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GlobeNewswire·

Partners Value Investments Inc. Announces Q3 2026 Interim Results

  • Partners Value Investments Inc. reported net income of $564 million for the three months ended September 30, 2026, compared to a net loss of $2,188 million in the prior year period.
  • For the nine months ended September 30, 2026, the Company recorded net income of $1,316 million, contrasting with a net loss of $1,351 million in the prior year period.
  • The increase in net income for both periods was primarily driven by remeasurement gains on retractable common shares, exchangeable shares, & warrants, which reversed significant losses recorded in the prior year.
  • Warrant liability remeasurement gains were nil in the current three-month period & $109 million for the nine-month period, as outstanding warrants expired on June 30, 2026.
  • Adjusted Earnings for the three months ended September 30, 2026, were $25 million, a decrease from $46 million in the prior year, due to foreign currency losses, lower valuation gains, & higher dividends & tax expenses.
  • Adjusted Earnings for the nine months ended September 30, 2026, rose to $96 million from $55 million in the prior year, driven by higher investment income, foreign currency gains, & deferred tax recovery.
  • As of September 30, 2026, the Company held an 8% interest in Brookfield Corporation (BN) & a 2% interest in Brookfield Asset Management Ltd. (BAM).
  • The market price of BN shares was $36.46 on September 30, 2026, & rose to $40.97 by November 13, 2026.
  • The market price of BAM shares was $44.58 on September 30, 2026, & increased to $51.53 by November 13, 2026.
  • Total assets as of September 30, 2026, were $9,521,195,000, down from $11,522,331,000 as of December 31, 2025.
  • Liabilities decreased to $9,285,753,000 as of September 30, 2026, from $10,463,863,000 the previous December, with the warrant liability balance reaching zero following the June expiration.
Company
Partners Value Investments Inc.
Keywords
TSX Venture Exchange:PVF-WT, Partners Value Investments Inc.