Bifogade filer
Vef 1q21
Kurs & Likviditet
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Finans |
| Industri | Investeringar |
Highlights during the quarter
NAV per share rose to a fresh all-time high of SEK 4.24 and NAV to USD 403.4 mln, driven by continued strong performance across the portfolio.
During the first quarter VEF added two new companies to the portfolio and made one follow on investment in the current portfolio. VEF Invested:
- USD 0.5 mln into leading Mexican pay on demand fintech operator minu.
- USD 7.0 mln into Rupeek, India’s fastest growing asset-backed digital lending platform.
- An additional USD 1.5 mln (SEK 12.8 mln) into FinanZero, Brazil’s leading digital credit market place.
On March 31, 2021 the Company announced that the Board of Directors proposed to change the domicile of VEF from Bermuda to Sweden.
Net asset value
- NAV of VEF’s portfolio increased during 1Q21 to USD 403.4 mln. NAV per share increased by 4.3% to USD 0.49 per share.
- In local currency, NAV increased to SEK 3,520 mln. NAV per share increased by 10.8% to SEK 4.24 per share.
- Cash position, including liquidity investments, was USD 44.7 mln at the end of 1Q21.
Financial result
- Net result for 1Q21 was USD 15.3 mln (1Q20: USD -62.2 mln). Earnings per share were USD 0.02 (1Q20: USD -0.09).
| Dec 31, 2019 | Dec 31, 2020 | Mar 31, 2021 | |
| Net asset value (USD mln) | 249.4 | 388.1 | 403.4 |
| Net asset value (SEK mln) | 2,325 | 3,178 | 3,520 |
| Net asset value per share (USD) | 0.38 | 0.47 | 0.49 |
| Net asset value per share (SEK) | 3.55 | 3.83 | 4.24 |
| VEFL SDB share price (SEK) | 2.94 | 4.04 | 3.75 |
The Company will hold a telephone conference with an interactive presentation at 15:00 CEST (09:00 a.m. EDT) on Wednesday April 28 2021.
For call-in details, see separate press release issued on April 21, 2021 at vef.vc.
Visit VEF’s IR page for our financial reports and other information: vef.vc/investors