Audited results of INVL Technology for 2015

Audited net profit of INVL Technology for 2015 amounted to EUR 2.51 million.

Additional information:

INVL Technology, a Company, investing in IT businesses, during 2015 had an audited net profit of EUR 2.51 million. Fair value of investments managed by the Company after acquisitions and revaluation reached EUR 16.96 million in 2015.

Value of companies, controlled by INVL Technology, at the end of 2015 was estimated by an independent evaluator – Deloitte verslo konsultacijos UAB. Value of Vitma, which controls 100 per cent of critical IT infrastructure company BAIP UAB and its subsidiary Acena UAB, was estimated at EUR 11.47 million, cybersecurity company NRD CS UAB – at EUR 1.77 million, NRD group – EUR 3.7 million.

During 2015, the Company also received EUR 598 thousands dividends from the managed companies. Equity of the Company as of 31 December 2015 was EUR 24.24 million or EUR 1.99 per share.

INVL Technology (Nasdaq Vilnius: INC1L) operates as a cluster of B2B- and B2G-oriented IT businesses with a focus in four key areas: business climate improvement and e-governance, IT infrastructure, cyber security and IT intensive industries‘ solutions.

         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         E-mail: [email protected]

Confirmation of responsible persons.pdf
INVL Technology Annual Report 2015.pdf

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