Vela Technologies #VELA – Quarterly Investment Update November 28, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, is pleased to report an investment update for the quarter ended 30 September 2024. Key numbers as at 30 September 2024 ·    The value of Vela’s total assets (including cash) increased by £251,000 during the quarter to £3,055,000 from £2,804,000 (quarter to 30 June 2024 – a decrease of £2,737,000). ·     The fair value of the investment portfolio (excluding cash)…

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Vela Technologies #VELA – Investee Co Skillcast #SKL results for 12 months ended 31 Dec 2023 April 25, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast (AIM: SKL), the provider of SaaS compliance platforms and off-the-shelf e-learning, is pleased to announce its audited results for the twelve months ended 31 December 2023. Highlights   2023   2022 Change (2023 v 2022 ) Total Revenue £11.3m £9.8m +15% Subscription revenue £8.6m £6.7m +28% Gross margin (%) 69.7% 70.1% -0.4pps Annualised recurring revenue (ARR)* £9.3m £6.8m +37% Overheads £8.8m £7.4m +18% (LBITDA)* -£0.6m -£0.3m n/a Basic loss of earnings per share (pence)…

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Vela Technologies #VELA – Investee company Skillcast #SKL Trading Update & Notice of Interim Results July 27, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast Group plc (AIM: SKL), the provider of content and technology for digital compliance transformation, is pleased to announce a positive trading update for the six months ended 30 June 2022. The Group expects to report revenues of £4.5 million for H1 2022, a 20% increase on the comparative period last year (H1 2021: £3.7 million). The growth was driven by a strong performance in recurring subscription revenues, which increased 32% on the same period…

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