Seraphim Space Trust Sees Strong Year-End Growth

Seraphim Space Investment Trust Plc (GB:SSIT) has released an update.

Seraphim Space Investment Trust PLC reports a solid year with a 7.5% growth in portfolio valuation, reaching £201.5 million, and an increase in NAV per share by 3.5%. The company’s top 10 private holdings saw an average revenue surge of 71%, with 77% of the portfolio demonstrating a strong cash position. SSIT also strategically sold interests in early-stage firms and welcomed substantial capital raises in key portfolio companies, enhancing its financial resilience and growth prospects.

For further insights into GB:SSIT stock, check out TipRanks’ Stock Analysis page.