Bailador FY26 Half Yearly Presentation

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Stock Bailador Technology Investments Ltd (BTI.ASX)
Release Time 10 Feb 2026, 8:31 a.m.
Price Sensitive Yes
 Bailador FY26 Half Yearly Presentation
Key Points
  • Post-tax NTA per share up 9.5% for the half-year to $1.76
  • Interim dividend of 3.9 cents per share (fully-franked) declared, part of ongoing commitment to pay 4% of pre-tax NTA p.a.
  • The BTI portfolio maintains its strong position with combined portfolio revenue of $673m, growing 42% over the last 12 months
Full Summary

Bailador Technology Investments Ltd (ASX: BTI) has reported a strong performance for the first half of FY26. The company's post-tax NTA per share increased by 9.5% to $1.76, driven by strong performance across the portfolio. Bailador declared an interim dividend of 3.9 cents per share, fully-franked, as part of its ongoing commitment to pay 4% of pre-tax NTA per annum. The BTI portfolio maintains its strong position, with combined portfolio revenue of $673m, growing 42% over the last 12 months. Bailador has also realised $28m in cash during the half-year, including a $25m partial realisation of its position in SiteMinder at 63% above the June-25 share price. The company's track record of full and partial cash realisations continues, with all 14 realisations completed above carrying value and delivering a combined 3.5x multiple on invested capital at an IRR of 23.2%. Bailador holds its private investments at conservative valuations, with an average 39% valuation uplift on realisation and all 38 third-party transactions in portfolio companies at or above carrying value. The company's returns are delivered through a combination of capital gains and fully-franked dividends, with a grossed-up dividend yield of 8.9% for the last 12 months.

Guidance

Bailador has not provided any high-importance, price-sensitive forward-looking financial metrics in this announcement.

Outlook

Bailador has not provided any forward-looking outlook statements in this announcement.