Bailador Technology Investments Limited Half Year 2021 Results
Key HY21 highlights include:
~ Net profit attributable to shareholders totalled $13.1m
~ Gain on financial assets and marketable securities totalled $23.5m
~ Pre-tax NTA per share up 12.3% to $1.39, net of all fees
~ Instaclustr valuation increased 42.2% following another strong 12-month period of growth
~ Stackla revalued to $11.5m (previously $nil for 12-months) based on demonstrated business performance and market attractiveness
~ Straker valuation (marked to market) up 71.4% over HY21 (and a further 17.3% in Jan-21), largely driven by the announcement of a new global translation agreement with IBM
~The Bailador portfolio companies are well capitalised with no liquidity concerns
~ Bailador expects 2021 to be a significant year for profitable realisations