RE: IP Group FY2023 analysis23 Apr 2024 17:52
So IPO has investments in 65 different companies. TWO of which, ONT and centessa, are listed companies on the LSE and Nasdaq, combined value of holding in these 2 is £105 million... they have cash of £221 million , with a present market cap of £497 million , that leaves about £170 million of value in 63 other companies, ie less than £3 mill per company on average. if 10% of those have a market cap of £25 million that covers the rest of the current market cap of IPO. Im pretty happy with that