The earnings call reflects a strong overall performance with significant gains from key investments like Equitix and Ripple Labs, contributing to a robust NAV per share return and ROE. However, challenges persist in the bank loans and real estate segments, along with a high net debt position.

Company Guidance -

Q2 2025

In the Tetragon 2025 Half Yearly Investor Call, the company provided detailed guidance on several key financial metrics. For the first half of 2025, the fully diluted NAV per share was $38.74, reflecting a 10% NAV per share total return. Tetragon's annualized NAV per share total return since its 2007 IPO stands at 11%. The company also reported a return on equity (ROE) of 12.2% for the period, exceeding their six-month target of 5% to 7.5%, with an average annual ROE since IPO of 11.8%. A dividend of $0.22 year-to-date was declared, indicating a yield of approximately 2.7% based on a quarter-end share price of $16.15. The NAV bridge showed an increase in NAV per share due to $5.95 in investment income, offset by $1.52 in operating expenses and fees, and $0.14 in interest expenses. Tetragon's diverse portfolio included gains of $540 million, primarily driven by investments in Equitix, Ripple Labs, and a Hawke's Point fund. The company continues to focus on long-term value creation through strategic investments and maintaining a strong alignment of interest with shareholders.

Strong NAV Per Share Total Return

Tetragon reported a NAV per share total return of 10% for the first half of 2025, significantly above its target range of 5% to 7.5% for a 6-month period.

Positive Return on Equity

The company achieved a positive ROE of 12.2% for the first half of 2025, outperforming its target range of 10% to 15% per annum over cycles.

Equitix Investment Gains

Equitix contributed a significant profit of $409 million to Tetragon's results, driven by higher valuations and foreign exchange gains.

Ripple Labs Investment Gains

Tetragon's investment in Ripple Labs generated $118 million in gains, driven by a tender offer and an increase in Ripple's share price.

Hawke's Point Performance

Hawke's Point, focusing on resources, generated gains of $63 million, with significant contributions from an Australian gold mining company.

Tetragon Financial (GB:TFG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:TFG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 29, 2025	2025 (Q2)	- / 4.36	0.381	1043.04% (+3.97)	―	―
Mar 05, 2025	2024 (Q4)	- / 3.90	1.23	217.15% (+2.67)	―	―
Oct 29, 2024	2024 (Q3)	- / -	0.47	―	―	―
Jul 31, 2024	2024 (Q2)	- / 0.38	0.47	-18.94% (-0.09)	―	―
Mar 04, 2024	2023 (Q4)	- / 1.23	1.372	-10.35% (-0.14)	―	―
Oct 31, 2023	2023 (Q3)	- / -	-1.676	―	―	―
Jul 31, 2023	2023 (Q2)	- / 0.47	-1.676	128.04% (+2.15)	―	―
Mar 03, 2023	2022 (Q4)	- / 1.37	4.319	-68.23% (-2.95)	―	―
Jul 29, 2022	2022 (Q2)	- / -1.68	0.358	-568.16% (-2.03)	―	―
Mar 07, 2022	2021 (Q4)	- / 4.32	2.767	56.09% (+1.55)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:TFG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$16.89	$16.89	0.00%
Mar 05, 2025	$15.07	$15.27	+1.33%
Oct 29, 2024	$11.98	$12.28	+2.50%
Jul 31, 2024	$9.84	$9.84	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tetragon Financial (GB:TFG) report earnings?

Tetragon Financial (GB:TFG) is schdueled to report earning on Jul 29, 2025, Before Open (Confirmed).

What is Tetragon Financial (GB:TFG) earnings time?

Tetragon Financial (GB:TFG) earnings time is at Jul 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Tetragon Financial stock?

The P/E ratio of Tetragon Financial is N/A.

What is GB:TFG EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing