VNV Global AB

VNV

Equity

ISIN SE0014428835 / Valor 55646195

NASDAQ Nordic Exchange Stockholm, Equities (2025-10-20)

SEK 24.46+1.33%

VNV Global AB
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

VNV Global AB is an investment company with a broad focus on innovative technology-driven businesses worldwide. With operational teams based in Stockholm and Cyprus, VNV Global is publicly traded on the NASDAQ Stockholm, under the ticker VNV, within the Mid Cap segment. The company has a history of over two decades in investing in what it identifies as the world's most innovative companies, particularly emphasizing those that demonstrate strong network effects. VNV Global's investment strategy is characterized by its stage-agnostic approach, allowing it to support mission-driven entrepreneurs across various development phases. The firm's investment portfolio historically gravitates towards sectors such as Marketplaces, Mobility, and Health & Wellness, although it remains open to exploring new areas that promise to solve significant real-world problems through technology. VNV Global positions itself as providing patient capital to scalable tech companies, offering not just financial resources but also the commitment and expertise necessary to nurture these businesses into profitable and sustainable entities.

Summarized from source with an LLMView SourceSector: Finance

Net Asset Value

The group's net asset value for the nine-month period ending September 30, 2024, stood at SEK 5.80 billion (USD 574.52 million), with NAV per share declining by -13.77% in USD and -13.25% in SEK during the period.

Net Results

For the third quarter of 2024, VNV Global reported a net loss of USD -25.62 million (-15.30%), and earnings per share were USD -0.20 compared to USD -0.12 in the previous period. The net result for the nine-month period was USD -91.94 million.

Bond Issuance

On September 19, 2024, VNV Global successfully placed SEK 850 million (USD 4.39 million) within a framework of SEK share. Additionally, on October 11, 2024, the company placed EUR 50 million of senior secured bonds with a four-year tenor and a floating rate interest of 3-month EURIBOR, aimed at scaling its e-scooter and e-bike fleets, refinancing existing debt, and supporting general corporate purposes.

Portfolio Developments

During the quarter, VNV Global continued to refine its investment portfolio, including the exit of smaller holdings to strengthen its cash balance by approximately USD 10 million. The company's portfolio adjustments were mainly driven by negative revaluations of investments such as BlaBlaCar, Voi, and Gett.

Summarized from source with an LLMView Source

Key figures

22.7%1Y

10.9%3Y

-72.1%5Y

Performance

46.3%1Y

48.4%3Y

46.7%5Y

Volatility