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The Western Investment Company of Canada (WI) investor relations material
The Western Investment Company of Canada Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary26 Aug, 2025
Executive summary
Report covers unaudited results for the six months ended June 30, 2025, with no auditor review performed.
Fortress Insurance became a wholly owned subsidiary as of October 1, 2024, and its results are now consolidated.
The company operates in property and specialty insurance, and holds significant equity interests in several associates.
Financial highlights
Total assets increased to $112.2M from $103.7M at December 31, 2024.
Net loss for the six months was $(246,860), compared to $(371,145) for the same period last year.
Insurance revenue for the period was $16.7M, with insurance service expenses of $13.5M.
Total comprehensive loss for the period was $(261,356).
Cash and cash equivalents at period end were $42.6M.
Outlook and guidance
Subsequent to period end, a new CFO was appointed and 1.67M RSUs were granted, subject to approvals.
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