Mobeus Income & Growth 2 VCT Plc

Mobeus Income & Growth 2 VCT Plc

MIG.L
Mobeus Income & Growth 2 VCT PlcGB flagLondon Stock Exchange
57.00
GBp
+1.50
- -
55.07MMarket Cap
Mobeus Income & Growth 2 VCT Plc
MIG.L
(London Stock Exchange)

Recent

price

57.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2007
2008
2009
2010
2011
2012
2013
2015
2016
2017
2018
2019
2020
2021
2022
2023
FRC
- -
- -
- -
- -
- -
0.06
0.12
0.15
0.1
0.03
0.07
0.09
-0.01
0.35
0.14
-0.11
Revenue per Share
0.02
0.02
0.01
- -
- -
0.05
0.11
0.14
0.09
0.02
0.06
0.08
-0.02
0.35
0.14
-0.11
Basic EPS, GAAP
0.01
- -
0.02
-0.03
-0.01
- -
0.01
0.03
0.01
0.01
0.01
0.02
0.02
- -
-0.01
-0.03
Free Cash Flow per Basic Share
- -
0.07
0.08
0.02
0.05
0.04
0.04
0.19
0.05
0.15
0.17
0.05
0.27
0.07
0.18
0.14
Dividend per Share
0.33
0.65
0.63
0.67
0.28
0.34
0.39
0.5
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Book Value per Share
1.04
0.94
0.68
0.72
0.96
0.96
1.04
1.36
1.19
1.06
1.16
0.99
0.85
1.01
1.06
0.83
Tangible Book Value per Share
12
12
11
11
26
25
25
31
36
36
41
49
51
73
73
85
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
2
3
5
4
1
3
4
-1
26
11
-9
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
37.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
1
3
4
3
1
2
4
-1
26
10
-10
Net Income, GAAP
16.3
16.99
11.98
- -
9.02
- -
- -
- -
- -
3.98
2.12
1.55
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
82.63
89.28
93.62
91.53
67.68
85.42
91.1
201.92
98.69
96.16
105.3
Profit Margin (%)
- -
- -
2
3
7
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
13
11
8
8
25
25
26
42
43
38
48
49
44
74
78
70
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.71
3.65
1.98
-0.54
1.62
16.7
29.41
34.31
41.31
194.53
550.5
795.77
-189.28
3,839.78
1,315.95
-1,077.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.15%
11.43%
-9.13%
Free Cash Flow
-511.8%
-1,229.05%
200.16%
Net Income, GAAP
-260.32%
-579.49%
-195.33%
Sales/Revenue/Turnover
-526.93%
-1,096.16%
-187.06%
Total Cash Common Dividend
114.88%
96.26%
-10.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
11
2023
- -
- -
- -
- -
-9
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.14
2023
- -
- -
- -
- -
-0.11
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.18
2023
- -
- -
- -
- -
0.14
2024
- -
- -
- -
- -
- -
Business
Mobeus Income & Growth 2 VCT Plc (LSE:MIG.L) operates as a UK-listed venture capital trust that invests in a diversified portfolio of established, unquoted companies requiring growth capital; its core offerings include equity investments and loan stock across sectors such as consumer, healthcare and education, and B2B services, targeting businesses with innovative products, differentiated services, and ambitious management teams primarily in the UK. The company provides investors with a regular income stream through tax-free dividends generated from portfolio income and capital returns, while maintaining VCT qualification; it targets an annual dividend of 7% of opening net asset value per share and operates a share buyback policy for liquidity. Founded in 2000 and headquartered in London, the company focuses on mature-stage investments in small to medium-sized enterprises with high growth potential. In July 2024, Mobeus Income & Growth 2 VCT Plc undergoes a major restructuring as part of a merger of four Mobeus VCTs into two entities, with its assets and liabilities transferred to Mobeus Income & Growth VCT Plc before being placed into members' voluntary liquidation; this consolidation, approved by shareholders, enhances portfolio scale and operational efficiency. Following the merger, the surviving entity—formerly Mobeus Income & Growth VCT Plc—is renamed Gresham House Income & Growth 2 VCT Plc (LSE:GHV2) in June 2025, reflecting Gresham House Asset Management Limited's advisory role after acquiring the Mobeus VCT platform; the company is delisted from the Official List effective August 2024. Recent portfolio activity includes a partial exit from MRG generating £3.49 million in proceeds (3.3x multiple on cost), positive contributions from holdings like Veritek Global, Active Navigation, and MPB, alongside post-period investments in Mobility Mojo, Gentianes Solutions (Much Better Adventures), and follow-ons in Branchspace, Preservica, and FocalPoint Positioning.