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Foresight Vct PLC (GB:FTV)
LSE:FTV
UK Market

Foresight Vct (FTV) AI Stock Analysis

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GB

Foresight Vct

(LSE:FTV)

Rating:78Outperform
Price Target:
Foresight Vct's stock is supported by strong technical indicators and an attractive valuation. The company's strong profitability and robust balance sheet are slightly offset by challenges in revenue growth and cash flow management. The absence of debt and a high dividend yield further enhance its appeal.

Foresight Vct (FTV) vs. iShares MSCI United Kingdom ETF (EWC)

Foresight Vct Business Overview & Revenue Model

Company DescriptionForesight VCT (FTV) is a venture capital trust that primarily invests in UK-based small and medium-sized enterprises (SMEs) across various sectors including technology, healthcare, and renewable energy. The company's core services involve providing long-term capital growth and tax-free income to its shareholders by carefully selecting and managing a diversified portfolio of high-growth potential businesses.
How the Company Makes MoneyForesight VCT makes money primarily through the appreciation of its investment portfolio and income generated from dividends or interest from its portfolio companies. The trust invests in promising SMEs with the potential for high growth, aiming to increase the value of its shares over time. Additionally, Foresight VCT benefits from the tax incentives associated with venture capital trusts, which can enhance returns for its shareholders. The company also earns revenue through successful exits, such as the sale or initial public offering of its investments, which can generate significant capital gains. Partnerships with industry experts and leveraging government initiatives to support SMEs further contribute to the company's earnings.

Foresight Vct Financial Statement Overview

Summary
Foresight Vct has strong profitability and a robust balance sheet with no debt and a high equity ratio. However, it faces challenges in sustaining revenue growth and managing cash flows, with revenue declining by 8.6% in 2024 and free cash flow turning negative.
Income Statement
75
Positive
Foresight Vct shows strong profitability with a consistent gross profit margin of 100% and a net profit margin that improved from 72% in 2023 to over 96% in 2024. However, the revenue declined by approximately 8.6% in 2024 after a 70% increase in 2023, indicating some volatility in revenue streams.
Balance Sheet
80
Positive
The company has a very strong balance sheet with no debt and a high equity ratio, indicating financial stability. Return on equity improved significantly to 9% in 2024 from 7.5% in 2023, although it was higher in previous years.
Cash Flow
60
Neutral
The cash flow performance is mixed. The operating cash flow to net income ratio is challenging due to fluctuations in operating cash flows. Free cash flow turned negative in 2024, indicating potential issues in cash generation.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
20.83M22.78M13.38M40.97M6.68M
Gross Profit
20.83M14.46M9.88M37.58M3.96M
EBIT
20.13M16.48M12.70M40.38M3.38M
EBITDA
20.13M16.48M12.70M40.38M0.00
Net Income Common Stockholders
20.13M16.48M12.70M40.38M3.38M
Balance SheetCash, Cash Equivalents and Short-Term Investments
55.92M46.20M19.52M17.52M18.94M
Total Assets
226.18M221.06M192.34M186.20M151.92M
Total Debt
0.000.000.000.000.00
Net Debt
-55.92M-46.20M-19.52M-17.52M-18.94M
Total Liabilities
3.31M1.94M608.00K751.00K99.00K
Stockholders Equity
222.86M219.12M191.73M185.15M151.82M
Cash FlowFree Cash Flow
-956.00K572.00K1.56M-2.71M6.03M
Operating Cash Flow
0.00572.00K12.70M-2.71M-1.34M
Investing Cash Flow
27.28M15.38M11.14M7.70M-7.37M
Financing Cash Flow
-16.60M10.72M-6.36M-6.41M15.32M

Foresight Vct Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price65.00
Price Trends
50DMA
65.37
Negative
100DMA
64.59
Positive
200DMA
63.93
Positive
Market Momentum
MACD
-0.06
Positive
RSI
44.34
Neutral
STOCH
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FTV, the sentiment is Neutral. The current price of 65 is below the 20-day moving average (MA) of 65.53, below the 50-day MA of 65.37, and above the 200-day MA of 63.93, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 44.34 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:FTV.

Foresight Vct Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBFTV
78
Outperform
9.48
9.85%
64
Neutral
$12.86B9.797.84%78.10%12.05%-7.99%
£2.69M
£1.94M-20.03%21.43%
£1.94M-20.03%
45
Neutral
£28.18M-10.50%3.08%-647.44%-449.55%
GBTPV
£85.47M103.490.87%8.94%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:FTV
Foresight Vct
65.00
2.48
3.97%
GB:D467
Downing FOUR VCT
24.00
10.25
74.55%
GB:GV1O
Gresham House Renewable Energy VCT 1 PLC
33.00
-15.00
-31.25%
GB:GV1A
Gresham House Renewable Energy VCT 1 Plc Class A
5.05
0.00
0.00%
GB:PUAL
Puma Alpha VCT Plc
97.50
-11.71
-10.72%
GB:TPV
Triple Point VCT 2011 PLC
89.00
0.99
1.12%

Foresight Vct Corporate Events

Regulatory Filings and Compliance
Foresight VCT PLC Announces Total Voting Rights for April 2025
Neutral
Apr 30, 2025

Foresight VCT PLC has announced its total voting rights as of April 30, 2025, with an issued share capital consisting of 301,577,886 Ordinary Shares, and no shares held in Treasury. This announcement is significant for shareholders as it provides the denominator for calculating their interests in compliance with the FCA’s Disclosure Guidance and Transparency Rules.

Spark’s Take on GB:FTV Stock

According to Spark, TipRanks’ AI Analyst, GB:FTV is a Outperform.

Foresight Vct’s stock is supported by strong technical indicators and an attractive valuation. The company’s strong profitability and robust balance sheet are slightly offset by challenges in revenue growth and cash flow management. The absence of debt and a high dividend yield further enhance its appeal.

To see Spark’s full report on GB:FTV stock, click here.

DividendsBusiness Operations and StrategyFinancial Disclosures
Foresight VCT Reports Strong 2024 Performance with Increased Returns and Strategic Exits
Positive
Apr 16, 2025

Foresight VCT plc reported an 8.7% increase in Net Asset Value Total Return for 2024, alongside a dividend yield of 15.5%, reflecting strong portfolio performance despite economic fluctuations. The company successfully executed several profitable exits, raising £24.1 million through a subscription offer, and declared special dividends following significant realizations, indicating robust financial health and strategic positioning for future growth.

Delistings and Listing ChangesPrivate Placements and Financing
Foresight VCT Completes Share Allotment and Closes Subscription Offer
Neutral
Apr 10, 2025

Foresight VCT PLC has announced the allotment of 313,683 Ordinary Shares as part of its subscription offer detailed in a prospectus issued in December 2024. These shares, priced based on an unaudited net asset value, are set to be listed on the London Stock Exchange. The company has now closed the offer after processing all valid applications, resulting in a total of 301,577,886 shares in issue.

M&A TransactionsDividends
Foresight VCT Announces Special Dividend Post Successful Sale
Positive
Apr 8, 2025

Foresight VCT plc has announced a special interim dividend of 6.4p per share following the successful sale of Hospital Services Group Limited. This dividend reflects the company’s strategic financial management and is scheduled for payment on 9 May 2025, with significant dates for shareholders being 17 April 2025 for ex-dividend and 22 April 2025 as the record date.

DividendsBusiness Operations and Strategy
Foresight VCT Declares Special Interim Dividend
Positive
Apr 8, 2025

Foresight VCT plc has announced a special interim dividend of 6.4p per share following the successful realization of Hospital Services Group Limited. This dividend reflects the company’s strategic financial management and is set to be paid on 9 May 2025, with shares quoted ex-dividend on 17 April 2025 and a record date of 22 April 2025.

Regulatory Filings and Compliance
Foresight VCT PLC Announces Total Voting Rights
Neutral
Mar 31, 2025

Foresight VCT PLC has announced its total voting rights as of March 31, 2025, with an issued share capital consisting of 301,264,203 ordinary shares. This announcement is significant for shareholders as it provides the necessary information for determining their interests in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Delistings and Listing ChangesPrivate Placements and Financing
Foresight VCT PLC Announces New Share Allotment
Neutral
Mar 14, 2025

Foresight VCT PLC has announced the allotment of 101,337 Ordinary Shares as part of its subscription offer detailed in the prospectus issued on 10 December 2024. These shares, priced between 81.80 pence and 87.50 pence based on an unaudited net asset value, will be listed on the London Stock Exchange around 17 March 2025. This allotment brings the total number of shares issued under the offer to 29,484,950, with a total of 301,264,203 Ordinary Shares now in circulation.

Regulatory Filings and Compliance
Foresight VCT PLC Announces Total Voting Rights
Neutral
Feb 28, 2025

Foresight VCT PLC has announced its total voting rights as of February 28, 2025. The company’s issued share capital consists of 301,162,866 ordinary shares, with no shares held in treasury. This total number of voting rights will be used by shareholders to determine their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Private Placements and FinancingBusiness Operations and Strategy
Foresight VCT Expands Equity with New Share Issue
Positive
Feb 17, 2025

Foresight VCT PLC announced the successful allotment of 798,074 Ordinary Shares of 1p each as part of its subscription offer. The shares were issued at prices based on an unaudited net asset value ranging from 81.80 pence to 87.50 pence. This brings the total number of shares allotted under the offer to 29,383,613, with a total of 301,162,866 shares now in issue. This move is expected to enhance the company’s capital base and improve its trading presence on the London Stock Exchange, potentially impacting its market positioning and offering opportunities for stakeholders.

Private Placements and FinancingRegulatory Filings and Compliance
Foresight VCT Issues Corrected Equity Allotment Figures
Neutral
Feb 10, 2025

Foresight VCT Plc announced a correction to its previous statement regarding the allotment of shares under its subscription offer. The company has successfully allotted 15,140,285 Ordinary Shares as of February 7, 2025, with application made for trading on the London Stock Exchange. In total, the company now has 300,364,792 Ordinary Shares in issue, marking a significant step in its capital raising efforts.

Delistings and Listing ChangesPrivate Placements and Financing
Foresight VCT PLC Completes Allotment of Ordinary Shares
Positive
Feb 10, 2025

Foresight VCT PLC has announced the successful allotment of 15,140,273 Ordinary Shares as part of its subscription offer, with shares issued at a price based on a net asset value of 81.80 pence per share. This move increases the total number of shares issued under the offer to 28,585,527, and the shares are expected to begin trading on the London Stock Exchange on 11 February 2025. The allotment is anticipated to strengthen Foresight VCT’s financial position and provide additional resources for investment in growth-focused enterprises, potentially impacting the company’s market standing and investor appeal.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.