VNV Global AB

VNV Global AB

18.08
SEK
-0.74
(-3.93%)
-6.84EPS
2.11BMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.04
-1.5
1.96
1.78
1.88
0.1
2.49
2.48
0.74
-6.71
0.29
-0.59
-0.15
-0.64
Basic EPS, GAAP
3.92
-1.55
1.89
1.69
1.81
-0.06
2.06
2.36
0.61
-6.8
0.18
-0.65
-0.22
-0.71
Free Cash Flow per Basic Share
2.33
-1.37
0.16
-0.32
-0.12
-0.35
3.56
-1.19
-1.82
-0.7
-0.23
0.35
0.7
0.18
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.05
5.24
6.85
8.47
10.4
10.37
9.94
11.36
12.04
5.31
5.09
4.44
4.25
3.6
Tangible Book Value per Share
7.05
5.24
6.85
8.47
10.4
10.37
9.94
11.36
12.04
5.31
5.09
4.44
4.25
3.6
Basic Weighted Avg Shares
93
82
77
80
89
88
79
88
105
115
125
131
131
129
Sales/Revenue/Turnover
375
-123
150
142
168
9
198
218
78
-772
36
-78
-19
-83
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
365
-127
145
135
161
-5
164
207
64
-782
22
-85
-29
-91
Effective Tax Rate (%)
0.05
- -
0.05
0.07
0.04
- -
0.15
0.2
- -
- -
- -
- -
- -
- -
Profit Margin (%)
97.12
103.53
96.5
95.25
96.2
-57.14
82.85
95.12
81.99
101.33
62.6
109.46
150.28
110.32
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
20
32
72
94
70
99
145
164
152
77
47
27
Total Equity
634
388
503
726
880
877
777
1,080
1,401
613
666
581
547
461
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
75.68
- -
31.83
21.14
18.88
- -
18.01
20.43
4.68
- -
2.81
- -
- -
- -
Return on Common Equity (%)
75.68
-24.93
32.56
22.05
20.1
-0.55
19.8
22.28
5.14
-77.63
3.5
-13.65
-5.18
-17.75

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
129
128
128
Market Capitalization
307
238
218

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
51
17
16
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.61%
-7.32%
-5.97%
Free Cash Flow
-152.32%
-39.67%
98.33%
Net Income, GAAP
-557.35%
-408.85%
-65.68%
Sales/Revenue/Turnover
49.49%
-330.75%
-75.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
-62
-26
8
-78
2025
-13
33
- -
-36
-19
2026
-81
1
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.51
-0.2
0.05
-0.65
2025
-0.11
0.24
- -
-0.29
-0.22
2026
-0.65
-0.01
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Per Brilioth
Full Time Employees
7
Sector
Finance
Industry
Financial conglomerates
Address
Mäster Samuelsgatan 1 Stockholm AB Sweden SE-111 44
IPO Date
Jun 29, 2020
Business
VNV Global AB (publ) is a Stockholm-based private equity and venture capital firm specializing in growth capital, buyout investments, incubation, and venture investments across seed, early, mid, and late stages. Founded in 2007, the company focuses on long-term investments primarily in consumer marketplaces, mobility, and digital health sectors, targeting companies with strong network effects and significant value increase potential. Its portfolio includes notable investments such as BlaBlaCar, Voi Technology, Babylon, and others, with operations and investments spanning global markets including Europe, the Middle East, Africa, Latin America, North America, and the Caribbean. VNV Global generally prefers to take significant minority or majority stakes in unlisted companies where it can actively influence management through board representation. The company’s core products are investment holdings in digital marketplaces, mobility services (e.g., shared e-scooters, e-bikes, carpooling), digital health platforms, and other tech-driven sectors. VNV Global emphasizes supporting innovative, mission-driven entrepreneurs who address large markets through scalable technology solutions. Its portfolio companies operate in highly competitive environments and include services such as shared mobility fleets, digital health subscriptions, and fintech offerings. In terms of recent major developments, VNV Global completed a transformational merger with MaxAB, expanding its reach in marketplace services and now serving over 450,000 informal retailers. In 2024, it secured $55 million in refinancing and new funding from Mars Growth Capital and others to accelerate growth in its portfolio. Notably, the company has continued to expand its mobility portfolio, adding new e-bikes and e-scooters while enhancing operational margins at Voi Technology. VNV also restructured to become a holding company for several key assets such as Flo, Simple, Zing, and Prisma Labs, achieving more than 60% revenue growth consolidated, with positive EBITDA and cash flow generation from its most mature businesses. Additionally, it launched a new management incentive program with a five-year performance period in 2024. VNV Global’s investment approach is opportunistic and stage-agnostic, focusing on building strong moats around its portfolio companies and supporting them to scale profitably over time. It operates primarily from its Stockholm headquarters with additional offices in Hamilton, Bermuda, Amsterdam, and Cyprus. This comprehensive profile reflects VNV Global AB’s focus on tech-driven investment strategies, geographic diversification, and recent strategic initiatives to enhance its portfolio's growth and profitability.

Company News

  • VNV Global AB (publ) (VSTKF) Analyst/Investor Day Transcript

  • VNV Global AB (publ) (VSTKF) Q2 2026 Earnings Call Transcript

  • VNV Global AB (publ) (VSTKF) Q1 2026 Earnings Call Transcript

  • VNV Global AB (publ) (VSTKF) Q4 2025 Earnings Call Transcript

  • VNV Global AB (publ) (VSTKF) Q3 2025 Earnings Call Transcript