Bailador Technology Investments (ASX: $BTI) FY24 Performance Highlights

Bailador Technology Investments Limited (ASX: $BTI) has reported a 9.2% post-tax return in the financial year ended 30 June 2024. The company declared a final dividend of 3.4 cents per share, representing an annualized yield of 5.8% and a grossed-up yield of 7.8%. The portfolio revenue grew by 47% over the last 12 months, reaching a combined portfolio revenue of $457m. Additionally, the company deployed $53m in cash to new investments, ending the year with a net cash position of $52m.

Executive Commentary on FY24 Performance and Dividend Policy

Bailador Technology Investments (ASX: $BTI) delivered a strong post-tax return of 9.2% in FY24, reflecting the company's commitment to generating value for its shareholders. The final dividend of 3.4 cents per share, fully-franked, demonstrates the company's ongoing dedication to providing a stable and attractive dividend stream. The portfolio's robust performance, with a 47% revenue growth and significant cash deployment into new investments, positions BTI favorably for future opportunities.

Summary of FY24 Results and Outlook

In FY24, Bailador Technology Investments (ASX: $BTI) showcased a solid performance with a 9.2% post-tax return and a 47% growth in portfolio revenue. The company's commitment to delivering a fully-franked dividend stream through the declaration of a 3.4 cents per share dividend highlights its focus on rewarding shareholders. With a strong net cash position of $52m, BTI is well-prepared to capitalize on new investment opportunities. The company's conservative valuation approach and track record of outperforming valuations with cash realizations further reinforce its position for future growth.