Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
TMT Investments PLC - venture capital investor in high-growth technology companies - Says 2021 pretax profit rises 15% to $86.7 million from $75.1 million in 2020. Total investment income climbs to $98.8 million from $82.4 million. Company posts a 48% increase in net asset value per share to $9.00 from $6.10. Portfolio firms see minimal negative effect from military conflict in Ukraine, company says, $4.6 million of potential new write-downs currently identified. The company expects a number of positive revaluations across its portfolio in 2022.
Current stock price: $4.60, up 16% on Friday
12-month change: down 37%
Copyright 2022 Alliance News Limited. All Rights Reserved.