)
The Western Investment Company of Canada (WI) investor relations material
The Western Investment Company of Canada Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Gross written premiums increased by 4% year-over-year, reflecting growth in insurance operations.
Net income for the quarter was $509,000, or $0.003 per share, compared to $752,000, or $0.005 per share, in the prior year.
Insurance revenue rose to $10.3 million from $8.5 million year-over-year, driven by multi-year coverage products.
Additional $1.0 million gain recognized on the sale of GlassMasters, bringing total gain to $15.4 million.
Financial highlights
Combined ratio improved to 80.4% for the quarter, mainly due to a strong loss ratio.
Cash and investments grew by 2% to $87.3 million; shareholders' equity increased by 1% to $78.6 million.
Income from equity-accounted investments decreased to $0.3 million from $0.8 million due to the sale of GlassMasters.
Fortress Insurance reported a net investment loss of $0.1 million, down from net investment income of $0.1 million year-over-year.
Outlook and guidance
Management is focused on identifying and investing in high-quality, entrepreneurial insurance businesses.
Actively progressing a robust pipeline of potential acquisition and partnership opportunities.
- GlassMasters sale drove a $14.4M gain, lifting Q1 net income and supporting future growth.WI
Q1 2026 - Fortress Insurance drove 44% premium growth as core businesses rebounded in summer 2024.WI
Q2 2024 - Third quarter income surged, Fortress premiums doubled, and insurance transition advanced.WI
Q3 2024 - 2025 saw strong portfolio growth and a major asset sale, despite a net loss from one-time items.WI
Q4 2025 - Q2 2025 net income surged on premium growth and improved segment performance, despite one-time costs.WI
Q2 2025 - Q3 net income up 15%, with strong insurance growth and mixed segment results.WI
Q3 2025 - Q1 2025 saw higher net loss but strong insurance and segment growth, with improved loss ratios.WI
Q1 2025 - Net income surged on Fortress Insurance acquisition as Western pivots to insurance focus.WI
Q4 2024
Next The Western Investment Company of Canada earnings date
Next The Western Investment Company of Canada earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage