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Bailador Technology Investments Ltd
(Sydney:BTI)
Bailador Technology Investments Ltd (BTI) vs. iShares MSCI Australia ETF (EWA)
Bailador Technology Investments Ltd Business Overview & Revenue Model
Bailador Technology Investments Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.73M | 39.12M | 40.55M | 2.88M | -5.58M | -853.00K |
| Gross Profit | -3.11M | 39.12M | 40.06M | -3.48M | -20.83M | -11.53M |
| EBITDA | 32.22M | 27.07M | 27.98M | 8.28M | 48.61M | 39.40M |
| Net Income | 25.00M | 19.25M | 20.67M | 5.42M | 33.97M | 27.58M |
Balance Sheet | ||||||
| Total Assets | 308.98M | 280.43M | 267.46M | 237.03M | 277.63M | 236.41M |
| Cash, Cash Equivalents and Short-Term Investments | 93.05M | 19.92M | 151.46M | 112.69M | 211.78M | 61.31M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 45.46M | 36.23M | 34.34M | 17.02M | 52.95M | 44.45M |
| Stockholders Equity | 263.51M | 244.20M | 233.12M | 220.01M | 224.69M | 191.96M |
Cash Flow | ||||||
| Free Cash Flow | -18.02M | -18.38M | 192.00K | -43.92M | -13.19M | -4.40M |
| Operating Cash Flow | -18.02M | -18.38M | 192.00K | -43.92M | -13.19M | -4.40M |
| Investing Cash Flow | 8.15M | -20.49M | 11.58M | -31.99M | 114.67M | 19.86M |
| Financing Cash Flow | -8.19M | -8.17M | -7.57M | -10.12M | -1.24M | 23.47M |
Bailador Technology Investments Ltd Technical Analysis
Bailador Technology Investments Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ― | 1.94 | 8.07% | 5.99% | -66.52% | -8.36% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | AU$1.08B | 15.07 | 60.59% | 3.02% | 5.82% | 11.11% | |
57 Neutral | AU$123.65M | 4.04 | 0.21% | 7.14% | 4.44% | -90.57% | |
44 Neutral | AU$37.54M | -2.15 | -27.06% | ― | ― | ― |
Bailador Technology Investments Ltd Corporate Events
Bailador Technology Investments Limited has applied for quotation on the ASX of 1,354,130 ordinary fully paid shares, to be traded under its existing code BTI. The new securities, issued under a dividend or distribution plan, modestly increase the company’s listed share capital and provide existing investors with additional liquidity in its technology-focused investment vehicle.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments has updated its previously announced interim dividend for the six months to 31 December 2025, specifically revising the price used for its Dividend Reinvestment Plan. The distribution remains tied to the same reporting period and key dates, but the change signals an administrative adjustment that may alter the terms under which shareholders can reinvest their dividends into additional ordinary fully paid BTI shares.
The record date for determining eligible shareholders was set at 16 February 2026, with the ex-dividend date on 13 February 2026, and these timetable details remain unchanged despite the DRP price update. The refinement to the dividend reinvestment parameters may affect the number of shares issued under the plan and could subtly influence shareholder participation and the company’s capital management outcomes for the period.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments reported a post-tax net tangible asset value of $1.72 per share at 31 January 2026 and highlighted steady medium-term returns, supported by a consistent, fully franked dividend stream that translates into an attractive grossed-up yield for shareholders. The update focused on portfolio company Rosterfy, a global volunteer workforce management platform, where Bailador has progressively increased its total investment to support rapid international ARR growth, expansion of sales and marketing teams, and enhanced data and AI product capabilities, underscoring Bailador’s strategy of backing scalable tech platforms with strong offshore momentum.
Rosterfy now manages more than three million volunteers across over 75 countries, has powered more than 160 million volunteer hours, and earns over 70% of its recurring revenue from outside Australia, mainly in the U.S., U.K. and Europe. The company’s ARR has grown about 170% since Bailador’s initial 2023 investment, and new capital committed in late 2025 and early 2026 is intended to accelerate product development and strengthen its competitive positioning in the global volunteer management software market, potentially enhancing long-term value for Bailador investors.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments has issued a correction to its HY26 half-yearly presentation, clarifying that a chart illustrating growth in shareholder value should have used June 2020, rather than December 2020, as the base period. The company has released a corrected version of the graphic, aiming to ensure accurate historical performance disclosure and maintain transparency for investors and other stakeholders.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments reported a net profit after tax of $23.2m for the half year to 31 December 2025, up from $17.5m a year earlier, and lifted its post-tax NTA per share to $1.76. The fund highlighted strong gains across both public and private holdings, including a 37.2% rise in SiteMinder’s share price and double-digit valuation increases in Updoc, PropHero and Hapana.
