Our financial report for 1Q25 is now published. In 1Q25, our NAV was up 1% QoQ, to USD 357.0 mln, as a tailwind of currency strength in our key markets was negated somewhat by peer valuation multiples trends.
VEF CEO, Dave Nangle, comments:
“We are happy with the portfolio performance and exits in 1Q25 that strengthened our position. During the past 6 months we have carried out 3 exits. Today, VEF has a portfolio of quality emerging market fintech assets, delivering profitable growth. In the short term, capital-in is prioritizing deleveraging our balance sheet and share buybacks.“
Access the report in the IR section of our website here.