Pinetree Capital Ltd Announces Audited Financial Results For The Year Ended December 31, 2023
Pinetree Capital Ltd Announces Audited Financial Results For The Year Ended December 31, 2023
TORONTO, ON / ACCESSWIRE / February 29, 2024 / Pinetree Capital Ltd. (TSX:PNP) ("Pinetree" or the "Company") today announced its financial results for the year ended December 31, 2023. All figures provided in this press release are in $000 except per share amounts and shares outstanding.
安大略省多伦多/ACCESSWIRE/2024年2月29日/Pinetree Capital Ltd.（多伦多证券交易所股票代码：PNP）（“Pinetree” 或 “公司”）今天公布了截至2023年12月31日的年度财务业绩。本新闻稿中提供的所有数据均以000美元计，每股金额和已发行股票除外。
Financial results for the three months and year ended December 31, 2023
截至2023年12月31日的三个月和年度的财务业绩
The following information should be read in conjunction with our annual audited Consolidated Financial Statements, prepared in accordance with International Financial Reporting Standards ("IFRS") and our annual Management Discussion and Analysis for the year ended December 31, 2023, which can be found on SEDAR at .
以下信息应与我们的年度经审计的合并财务报表一起阅读，该报表是根据国际财务报告准则（“IFRS”）和截至2023年12月31日的年度管理层讨论和分析编制的，该报告可在SEDAR上找到，网址为。
Selected Financial Information
精选财务信息
| As at December 31, 2023 | As at December 31, 2022 | |||||||
Total assets |
$ | 45,749 | $ | 40,062 | ||||
Total liabilities |
377 | 443 | ||||||
Book Value |
45,372 | 39,619 | ||||||
Shares outstanding |
9,387,000 | 9,387,000 | ||||||
Book Value per share (BVPS) |
$ | 4.83 | $ | 4.22 | ||||
| 截至2023年12月31日 | 截至2022年12月31日 | |||||||
总资产 |
$ | 45,749 | $ | 40,062 | ||||
负债总额 |
377 | 443 | ||||||
账面价值 |
45,372 | 39,619 | ||||||
已发行股票 |
9,387,000 | 9,387,000 | ||||||
每股账面价值 (BVPS) |
$ | 4.83 | $ | 4.22 | ||||
| Shares Outstanding | Equity | Book Value per share (BVPS)1 | Quarterly Expenses | Expenses as a percentage of BV1 | |||||||||||
| $000's | $ | $000's | % | ||||||||||||
Dec-31-23 |
9,387,000 | 45,372 | 4.83 | 148 | 0.3 | ||||||||||
Sep-30-23 |
9,387,000 | 41,399 | 4.41 | 190 | 0.5 | ||||||||||
Jun-30-23 |
9,387,000 | 42,111 | 4.49 | 260 | 0.6 | ||||||||||
Mar-31-23 |
9,387,000 | 39,056 | 4.16 | 283 | 0.7 | ||||||||||
Dec-31-22 |
9,387,000 | 39,619 | 4.22 | 275 | 0.7 | ||||||||||
Sep-30-22 |
9,387,000 | 36,550 | 3.89 | 293 | 0.8 | ||||||||||
Jun-30-22 |
9,387,000 | 37,644 | 4.01 | 230 | 0.6 | ||||||||||
Mar-31-22 |
9,387,000 | 35,779 | 3.81 | 337 | 0.9 |
| 已发行股票 | 公平 | 每股账面价值 (BVPS)1 | 季度开支 | 支出占BV的百分比1 | |||||||||||
| 000 美元 | $ | 000 美元 | % | ||||||||||||
12 月 31 日至 23 日 |
9,387,000 | 45,372 | 4.83 | 148 | 0.3 | ||||||||||
9 月 30 日至 23 日 |
9,387,000 | 41,399 | 4.41 | 190 | 0.5 | ||||||||||
6 月 30 日至 23 日 |
9,387,000 | 42,111 | 4.49 | 260 | 0.6 | ||||||||||
3 月 31 日至 23 日 |
9,387,000 | 39,056 | 4.16 | 283 | 0.7 | ||||||||||
12 月 31 日至 22 日 |
9,387,000 | 39,619 | 4.22 | 275 | 0.7 | ||||||||||
9 月 30 日至 22 日 |
9,387,000 | 36,550 | 3.89 | 293 | 0.8 | ||||||||||
6 月 30 日至 22 日 |
9,387,000 | 37,644 | 4.01 | 230 | 0.6 | ||||||||||
3 月 31 日至 22 日 |
9,387,000 | 35,779 | 3.81 | 337 | 0.9 |
1 Refer to "Use of Non-IFRS Financial Measures"
Shares Outstanding and Equity amounts are as at the Quarter End date. Expense amounts are for the Three months ending the Quarter End date
1 请参阅 “使用非国际财务报告准则财务指标”
已发行股票和权益金额截至季度末日期。支出金额是截至季度结束日期的三个月的支出金额
As at December 31, 2023, Pinetree's equity was $45,372 which compares to $39,619 as at December 31, 2022. This resulted in Pinetree's BVPS increasing from $4.22 as at December 31, 2022 to $4.83 as at December 31, 2023. The change represents an increase of $0.61 or 15%.
截至2023年12月31日，Pinetree的股权为45,372美元，而截至2022年12月31日的股权为39,619美元。这导致Pinetree的BVPS从2022年12月31日的4.22美元增加到2023年12月31日的4.83美元。这一变化意味着增加了0.61美元，增长了15％。
As at December 31, 2023, the Company held investments at fair value totaling $43,448 which represented 96% of book value. This compares to investments at fair value of $33,905 representing 86% of book value as at December31, 2022.
