The venture capital Company investing in high-growth technology companies across a number of core specialist sectors has announced results for the half-year ended 30 June 2020. In a year plagued by a global pandemic, where Fitch Rating is forecasting a 4.4% decline in Global GDP, H1 saw NAV per share decrease 1.7% to US$3.46 per share. More encouragingly, TMT reported that the majority of its portfolio companies continue to grow at a double digit rate, with some investees specifically benefit
15 Sep 2020
Stable NAV of US$3.46 yet to reflect positive valuation outlook and double digit growth of much of the portfolio
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Stable NAV of US$3.46 yet to reflect positive valuation outlook and double digit growth of much of the portfolio
TMT Investments PLC (TMT:LON) | 381 0 0.0% | Mkt Cap: 119.8m
- Published:
15 Sep 2020 -
Author:
Derren Nathan -
Pages:
8
The venture capital Company investing in high-growth technology companies across a number of core specialist sectors has announced results for the half-year ended 30 June 2020. In a year plagued by a global pandemic, where Fitch Rating is forecasting a 4.4% decline in Global GDP, H1 saw NAV per share decrease 1.7% to US$3.46 per share. More encouragingly, TMT reported that the majority of its portfolio companies continue to grow at a double digit rate, with some investees specifically benefit