• Profit of $17.5m in the half year to 31 December 2024
• Strong valuation increases in Updoc, Mosh and Rosterfy
• Realised $20m from SiteMinder investment at 30.6% above June 2024 price

Bailador Technology Investments Ltd reported a profit of $17.5m in the half year to 31 December 2024, down 20% from the prior corresponding period. The portfolio delivered pleasing returns across the public and private portfolios, with strong valuation increases in Updoc (50.0%), Mosh (33.3%) and Rosterfy (13.6%). The SiteMinder share price increased 18.7% throughout the period, and Bailador realised $20m from its SiteMinder investment, representing 18% of its position, at a price 30.6% above the June 2024 closing price. Bailador made $21.8m in new and follow-on investments during the period, including $7.7m in fitness studio management software platform Hapana, $10.0m in DASH to facilitate its acquisition of IPS, and $3.0m and $1.1m in follow-on investments in Rosterfy and Access Telehealth respectively. The Bailador portfolio continues to be valued at either the latest third-party investment value or mark to market, or at a valuation consistent with generally accepted industry valuation techniques and industry benchmarks. The Board has declared a fully franked interim dividend of 3.7 cents per share, in line with Bailador's dividend policy of a regular dividend of 4% pa of NTA pre-tax paid semi-annually.

Bailador reported a profit of $17.5m in the half year to 31 December 2024.