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Tekcapital ( (GB:TEK) ) has shared an announcement.
Tekcapital plc reported a successful half-year with record net assets of US$77.4 million, marking a 10% increase over the previous period. The company has streamlined operations, reducing operating expenses by 50%, and has made significant progress with its portfolio companies. Notably, Guident is preparing for a potential NASDAQ listing, which could enhance shareholder value and broaden its investor base. Tekcapital’s portfolio companies, including Microsalt and Lucyd, have shown strong performance and growth potential, positioning the company for continued success and innovation in the technology commercialization sector.
More about Tekcapital
Tekcapital plc is a UK-based intellectual property investment group that focuses on transforming university technologies into valuable products aimed at improving people’s lives. The company operates in the intellectual property and technology commercialization industry, with a market focus on enhancing business efficiency and quality of life through GenAI-centric technologies.
Average Trading Volume: 679,709
Technical Sentiment Signal: Buy
Current Market Cap: £25.24M
See more data about TEK stock on TipRanks’ Stock Analysis page.