VNV Global (VNV) AI Stock Analysis

Compare

1 Followers

Top Page

VNV Global

(OTC:VNV)

Rating:41Neutral

Price Target:―

VNV Global's stock score reflects significant challenges, primarily driven by financial performance issues such as revenue volatility and net losses. Despite a strong balance sheet, the technical analysis indicates bearish momentum, and the negative P/E ratio highlights valuation difficulties. The lack of earnings call data and corporate events limits additional insights.

VNV Global (VNV) vs. iShares MSCI Sweden ETF (EWD)

Market Cap

$2.10B

Dividend YieldN/A

Average Volume (3M)245.63K

Price to Earnings (P/E)―

Beta (1Y)1.76

Revenue GrowthN/A

EPS Growth-62.63%

CountrySE

Employees3

SectorFinancial

Sector Strength74

IndustryAsset Management - Global

Share Statistics

EPS (TTM)-1.20

Shares Outstanding130,978,240

10 Day Avg. Volume147,734

30 Day Avg. Volume245,627

Financial Highlights & Ratios

PEG Ratio<0.01

Price to Book (P/B)0.47

Price to Sales (P/S)0.00

P/FCF Ratio-3.54

Enterprise Value/Market Cap0.18

Enterprise Value/Revenue-0.95

Enterprise Value/Gross Profit-4.18

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

VNV Global Business Overview & Revenue Model

Company DescriptionVNV Global is an investment company that primarily focuses on investing in innovative, high-growth technology companies globally. The company operates across various sectors, including digital health, marketplace platforms, and mobility solutions. VNV Global leverages its expertise to identify and support companies that have the potential to transform industries and deliver substantial returns over time.

How the Company Makes MoneyVNV Global makes money through capital appreciation and investment returns from its portfolio of high-growth technology companies. The company invests in early-stage and growth-stage businesses, often acquiring significant equity stakes. As these companies grow and potentially go public or are acquired, VNV Global realizes returns on its investments. Additionally, the company may earn dividends or interest from its holdings, though its primary focus is on long-term capital gains. Strategic partnerships with technology firms and financial institutions may also enhance its investment capabilities and returns.

VNV Global Earnings Call Summary

Earnings Call Date:Apr 23, 2025

(Q2-2024)

% Change Since: -2.60%|

Next Earnings Date:Jul 17, 2025

Earnings Call Sentiment Neutral

The earnings call presented a mix of positive developments such as strong performances by BlaBlaCar, Voi, Numan, and Breadfast, alongside challenges including a decline in NAV and the sale of Gett below NAV. While there are significant achievements, the balance between highlights and lowlights suggests a neutral sentiment.

Q2-2024 Updates

Positive Updates

Strong Performance of BlaBlaCar

BlaBlaCar closed last year with about EUR 250 million revenue and positive EBITDA, indicating strong performance despite a downtick in NAV due to peer group adjustments.

Successful Acquisition by BlaBlaCar

BlaBlaCar acquired Obilet, the bus marketplace of Turkey, which is expected to close in Q3 2024, adding profitable growth to the company.

Positive Developments in Voi

Voi is EBITDA positive and potentially EBIT positive by the end of the year, with significant market presence and contract wins like Solent in England and Antwerpen.

Significant Growth in Breadfast

Breadfast achieved an ARR of $150 million in revenue, a remarkable 38x increase since 2021, becoming a well-loved brand in Egypt.

Numan's Strong Financial Performance

Numan's revenue run rate increased by 100% year-on-year and the company is EBITDA positive, showing strong financial performance.

Negative Updates

Decline in NAV

NAV per share decreased by 10% during the quarter, impacted by peer multiples and the sale of Gett below NAV.

BlaBlaCar and HousingAnywhere Downward Adjustment

BlaBlaCar and HousingAnywhere experienced a 14% decline in valuation due to peer group adjustments and FX impacts.

Sale of Gett Below NAV

The sale of Gett was below NAV, contributing to the overall decrease in NAV for the quarter.

Company Guidance

During the VNV Global Second Quarter 2024 earnings call, the company reported a NAV of $600 million, equating to SEK 48.6 per share, reflecting a 10% decline from the previous quarter. This was primarily due to falling peer multiples affecting valuations of key investments like BlaBlaCar, Gett, and HousingAnywhere. The sale of Gett to Pango for $83 million was highlighted, with $70 million receivable at closing and $13 million in escrow. The transaction is pending approval from Israeli antitrust authorities. The company's liquidity at quarter-end was $16.6 million, with a net debt of $81.2 million or minus SEK 6.6 per share. Portfolio concentration increased, with the top three holdings—BlaBlaCar, Gett, and HousingAnywhere—comprising over 70% of total NAV. VNV's cash position is anticipated to improve significantly upon the completion of the Gett sale, potentially reaching up to $70 million by year-end, subject to further asset disposals. The company is also poised to consider stock buybacks to capitalize on current undervaluations.

VNV Global Financial Statement Overview

Summary

VNV Global's financial performance displays significant revenue volatility and recent net losses, impacting overall profitability. The balance sheet is strong with a robust equity position and debt reduction, reducing financial risk. While there are improvements in cash flow, historical inconsistencies in cash management remain a concern.

Income Statement

Negative

VNV Global has experienced significant volatility in its revenue, showing substantial declines in recent years. The revenue growth rate has been negative due to the drop from 2023 to 2024. Gross profit margins have been consistently aligned with total revenue, indicating no cost of goods sold, but the negative net profit margin from 2023 to 2024 highlights profitability challenges. EBIT margin is notably absent in 2024, reflecting operational difficulties.

Balance Sheet

Neutral

The company's balance sheet shows a strong equity base with a positive equity ratio, reflecting low financial risk. However, the debt-to-equity ratio has improved with debt elimination in 2024, suggesting a more conservative financial strategy. ROE has been negative recently due to net losses, but the high stockholders' equity provides a buffer against liabilities.

Cash Flow

Neutral

VNV Global's cash flow statement indicates fluctuating cash flows with a notable improvement in operating cash flow in 2024. The free cash flow to net income ratio is positive, showing cash generation capability despite net losses. However, the past inconsistency in operating cash flow raises concerns about cash management.

TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
-91.86M	-77.78M	46.37M	-771.72M	77.74M	217.54M
	Gross Profit
-91.86M	-77.78M	46.37M	-771.72M	77.74M	217.54M
	EBIT
-73.63M	-85.06M	32.97M	-768.58M	63.74M	207.33M
	EBITDA
0.00	0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-100.27M	-85.14M	22.43M	-795.42M	63.74M	206.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.62M	15.68M	42.55M	66.13M	124.20M	17.72M
	Total Assets
653.35M	661.01M	824.62M	781.55M	1.55B	1.19B
	Total Debt
0.00	0.00	152.12M	164.34M	144.94M	99.06M
	Net Debt
-13.62M	-15.68M	109.63M	98.22M	20.74M	81.34M
	Total Liabilities
86.58M	79.62M	158.33M	168.12M	144.94M	99.06M
	Stockholders Equity
566.77M	581.39M	666.29M	613.43M	1.40B	1.08B
Cash Flow		Free Cash Flow
3.67M	46.38M	-29.41M	-80.55M	-191.01M	-104.74M
	Operating Cash Flow
3.67M	46.38M	-29.41M	-80.55M	-191.01M	-104.74M
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00	0.00
	Financing Cash Flow
-34.13M	-67.82M	4.13M	22.73M	305.20M	105.79M

VNV Global Technical Analysis

Technical Analysis Sentiment

Negative

Last Price15.74

Price Trends

50DMA

16.43

Negative

100DMA

18.17

Negative

200DMA

18.72

Negative

Market Momentum

MACD

-0.11

Positive

RSI

39.41

Neutral

STOCH

12.27

Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VNV, the sentiment is Negative. The current price of 15.74 is below the 20-day moving average (MA) of 16.50, below the 50-day MA of 16.43, and below the 200-day MA of 18.72, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 39.41 is Neutral, neither overbought nor oversold. The STOCH value of 12.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:VNV.

VNV Global Peers Comparison

Overall Rating

UnderperformOutperform

Sector (64)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRED.A	74 Outperform	kr10.22B	7.21	14.56%	2.12%	269.84%	5807.64%
Sector *	64 Neutral	$12.87B	9.76	7.85%	78.04%	12.07%	-7.94%
SVOL.B	64 Neutral	€5.82B	13.31	-3.12%	2.96%	―	―
BURE	56 Neutral	€20.29B	174.88	0.27%	1.00%	13.61%	-97.82%
VNV	41 Neutral	$2.10B	―	-16.26%	―	―	-62.63%

* Financial Sector Average

Performance Comparison

SE:VNV

VNV Global

15.74

-10.32

-39.60%

SE:CRED.A

Creades AB

75.30

5.38

7.69%

SE:BURE

Bure Equity AB

273.00

-87.23

-24.22%

SE:SVOL.B

Svolder AB Class B

55.35

-6.08

-9.89%

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.