Elysee Development Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Elysee Development Corp
Perm ID: 1-4295861648
https://www.elyseedevelopment.com/
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ELYSEE Earns $652,227 During the Year Ended December 31, 2024
Elysee Development Corp. reported a net profit of $652,227 for FY 2024, a turnaround from a loss in FY 2023. They had a NAV of $0.42 per share, increased cash reserves, and recorded total investment income of $1,260,642. Administrative expenses rose due to new debenture costs.
Elysee Announces Results for the Nine Months Ended September 30, 2024
Elysee Development Corp. has announced its unaudited financial results for Q3 2024, showing significant financial growth compared to the same period in the previous year. The net income was $963,981, compared to a net loss of $1,400,850 in Q3 2023, and total investment income was $1,119,668, compared to a loss of $1,306,361 in the same period in 2023. Net Asset Value per share increased to $0.43, up from $0.39, and cash on hand rose to $1,961,829, up from $849,798. The increase in value was primarily due to the strong performance of the company's portfolio
