Pro Ultrshrt Silver | 10-Q: FY2025 Q3 Revenue: USD 2.27 M

Revenue: As of FY2025 Q3, the actual value is USD 2.27 M.

EBIT: As of FY2025 Q3, the actual value is USD -745.11 K.

ProShares UltraShort Silver

Assets

• Short-term U.S. government and agency obligations: $742,885,457 as of September 30, 2025, compared to $124,689,375 as of December 31, 2024.
• Cash: $157,661,178 as of September 30, 2025, compared to $376,597,126 as of December 31, 2024.
• Segregated cash balances with brokers for futures contracts: $77,104,000 as of September 30, 2025, compared to $38,668,750 as of December 31, 2024.
• Unrealized appreciation on swap agreements: $103,878,807 as of September 30, 2025.

Liabilities

• Total liabilities: $35,291,183 as of September 30, 2025, compared to $55,284,488 as of December 31, 2024.

Shareholders’ Equity

• Shareholders’ equity: $1,047,679,297 as of September 30, 2025, compared to $562,083,293 as of December 31, 2024.

Net Asset Value

• Net asset value per share: $75.66 as of September 30, 2025, compared to $33.56 as of December 31, 2024.

Market Value

• Market value per share: $76.24 as of September 30, 2025, compared to $33.67 as of December 31, 2024.

Net Income

• Net income for the three months ended September 30, 2025: $406,538,541, compared to $59,453,944 for the same period in 2024.
• Net income for the nine months ended September 30, 2025: $635,237,194, compared to $217,675,452 for the same period in 2024.

Cash Flow

• Net cash provided by (used in) operating activities for the nine months ended September 30, 2025: -$137,685,961, compared to -$92,394,903 for the same period in 2024.
• Net cash provided by (used in) financing activities for the nine months ended September 30, 2025: -$119,376,135, compared to $73,851,196 for the same period in 2024.

Future Outlook and Strategy

• The company continues to evaluate different counterparties for their transactions, and counterparties are subject to change. New counterparties can be added at any time.