Vnv Global Ab ( (VSTKF) ) has released its Q4 earnings. Here is a breakdown of the information Vnv Global Ab presented to its investors.
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VNV Global AB is an investment company focused on high-growth technology companies, primarily in the mobility and digital health sectors. In its latest financial report for 2024, VNV Global AB recorded a net asset value (NAV) of USD 581.39 million, reflecting a decrease from the previous year largely due to negative revaluations of key investments such as BlaBlaCar and Gett. Despite the annual decline, the fourth quarter saw a positive shift with a net result of USD 6.80 million, driven by positive revaluations in companies like Voi and Numan. The company also successfully issued a new bond and announced ongoing strategic moves, including the anticipated sale of Gett, which is expected to close in the first quarter of 2025. Looking ahead, VNV Global is optimistic about its portfolio’s growth trajectory, with expectations of increased sales and profitability in 2025.