive income for the period | 24,555,415 | 24,817,985 | |||||
Financial Position | |||||||
($CAD) | |||||||
As at | May 31, 2025 | August 31, 2024 | |||||
Cash and receivables | 1,413,645 | 6,398,130 | |||||
Total digital assets | 64,863,281 | 31,288,165 | |||||
Total other assets | 15,935,427 | 13,004,152 | |||||
Total liabilities | 7,888,361 | 805,904 | |||||
Total shareholders' equity | 74,323,992 | 49,884,543 | |||||
Working capital**** | 3,122,927 | 11,714,173 | |||||
* All non-Bitcoin mining, non-Staking revenue, and non-DeFi revenue generating activities | |||||||
** Non-cash items, including depreciation of mining rigs | |||||||
*** Revaluation is calculated as the change in value (gain or loss) on digital currencies. When digital currencies are sold, the net difference between the proceeds received and the cost of the digital currencies determined on a First-in, First-out basis, is recorded as a gain (loss) on the sale of digital currencies | |||||||
**** Current assets less current liabilities |
About Neptune Digital Assets Corp.
Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at or follow us on Twitter ().
ON BEHALF OF THE BOARD
Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This release contains certain "forward-looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements in this news release include, extrapolating continued growth in digital currency assets based on past results, Bitcoin holdings and value will continue to increase, the Company will complete option trades to acquire additional Solana and completing investments into sectors other than blockchain, Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.
The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
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