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Based on the resolutions of the Extraordinary General Shareholders meeting of INVL Technology that was held on 6 February 2023, the Company informs that on 7 February 2023 the amendment of the Depository Services Agreement with AB SEB bankas was signed.
The shareholders of INVL Technology, a company that invests in IT businesses, approved on Monday amended stock option terms and conditions for employees of businesses it owns.
The shareholders of INVL Technology, a company that invests in IT businesses, will vote on amending stock option terms and conditions. INVL Technology’s companies have offered an options programme as an employee incentive measure since 2020.
INVL Technology, a company that invests in IT businesses, had an equity and net asset value of EUR 37.35 million at the end of the third quarter this year, or EUR 3.0948 per share. The figures were up 3.4% from the start of the year.
The equity and net asset value of INVL Technology, a company that invests in IT businesses, were EUR 37.432 million, or EUR 3.1017 per share, at the end of June this year. The figures rose 3.6% from the start of the year.
Effective 7 June, the Estonian IT company Andmevara Services OÜ has changed its name to Novian Eesti OÜ. Acting under the name of the Novian international software development and IT infrastructure services group, the company continues to provide IT infrastructure and digitization services and also represents the group’s other IT services and solutions. At the same time, a website presenting the group’s services has launched at novian.ee.
The Novian software and IT infrastructure services group has made full settlement in the transaction to acquire the software services companyElsis PRO. It did so on 26 May this year, as per the agreements on the purchase and sale of the shares of Elsis PRO. The final value of the deal, at EUR 1.865 million, was determined after the preparation of Elsis PRO’s audited financial statements for 2021, on the basis of the EBITDA figure.
The Novian software services and IT infrastructure group had aggregated revenue of EUR 25.8 million in 2021, or 7.1% more than in 2020. The group’s EBITDA was EUR 1.7 million and compared to 2020 contracted 3.5%, while its operating profit was EUR 0.81 million and decreased 18.3%.
The investment research firm Enlight Research has published an analysis of the financial results of the listed private equity fund INVL Technology for the 4th quarter of 2021. The report notes that NRD Companies and the Novian business area had a challenging 2021, while the Cybersecurity business area posted a record year.
INVL Technology, a company that invests in IT businesses, had equity of EUR 36.818 million at the end of the first quarter of 2022, or EUR 3.0509 per share, an increase of 1.9% from the start of the year.
INVL Technology, a company that invests in IT businesses, had equity of EUR 36.125 million at the end of 2021, which is 7.1% more than a year earlier. Equity per share at the end of 2021 was EUR 2.9936 and, taking the buy-back of own shares into account, increased 8.1% in the year. The company had a net profit last year of EUR 2.6 million, compared to EUR 4.8 million in 2020.
INVL Technology, a company that invests in IT businesses, on 27 October this year announced a buyback of its own shares which took place through 10 November via the Nasdaq Vilnius exchange. The purchase price offered by the company was EUR 2.74 per share.
INVL Technology, a company investing in information technology businesses, increased its equity by 4.6% (EUR 0.13 per share) in the first three quarters of the year to EUR 35.26 million, or EUR 2.90 per share.
The investment research firm Enlight Research has published an analysis of the financial results of the listed private equity fund INVL Technology for the second quarter of this year. The report notes that,despite a weaker than expected result for the NRD group as a whole, the cyber security firm NRD Cyber Security (NRD CS) exceeded estimates as its sales grew by 115% to EUR 1.3 million, nearly double Enlight’s forecast of EUR 0.7 million.
Novian Systems, part of the Novian group owned by the IT-business investment company INVL Technology, has signed agreements to acquire 100% of the shares of information systems and software developer Elsis PRO. Completion of the transaction is planned once permissions are obtained from Lithuania’s Competition Council and the Commission for Assessment of Conformity of Potential Participants to National Security Interests. Its value is not being made public.
The equity of INVL Technology, a company that invests in IT businesses, grew 4% (EUR 0.10 per share) in the first half of this year to EUR 35.04 million, or EUR 2.88 per share.
The equity of INVL Technology, a company that invests in IT businesses, increased 2,1% in the first quarter of 2021 from EUR 33.7 million, or EUR 2.77 per share, to EUR 34.4 million, or EUR 2.82 per share.
The investment research firm Enlight Research has published a report on the annual financial results of the listed private equity fund INVL Technology. The analysis notes that despite COVID-19 INVL Technology improved on all metrics in 2020 posting higher sales, profits, and NAV. The share was rewarded accordingly with a gain of 18% in 2020 and 12% so far in 2021.
INVL Technology, a company that invests in IT businesses, had equity of EUR 34 million at the end of 2020, or EUR 2.77 per share. Equity per share increased 16.46% during the year. The value of INVL Technology’s financial assets at the end of the reporting period was EUR 32.65million and increased EUR 6.74 million in the year. The company’s 2020 net profit, after revaluation of assets and provisions, was EUR 4.8 million, while its earnings per share was EUR 0.39.
Invalda INVL, one of the Baltic region’s leading asset management groups, during 2021 will conduct transactions in shares of INVL Technology, a company that invests in IT businesses, and the real estate investment company INVL Baltic Real Estate.
