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Molten Ventures (GB:GROW)
LSE:GROW
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Molten Ventures (GROW) AI Stock Analysis

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GB:GROW

Molten Ventures

(LSE:GROW)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
587.00 p
▲(24.00% Upside)
Action:ReiteratedDate:12/07/25
Molten Ventures' overall score is driven by strong earnings call outcomes and positive corporate events, particularly share buybacks. However, challenges in financial performance, especially in profitability and cash flow management, weigh down the score. The technical analysis and valuation are favorable, indicating potential for future growth.
Positive Factors
Conservative balance sheet / low leverage
Very low leverage and a strong capital base give Molten durable financial flexibility. Conservative debt levels reduce solvency risk, support follow-on funding and opportunistic investments, and allow continued NAV-accretive actions like buybacks without stressing liquidity in downturns.
Negative Factors
Sharp decline in free cash flow
A marked fall in free cash flow signals weaker cash available for new investments, follow-ons or buybacks without tapping reserves. Over months this can limit capital deployment flexibility, increase dependence on realizations or external funding, and pressure long-term liquidity planning.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Very low leverage and a strong capital base give Molten durable financial flexibility. Conservative debt levels reduce solvency risk, support follow-on funding and opportunistic investments, and allow continued NAV-accretive actions like buybacks without stressing liquidity in downturns.
Read all positive factors

Molten Ventures (GROW) vs. iShares MSCI United Kingdom ETF (EWC)

Molten Ventures Business Overview & Revenue Model

Company Description
Molten Ventures (GROW) is a UK-based venture capital firm that focuses on investing in high-growth technology companies across various sectors, including software, fintech, and healthtech. The firm is dedicated to providing early-stage funding and...
How the Company Makes Money
Molten Ventures makes money primarily through investment returns from its venture capital portfolio rather than through operating revenue from selling products or services. Its key economic drivers are: (1) Realised gains on exits: when a portfoli...

Molten Ventures Earnings Call Summary

Earnings Call Date:Nov 25, 2025
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Jun 15, 2026
Earnings Call Sentiment Positive
The earnings call highlighted several positive developments, including exceeding growth and realization targets, strong financial results, effective cost management, and a strong balance sheet. However, there were challenges in the SaaS sector and some portfolio write-downs. Overall, the sentiment is positive.
Positive Updates
Exceeded Growth and Realization Targets
Molten Ventures achieved a 26% growth in portfolio fair value, exceeding their 20% target, and realizations of 14% versus the 10% target.
Negative Updates
Market Challenges in SaaS
SaaS and consumer sectors faced challenges, impacting overall market comps negatively.
Read all updates
Q2-2026 Updates
Negative
Exceeded Growth and Realization Targets
Molten Ventures achieved a 26% growth in portfolio fair value, exceeding their 20% target, and realizations of 14% versus the 10% target.
Read all positive updates
Company Guidance
During the call, Molten Ventures provided detailed financial guidance and performance metrics for the first half of fiscal year 2026. The company reported a 6% uplift in Gross Portfolio Value (GPV) to NAV, with GPV reaching GBP 1.4 billion and NAV at GBP 1.3 billion. Realizations were slightly ahead of investments, contributing GBP 62 million at half-year and GBP 87 million year-to-date, with significant drivers being partial realizations of Revolut. Molten Ventures deployed GBP 33 million in the first half and plans to target GBP 95 million to GBP 100 million in total capital deployment for the year. They also completed GBP 19 million in share buybacks, adding approximately 14p to NAV per share, and announced a further GBP 10 million extension, totaling GBP 50 million committed so far. Operating costs were reduced by 8%, standing at GBP 12.1 million, with a focus on technology efficiencies and headcount adjustments. The overall balance sheet remained strong, ending the period with GBP 77 million in cash and additional funds available from EIS and VCT investments. The company reiterated its strategic focus on Series A and Series B investments, co-investment capital growth, and a narrower fund-to-fund commitment, with a continued emphasis on NAV accretive capital use, including secondaries and buybacks.

Molten Ventures Financial Statement Overview

Summary
Molten Ventures shows impressive revenue growth but struggles with profitability and cash flow management. The balance sheet is solid with low leverage, but the company needs to improve its return on equity and address declining free cash flow to enhance financial stability and shareholder value.
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue57.60M44.40M-47.80M45.50M350.90M12.51M
Gross Profit57.40M31.70M-47.80M44.70M349.50M11.60M
EBITDA79.30M500.00K-49.90M-283.00M325.80M273.25M
Net Income111.20M-800.00K-40.60M-243.40M300.70M267.40M
Balance Sheet
Total Assets1.43B1.38B1.36B1.32B1.50B1.04B
Cash, Cash Equivalents and Short-Term Investments77.00M89.00M57.00M22.90M75.80M158.40M
Total Debt121.20M121.30M89.40M89.30M30.40M600.00K
Total Liabilities141.20M147.20M110.50M121.70M71.10M10.63M
Stockholders Equity1.29B1.24B1.25B1.19B1.43B1.03B
Cash Flow
Free Cash Flow-200.00K33.50M-22.00M-24.80M-28.20M-7.17M
Operating Cash Flow100.00K33.90M-22.00M-24.80M-28.10M-7.02M
Investing Cash Flow65.10M-400.00K12.00M-90.10M-185.00M77.57M
Financing Cash Flow-27.20M-1.70M44.30M51.10M128.10M60.10M

