As stated in previous report, Q2 was a strong quarter across our portfolio. We saw it flatten out in Q3 but was back again up during Q4. We said earlier that we most likely would change our NAV significantly by the end of the year but due to fluctuations quarter on quarter we remain on a somewhat cautious stand. Please read more in the attached file
During Q2, AGOF’s portfolio companies have shown great progress. On the back of Q2 we should revise our NAV significantly, but we maintain a cautious view until we can be sure of Q2 not being just a short-term positive spike.
It is hard not to start with the Coronavirus and the crisis it has caused but we really hope that everyone is safe and well. In general, though, AGOF and our portfolio are managing the crisis very well and we actually see a positive trend in our portfolio.
AGOF has increased its position in Push Gaming who is in an interesting phase. Despite 2019 being an investment year, Push managed to grow 200% year on year. Push also acquired a company which secures the company’s long-term growth agenda.
Six months have now passed since Sweden turned into a regulated market, and to say the least, it has been a couple of turbulent months. What a start from the regulatory body, Spelinspektionen!
We are looking back at 2018 with mixed feelings about market development and sentiment, as well as AGOF alone. Even though, AGOF has mostly developed in a direction which we are very pleased with but, as you all know, and I will come back later to this point, one of our cornerstone investments failed to go through, which consequently forced us to restructure in order to enable repayment to investors. This entire process turned out to be very time-consuming and value deteriorating diverting our focus from screening and identifying new investment opportunities.
Welcome to AGOF’s Q4 2017 shareholders report and the rst closing of annual accounts in AGOF. We would like to summarize 2017 as a great start for AGOF. We managed to conclude two very interesting investments, Casumo and Investoo, and along with that an add-on investment in Casumo.
Welcome to AGOF’s Q3 2017 shareholders report and to the rst quarterly report for AGOF since inception. We closed our investment company with SEK 260 million in available funds to invest. In total we are approximately 80 investors in AGOF and together we represent a broad range of experiences and know-how.