tiprankstipranks
Quinsam Capital Reports Growth and Strategic Focus
Company Announcements

Quinsam Capital Reports Growth and Strategic Focus

Quinsam Capital (TSE:QCA) has released an update.

Don't Miss Our Christmas Offers:

Quinsam Capital Corporation has reported a modest increase in Q1/2024 net income to $0.5 million, up from $0.4 million in the same period last year, with notable contributions from investments in California Nanotechnologies and Vitalhub. The company’s net assets per share stand at approximately $0.13, and while no new investments were made in the quarter, efforts to dispose of legacy assets are ongoing. Despite an inactive issuer bid due to a blackout period, Quinsam has a history of share repurchase and cancellation, signaling ongoing efforts to enhance shareholder value.

For further insights into TSE:QCA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskQuinsam Capital Optimistic Despite Q2 Losses
TipRanks Canadian Auto-Generated NewsdeskQuinsam Capital Optimistic Despite Q4 Losses
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App