• Sun. May 5th, 2024

INVL Technology’s 2023 Financial Results Reveal 14% Growth and Historic Discounts in NAV Per Share

BySamantha Jones

Apr 24, 2024
Enlight Research Examines INVL Technology’s Financial Performance in 2023

INVL Technology, an IT investment company, recently had its 2023 financial results analyzed by Enlight Research. The report revealed that the company’s net asset value (NAV) per share grew by 14% to EUR 3.61 due to the strong sales and EBIT growth of its portfolio companies. Additionally, the NAV discount reached a historic high of around 40%. Enlight Research increased its base case fair value per share for INVL Technology to EUR 3.79.

Enlight Research provides equity research to private and institutional investors to assist them in making informed investment decisions. The company’s senior analysts, with over 20 years of experience, create reports that are available to investors for free. However, the analysis commissioned by INVL Technology does not serve as investment research but as informational material.

INVL Technology is responsible for managing NRD Cyber Security, Novian, and NRD Companies, which are all IT-related businesses. The company is a closed-end investment company listed on the secondary list of Nasdaq Vilnius stock exchange and managed by INVL Asset Management. The fund’s investments are expected to be realized by July 14, 2026, after which the proceeds will be distributed to shareholders, and the fund will be closed.

For additional information or inquiries about INVL Technology and their financial results, investors can contact Kazimieras Tonkūnas, the Managing Partner of INVL Technology at k.tonkunas@invltechnology.lt

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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