Wilmington Cap A NV ( ($TSE:WCM.A) ) just unveiled an update.
Wilmington Capital Management Inc. reported a net loss of $0.9 million for the fourth quarter of 2024, but a net income of $0.4 million for the entire year. The company has been actively monetizing its investments since August 2023, simplifying its business model, and returning capital to shareholders, including a dividend and capital return of $2.75 per share in May 2024. With approximately $36 million in cash, Wilmington is exploring options to provide further liquidity to shareholders, which may involve scaling its public platform or other strategies.
More about Wilmington Cap A NV
YTD Price Performance: -9.09%
Average Trading Volume: 825
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$30.63M
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