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Neptune Digital Assets Corp (NDA) investor relations material
Neptune Digital Assets Corp Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported total assets of $76.6 million and shareholders' equity of $59.0 million as of May 31, 2026.
Digital currency holdings valued at $47.5 million; equity investments, mainly SpaceX, at $24.7 million.
Holds 424 Bitcoin (approx. $38.2 million) and 36,500 Solana, generating recurring staking rewards.
Comprehensive loss of $13.8 million for the nine months ended May 31, 2026, mainly due to a $25.9 million non-cash fair-value adjustment on digital currencies, partially offset by a $12.5 million unrealized gain on equity investments.
Strategic investments include Polymarket and new public listings for SpaceX and Ionic Digital.
Financial highlights
Nine-month revenue totaled $758 thousand: $238 thousand from Bitcoin mining and $520 thousand from staking.
Direct mining expenses were $270,638; general expenses $793,555; finance costs $80,155.
Depreciation and stock-based compensation were $88,762 and $138,365, respectively.
Realized gain on settlements and sales was $543,684; revaluation loss on digital currencies was $25.9 million.
Unrealized gain on equity investments reached $12.5 million.
Outlook and guidance
Management remains focused on long-term shareholder value through disciplined accumulation and yield generation.
Strong balance sheet and access to a $25 million revolving credit facility provide financial flexibility.
- All AGM resolutions passed, including director elections and share plan approval.NDA
AGM 2025 - Net income surged to $17.1 million with 54% asset growth, driven by digital asset gains.NDA
Q4 2024 - Total assets fell to $68.4M, but Bitcoin holdings rose to 420 BTC (~$45M) in Q2 2026.NDA
Q2 2026 - Strategic xAI investment completed; assets and revenues declined amid digital asset market weakness.NDA
Q1 2026 - Record net income and asset growth fueled by digital assets and frontier tech investments.NDA
Q4 2025 - Net income of $24.6M and 62% asset growth highlight robust digital asset expansion.NDA
Q3 2025 - Record net income and asset growth fueled by digital asset gains and conservative management.NDA
Q3 2024 - $17.4M net income and 43% asset growth highlight Neptune's strong digital asset strategy.NDA
Q2 2025 - Record net income and rapid asset growth position Neptune for continued digital asset leadership.NDA
Q1 2025
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