The investment research firm Enlight Research has published a report on the third-quarter financial results of the listed private equity fund INVL Technology. The analysis notes that for a second quarter in a row INVL Technology’s revenue grew steadily and was up 22% from the same period a year earlier. According to Enlight Research, that is further proof that the technology sector can grow during a pandemic.
“We do not regard INVL Technology’s growth as pandemic driven, i.e. this is not a stay-at-home tech company like e.g. Netflix or Zoom. Consequently, we foresee a pick-up in growth once the pandemic is over, as this will enable the resumption of new product sales to existing and new clients,” the report for November states.
Enlight Research is an investment research firm that undertakes research commissioned by companies, seeking to provide high-quality analysis that investors can use to form their own investment decisions. The firm makes its reports available to all investors free of charge and encourages investors to read all types of research, commissioned and traditional, when considering an investment. Its senior analysts have at least 20 years’ experience writing research.
The Enlight Research analysis commissioned by INVL Technology does not constitute investment research. The report was prepared for informational purposes and cannot be considered an offer to buy or sell shares. The responsibility for such a decision lies with the investor.
The full report by Enlight Research is available at: https://research.enlightresearch.net/ViewReport.action?resLibId=88241&&&forwardAction=ViewReport