An announcement from Consolidated First Fund Capital ( (TSE:FFP) ) is now available.
Consolidated Firstfund Capital Corp. reported a net loss of $72,015 for the fourth quarter of 2024, a significant downturn from the previous year’s net income. The company also faced an unrealized net loss of $108,130 due to the revaluation of investments in Vitality Products Inc. Despite these losses, Firstfund experienced an increase in fee income, reflecting its ongoing activities in financial consulting and real estate development. This financial performance may impact the company’s market positioning and stakeholder confidence as it continues to explore new investment opportunities.
More about Consolidated First Fund Capital
Consolidated Firstfund Capital Corp. is a venture capital company primarily engaged in financial consulting related to real estate development and venture capital activities in Canada and the United States. Listed on the TSX Venture Exchange, Firstfund invests in both private and publicly traded companies and earns fee income from real estate development and property management activities.
Average Trading Volume: 10,500
Technical Sentiment Signal: Sell
Current Market Cap: C$1.54M
Learn more about FFP stock on TipRanks’ Stock Analysis page.