i(x) Net Zero’s 30 June 22 interim results show a $5.2 million increase in NAV of its portfolio companies to $65.9 million, representing an 8.6% rise since YE21. The largest YTD contribution was the increase in the NAV of investee company Enphys due to the previously announced follow on investment of $1.5 million. The results mark steady progress for the year, with a subsequent £10.7 million raise via IPO in February 2022 to accelerate its growth strategy. As of 30 June 2022, the company had $11 ....

29 Sep 2022
i(x) Net Zero: Target valuation rises 16% driven by stronger USD and progress across portfolio companies

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
i(x) Net Zero: Target valuation rises 16% driven by stronger USD and progress across portfolio companies
I(X) Net Zero Plc (IX:LON) | 25.5 0.4 6.3% | Mkt Cap: 21.9m
- Published:
29 Sep 2022 -
Author:
Roger Bell | Michael McNamara -
Pages:
6 -
i(x) Net Zero’s 30 June 22 interim results show a $5.2 million increase in NAV of its portfolio companies to $65.9 million, representing an 8.6% rise since YE21. The largest YTD contribution was the increase in the NAV of investee company Enphys due to the previously announced follow on investment of $1.5 million. The results mark steady progress for the year, with a subsequent £10.7 million raise via IPO in February 2022 to accelerate its growth strategy. As of 30 June 2022, the company had $11 ....