Company VEF AB

Equities

VEFL SDB

SE0016128151

Investment Management & Fund Operators

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Venture Capital

Market Closed - Nasdaq Stockholm Other stock markets 11:29:31 2024-04-29 am EDT			5-day change	1st Jan Change
2.275 ^SEK	+2.48%		+2.48%	+23.78%

Apr. 17	Transcript : VEF AB, Q1 2024 Earnings Call, Apr 17, 2024
Apr. 17	VEF AB Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.

Number of employees: 2

Managers	Title	Age	Since
David Nangle CEO	Chief Executive Officer	49	14-12-31
Kim Ståhl DFI	Director of Finance/CFO	-	20-12-31
Alexis Koumoudos CIO	Chief Investment Officer	-	21-10-05
Cathal Carroll CIO	Chief Investment Officer	-	-
Helena Caan Mattsson LAW	General Counsel	37	-

Members of the board	Title	Age	Since
Per Brilioth BRD	Director/Board Member	55	14-12-31
David Nangle CEO	Chief Executive Officer	49	14-12-31
Allison Goldberg BRD	Director/Board Member	47	19-12-31
Lars O. Grönstedt CHM	Chairman	70	14-12-31
Hanna-Leena Loikkanen BRD	Director/Board Member	53	20-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,101,417,500	963,641,390 ( 87.49 %)	0	87.49 %

Name	Equities	%	Valuation
Conifer Management LLC 20.90 %	217,718,740	20.90 %	39 M kr
Swedbank Robur Fonder AB 8.840 %	92,102,205	8.840 %	17 M kr
City of London Investment Management Co. Ltd. 5.321 %	55,442,324	5.321 %	10 M kr
Libra Advisors LLC 4.773 %	49,724,496	4.773 %	9 M kr
FIL Gestion SASU 2.537 %	26,436,937	2.537 %	5 M kr
Asset Value Investors Ltd. 2.319 %	24,163,909	2.319 %	4 M kr
David Nangle 1.913 %	19,932,581	1.913 %	4 M kr
VEF AB 1.231 %	12,824,243	1.231 %	2 M kr
Gadd & Cie Luxembourg SA 1.223 %	12,743,979	1.223 %	2 M kr
Alexis Koumoudos 0.5011 %	5,220,864	0.5011 %	937 458 kr

Name	Equities	%	Valuation
David Nangle 38.86 %	19,950,000	38.86 %	4 M kr
Alexis Koumoudos 28.19 %	14,470,295	28.19 %	3 M kr
Henrik Stenlund 14.86 %	7,629,755	14.86 %	1 M kr
Helena Caan Mattsson 13.24 %	6,798,470	13.24 %	1 M kr

Name	Equities	%	Valuation
VEF AB 1.23%	12,824,243	1.23%	2,302,721 $

VEF AB

Mäster Samuelsgatan 1 1st Floor

111 44, Stockholm

+46 8 54 50 15 50

http://www.vef.vc

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.275 SEK

Average target price

3.466 SEK

Spread / Average Target

+52.35%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Investment Banking & Investment Services

Investment Management & Fund Operators

Venture Capital

	1st Jan change	Capi.
VEF AB	+23.78%	211M
UMBRA COMPANIES INC.	+31.41%	12.02B
HERCULES CAPITAL, INC.	+15.30%	3.06B
HBM HEALTHCARE INVESTMENTS AG	+1.75%	1.42B
OCTOPUS TITAN VCT PLC	-8.46%	1.22B
CION INVESTMENT CORPORATION	+1.24%	616M
MOLTEN VENTURES PLC	-5.80%	579M
VERUSA HOLDING	+40.23%	577M
OCTOPUS APOLLO VCT PLC	-4.17%	492M
WOORI TECHNOLOGY INVESTMENT CO., LTD	+31.21%	488M

Venture Capital