Flow Capital Corp (TSE:FW) has released an update.
Flow Capital Corp has reported a robust investment performance with a 26.4% internal rate of return (IRR) since its inception in 2018, indicating significant growth. The company has invested a total of $67.6 million in 22 portfolio companies, primarily in the technology sector, with a notable increase in book value per share from $0.45 in 2019 to $1.23. This performance highlights Flow Capital’s successful focus on the growth venture debt segment, providing loans to high growth companies to help them scale efficiently.
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