Income & Growth VCT plc Class S (IGV) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 16.13%
• Average Volume (3M): 73.23K
• Price to Earnings (P/E): 16.9
• Beta (1Y): -0.03
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Financial
• Sector Strength: 82
• Industry: Asset Management - Income
• EPS (TTM): N/A
• Shares Outstanding: 322,960,720
• 10 Day Avg. Volume: 59,947
• 30 Day Avg. Volume: 73,229
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 174.70
• P/FCF Ratio: 174.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score of 61 reflects a company with a strong balance sheet and attractive dividend yield, which is offset by inconsistent revenue growth and cash flow challenges. Technical indicators show a neutral market sentiment, neither strongly positive nor negative. The company's recent corporate actions, such as share buybacks and dividend declarations, enhance shareholder value and slightly improve the outlook.

Income & Growth VCT plc Class S Business Overview & Revenue Model

Company Description

Income & Growth VCT plc Class S (IGV) is a venture capital trust that operates within the financial services sector. The company focuses on providing investors with exposure to a diversified portfolio of growth-oriented unquoted companies, primarily located in the United Kingdom. IGV aims to deliver both income and capital growth through strategic investments in early-stage, high-potential businesses across various industries.

How the Company Makes Money

Income & Growth VCT plc Class S generates revenue primarily through the appreciation of its investment portfolio and the income derived from these investments. The company invests in a range of unquoted small to medium-sized enterprises (SMEs) with high growth potential, often taking equity stakes. Revenue streams include capital gains realized upon the successful exit of investments, such as sales or initial public offerings (IPOs), as well as dividends and interest received from the portfolio companies. The company's earnings are influenced by its ability to identify and invest in promising businesses, manage its portfolio effectively, and capitalize on favorable market conditions. Significant partnerships with venture capital managers, industry experts, and portfolio companies may also contribute to its financial performance.

Income & Growth VCT plc Class S Financial Statement Overview

Summary

Income & Growth VCT plc Class S exhibits a mixed financial performance. The income statement shows volatility in revenue and profitability, suggesting operational challenges. The balance sheet is a strong point, with no leverage and ample equity, providing financial stability. However, the cash flow statement indicates cash generation issues, which could impact liquidity and operational flexibility. Overall, while the company has a solid financial base, the operational inefficiencies and cash flow concerns warrant attention.

Income Statement

The company's revenue has shown significant fluctuations, with a notable decline from 2020 to 2022, followed by a partial recovery in 2023. Gross Profit Margin appears strong in recent years, but the lack of EBIT and EBITDA in the latest year indicates operational challenges. Net Profit Margin remains positive, showing resilience, but the overall revenue growth trajectory is inconsistent, which could pose risks.

Balance Sheet

The balance sheet is robust, with no debt and strong equity levels, leading to a low-risk profile. The Equity Ratio is high, indicating a solid financial base. Return on Equity has varied significantly, suggesting potential volatility in earnings. Overall, the company's financial stability is a strong point, with ample liquidity and minimal liabilities.

Cash Flow

The company's cash flow statement reveals substantial negative operating cash flows in recent years, indicating challenges in generating cash from operations. Despite positive financing cash flows, the free cash flow remains negative, suggesting potential liquidity concerns. The Operating Cash Flow to Net Income ratio is unfavorable, highlighting inefficiencies in cash generation relative to profit.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
12.36M	1.66M	8.63M	-10.66M	42.30M	11.67M
	Gross Profit
12.36M	1.66M	923.48K	-13.41M	38.91M	9.76M
	EBIT
9.11M	0.00	5.49M	-11.20M	41.86M	11.15M
	EBITDA
0.00	0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
9.11M	995.42K	5.49M	-11.20M	41.86M	11.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
38.31M	982.92K	50.09M	1.21M	2.65M	1.74M
	Total Assets
115.75M	189.11M	123.13M	108.73M	120.45M	83.45M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-751.94K	-982.92K	-366.06K	-1.21M	-2.65M	-1.74M
	Total Liabilities
456.50K	413.19K	348.57K	312.38K	1.37M	315.01K
	Stockholders Equity
115.29M	188.70M	122.78M	108.42M	119.09M	83.13M
Cash Flow		Free Cash Flow
-4.00M	-3.57M	-3.07M	-2.07M	-492.44K	1.20M
	Operating Cash Flow
-4.00M	-3.57M	-3.07M	-2.07M	-492.44K	1.20M
	Investing Cash Flow
551.90K	-2.29M	9.55M	6.46M	4.11M	9.21M
	Financing Cash Flow
-16.76M	8.56M	8.83M	533.87K	-5.96M	-9.69M

