Westaim reports loss as annuity business gains momentum

Corporate activity and outlook

Corporate-level activity generated an Adjusted EBITDA loss of $3.5 million in Q4 2025, driven by salaries and benefits of $1.8 million, professional fees of $1.5 million, a $2.5 million investment loss and $1.2 million in operating expenses, partially offset by a $1.3 million share-based compensation recovery.