That is capital gain, but I doubt you will get much in the way of capital gain if the institute you invested in is not making a profit.<p>In fact the opposite is quite common. Companies do an initial IPO to raise capital and then spend the next few years doing nothing but <i>Cash Burn</i> as they burn up all the capital raised during the IPO.<p>Eventually, if they fail to deliver a profit they run out of capital to burn and they go under.