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Chrysalis Investments Sees Growth in NAV and Strong Liquidity Position for 2024
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Chrysalis Investments Sees Growth in NAV and Strong Liquidity Position for 2024

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Chrysalis Investments Limited ( (GB:CHRY) ) has provided an update.

Chrysalis Investments Limited reported a 4.9% increase in NAV per share for the year ending September 30, 2024, due to strong performances from key holdings like Starling and Klarna, although offset by a write-down in wefox and foreign exchange impacts. The company engaged in significant capital transactions, including the sale of Graphcore, which contributed to a strong liquidity position of £151 million, enabling a capital return program of up to £100 million. The strategic focus remains on supporting existing investments to maximize their potential and minimize the discount to NAV, with optimism about future IPOs like Klarna enhancing liquidity further.

More about Chrysalis Investments Limited

Chrysalis Investments Limited operates as an alternative investment fund, focusing on investing in innovative businesses with high growth potential, particularly in technology sectors. The company aims to support transformative businesses through strategic investments and partnerships, helping them achieve significant growth and profitability in large addressable markets.

YTD Price Performance: -3.33%

Average Trading Volume: 1,990,025

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £587.8M

See more insights into CHRY stock on TipRanks’ Stock Analysis page.

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