Bifogade filer
Kurs
+8,89%
Likviditet
6,58 MSEK
Prenumeration
Kalender
Est. tid* | ||
2026-01-21 | 08:00 | Bokslutskommuniké 2025 |
2025-10-22 | 08:00 | Kvartalsrapport 2025-Q3 |
2025-07-16 | 08:00 | Kvartalsrapport 2025-Q2 |
2025-05-14 | N/A | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2025-05-13 | N/A | Årsstämma |
2025-04-16 | - | Kvartalsrapport 2025-Q1 |
2025-01-22 | - | Bokslutskommuniké 2024 |
2024-10-23 | - | Kvartalsrapport 2024-Q3 |
2024-07-17 | - | Kvartalsrapport 2024-Q2 |
2024-05-15 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2024-05-14 | - | Årsstämma |
2024-04-17 | - | Kvartalsrapport 2024-Q1 |
2024-01-24 | - | Bokslutskommuniké 2023 |
2023-10-25 | - | Kvartalsrapport 2023-Q3 |
2023-10-03 | - | Extra Bolagsstämma 2023 |
2023-07-19 | - | Kvartalsrapport 2023-Q2 |
2023-05-10 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2023-05-09 | - | Årsstämma |
2023-04-19 | - | Kvartalsrapport 2023-Q1 |
2023-01-25 | - | Bokslutskommuniké 2022 |
2022-10-26 | - | Kvartalsrapport 2022-Q3 |
2022-07-20 | - | Kvartalsrapport 2022-Q2 |
2022-05-11 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2022-05-10 | - | Årsstämma |
2022-04-27 | - | Kvartalsrapport 2022-Q1 |
2022-02-02 | - | Bokslutskommuniké 2021 |
2021-11-03 | - | Kvartalsrapport 2021-Q3 |
2021-07-28 | - | Kvartalsrapport 2021-Q2 |
2021-05-07 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2021-05-06 | - | Årsstämma |
2021-04-28 | - | Kvartalsrapport 2021-Q1 |
2021-02-03 | - | Bokslutskommuniké 2020 |
2020-11-04 | - | Kvartalsrapport 2020-Q3 |
2020-10-22 | - | Extra Bolagsstämma 2020 |
2020-07-30 | - | Kvartalsrapport 2020-Q2 |
2020-05-14 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2020-05-13 | - | Årsstämma |
2020-04-29 | - | Kvartalsrapport 2020-Q1 |
2020-02-12 | - | Bokslutskommuniké 2019 |
2019-11-13 | - | Kvartalsrapport 2019-Q3 |
2019-08-14 | - | Kvartalsrapport 2019-Q2 |
2019-05-22 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2019-05-21 | - | Årsstämma |
2019-05-15 | - | Kvartalsrapport 2019-Q1 |
2019-02-20 | - | Bokslutskommuniké 2018 |
2018-11-14 | - | Kvartalsrapport 2018-Q3 |
2018-08-22 | - | Kvartalsrapport 2018-Q2 |
2018-05-18 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2018-05-17 | - | Årsstämma |
2018-05-16 | - | Kvartalsrapport 2018-Q1 |
2018-03-07 | - | Bokslutskommuniké 2017 |
2017-11-29 | - | Kvartalsrapport 2017-Q3 |
2017-08-30 | - | Kvartalsrapport 2017-Q2 |
2017-05-19 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2017-05-18 | - | Årsstämma |
2017-05-17 | - | Kvartalsrapport 2017-Q1 |
2017-03-15 | - | Bokslutskommuniké 2016 |
2016-11-30 | - | Kvartalsrapport 2016-Q3 |
2016-08-31 | - | Kvartalsrapport 2016-Q2 |
2016-05-19 | - | Årsstämma |
2016-05-18 | - | Kvartalsrapport 2016-Q1 |
2016-05-02 | - | X-dag ordinarie utdelning VEFAB 0.00 SEK |
2016-03-10 | - | Bokslutskommuniké 2015 |
2015-11-18 | - | Kvartalsrapport 2015-Q3 |
Beskrivning
Land | Sverige |
---|---|
Lista | Mid Cap Stockholm |
Sektor | Finans |
Industri | Investeringar |
Key events during the quarter
- On June 1, VEF’s shares commenced trading on Nasdaq Stockholm’s Main Market. A key event in VEF’s journey to be the leading investor in the future of finance across the emerging world.
- VEF issued SEK 500 mln sustainability bonds to invest in financial inclusion. We are proud that our capital is having a positive impact on access to fair and affordable financial services.
- During the quarter VEFs NAV decreased with 40% driven by the sell-off in financial markets causing multiples for comparable companies to materially derate.
- VEF deployed an additional USD 6.6 mln into the current portfolio. Follow-on investments were made into Juspay (USD 4.1 mln), Magnetis (USD 1.0 mln), FinanZero (USD 1.0 mln) and Abhi (USD 0.5 mln).
Net asset value
- NAV of VEF’s portfolio decreased during 1H22 to USD 441.2 mln (YE21 761.7). NAV per share decreased by 42% to USD 0.42 (YE21: 0.73) per share during 1H22.
- In SEK, NAV decreased to 4,483 mln (YE21: 6,885). NAV per share decreased by 35% to SEK 4.30 (YE21: 6.61) per share during 1H22.
- Cash position, including liquidity investments, was USD 64.1 mln (YE21: 61.8) at the end of 1H22.
Financial result
- Net result for 2Q22 was USD -296.6 mln (2Q21: 0.5). Earnings per share were USD -0.28 (2Q21: 0.00).
- Net result for 1H22 was USD -320.7 mln (1H21: 15.8). Earnings per share were USD -0.31 (1H21: 0.02).
The negative financial result for the quarter was driven by the sell-off in financial markets causing multiples for comparable companies to materially derate. This sell-off has been the main driver of each of the portfolio company valuation moves during the quarter. Aside from peer valuation multiple contraction, delivery at VEF portfolio company level has remained strong.
Dec 31, 2020 | Dec 31, 2021 | June 30, 2022 | |
Net asset value (USD mln) | 388.1 | 761.7 | 441.2 |
Net asset value (SEK mln) | 3,178 | 6,885 | 4,483 |
Net asset value per share (USD) | 0.47 | 0.73 | 0.42 |
Net asset value per share (SEK) | 3.83 | 6.61 | 4.30 |
VEF AB (publ) share price (SEK) | 4.04 | 6.05 | 2.32 |
Events after the end of the period
- In July, Creditas announced the extension of their Series F funding round with a new investment of USD 50 mln as part of a strategic partnership with Andbank, a global private bank. The extension brings the total fundraise to USD 310 mln.
Visit VEF’s IR page for our financial reports and other information: vef.vc/investors
For further information please contact:
Henrik Stenlund, CFO: +46 (0) 8-545 015 50
About Us
VEF AB (publ). is an investment company whose Common Shares are listed in Sweden. We invests in growth stage private fintech companies, take minority stakes and are active investors with board representation in our portfolio companies, always looking to back the best entrepreneurs in each market. We focus on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. VEF trades in Sweden on Nasdaq Stockholm's Main Market under the ticker VEFAB. For more information on VEF, please visit http://www.vef.vc.
This information is information that VEF AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-07-20 08:00 CEST.