News

  • Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations
    2023-10-02
    Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations

    Enlight Research has published an analysis of the financial results for the first half of 2023 of INVL Technology, a publicly listed company that invests in IT businesses. The report by Enlight Research states that the January-June revenues and profits of the businesses in INVL Technology’s portfolio were higher than analysts projected. The NAV discount…

  • News from INVL Technology managed companies: Novian’s revenue increased 27.6% in the first half of 2023 to EUR 18.5 million
    2023-09-13
    News from INVL Technology managed companies: Novian’s revenue increased 27.6% in the first half of 2023 to EUR 18.5 million

    The Novian software and IT infrastructure services group had aggregated revenue of EUR 18.5 million in the first half of 2023, an increase of 27.6% over the same period last year. The group’s EBITDA for the 6-month period was EUR 0.2 million and correspondingly grew 25.9%. There was an operating loss of EUR 0.3 million,…

  • News from INVL Technology managed companies: in the first half of 2023, NRD Companies expands its global footprint and reports significant revenue increase
    2023-09-11
    News from INVL Technology managed companies: in the first half of 2023, NRD Companies expands its global footprint and reports significant revenue increase

    NRD Companies, a global IT and consulting group of companies, specializing in governance and economic digital infrastructure development, has recently released its 2023 H1 report. The company’s consolidated revenue in 2023 H1 of €6.222 million was up 98% compared to 2022 H1. EBITDA (Earnings before interest, taxes, depreciation and amortization) increased to €567 thousand compared…

  • News from INVL Technology managed companies: NRD Cyber Security net profit increased by 49% in H1 of 2023
    2023-08-31
    News from INVL Technology managed companies: NRD Cyber Security net profit increased by 49% in H1 of 2023

    In the first half of this year, NRD Cyber ​​Security, a company that offers cybersecurity solutions, consulting, and other services, earned EUR 321,000 net profit, 49% more than during the same period in 2022. Company’s income in H1 of 2023 reached EUR 2,752, 14% more than in the first half 2022. Also, the share of…

About Us

  • INVL Technology operates as a closed-end fund (CEF) which invests in and develops European IT businesses. The company is headquartered in Vilnius and is listed on the Nasdaq Vilnius stock exchange.
  • INVL Technology owns 3 company groups: Novian (a leading Baltic IT company), NRD Companies (a global GovTech company), and NRD Cyber Security (a cybersecurity company).
  • On 14 July 2016, the Bank of Lithuania granted INVL Technology a permit to operate as a CEF for 10 years with a possible extension for 2 more years. The company is managed by INVL Asset Management.

Compliance

Value Creation

INVL Technology focuses on creating value through organic growth.
Aggregated revenue of companies managed by INVL Technology (thousands of euros)
R&D is a key priority for INVL Technology. In 2017-2022 its companies invested EUR 2.7 million in the development of proprietary products, software and methodologies.
Investment in R&D (millions of euros)

Legal Structure

Timeline

INVL Technology operational strategy is divided into 3 principal stages: investment period (2016-2021), value creation period (2021-2024), exit period (2024-2026) with an optional extension till 2028.

Contact Us

Send us an email using the form below.
Send us an email using the form below.

    *By pressing “Send” you agree to the collection and processing of your personal data (email address and message contents) for the purpose of providing a response to your request. Under the Company’s privacy policy, this information will be stored until the request is resolved and for no longer than 2 years from its submission. You can always withdraw your consent by [email protected].