Livermore Investments Reports Profitable Turnaround in 2023

Livermore Investments (GB:LIV) has released an update.

Livermore Investments Group Limited rebounded in 2023 with a net profit of USD 13.9m, a significant turnaround from a net loss of USD 24.4m in 2022. The company’s net asset value per share rose to USD 0.82 after issuing dividends, buoyed by strong cash distributions from its Collateralized Loan Obligations portfolio and conservative cash and government bond holdings. Amid a challenging economic environment, Livermore’s investments, particularly in the innovative pricing engine Fetcherr, have contributed to a positive fiscal outlook.

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