tiprankstipranks
Vela Technologies Reports Quarterly Portfolio Update
Company Announcements

Vela Technologies Reports Quarterly Portfolio Update

Vela Technologies (GB:VELA) has released an update.

Vela Technologies PLC, an AIM-quoted company specializing in early-stage and pre-IPO tech investments, reported a decrease in total assets by 10% to £5.54 million in the latest quarter. The portfolio now includes 14 active investments, after selling shares in multiple companies, including a complete exit from Kanabo Group plc. Notable portfolio companies Finseta and EnSilica have shown strong financial growth, with Finseta doubling its turnover and EnSilica expecting record revenues.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskVela Technologies Diversifies with Gold Sector Investment
TipRanks UK Auto-Generated NewsdeskVela Technologies Capitalizes on EnSilica Stake
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!