Financials
Scalare Partners Holdings Limited (SCP)
Scalare Partners Holdings Limited is an Australian-listed investment company (LIC) that invests in a portfolio of early-stage, high-growth technology businesses. The company provides both capital and strategic support to its investee companies, aiming to accelerate their growth and commercialisation. Its portfolio typically includes businesses in sectors like SaaS, FinTech, and deep technology, primarily operating in Australia.
Market Cap
A$13M
Shares on Issue
N/A
Price Chart
AI Analysis
As a micro-cap LIC with a market capitalisation of A$13M, SCP's performance is directly tied to the valuation of its unlisted technology portfolio. Its key metric is its Net Tangible Asset (NTA) backing per share, which fluctuates with follow-on funding rounds, new investments, or write-downs of its portfolio companies. The company's share price often trades at a significant discount or premium to its reported NTA, heavily influenced by low liquidity and market sentiment towards the speculative end of the tech sector.
SCP's growth outlook is entirely dependent on the success of its portfolio companies achieving significant scale or an 'exit' event. The primary catalyst for shareholder value creation is the successful sale or IPO of a key holding at a substantial premium to its carrying value. The company's strategy involves identifying new high-potential startups and actively managing its current portfolio. Future capital raisings by SCP may be required to fund new investments, which could be dilutive to existing shareholders but are necessary for growth.
Bull Case
- • Successful exit of a key portfolio company via a trade sale or IPO, leading to a significant cash return and a re-rating of the share price.
- • Strong performance and positive re-valuation of one or more major holdings in a new funding round, causing a substantial uplift in SCP's Net Tangible Assets (NTA).
- • Improved market sentiment towards early-stage tech narrows the discount between the share price and the reported NTA.
Bear Case
- • Failure or significant write-down of a key portfolio company, leading to a material reduction in NTA and investor confidence.
- • A prolonged downturn in the tech sector, making it difficult for portfolio companies to raise further capital and depressing valuations across the portfolio.
- • The need for a highly dilutive capital raising by SCP at a deep discount to fund ongoing operations or follow-on investments.
Recent Announcements
Quarterly Activities/Appendix 4C Cash Flow Report
🚨 Price SensitiveThe ASX announcement for company Ticker: SCP reveals that, as a Commitments Test Entity (CTE), it has submitted its quarterly cash flow report in Appendix 4C of the Quarterly Activities document. Investors should review this detailed financial
FAQs
What does SCP do?
SCP is a listed investment company (LIC) that invests in a portfolio of unlisted, early-stage Australian technology companies. It acts like a publicly-traded venture capital fund, providing capital and support to help startups grow, aiming to sell its stakes for a profit in the future.
Is SCP a good investment?
SCP is a high-risk, speculative investment. The potential for high returns is tied to the success of its early-stage portfolio, which could be substantial if a company achieves a major exit. However, the nature of startup investing means there is also a significant risk of capital loss if its investments fail.
What drives SCP's share price?
The key drivers are changes in its Net Tangible Asset (NTA) backing per share, positive or negative news from its portfolio companies, and overall market sentiment towards the technology and venture capital sectors. A successful 'exit' (selling a portfolio company at a profit) is the most significant potential positive catalyst.
Key Metrics
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