INVL Technology Interim information for 3 months of 2025

Core Insights - INVL Technology's equity and net asset value as of March 31, 2025, were EUR 51.36 million and EUR 4.2767 per share, reflecting a decrease of 0.1% and 0.3% respectively from the start of the year [1][3] - The company reported a net loss of EUR 0.079 million for the first quarter of 2025, compared to a net profit of EUR 0.279 million in the same period of 2024 [2][3] Financial Performance - The company's investments in managed companies reached EUR 54.16 million at the end of March 2025, up from EUR 45.35 million at the end of March 2024 [1] - INVL Technology's portfolio companies generated aggregated revenues of EUR 12.9 million in January-March 2025, an 8.1% decline year-on-year, while gross profit increased by 0.6% to EUR 4.3 million [5] - The aggregated EBITDA for the portfolio companies decreased by 26.4% to EUR 0.8 million [5] Individual Company Performance - NRD Cyber Security's consolidated revenue increased by 28.2% year-on-year to EUR 1.97 million, with gross profit growing by 25.2% to EUR 1.09 million and EBITDA rising by 26.3% to EUR 0.33 million [6] - NRD Companies reported consolidated revenue of EUR 2.73 million, a 5.7% increase from the previous year, but its gross profit decreased by 0.5% to EUR 1.24 million, with EBITDA falling by 36.1% to EUR 0.18 million [7] - Novian's consolidated revenue was EUR 5.99 million, down 27.0% year-on-year, with gross profit decreasing by 17.5% to EUR 1.43 million and EBITDA dropping by 51.0% to EUR 0.26 million [8] Strategic Outlook - The Managing Partner of INVL Technology, Kazimieras Tonkūnas, expressed optimism for growth in 2025 despite negative impacts from currency exchange rate fluctuations, citing contracts signed by the businesses [4] - INVL Technology is a closed-end investment company managed by INVL Asset Management, with a mandate to exit investments by mid-July 2026 and distribute proceeds to shareholders [10]