Bifogade filer
Vef 3q23 Eng
Kurs
+4,26%
Likviditet
1,31 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
- The central bank of Brazil cut SELIC interest rate from 13.75% to 12.75% in the quarter, with more expected by YE23. In contrast to much of the world, Brazil is now enjoying a tailwind from falling rates, with clear positive implications for macro, the banking system and fintech within that.
- VEF invested an additional USD 3 mln into Gringo as part of their Series C funding round. Gringo is the most used and fastest growing app for Brazilian drivers.
- VEF invested an additional USD 5 mln into Creditas in the form of a convertible loan note.
Net asset value
- NAV of VEF’s portfolio as at 9M23 is USD 422.7 mln (YE22: 381.8). NAV per share has increased by 11% to USD 0.41 (YE22: 0.37) per share during 9M23.
- In SEK, NAV equals 4,602 mln (YE22: 3,981). NAV per share has increased by 16% to SEK 4.42 (YE22: 3.82) per share during 9M23.
- Cash position, including liquidity investments, was USD 35.4 mln (YE22: 48.5) at the end of 3Q23.
Financial result
- Net result for 3Q23 was USD -56.5 mln (3Q22: 4.8). Earnings per share were USD -0.05 (3Q22: 0.01).
- Net result for 9M23 was USD 40.7 mln (9M22: -315.8). Earnings per share were USD 0.04 (9M22: -0.30).
VEF CEO, David Nangle, comments:
“3Q23 delivered a growing number of data points highlighting an ongoing recovery in the investment world that VEF plays within. A better risk/reward balance is showcased by the majority of our companies being cash flow positive, or on a clear path to that destination. Growth is less euphoric, but business models are more robust and sustainable as a result.”
| Dec 31, 2021 | Dec 31, 2022 | Sep 30, 2023 | |
| Net asset value (USD mln) | 761.7 | 381.8 | 422.7 |
| Net asset value (SEK mln) | 6,885 | 3,981 | 4,602 |
| Net asset value per share (USD) | 0.73 | 0.37 | 0.41 |
| Net asset value per share (SEK) | 6.61 | 3.82 | 4.42 |
| VEF AB (publ) share price (SEK) | 6.05 | 2.45 | 2.18 |
Events after the end of the period
On 3 October an Extraordinary General Meeting was held in Stockholm, where the Company’s shareholders approved a new long-term incentive program (LTIP 2023) for key employees. LTIP 2023 is a five-year incentive program with identical terms as LTIP 2022.
Visit VEF’s IR page for our financial reports and other information: vef.vc/investors
For further information please contact:
Éire Smith, Investor Relations: +46 (0) 8-545 015 50
About Us
VEF AB (publ.) is an investment company whose Common Shares are listed in Sweden. We invest 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. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-25 08:00 CEST.