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An update from Mobeus Income & Growth VCT ( (GB:MIX) ) is now available.
Mobeus Income & Growth VCT PLC has released its annual report for the period ending 30 September 2024, highlighting a merger with Mobeus Income & Growth 2 VCT and strategic investments in new and existing portfolio companies. The merger added significant assets and shareholders, while the company’s financial performance showed a slight increase in NAV total return. Despite challenging economic conditions, the portfolio remains resilient, with notable investments in SciLeads, OnSecurity, and others. The company also declared dividends and adjusted targets post-merger to ensure compliance and maximize shareholder returns.
More about Mobeus Income & Growth VCT
Mobeus Income & Growth VCT PLC operates in the venture capital trust industry, focusing on growth capital investments. The company provides funding primarily to early-stage businesses, prioritizing investments that offer significant growth potential. Its market focus is on diversified portfolio management, targeting promising companies in various sectors to maximize returns for shareholders.
YTD Price Performance: -1.87%
Average Trading Volume: 7,052
Technical Sentiment Consensus Rating: Sell
Learn more about MIX stock on TipRanks’ Stock Analysis page.