Pomegranate Investment AB (publ) Releases Financial Report for the period of 6 months ended October 31, 2021.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO ANY U.S. PERSONHighlights of the reporting period • The net asset value of the Company was EUR 169.5 million as per October 31, 2021, corresponding to EUR 31.4 per share, compared with NAV per share of EUR 33.8 as per April 30, 2021. • Most of the companies in the portfolio have continued to perform well operationally over the course of the reporting period but have been impacted by a general reduction in tech / growth company valuations, which influence the peer multiples on which many are valued. This has resulted in a 7.2% reduction