IN BRIEF: Sure Ventures net asset value increases 40% yearly

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Sure Ventures PLC - London-based investment and venture capital company - Net asset value per share rises 40% to 128.91 pence in financial year ended March 31, from 92.06p a year ago. The company does not follow any benchmark. ‘The immersive technologies market has had a significant growth boost during Covid-19 (Netflix or video games for example) and augmented reality/virtual reality is no exception,’ firm says. Adds AR/VR market will grow to $454.73 billion by 2030 from $14.84 billion in 2020, citing Allied Market Research. Declares no dividend, unchanged from a year ago.

Sure Ventures mainly invests in augmented reality and virtual reality, artificial intelligence, cybersecurity and the internet of things.

Current stock price: 105.00 pence

12-month change: down 2.3%

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