News

Q1 Financial performance and future plans

We are pleased to present the Q1 financial performance overview for TD Funding 2025 Limited, the dedicated portfolio management company for the Triple Dragon Funding platform. While the production of this first report took longer than anticipated, we have now codified our reporting workflows to ensure future updates are delivered promptly.

Key highlights from the quarter

Performance:

Results are in line with our initial forecasts. We expect profitability to trend upward as we move past the platform's initial setup phase, which included one-off launch costs. Even though it was the first active quarter for the platform and TD Funding 2025 LImited, it managed to achieve a gross profit of €90k and a net profit of €39k.

Risk Management:

We maintain a strong capital position capable of absorbing potential non-performing loans. Our historical write-off rate remains very low, reflecting our strict underwriting standards.

Balance Sheet:

We closed the quarter with €12.7M in assets against €7.3M in platform liabilities, demonstrating a solid asset-to-liability ratio. Consistent with our initial launch commitments, we have bolstered the company's balance sheet with additional intragroup assets to enhance our capital base even further...

In the coming months, we will advance our application for a regulatory license in Luxembourg to ensure long-term compliance and clarity. Also, our current model of operations is fully compliant under the exemptions of the EU Prospectus Regulation.

We also reiterate our commitment to a full financial audit upon the conclusion of the first fiscal year.

Growth remains robust as we observe sustained and significant capital inflows throughout the second quarter, and we are continuing to grow the TD Funding 2025 Limited loan book and asset base accordingly, as we are seeing solid demand for funding in the wider video games industry (with such demand meeting our strict underwriting criteria).

Footnote: These numbers have been extracted from the TD Funding 2025 Limited management accounts and have been prepared on accruals basis. The audited accounts for 2026 may be subject to adjustments made or suggested by our external auditors. The balance sheet and profit and loss account is provided for information purposes only and does not constitute an offer or recommendation to purchase any financial instrument.