VNV Global AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 02:00 am EDT
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VNV Global AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 15.3 million compared to USD 158.69 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 1.38 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 1.38 a year ago.
For the nine months, net income was USD 66.72 million compared to net loss of USD 704.71 million a year ago. Basic earnings per share from continuing operations was USD 0.54 compared to basic loss per share from continuing operations of USD 6.13 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to diluted loss per share from continuing operations of USD 6.13 a year ago.
VNV Global AB (publ) is a Sweden-based investment company that conducts operations with the business idea of identifying and investing in assets with great value increase potential, with a focus on companies with network effects. VNV Globalâs investment strategy is to invest primarily in private equity with high value increase potential. The Company invests globally, regardless of the size. VNV supports entrepreneurs that solve real problems on the large markets through technology. The Company's investments revolve around Digital Health, Mobility, Marketplace, Classifieds and Other sectors. Its portfolio consists of BlaBlaCar, Babylon, Property Finder och Voi Technology to name a few. VNV Global operates in Stockholm, Amsterdam, and Cyprus.
VNV GLOBAL AB 
