VNV Global AB (publ) (VNV) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hey, everybody. I think we're all set to go. I hope everyone sees my screen. Bjorn, do you see my screen? I do not. Okay. Okay. Someone sees my screen. Anyway, we'll fix that as we go along. Hey, welcome, everyone. This is our Q2. This is the day where we report our Q2. As usual, we prepared a few slides and we'll open up for questions. Björn will explain how that works, if you don't remember. Without further ado, let's kick off. First out, Björn will take us through some numbers. Sure. Thank you, Per. And as a reminder, as Per mentioned, if you want to ask a question later on, please use the Q&A function here on the Zoom. And we'll address that towards the end of the call. So let's start with the numbers. As per June 30th, Vinny Global's net asset value stood at $461 million, or $360 per share, which is flat during the quarter in dollar terms and up 2% in SEK. In SEK terms NAV was 4.5 billion SEK or just shy of 35 crowns per share. For the six month period NAV is down 16% in dollar terms and down 11% in SEK terms. If we jump to the next slide. We can see that the overall investment portfolio is USD $484 million and consisting of sort of $468 million worth of investments and $16 million in cash and cash equivalents. And of that investment line, approximately additional $9 million sits in short-term liquidity management investments. down from around 30 million end of Q1 as we redeployed the majority of those liquidity management investments in funding the partial bond buyback that which we completed in the quarter and with the buyback of course borrowings is down over the quarter to 27 million dollars versus 46 at the end of Q1, and that follows the sort of 167 million SEK bond repurchase, which we completed during the quarter at 104 of nominal amount. As you also not...