Hamilton Global Opportunities plc (ALHGO.PA) Published Its 2022 Full-Year Financial Results and Activity Report
27 Avril 2023 - 6:39PM
Business Wire
- Highlights for 2022:
- Completion of a second round of private placement financing
in January 2022
- Two Investments in Gauzy Ltd a world leader in smart glass
and ADAS technologies
- Follow on investment in Miami International Holdings
Inc.
- Financial elements:
- Profit after tax of €1.3 million
- Earnings per share €3.26
- Net assets of €14.4 million as of December 30, 2022
Regulatory News:
Hamilton Global Opportunities plc (GB00BMDXQ672 - ALHGO)
publishes its annual results for 2022, approved by the Board of
Directors on April 26, 2023, and its annual financial report, which
is available on the company's website in the Investors section
(hamiltongo.eu) and on the AMF website.
Gustavo Perrotta, Founder and CEO of Hamilton Global
Opportunities, said: "Although market conditions in 2022 were
particularly challenging we are extremely pleased to have been able
to continue with the implementation of our investment strategy. As
a part of that strategy we commit to being active and supportive
partners of our investee companies and this is demonstrated by our
follow on investments in both Miami International Holdings and
Gauzy Ltd. In terms of financial results we have been able to
improve profitability and grow Net Assets in the course of 2022
which provides us with a solid platform from which to look forward
to 2023.”
PERFORMANCE
Assets as at 30 December 2022
(in €)
December 31, 2022
December 31, 2021
Non-current assets
Tangible assets
3 871
2 297
Investments
12 726 184
5 592 071
Trade and other receivables
57 100
57 100
Total non-current
assets
12 787 155
5 651 468
Current assets
Trade and other receivables
240 764
143 041
Cash and cash equivalents
1 947 280
3 429 902
Total current assets
2 188 044
3 572 943
Total assets
14 975 199
9 224 411
Liabilities
Trade and other liabilities
57 100
57 100
Deferred tax liability
429 448
-
Total liabilities
486 548
57 100
Current liabilities
Trade and other payables
102 443
305 730
Total current
liabilities
102 443
305 730
Net assets
14 386 208
8 861 581
Details of the main changes in the financial
statements
Net assets amounted to €14.3 million, compared to €8.9 million
on December 31, 2021. This increase is due partly to the capital
increase for €4.5 million carried out in January and the
revaluation of certain assets in the investment portfolio.
At December 31, 2022, the cash position was €1.95 million.
Financial key performance
indicators
2022
2021
NAV per share
35.05
27.82
Earnings per share
3.26
(0.89)
Capital investment as a
percentage of net assets
88%
61%
Profit/loss before tax
1 767 474
(283 813)
Total shareholder return
-0.41%
16.67%
The share price as of 30 December 2022, at €48.80 remains in
line with the €49.00 share price at the same time the previous year
despite the challenging market conditions.
Highlights of the year 2022
Completion of a second private placement financing
On January 27, Hamilton Global Opportunities plc announced that
it had successfully raised €4.5 million from European institutional
investors at a price of €49 per share, in line with the closing
price on January 26, 2022. These new resources allowed Hamilton
Global Opportunities plc to accelerate the deployment of strategic
investments in mature growth companies in the US and Israel.
Second investment in Miami International Holdings, the first
private multi-market platform operator in the U.S.
On May 24, 2022, Hamilton Global Opportunities plc announced its
second investment in Miami International Holdings Inc., for US$2.15
million through a secondary share purchase.
Miami International Holdings, Inc. operates and manages multiple
Securities Exchange platforms, based on the MIAX platform,
developed in-house and designed for derivatives trading. MIAX
stands out by its proper protections, latency, and throughput,
features which are essential to the success of the trading
community. MIAX succeeded in building several marketplaces that
cater customer and trading community needs, competitive pricing,
superior customer service and outstanding technology, giving access
to the listing and trading of options on over 3,500 multi-listed
classes.
Completion of investments in Israeli company Gauzy
Ltd
On April 11, 2022, Hamilton Global Opportunities plc announced
that it had successfully completed an initial investment of US$2
million in Israel's Gauzy Ltd, a global leader in smart glass and
ADAS technologies, in a Series D financing round. This investment
was made as part of Hamilton Global Opportunities plc's momentum in
line with its strategy of focusing on technology companies with
strong potential for profitable and responsible growth. Gauzy is a
true pioneer in nanotechnology applied to light control, and is the
only materials science company in the world developing, producing
and commercializing two of the three technologies applied to smart
glass, Suspended Particle Devices and liquid crystals for use in a
variety of industries, as well as a number of ADAS (Advanced Driver
Assistance Systems) for vehicles in the automotive industry.
On September 7, 2022 Hamilton Global Opportunities plc announced
that it had successfully completed an additional investment of US$1
million in Israeli company Gauzy Ltd., bringing the total
investment to US$ 3 million plus associated warrants.
About Hamilton Global Opportunities:
Hamilton Global Opportunities PLC (“HGO”) is an investment
company listed on the Euronext Growth Market in Paris
(ALHGO) focusing on investments in Tech, Fintech and MedTech
principally in the United States and Israel. The HGO management
team has significant relevant experience in structuring direct
investments in the areas above mentioned. For more information,
please visit: hamiltongo.eu
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230427005815/en/
Hamilton Global Opportunities Gustavo Perrotta
Founder & CEO gp@hamiltongo.eu Gavin Alexander Director
& CRO ga@hamiltongo.eu
NewCap Louis-Victor Delouvrier Investor Relations
hamilton@newcap.eu +33 (0)1 44 71 98 53
NewCap Nicolas Merigeau Media Relations
hamilton@newcap.eu +33 (0)1 44 71 94 98
Hamilton Global Opportun... (EU:ALHGO)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Hamilton Global Opportun... (EU:ALHGO)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024