Article8 Dec 2025 15:57
From September
Since then the IPO is 3mths further on, would imagine this author may well update in December (S Thompson)
First-half pre-tax profit of $5.4mn
• Record net asset value of $77.4mn (24.4p)
• Net cash of $1.3mn
• Portfolio company Guident plans Nasdaq IPO
Aim investment company Tekcapital (TEK:9.75p) has reported its highest net asset value (NAV) since inception, buoyed by $5.7mn (1.7p) of fair valuation gains on its concentrated portfolio, albeit $3.4mn of the increase reflected favourable foreign currency movements.
Tekcapital’s equity portfolio comprises six investee companies, which had a combined valuation of $68.8mn (£51.1mn) on 30 June this year. The largest is a 70 per cent shareholding in Guident, a developer of remote monitoring and control software (RMCS), with the stake valued at $22.9mn (7.2p), and Tekcapital also holds $5mn (1.7p) of convertible loan notes (CLNs). Guident has constructed a state-of-the-art RMCS centre in Boca Raton, the largest office complex in Florida, incorporated the technology into AuVe autonomous shuttles and secured a strategic partnership with Star Robotics, a leading Spanish security robotics company