For the nine months ended September 30, 2025, the Group recorded a profit attributable to equity holders of the Company of $13.0 million or Earnings Per Share (EPS) of $0.70 compared to a profit of $10.4 million or EPS of $0.56 in the prior year, representing a 26% increase.
The Group’s financial services businesses, Cave Shepherd Card (Payce Digital), SigniaGlobe Financial Group, Fortress Fund Managers and DGM Financial Group all continue to perform well surpassing both budget and prior year comparative results.
Our travel-retail associate, GCS Limited (Ganzee) performed well and recorded higher revenues and profitability for the period while Pick UP Taxi Inc. continues to show improved profitability with rides significantly up over 2024.
Our investment portfolio at Fortress Fund Managers reported unrealized gains of $1.1 million this year compared to unrealized gains of $0.8 million in the prior year. The year-to-date returns from these US$ mutual funds were 4.8% and 11.2% respectively.
At the end of the reporting period, the Group’s net assets stood at $117.1 million, reflecting an increase from $106.2 million in the prior year. Net cash and liquid assets totalled $39.6 million, compared to $33.8 million in the prior year, underscoring continued balance sheet strength and liquidity. The Board of Directors approved and paid an interim dividend of $0.18 per share, which was paid in August 2025.
Solid progress is being made on two new potential investment opportunities for the Company and we continue with our efforts to explore opportunities for the expansion of our existing businesses in Guyana. The last quarter of the year has traditionally been one of our strongest and we therefore anticipate closing the year with a much-improved overall performance.
https://caveshepherd.com/wp-content/uploads/CSCo-Ltd_Q3-Sept-30-2025.pdf