ASX-listed technology expansion capital fund, Bailador Technology Investments Limited (“Bailador”, ASX:BTI), is pleased to release its audited financial results for the year ending 30 June 2024 (“FY24”).

Key financial highlights include:

• Net profit after tax of $20.7m, up 282% on prior year

• Final dividend declared of 3.4 cents per share fully-franked which represents an annualised grossed-up yield of 7.8%1

• Net Tangible Asset (“NTA”) per share (post-tax) up $0.07 over prior year to $1.59; up $0.14 after adding back dividends paid during the period

• $53m in cash deployed and committed including three new portfolio companies (Updoc, DASH Technologies and Hapana)

• Dividend reinvestment plan (“DRP”) active with a 2.5% discount

• BTI is well positioned with $52m Net Cash2 (31 July 2024) to take advantage of additional investment opportunities