截至2023年12月31日，公司持有的公允价值投资总额为43,448美元，占账面价值的96％。相比之下，截至2022年12月31日，按公允价值计算的投资为33,905美元，占账面价值的86％。
Total expenses for the twelve months ended December 31, 2023 were $896 which corresponds to 1.9% of book value as at December 31, 2023. This compares to total expenses of $1,135 for the twelve months ended December 31, 2022 which corresponds to 2.9% of book value as at December 31, 2022. Included in expenses are foreign exchange fluctuations resulting from cash balances held in currencies other than Canadian Dollars.
截至2023年12月31日的十二个月的总支出为896美元，相当于截至2023年12月31日账面价值的1.9％。相比之下，截至2022年12月31日的十二个月的总支出为1,135美元，相当于截至2022年12月31日账面价值的2.9％。支出中包括以加元以外货币持有的现金余额产生的外汇波动。
|
Three months ended December 31, |
Year ended December 31, |
|||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
Net investment gains |
3,990 | 3,247 | 6,055 | 1,884 | ||||||||||||
Other income |
131 | 68 | 594 | 405 | ||||||||||||
Total expenses |
(148) | (246) | (896) | (1,109) | ||||||||||||
Net income (loss) |
3,973 | 3,069 | 5,753 | 1,180 | ||||||||||||
Earnings (loss) per share - basic & fully diluted |
0.42 | 0.33 | 0.61 | 0.13 | ||||||||||||
| 三个月已结束 十二月三十一日 |
年底已结束 十二月三十一日 |
|||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
净投资收益 |
3,990 | 3,247 | 6,055 | 1,884 | ||||||||||||
其他收入 |
131 | 68 | 594 | 405 | ||||||||||||
支出总额 |
(148) | (246) | (896) | (1,109) | ||||||||||||
净收益（亏损） |
3,973 | 3,069 | 5,753 | 1,180 | ||||||||||||
每股收益（亏损）- 基本且已完全稀释 |
0.42 | 0.33 | 0.61 | 0.13 | ||||||||||||
The net investment gains for the three months ended December 31, 2023 were $3,990 (three months ended December 31, 2022 - $3,247) as a result of net realized gains on investments and the net change in unrealized gains.
截至2023年12月31日的三个月，净投资收益为3,990美元（截至2022年12月31日的三个月-3,247美元），这是投资的已实现净收益和未实现收益的净变动的结果。
For the three months ended December 31, 2023, other income totalled $131 (three months ended December 31, 2022 - $68). Other income is comprised of interest income of $88 and dividend income of $43 (three months ended December 31, 2022 - interest income of $55 and dividend income of $13).
在截至2023年12月31日的三个月中，其他收入总额为131美元（截至2022年12月31日的三个月为68美元）。其他收入包括88美元的利息收入和43美元的股息收入（截至2022年12月31日的三个月-55美元的利息收入和13美元的股息收入）。
Forward Looking Statements
前瞻性陈述
Certain statements herein may be "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Pinetree or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Pinetree assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.
此处的某些陈述可能是 “前瞻性” 陈述，涉及已知和未知的风险、不确定性和其他因素，这些因素可能导致Pinetree或该行业的实际业绩、业绩或成就与此类前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就存在重大差异。前瞻性陈述涉及重大风险和不确定性，不应被视为对未来业绩或业绩的保证，也不一定能准确表明是否会取得此类成果。许多因素可能导致实际业绩与前瞻性陈述中讨论的结果有很大差异。这些前瞻性陈述反映了当前对未来事件和经营业绩的假设和预期，自本文发布之日起作出，除非法律要求，否则Pinetree没有义务更新任何前瞻性陈述以反映新的事件或情况。
Non-IFRS Measures, Non-GAAP Measures
非国际财务报告准则指标，非公认会计准则指标
BVPS (book value per share) is a non-IFRS (international financial reporting standards) measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term BVPS does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There is no comparable IFRS measure presented in Pinetree's consolidated financial statements and thus no applicable quantitative reconciliation for such non-IFRS financial measure. The Company has calculated BVPS consistently for many years and believes that BVPS can provide information useful to its shareholders in understanding its performance and may assist in the evaluation of its business relative to that of its peers.
BVPS（每股账面价值）是一项非国际财务报告准则（国际财务报告准则）衡量标准，计算方法是总资产价值减去总负债价值除以截至特定日期已发行普通股总数。根据国际财务报告准则，BVPS一词没有任何标准化含义，因此可能无法与其他公司提出的类似指标相提并论。Pinetree的合并财务报表中没有列报可比的国际财务报告准则指标，因此此类非国际财务报告准则财务指标没有适用的量化对账。该公司多年来一直持续计算BVPS，并认为BVPS可以为股东提供有用的信息，以了解其业绩，并可能有助于评估其相对于同行的业务。
About Pinetree Capital Ltd.
关于 Pinetree Capital Ltd.
Pinetree is a value-oriented investment and merchant banking company focused on the technology sector. Pinetree's common shares are listed on the TSX under the symbol "PNP".
Pinetree是一家以价值为导向的投资和商业银行公司，专注于科技行业。Pinetree的普通股在多伦多证券交易所上市，股票代码为 “PNP”。
For further information:
John Bouffard
Chief Financial Officer
416-941-9600 x 200
jbouffard@pinetreecapital.com
欲了解更多信息：
约翰·布法德
首席财务官
416-941-9600 x 200
jbouffard@pinetreecapital.com
SOURCE: Pinetree Capital Ltd.
来源：松树资本有限公司