The Canadian investment firm reported a 6.6% increase in net asset value per share for Q1 2026 amid lower investment income.
Elysee Development reported a GAAP earnings per share of $0.07 for Q1 2026, matching its dividend payout of 2 cents per share. Total investment income declined to $2,087,775 from $2,124,739 in the same period last year.
Net asset value per share rose to $0.81 as of March 31, 2026, up from $0.76 at the end of December 2025. The company held $6,584,108 in cash at quarter-end, providing liquidity for future investments.
The results reflect modest growth in NAV despite a slight dip in investment income year-over-year.