TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (“Stack Capital” or the “Company”) (TSX:STCK, TSX:STCK) today announced its financial results for the quarter ended June 30, 2025. Stack Capital reports all amounts in Canadian Dollars unless otherwise stated.

Company Commentary:

  • As at June 30, 2025, Book Value per Share (BVpS) of the Company was $14.34, compared with $12.06 as at March 31, 2025.
  • Stack Capital had its first portfolio investment, CoreWeave (an AI hyper-scaler), go public on March 28, 2025, an exciting milestone for both the Company and CoreWeave. As of June 30, 2025, the Company marked up its investment in CoreWeave by US$25.7 million to reflect its closing price of US$163.06.
  • During Q2-2025, The Company invested an additional US$3M into SpaceX. Following the quarter-end, SpaceX’s valuation has increased from US$350 billion to US$400 billion.
  • SpaceX News
    • Surpassed 500 Falcon launches, cementing its position as the global leader in reusable rocket technology.
    • Received FAA approval to scale Starship launch capacity from 5 to 25 flights per year, supporting long-term Mars ambitions.
  • Canva News
    • Launched Visual Suite 2.0 at Canva Create 2025—its most significant product update—positioning Canva as a full-stack visual productivity platform for teams and enterprises.
    • Partnered with Keller Williams, rolling out Canva tools to over 170,000 real estate agents as part of its growing enterprise focus.
  • Hopper News
    • Expanded its B2B travel ecosystem through new partnerships with Frontier Airlines, Lotte Card (South Korea), and Virgin Australia, reinforcing global traction and enterprise momentum.

“We’re seeing a robust IPO environment alongside strong momentum in the private markets – particularly among disruptive companies in AI, LLMs, and robotics,” said Jeff Parks, CEO of Stack Capital Group Inc. “These market dynamics continue to create attractive opportunities, and we remain focused on backing category-leading businesses with the potential to deliver meaningful, long-term value for our shareholders.”

  • As at June 30, 2025, the Book Value of the Company was $157.6 million, and the Book Value per Share was $14.34. A detailed summary of Book Value per Share is as follows:
   
Breakdown of Book Value per Share as at June 30, 2025:  
CoreWeave, Inc. (AI hyper-scaler) $ 4.25  
SpaceXi (space exploration & satellite communications)   2.47  
Locus Robotics, Inc. (autonomous robots)   1.26