Income & Growth VCT plc Class S Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 62.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IGV, the sentiment is Negative. The current price of 62 is below the 20-day moving average (MA) of 62.15, below the 50-day MA of 62.18, and below the 200-day MA of 63.00, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 48.77 is Neutral, neither overbought nor oversold. The STOCH value of 51.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:IGV.

Income & Growth VCT plc Class S Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$14.35B	9.94	8.94%	4.37%	16.34%	-11.76%
IGV	61 Neutral		16.94		16.13%	―	―
GROW	46 Neutral	£468.70M	―	-0.51%	―	59.93%	97.07%

Income & Growth VCT plc Class S Corporate Events

Income & Growth VCT plc Announces Share Buyback and Reduction in Voting Shares

Income & Growth VCT plc has announced the repurchase of 717,816 of its own ordinary shares at a price of 61.71 pence per share for cancellation. This transaction reduces the total number of shares in issue to 322,242,893, all carrying voting rights, potentially impacting shareholder value and market perception.

Income & Growth VCT plc Executes Share Buyback

Income & Growth VCT plc, a company involved in managing venture capital trusts, announced a significant buyback of its own shares. On March 14, 2025, the company repurchased 4,416,256 ordinary shares at 61.71 pence each, which will be canceled, reducing the total number of shares in issue to 322,960,709. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.

Income & Growth VCT Announces AGM Resolutions and Rebranding

Income & Growth VCT plc announced that all resolutions at their Annual General Meeting were passed. The company also plans to change its name to Gresham House Income & Growth VCT plc, with the new name set to launch alongside the Interim Reports in early June. This decision reflects a strategic rebranding effort, potentially impacting its market presence and stakeholder engagement.

Income & Growth VCT Declares Interim Dividend

The Income & Growth VCT plc has announced an interim dividend of 2.5 pence per ordinary share for the year ending 30 September 2025. This dividend will be paid on 11 April 2025 to shareholders registered by 14 March 2025, with an ex-dividend date of 13 March 2025. Shareholders wishing to participate in the Dividend Investment Scheme must submit their instructions by 26 March 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor decisions regarding participation in the Dividend Investment Scheme.

Income & Growth VCT plc Announces Total Voting Rights and Capital

Income & Growth VCT plc has announced its total voting rights and capital as of February 28, 2025. The company has an issued share capital of 327,376,965 ordinary shares, each with a nominal value of 1 penny and full voting rights. This information is crucial for shareholders to determine their interests in accordance with the Disclosure Guidance and Transparency Rules.

Income & Growth VCT Announces Share Capital and Voting Rights

The Income & Growth VCT plc announced its total voting rights and capital as of January 31, 2025. The company reported an issued share capital of 327,376,965 ordinary shares, each with voting rights, which shareholders can use as a denominator for interest calculations under the Disclosure Guidance and Transparency Rules.

Income & Growth VCT plc Repurchases Shares, Adjusts Voting Rights

The Income & Growth VCT plc, a part of the financial sector, has executed a transaction involving the repurchase and cancellation of 3,307,425 of its own ordinary shares at 64.51 pence each. This action reduces the total number of shares in circulation to 327,376,965, potentially affecting the company’s voting dynamics and shareholder value.

Income & Growth VCT Reports Positive Financial Year Amidst Strategic Expansion

Income & Growth VCT plc announced its financial results for the year ending 30 September 2024, highlighting a merger with Mobeus Income & Growth 4 VCT plc, which increased its net assets. Despite challenging geopolitical and economic conditions, the company achieved a positive net asset value return of 2.0%. Strategic investments were made in new and existing companies, maintaining a diversified portfolio. The merger is expected to bring cost savings, while the company’s strong liquidity post-fundraising positions it for future opportunities.