TMT Investments (GB:TMT) has released an update.
TMT Investments PLC reports a stable net asset value (NAV) of US$208.1 million with per-share NAV at US$6.62, mirroring its position as of the end of 2023. Notable within their portfolio was Praktika.AI, marking TMT’s fastest significant revaluation with a 12.4 times return in just five months. Despite positive revaluations in some sectors, TMT balanced these successes with prudent write-downs of other investments, highlighting their ability to navigate market volatility with a strong cash reserve of US$9.8 million.
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