Bailador Technology Investments Limited (ASX:BTI) Increases Portfolio Valuations
Valuation Increases for Updoc and Mosh
Bailador Technology Investments Limited (ASX:BTI) has reported significant increases in the carrying values of its portfolio investments in Updoc and Mosh as of 31 December 2024. The valuation of Updoc has surged by 50.0%, rising from $20 million to $30 million. This substantial increase contributes $0.068 per share to Bailador’s pre-tax Net Tangible Assets (NTA).
Bailador’s initial investment of $20 million in Updoc, made in May 2024, has yielded fast-tracked valuation growth due to exceptional revenue performance and sustained profitability of the business.
Similarly, the valuation of Mosh has grown by 33.3%, moving from $7.5 million to $10 million. This increase reflects both strong and consistent revenue growth and the achievement of profitability, adding $0.017 per share to Bailador’s NTA.
Future Updates
The valuation increases for Updoc and Mosh will be included in Bailador’s December 2024 shareholder update, set to be released later today, 10 January 2025.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Bailador Technology Investments. The Motley Fool Australia has recommended Bailador Technology Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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