Helios Fairfax Reports Q3 2025 Earnings Dip Despite Book Value Growth
Helios Fairfax Partners Corporation (TSX: HFPC.U) has announced its financial results for the three and nine months ended September 30, 2025. The company reported net earnings of $9.7 million for the third quarter, a decrease from the previous quarter's $11.6 million.
The decrease in net earnings was primarily due to unrealized gains related to the Helios Managed Investments and TopCo LP Class A and B Limited Partnership Interests. Despite this, the book value per share increased to $4.05 from $3.96 in the previous quarter.
During the quarter, Helios Fairfax Partners deployed $4.5 million under a $10 million loan facility with HSEG. The company also committed to investing $20.0 million in Helios Fund V, which completed its first close. Additionally, Helios Fairfax Partners contributed $2.0 million towards the management team commitment for Helios Fund V. The company funded capital calls of $0.6 million for Helios Fund V during the quarter.
Helios Fairfax Partners' financial results for the third quarter of 2025 reflect a decrease in net earnings but an increase in book value per share. The company's commitment to investing in Helios Fund V and deploying capital under a loan facility with HSEG indicate a proactive approach to growth and investment.
