TMT’s final results for the period to 31 December 2023 showed continued resilience in a relatively volatile period for venture capital and technology companies. The five largest holdings (Bolt, Backblaze, 3S Money, PandaDoc and Scentbird) performed well in the year and at period-end represented c64% of the value of TMT’s total portfolio. The period-end value of these five holdings alone is more than the current market cap, at $130.2m (vs market cap of $120.1m). Total portfolio NAV at period-end ....
