Handshakes in the unicorn perspective More ›
MCI having operated for 20 years means that the best is still ahead of us. Our future is driven by a powerful, widespread, and dynamic trend – the digital transformation of economy. More ›
MCI Capital S.A. (The Company, MCI) finished Q1 2019 with a net profit of over PLN 26 million and a further increase of NAV/S.
Profit per share amounted to PLN 0.50 (vs. PLN 1.28 in the corresponding period last year). NAV/S amounted to PLN 24.40 (vs PLN 23.90 as of 31 Dec. 2018, and PLN 21.89 as of 31 March 2018). This indicator is still the main determinant of the Company’s performance. More ›
Financial results of MCI Capital S.A. (MCI, Company) in 2018: net profit: PLN 175 million, return on investment: PLN 219 million, NAV per share: PLN 23.90 PLN, a record high number of investment exits.
- In 2018, MCI generated a net profit of PLN 175 million (an increase of 67%) compared to PLN 105 million the year before. Return on investment was reported at PLN 219 million (an increase of 76%), mainly due to contributions from MCI.EuroVentures Subfund (PLN 212 million) and MCI.TechVentures Subfund (PLN 24 million);
- Net assets (NAV) of MCI as at 31 Dec 2018 amounted to PLN 1 billion 265 million, translating into a NAV per share of PLN 23.90 (156% above the MCI stock exchange price rate as at 31 December 2018);
- In 2018, the funds in which MCI has invested reached a record high number of investment exits – the exits announced in that period amounted to above PLN 690 million (including dividends). The Funds spent PLN 337 million on new investments and subsequent financing rounds for their current portfolio companies;
- Net debt ratio (net debt to assets ratio) stood at 12% – the lowest in 5 years.
The Frisco.pl online supermarket, leader of the Warsaw e-grocery market and the only pure-player in Poland, included in the portfolio of MCI.TechVentures Fund (MCI Group), recorded in 2018 a 32.4% sales increase to PLN 96.53 million. The increase is directly related to the consistent expansion of its active customer base, which is currently comparable to the number of people visiting seven hypermarkets. More ›
At the beginning of March 2019, IAI S.A., the portfolio company of MCI.EuroVentures fund and a well-known supplier of solutions for operating online stores for medium and large companies, will introduce a subscription plan which will make similar functionalities also available to small companies. More ›