Neptune Digital Assets Corp
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Neptune Digital Assets Corp (NDA) investor relations material

Neptune Digital Assets Corp Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary21 Dec, 2025

Executive summary

  • Achieved record comprehensive net income of $22.8 million for the year ended August 31, 2025, reflecting strong asset growth and strategic investments.

  • Expanded digital asset holdings, notably increasing Bitcoin and Solana positions, and diversified into frontier tech investments such as SpaceX and xAI.

  • Maintained robust capital and a diversified strategy, positioning for future growth in digital assets, AI, space tech, and robotics.

Financial highlights

  • Total assets grew 75% year-over-year to $87.2 million, driven by digital currency holdings rising from $31.3 million to $70.2 million.

  • Gross revenues for the year were $2.2 million, down from $3.1 million in the prior year due to post-halving mining revenue reductions and weaker altcoin prices.

  • Mining revenue was $844,871 (down from $1,759,107), and staking revenue was $936,749 (up from $649,015) year-over-year.

  • Comprehensive income reached $22,751,640, up from $16,242,556 in the prior year.

  • Shareholders' equity increased to $71.6 million from $49.0 million year-over-year.

Outlook and guidance

  • Management anticipates continued growth in digital currency assets and is actively pursuing new opportunities in digital assets, AI, space tech, and robotics.

  • Early-stage investments in SpaceX and xAI are expected to deliver significant returns, especially with a potential $1.5 trillion SpaceX IPO.

Explain the shift to negative working capital?
What drove the comprehensive income increase?
Future role of non-digital asset investments?
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Frequently asked questions

Neptune Digital Assets Corp. is a Canadian company that operates within the blockchain sector. It focuses on owning and managing digital currency infrastructure assets across a broad spectrum of the digital asset ecosystem. The company's activities encompass Bitcoin mining, proof-of-stake mining, operating blockchain nodes, engaging in decentralized finance (DeFi), and investing in other blockchain technologies. A notable aspect of its Bitcoin mining operations is the emphasis on using renewable energy sources such as solar, hydro, and wind, highlighting its commitment to green Bitcoin mining. The company is headquartered in Vancouver, British Columbia, and its shares are listed on the TSX.

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