Molten Ventures Technical Analysis

Technical Analysis Sentiment
Positive
Last Price473.40
Price Trends
50DMA
468.13
Positive
100DMA
480.73
Positive
200DMA
432.55
Positive
Market Momentum
MACD
14.12
Negative
RSI
70.01
Negative
STOCH
91.55
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GROW, the sentiment is Positive. The current price of 473.4 is below the 20-day moving average (MA) of 475.04, above the 50-day MA of 468.13, and above the 200-day MA of 432.55, indicating a bullish trend. The MACD of 14.12 indicates Negative momentum. The RSI at 70.01 is Negative, neither overbought nor oversold. The STOCH value of 91.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GROW.

Molten Ventures Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
£26.36B3.0023.76%2.44%62.80%48.86%
73
Outperform
£449.87M7.4844.99%5.73%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
£827.51M-13.065.07%2.47%66.53%100.92%
63
Neutral
£923.70M2.308.81%11.00%
61
Neutral
£538.89M8.097.16%-35.12%
54
Neutral
£2.27B56.554.25%2.85%47.14%-37.72%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:GROW
Molten Ventures
558.50
288.10
106.55%
GB:III
3i Group plc
2,592.00
-1,510.32
-36.82%
GB:IPO
IP Group plc
62.20
18.40
42.01%
GB:FSG
Foresight Group Holdings Ltd.
401.00
47.52
13.44%
GB:BPT
Bridgepoint Group Plc
255.00
-6.95
-2.65%
GB:ICGT
ICG Enterprise Trust PLC GBP
1,346.00
203.82
17.85%

Molten Ventures Corporate Events

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Updates Market on Latest Share Buyback Activity
Positive
Apr 27, 2026
Molten Ventures has continued its share repurchase programme, with Deutsche Bank’s Deutsche Numis unit buying 15,000 of the company’s ordinary shares on 20 April 2026 on its behalf. The buyback modestly reduces the free float and is pa...
Business Operations and StrategyStock BuybackFinancial Disclosures
Molten Ventures lifts NAV and portfolio value as tech holdings and buybacks drive returns
Positive
Apr 27, 2026
Molten Ventures reported double‑digit growth in both net asset value per share and gross portfolio value for the year to 31 March 2026, driven by strong performance and funding rounds in core holdings such as Revolut, ICEYE, Ledger and River...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Tightens Free Float with Further Share Buybacks
Positive
Apr 13, 2026
Molten Ventures has continued to execute its previously announced share buyback, with Deutsche Numis purchasing a total of 60,000 ordinary shares between 7 and 10 April 2026 at volume-weighted average prices ranging from roughly 468p to 486p. Foll...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Positive
Apr 7, 2026
Molten Ventures plc has continued its previously announced share repurchase programme, buying back 62,522 ordinary shares between 30 March and 2 April 2026 through Deutsche Bank’s Deutsche Numis arm. Purchase prices ranged around the mid-440...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back Shares and Shifts to Weekly Buyback Reporting
Positive
Mar 30, 2026
Molten Ventures has repurchased 20,000 of its own ordinary shares on 27 March 2026 through Deutsche Numis, at prices between 446.20p and 451.20p and a volume-weighted average of 448.7134p, under its ongoing share buyback programme. Following the t...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures buys back 25,000 shares under ongoing repurchase programme
Positive
Mar 27, 2026
Molten Ventures has repurchased 25,000 of its own ordinary shares on 26 March 2026 through Deutsche Bank’s Deutsche Numis unit, as part of the share buyback programme launched in January. The shares were bought at prices between 448.80p and ...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 25,000 Shares Under Ongoing Repurchase Programme
Positive
Mar 25, 2026
Molten Ventures has continued its previously announced share buyback programme, mandating Deutsche Bank’s Deutsche Numis unit to repurchase 25,000 ordinary shares on 24 March 2026. The trades were executed between 444.20p and 452.80p per sha...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Updates Share Count After Latest Buyback Tranche
Positive
Mar 24, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit repurchasing 20,000 ordinary shares on 23 March 2026 at a volume-weighted average price of about 451.7p. Following the l...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Positive
Mar 23, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit repurchasing 20,000 ordinary shares on its behalf on 20 March 2026 at a volume-weighted average price of 463.0614 pence....
Stock Buyback
Molten Ventures Extends Buyback With 25,000-Share Repurchase
Neutral
Mar 20, 2026
Molten Ventures has continued its share buyback programme, with Deutsche Bank’s Deutsche Numis unit repurchasing 25,000 ordinary shares in the venture capital group on 19 March 2026 at a volume-weighted average price of 460.9186p. Following ...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback with 20,000-Share Repurchase
Positive
Mar 18, 2026
Molten Ventures, the London-listed European venture capital firm focused on high-growth technology sectors including Enterprise SaaS, AI and Deeptech, Consumer Technology and Digital Health, continues to provide public investors with access to a ...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 20,000 Shares, Updates Voting Rights
Positive
Mar 17, 2026
Molten Ventures has repurchased 20,000 of its own ordinary shares on the London Stock Exchange as part of the buyback programme launched in January, paying a volume‑weighted average price of 459.29p. Following the transaction, the company&#8...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Advances Share Buyback, Updates Voting Share Count
Positive
Mar 16, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s London branch acquiring 20,000 ordinary shares in the company on 13 March 2026 at prices between 451.20p and 468.80p, for an average of 462....
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 20,000 Shares Under Ongoing Repurchase Programme
Neutral
Mar 13, 2026
Molten Ventures has continued its previously announced share repurchase programme, buying 20,000 of its own ordinary shares on 12 March 2026 through Deutsche Bank’s Deutsche Numis unit. The shares were acquired at prices between 447.40p and ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Repurchases Shares as Part of Ongoing Buyback Programme
Positive
Mar 12, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit repurchasing 25,000 ordinary shares on 11 March 2026 at a volume-weighted average price of about 455.9p. Following this ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Tightens Free Float With Latest Share Buyback
Positive
Mar 11, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit repurchasing 20,000 ordinary shares on the company’s behalf on 10 March at a volume-weighted average price of 457....
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Positive
Mar 10, 2026
Molten Ventures has continued its previously announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit purchasing 20,000 ordinary shares on its behalf on 9 March 2026. The shares were acquired at prices between 434.00p and ...
Stock Buyback
Molten Ventures Continues Share Buyback as Voting Share Count Falls
Positive
Mar 5, 2026
Molten Ventures has continued its share buyback programme, with Deutsche Bank’s Deutsche Numis unit purchasing 5,011 ordinary shares on its behalf at prices between 439.00p and 447.20p, at a volume-weighted average of 442.1593p. Following th...
Business Operations and StrategyStock Buyback
Molten Ventures Buys Back 25,000 Shares Under Ongoing Repurchase Programme
Positive
Mar 4, 2026
Molten Ventures has continued its share repurchase programme, with Deutsche Bank’s Deutsche Numis unit buying 25,000 ordinary shares in the company on 3 March 2026 at a volume-weighted average price of 439.33p. Following this latest buyback,...
Business Operations and StrategyExecutive/Board Changes
Molten Ventures Builds Dedicated Secondaries Team to Expand Liquidity Strategy
Positive
Mar 4, 2026
Molten Ventures has created a dedicated secondaries team with the appointments of Malcolm Ferguson, Nick Sando and former ManyPets chief executive Steven Mendel, as it looks to expand its strategy of investing in mature, later‑stage technolo...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Positive
Mar 2, 2026
Molten Ventures has repurchased 20,000 of its own ordinary shares on 27 February 2026 through Deutsche Numis, at prices ranging between 457.20p and 466.80p per share, as part of its ongoing buyback programme. Following this latest transaction, the...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back More Shares, Updates Voting Rights Count
Neutral
Feb 26, 2026
Molten Ventures has continued its share repurchase programme, mandating Deutsche Bank’s Deutsche Numis unit to buy 9,065 of its own ordinary shares on 25 February at a volume-weighted average price of about 453.87 pence. Following this lates...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Buybacks, Updates Voting Rights Count
Positive
Feb 24, 2026
Molten Ventures has continued its share repurchase programme, with Deutsche Bank’s Deutsche Numis unit buying 25,000 ordinary shares on the company’s behalf on 23 February at a volume-weighted average price of 464.9210p. Following the ...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 20,000 Shares Under Ongoing Repurchase Programme
Positive
Feb 23, 2026
Molten Ventures has continued its recently announced share repurchase programme, buying 20,000 ordinary shares on 20 February 2026 through Deutsche Numis at a volume-weighted average price of 475.63p. Following this latest tranche, the company&#82...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back Shares Under Ongoing Repurchase Programme
Neutral
Feb 19, 2026
Molten Ventures has repurchased 15,000 of its own ordinary shares at 490.80 pence each via Deutsche Bank’s Deutsche Numis unit, as part of a buyback programme launched in late January 2026. Following the transaction, the company’s issu...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 15,000 Shares Under Ongoing Repurchase Programme
Neutral
Feb 17, 2026
Molten Ventures has repurchased 15,000 of its own ordinary shares on the London Stock Exchange as part of the share buyback programme launched in late January 2026. Following the latest transaction, the company’s voting share capital stands ...
Business Operations and Strategy
Molten Ventures Adds Berenberg as Joint Financial Adviser and Broker
Positive
Feb 17, 2026
Molten Ventures, the London-listed venture capital firm backing high-growth digital technology businesses across sectors including SaaS, AI, consumer tech and digital health, has deployed over £1bn and realised more than £700m since its ...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 30,000 Shares, Updates Voting Rights
Positive
Feb 16, 2026
Molten Ventures has continued its previously announced share buyback programme, repurchasing 30,000 ordinary shares on 13 February 2026 through Deutsche Numis at prices between 472.00p and 481.20p, with a volume-weighted average of 477.9341p. Foll...
Business Operations and Strategy
Molten Ventures showcases diversified tech portfolio at annual Investor Day
Positive
Feb 13, 2026
Molten Ventures, the London-listed venture capital firm specialising in high-growth digital technology businesses, held its annual Investor Day this week for institutional investors, analysts, and other key stakeholders. Founded 20 years ago and l...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Neutral
Feb 13, 2026
Molten Ventures has executed a further share buyback under its recently launched repurchase programme, with Deutsche Numis acquiring 25,000 ordinary shares on its behalf at a volume-weighted average price of 477.41p. Following the transaction, the...
Business Operations and StrategyStock Buyback
Molten Ventures Continues Share Buyback as It Deepens Position in European Tech
Positive
Feb 11, 2026
Molten Ventures plc, the London-listed venture capital investor in high-growth European technology companies, continues to deploy and recycle capital across sectors including Enterprise SaaS, AI and Deeptech, Consumer Technology and Digital Healt...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 30,000 Shares Under Ongoing Repurchase Programme
Positive
Feb 9, 2026
Molten Ventures has continued its recently announced share repurchase programme, buying 30,000 of its own ordinary shares on 6 February 2026 through Deutsche Bank’s Deutsche Numis unit at a volume-weighted average price of 465.31p. Following...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 30,000 Shares Under Ongoing Repurchase Programme
Neutral
Feb 6, 2026
Molten Ventures has continued its recently announced share buyback programme, repurchasing 30,000 ordinary shares on 5 February 2026 via Deutsche Bank’s Deutsche Numis arm at a volume-weighted average price of 456.5812p. Following the latest...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 30,000 Shares Under Ongoing Repurchase Programme
Positive
Feb 5, 2026
Molten Ventures has continued its recently announced share buyback programme, with Deutsche Bank’s Deutsche Numis unit purchasing 30,000 ordinary shares on 4 February 2026 at prices ranging between 453.40p and 467.20p, at a volume-weighted a...
Stock BuybackRegulatory Filings and Compliance
Molten Ventures Buys Back 15,000 Shares Under Ongoing Repurchase Programme
Neutral
Feb 2, 2026
Molten Ventures plc has repurchased 15,000 of its own ordinary shares on 30 January 2026 through Deutsche Numis as part of its ongoing share buyback programme initiated in November 2025. Following this transaction, the company’s issued share...
Business Operations and Strategy
Molten Ventures Marks 20 Years with Investor Day Focused on European Tech Portfolio
Neutral
Feb 2, 2026
Molten Ventures plc will host its annual Investor Day on 11 February 2026, bringing together institutional investors, analysts and key stakeholders for presentations from portfolio companies and its investment team. The event, which coincides with...
Business Operations and StrategyStock Buyback
Molten Ventures Completes £10m Buyback and Launches New £10m Share Repurchase Programme
Positive
Jan 30, 2026
Molten Ventures has completed its previously announced £10m share repurchase programme and has immediately moved to launch a further £10m buyback, underlining management’s continued focus on capital returns and balance-sheet optimi...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Molten Ventures Continues Share Buyback, Updates Voting Rights
Positive
Jan 29, 2026
Molten Ventures plc has continued its previously announced share repurchase programme, with Goodbody Stockbrokers buying 20,000 of the company’s ordinary shares on 28 January 2026 at a volume-weighted average price of 519.18p. Following this...
Business Operations and StrategyFinancial Disclosures
Molten Ventures Flagged in New Kepler Research as NAV Momentum Builds
Positive
Jan 29, 2026
Molten Ventures has highlighted that Kepler Trust Intelligence’s investment companies team has produced a new, freely available research note on the GROW trust for UK investors, underscoring that momentum continues to build in the vehicle&#8...
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.Date of analysis: Dec 07, 2025