• Net profit attributable to shareholders totalling $17.5m
• FY25 Interim dividend totalling 3.7 cents per share (fully franked) declared
• Post-tax NTA per share up 5.0% in HY25 to $1.67

Bailador Technology Investments Ltd (ASX:BTI) reported a net profit attributable to shareholders of $17.5m for the half year ended 31 December 2024 (HY25), compared to $22.0m in the prior corresponding period (HY24). The company declared a fully franked interim dividend of 3.7 cents per share, representing an annualised yield of 6.0% (8.0% on a grossed-up basis). The post-tax NTA per share increased by 5.0% in HY25 to $1.67, driven by valuation growth in portfolio companies such as SiteMinder (up 20.8%), Updoc (up 50.0%), Mosh (up 33.3%), and Rosterfy (up 13.6%). The BTI portfolio ended 2024 in a strong position, with combined portfolio revenue of $498m, representing 42% growth over the last 12 months. Bailador deployed $64m in capital over the last 12 months, including new investments in DASH, Updoc, and Hapana, as well as follow-on investments in Rosterfy and Access Telehealth. The company also announced a $12.5m investment in PropHero, an AI-enabled property investment platform, in February 2025. Bailador has a track record of 13 full and partial cash realisations, delivering a combined 3.3x multiple on invested capital at an IRR of 23.1%, with all realisations above carrying value. The company's private investments are also conservatively valued, with 35 third-party transactions in portfolio companies all at or above carrying value, with an average 26% valuation uplift.

The BTI portfolio ended 2024 in a strong position with combined portfolio revenue of $498m, representing 42% growth over the last 12 months.