- Record Q1 2025 net income of $1,106,501, or $0.01 per share, compared to a loss in Q1 2024.
- Strong 17.1% increase in investment portfolio value; NAV per share rose by 20.7%.
- Over 50% exposure to gold and precious metals, benefiting from a 20% rise in gold prices in 2025.
Olive Resource Capital Inc. (TSXV: OC) reported a robust financial performance for the first quarter of 2025, highlighting a record net income of $1,106,501, or $0.01 per share. This marks a significant turnaround from a net loss of $390,551 in the same period in 2024. The unprecedented performance is underpinned by a notable 17.1% increase in the investment portfolio, which reached $7,518,305 as of March 31, 2025.
The company's net asset value (NAV) per share increased by 20.7% during Q1 2025, reflecting a strategic focus on high-growth segments within its portfolio. Olive Resource Capital's exposure to gold and precious metals, representing over 50% of its portfolio, was a key driver of its success, as gold prices surged by more than 20% in 2025, outperforming seasonal expectations.
Improved balance sheet flexibility has allowed Olive to adopt a more aggressive investment strategy, focusing on high-conviction opportunities. This strategic positioning aims to maximize shareholder value in a favorable gold and broader commodity market environment.
The unrealized gain on investments for Olive Resource Capital during Q1 2025 was $1,273,881, contrasting sharply with an unrealized loss of $295,877 the previous year. This financial trajectory highlights the effectiveness of Olive's investment strategy and its adeptness at navigating market conditions.
