Findev Inc. reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported net income was CAD 0.17778 million compared to CAD 0.631363 million a year ago. Basic earnings per share from continuing operations was CAD 0.006 compared to CAD 0.022 a year ago. Diluted earnings per share from continuing operations was CAD 0.006 compared to CAD 0.022 a year ago.
For the nine months, net loss was CAD 1.02 million compared to net income of CAD 1.79 million a year ago. Basic loss per share from continuing operations was CAD 0.036 compared to basic earnings per share from continuing operations of CAD 0.063 a year ago. Diluted loss per share from continuing operations was CAD 0.036 compared to diluted earnings per share from continuing operations of CAD 0.063 a year ago.
Findev Inc. is a Canada-based is real estate financing company. The Company is engaged in providing real estate financing secured by investment properties and real estate developments. The Company focuses on lending to residential and retail development projects within the Greater Toronto Area (GTA). The Companyâs investment portfolio on real estate projects includes condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.