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abrdn Emerging Markets ex-China Fund (AEF)

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Accord Financial Corp. Announces Q3 2025 Financial Results
AEF
Earnings
Profit Warning
Debt Issuance
  • Accord Financial Corp. reported a revenue of $15.766 million for the third quarter ended September 30, 2025, a decrease from $21.213 million in the same period of 2024, and an increased net loss attributable to shareholders of ($2.421 million), compared to ($772 thousand) in Q3 2024.
  • The company's profitability in 2025 was hampered by debt on the balance sheet, with the Q3 net loss also impacted by $690,000 in professional fees related to debt management and a $2.5 million provision for doubtful accounts.
  • Accord is actively implementing strategic initiatives to streamline operations, refinance debt, and strengthen its balance sheet, as $203 million in debt matures in December 2025 and $26 million on January 31, 2026.
  • The book value per share decreased to $8.92 as of September 30, 2025, down from $9.69 a year prior.
Nov 11, 2025, 7:22 AM

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