London · Delayed Price · Currency is GBP · Price in GBX Schroders Capital Global Innovation Trust plc - INOV Earnings Call Transcripts
Fiscal Year 2026
-
NAV per share rose 1.3% and share price climbed 10.5% as the fund advanced its managed wind down, realizing GBP 9.6 million from exits and increasing the planned tender offer to GBP 28 million. Life sciences exits and a positive revaluation of Revolut drove performance.
Fiscal Year 2025
-
NAV per share rose 11.5% and share price climbed 38.2% year-over-year, with GBP 37 million returned to shareholders. Major exits and strong portfolio performance were offset by markdowns in some holdings, and further capital returns are planned for 2026.
Fiscal Year 2024
-
NAV declined 25.2% year-over-year, mainly due to legacy holdings, while new investments delivered strong exits with high multiples. The trust is entering an orderly wind-down, prioritizing value maximization, with a GBP 30 million capital return planned for early summer.