Molten Ventures Plc announced its final results for the year ended March 31, 2026, highlighting strong Net Asset Value (NAV) growth and successful realisations. The firm reported a Gross Portfolio Value of GBP1,525m and increased its net assets to GBP1,324m, driven by compelling exits and efficient cost management. Management noted that the results reflect the company's established platform and ability to support ambitious European technology companies.
Key points
- The Group reported a Gross Portfolio Value of GBP1,525 million and Net Assets of GBP1,324 million for the year ended March 31, 2026.
- Molten Ventures completed significant share buybacks totaling GBP38 million during the year, alongside receiving cash proceeds from realisations amounting to GBP120 million.
- The Core Portfolio remains robust, with companies averaging over USD600 million in revenue and maintaining an average gross margin of 70%.
- The company secured a cornerstone investor for its new Growth Fund and realized further funds from Revolut while preserving future upside potential.
- CEO Ben Wilkinson stated that the results demonstrate Molten's differentiated platform, strong track record, and ability to generate value for shareholders across market cycles.
Claims assessed
- VerifiableMolten Ventures achieved strong NAV growth and compelling realisations in FY26.
- VerifiableThe Core Portfolio companies average a gross margin of 70% for 2026, excluding pre-revenue entities.
- VerifiableMolten Ventures' administrative expenses were only 0.5% of the year-end NAV, significantly below the targeted 1%.
Missing context
While the article provides detailed financial metrics and operational highlights, it does not include a comparative analysis of these results against general market benchmarks or industry averages for venture capital firms, making it difficult to gauge the overall competitive standing without external context.
