Bailador Technology Investments Updates Portfolio Valuations
Key points
- PropHero valuation increased by 16.2% to $21.3m
- MOSH valuation increased by 49.5% to $15.0m
- Nosto valuation decreased by 100% to $0.0m
- NTA per share increased by $0.043
Full summary
Bailador Technology Investments Limited (ASX:BTI) announced updates on its portfolio valuations following an independent review. The carrying value of PropHero increased by 16.2% to $21.3 million, while MOSH saw a 49.5% increase to $15.0 million. Conversely, the valuation of Nosto decreased by 100% to $0.0 million. These changes reflect PropHero's strong performance, MOSH's profitable growth, and Nosto's softer trading results. The updates result in a $0.043 increase in NTA per share, bringing the pro-forma NTA per share to $1.73 pre-tax and $1.59 post-tax.
Guidance
NTA per share increase of $0.043
Outlook
Bailador anticipates continued strong performance from its portfolio companies, particularly in the AI sector, based on current trends.
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