Financial Results | Equus Total Return 2025 Q3 Cumulative Revenue USD 1.05 Million Net Loss USD 4.24 Million

Equus Total Return(EQS) posted the Q3 of its 2025 financial results on 11/20/2025, reporting total revenue of USD 1.05 million in the first three quarters, up 10.86% from USD 0.95 million year over year, reporting net loss of USD 4.24 million in the first three quarters, narrowing 47.75% from USD -8.12 million year over year. The EPS is USD -0.31 in the first three quaters, compare with USD -0.59 last period.

[Detailed Data]

Million USD	Q3 2025	Q2 2025	Q1 2025	Q4 2024
Total Revenue	0.36	0.36	0.34	0.33
Operating Income	-0.98	-0.56	-1.08	-0.65
Net Income	-8.10	-0.09	3.94	-10.66
Net Income Attributable to Common Shareholders	-8.10	-0.09	3.94	-10.66
EPS(USD)	-0.59	-0.01	0.3	-0.7843

[Company Profile]
Equus Total Return, Inc. , a Delaware corporation, was formed by Equus Investments II, L.P. (the “Partnership”) on August 16, 1991. On July 1, 1992, the Partnership was reorganized and all of the assets and liabilities of the Partnership were transferred to the Fund in exchange for shares of common stock of the Fund. On August 11, 2006, their shareholders approved the change of the Fund's investment strategy to a total return investment objective. This strategy seeks to provide the highest total return, consisting of capital appreciation and current income. In connection with this strategic investment change, their shareholders also approved the change of their name from Equus II Incorporated to Equus Total Return, Inc.