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TORONTO, July 30, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company“, (“Hampton” or the “Company“, TSXV:HFC) today announced its financial results for the 3rd quarter ended May 31st, 2025.
Third Quarter ended May 31st, 2025.
IFRS results highlights:
- Q3 Revenue of $1,738,000; decrease of 39% year-over-year
- Q3 Net Loss of $(1,201,000) or $(0.02) per share;
Fiscal results (IFRS results adjusted for non-cash Items) highlights:
- Q3 Adjusted Net Loss of $(945,000) or $(0.02) per share;
- Q3 EBITDA of $(686,000) vs $305,000 in the comparative quarter last year
Summary of Corporate Developments:
While our 3rd quarter results reflect continued weakness, results for the 9 months ended May 31st show signs of improvement which is being felt across across the Capital Markets industry. Corporate finance is improving slightly over the first half of our fiscal year but is still well below 2023/24 levels. While 2025 is showing some signs of improvement, the year ahead for our core business remains somewhat unclear. That said we intend to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management and Capital Markets businesses.
Hampton’s commercial lending business, via its wholly owned subsidiary Oxygen Working Capital (“OWC”), has begun to show growth and make progress across a number of fronts, while onboarding new clients and diversifying it’s lending base. With further opportunities to lend across its existing portfolio currently being evaluated, the balance of the year is set to show similar signs of progress as the loan book continues to grow quarter over quarter.
“The third quarter results continue to demonstrate the industry-wide challenges faced during the fall of 2024, but we are beginning to see some selective improvements. Capital Markets activities continue to improve slowly as interest rates decline. We remain optimistic for the balance of the fiscal year,” said Hampton Executive Chairman & CEO Peter Deeb.
Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis …