Financial PerformanceNet asset value per share decreased by 20.0% year-over-year, reflecting a decline in the company's financial performance.
Portfolio ValuationLearneo was marked down approximately 19%, reflecting the performance of other edtech stocks, although the remaining risk to SuRo's NAV is minimal due to its significant cash balance.
Stock ValuationDespite some recent market turbulence, SuRo's shares are viewed as undervalued, with the stock price at a 21% discount to the 4Q24 NAV.