Market's view on Vector Capital
Published on April 2024
- Vector Capital (VCAP) is noted for maintaining good performance and momentum despite uncertain economic conditions with a 12.4% increase in revenue and a steady profit before tax of £2.8m.
- The company’s loan book grew by 14.9% to £53.2m, and it has proposed a final dividend of 1.53 pence per share.
- Despite the positive financial results, VCAP’s share price opened down by -2.63% on the day of the announcement.
- Vector Capital will be presenting at the MelloMonday webinar, which is expected to attract over 500 investors.
- The presentation is part of a schedule that includes interviews and presentations from other companies and financial professionals.
- A university undergraduate pitched Vector Capital as a top UK small-cap stock to leading fund managers, highlighting its appeal to younger investors and academics.
- There are concerns about the potential for share dilution as a means to additional funding, although alternative funding sources are being considered.
- The company’s medium-term goal is to achieve a £100m loanbook, which is seen as a positive target that would enhance share value.