March 03, 2026
Sagicor Select Funds Limited(SELECTF)
Audited financials for the year ended December 31, 2025:
Sagicor Select Funds Limited (SELECTF) for the year ended December 31, 2025, reported net investment loss totaling $80.46 million compared to income of $18.77 million in the corresponding period last year. Net investment loss for the fourth quarter decreased to $102.60 million, compared with an income of $130.11 million in the comparable quarter of 2024.
Dividend income amounted to $102.82 million (2024: $ 87.95 million), an increase of 17% year over year. Consequently, interest income increased by 118% to $4.01 million compared to $1.84 million for the year ended December 31, 2024. The company booked interest income of $1.77 million in the fourth quarter, up from $1.07 million in the comparable quarter of 2024.
Net changes in fair value on financial assets at fair value through profit or loss closed at $187.50 million (2024: $73.34 million).
Total Expenses for the year ended December 31, 2025, amounted to $27.15 million, a 2% decrease relative to $27.78 million reported in 2024. Total Expenses for the fourth quarter amounted to $5.65 million (2024: $8.65 million).
Net loss for the year-end amounted to $107.61million versus a loss of $9.01 million reported in 2024. For the fourth quarter, Net loss was $108.54 million (2024: profit of $121.24 million).
Consequently, Loss Per Share for the year-end amounted to $0.02 (2024: LPS: $0.002), while Loss Per Share for the quarter totalled $0.02 (2024: EPS: $0.02). The twelve-month trailing LPS was $0.02, and the number of shares used in these calculations was 5,100,000,000. Notably, SELECTF’s stock price closed at $0.43 on March 03, 2026.
Balance Sheet Highlights
The company’s assets totalled $2.92 billion (2024: $3.03 billion). The decline in the company’s total was driven by a 6% YoY decline in Financial Assets, ending the year at $2.75 billion (2024: $2.94 billion), a $187.50 million decline.
Shareholders’ equity was $2.90 billion (2024: $3.00 billion), representing a book value per share of $0.57 (2024: $0.59).
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