Finlab (A7A)

Business description

FinLab is an incubator and builder of fintech companies based in Germany. It also has holdings in two relatively mature asset management businesses, Heliad and Patriarch, which gives it stable cash flows and a strong balance sheet. It currently has four fintech investments.

Stock data

Market cap.€108.5m
Last close€21.75
High / Low (52 weeks)€23.2 / €12.5
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual5.335.839.5
Relative *5.327.514.7

* % Relative to local index

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Company news

Newsletter FinLab AG

Tue, 26 Sep 2017 16:27:16 +0200

Newsletter FinLab AG

Fri, 15 Sep 2017 09:42:14 +0200

Newsletter FinLab AG

Fri, 15 Sep 2017 09:18:13 +0200

FinLab AG: FinLab enters the cryptocurrency world with an investment in the real-time bitcoin gold exchange Vaultoro Ltd.

Fri, 08 Sep 2017 10:19:19 +0200

FinLab AG: FinLab schürft im Kryptowährungsuniversum und beteiligt sich mit einem Millioneninvestment an der Bitcoin/Gold Echtzeit-Handelsplattform Vaultoro Ltd.

Fri, 08 Sep 2017 10:11:17 +0200

Latest research

AKTUELLE VERÖFFENTLICHUNGEN

Finlab

NAV durch positive Neubewertungen gestärkt

15/09/2017
Finlab

Ein deutscher Fintech-Inkubator

09/05/2017

Investment summary

FinLab’s results combine relatively stable income from management fees and dividends received from the asset management subsidiaries, Heliad and Patriarch (total income at €1.76m vs €1.88m in H116), and sizeable revaluation gains (Kapilendo, Heliad) of €2.52m (vs -€0.3m in H116). The recent share issue and improved operating cash flow increased the company’s net cash position to €4.28m from €0.97m at end-2016. This puts FinLab in a strong position to execute further fintech investments. Following the recent positive share price performance, FinLab’s shares trade at an 18.9% premium to last reported NAV.

Last updated on 15/09/2017

Company address

Grüneburgweg 18
Frankfurt am Main, Hessen
60322
United Kingdom
+49 69 719 12 80 0
View website