Heliad Equity Partners (HPBK)

Business description

Heliad Equity Partners is a Germany-based investment company focused on listed and unlisted smaller companies in German-speaking countries. Investments typically comprise growth and venture stage technology companies operating disruptive business models or addressing structural issues.

Stock data

Market cap.€74.7m
Last close€7.57
High / Low (52 weeks)€8.4 / €5.2
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Newsletter

Wed, 06 Sep 2017 17:30:17 +0200

Investment summary

Heliad Equity Partners benefited from the stock price appreciation of its major listed portfolio holdings (most notably FinTech and MagForce), posting a considerable increase in PBT to €10.9m from a pre-tax loss of €24.8m in H116. Importantly, this includes a considerable proportion of realised gross capital gains of €7.8m (above €2.5m in H116), translating into an improved cash position (net cash of €0.5m compared with net debt of €2.1m in FY16). Consequently, net asset value improved by 8.7% vs FY16 to €9.16 and the stock is now trading at a 23% discount to its NAV.

Last updated on 14/09/2017

Key management

Thomas Hanke, CEO
Gunter Griener, Investments Director

Company address

Gr├╝neburgweg 18
Frankfurt am Main
60322
Germany
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