The board declared a fully franked interim dividend of 3.9 cents per share, equating to an annualised grossed-up yield of 8.9% and aligned with its policy of distributing 4% of pre-tax NTA annually. Bailador also realised $25m via a partial sale of SiteMinder and confirmed its dividend reinvestment plan will operate at a 2.5% discount, underscoring its emphasis on providing a stable income stream while recycling capital within a high-growth tech portfolio.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments Limited has declared a fully paid ordinary share distribution of AUD 0.039 per share, relating to the six-month period ended 31 December 2025. The distribution will trade ex-dividend on 13 February 2026, with a record date of 16 February 2026 and payment scheduled for 5 March 2026, while shareholders may elect to participate in the dividend reinvestment plan until 19 February 2026.
The announcement confirms the timetable for the half-year distribution, providing income visibility and reinforcing Bailador’s pattern of periodic returns to shareholders. The detailed schedule allows investors to plan around key dates for eligibility and cash flow, underscoring the company’s ongoing commitment to distributing returns from its technology investment portfolio.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments reported a strong first half to 31 December 2025, with gains on financial assets rising 27% to $41.7m and profit after tax attributable to members up 33% to $23.2m, reflecting solid portfolio performance. Net tangible assets per share also increased year-on-year, both pre-tax and post-tax, underscoring growth in the company’s underlying investment value.
The board declared a fully franked interim dividend of 3.9 cents per share, equivalent to 2% of pre-tax NTA as at 31 December 2025, consistent with Bailador’s policy of paying 4% of pre-tax NTA per year via semi-annual dividends. Together with the 3.6 cent fully franked dividend paid in September 2025, this payout profile highlights the company’s strategy of converting investment gains into regular income for shareholders while retaining profit to grow retained earnings and net assets.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments reported a 10% increase in post-tax net tangible assets per share, including dividends, in the first half of FY26, supported by a 17.7% annualised return from its private company portfolio and an NTA per share of $1.95 pre-tax and $1.76 post-tax as at 31 December 2025. The period was marked by substantial valuation uplifts across several holdings—most notably Updoc, PropHero, Hapana, DASH and Access Telehealth—and the partial realisation of its SiteMinder position for $25 million at a significant premium, delivering a 36.9% IRR and crystallising strong gains. Bailador also received debt repayment from DASH, collected dividends from Updoc, and made a follow-on investment in Rosterfy, underscoring active portfolio management and capital recycling that support its fully franked dividend stream and reinforce its positioning as a technology-focused growth and income vehicle for shareholders.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments has marked a 17% uplift in the carrying value of its portfolio company Hapana after the fitness software provider completed a capital raise from institutional investors, increasing Bailador’s holding from $11.6m to $13.6m and adding $0.013 per share to its pre-tax net tangible assets. The latest revaluation, which follows earlier valuation increases for portfolio companies Updoc and PropHero and builds on a 50% uplift in Hapana’s value announced in mid-2025, means Hapana’s value has risen 76% since Bailador’s initial investment in August 2024, translating to an internal rate of return of around 50% and underscoring the fund’s recent momentum in extracting value from its technology portfolio ahead of its forthcoming December 2025 shareholder update.
The most recent analyst rating on (AU:BTI) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Bailador Technology Investments Ltd stock, see the AU:BTI Stock Forecast page.
Bailador Technology Investments Ltd announced significant increases to the valuations of two portfolio companies, Updoc and PropHero, reflecting strong revenue growth and operational performance. The value of Updoc rose by 20.5%, demonstrating continued profitability and scale, while PropHero saw an impressive rise of 45.6%, attributed to material valuation gains in under a year since Bailador’s initial investment. These uplifts collectively boosted Bailador’s net tangible assets (NTA) per share, underscoring the company’s effective portfolio strategy and strengthening their industry positioning.
Washington H. Soul Pattinson and Company Limited (Soul Patts) and its subsidiaries have ceased to be substantial holders in Bailador Technology Investments Ltd as of December 4, 2025. This change in holdings could impact Bailador’s shareholder composition and influence, potentially affecting its strategic direction and market perception.