Unlocking Value: INVL Technology’s 2023 Financial Results and Enlight Research’s Recommendation for Fair Valuation

Enlight Research recently published an analysis of INVL Technology’s 2023 financial results, which revealed a 14% increase in the company’s net asset value (NAV) per share to EUR 3.61. This growth was attributed to the strong performance of its portfolio companies’ sales and earnings before interest and taxes (EBIT).

The report also highlighted that INVL Technology’s NAV discount reached a historic high of around 40%, indicating that investors were undervaluing the company’s assets. Enlight Research raised its base case fair value per share for INVL Technology to EUR 3.79, up from EUR 3.34 previously.

Enlight Research provides equity research to both private and institutional investors, helping them make informed investment decisions. The company offers its reports free of charge, encouraging investors to utilize a variety of research sources, including commissioned and traditional reports. Its senior analysts have over 20 years of experience in writing research reports.

INVL Technology manages three companies: NRD Cyber Security, Novian, and NRD Companies, which specialize in cybersecurity, Baltic IT services, and GovTech services, respectively. The closed-end investment company is listed on the Nasdaq Vilnius stock exchange (INC1L) and is managed by INVL Asset Management. By July 14, 2026, the company plans to realize its investments distribute proceeds to shareholders and wind down the fund for more information about this topic can be found by contacting INVL Technology’s Managing Partner Kazimieras Tonkūnas via email at [k.tonkunas@invltechnology