Welcome to our dedicated page for Firsthand Technology Value Fund news (Ticker: SVVC), a resource for investors and traders seeking the latest updates and insights on Firsthand Technology Value Fund stock.
Firsthand Technology Value Fund reports financial results as a publicly traded venture capital fund investing in technology and cleantech companies. Recurring updates center on NAV per share, net assets, portfolio values for public and private securities, cash and cash equivalents, and realized or unrealized investment results.
The fund's quarterly and annual releases also discuss private-company fair-value adjustments by its Valuation Committee under ASC 820, use of independent valuation input, portfolio-company performance, recent securities transactions, sector market multiples, and efforts to identify exit opportunities.
Firsthand Technology Value Fund (OTCQB: SVVC) reported results for the quarter ended September 30, 2025: net assets $296,547 or $0.04 per share, down from approximately $0.7 million or $0.11 per share as of June 30, 2025. As of 9/30/25 the portfolio included public and private securities valued at $256,934 (≈$0.04 per share) and cash and cash equivalents of $59,009 (≈$0.01 per share).
For Q3 2025 the Fund reported total investment income $2,314, a net investment loss of $430,629, and net realized and unrealized losses of $20,083. Total assets were $811,382, total liabilities $514,835, with 6,893,056 shares outstanding.
Firsthand Technology Value Fund (OTCQB: SVVC), a venture capital fund focused on technology and cleantech investments, reported its Q2 2025 financial results. The Fund's net assets decreased to $0.7 million ($0.11 per share) as of June 30, 2025, compared to $0.8 million ($0.12 per share) in the previous quarter.
The Fund's portfolio consisted of $0.22 million in equity/debt investments, $0.51 million in cash/cash equivalents, and $0.44 million in other assets. For Q2 2025, the Fund reported total investment income of $171,000, a net investment loss of $63,000, and net realized and unrealized losses of $27,000.
Firsthand Technology Value Fund (OTCQB: SVVC) has released its financial results for the fiscal year ended December 31, 2024. The Fund's net assets decreased to $1.1 million ($0.15 per share) from $1.5 million ($0.22 per share) in September 2024.
The Fund's portfolio, valued at approximately $1.1 million, includes public and private securities, with $0.11 per share in cash and cash equivalents. For 2024, SVVC reported total investment income of $110 thousand and net investment income of $2.0 million, benefiting from waived management fees. However, the Fund experienced net realized and unrealized losses of approximately $2.1 million.
The Valuation Committee, comprising two independent directors, adjusted private company valuations considering multiple factors, including portfolio company performance, recent transactions, and market multiple changes within sectors.
Firsthand Technology Value Fund (OTCQB: SVVC) reported its Q3 2024 financial results. The Fund's net assets increased to $1.5 million ($0.22 per share) as of September 30, 2024, compared to $1.0 million ($0.15 per share) on June 30, 2024. The portfolio included securities valued at $1.4 million ($0.21 per share), including $0.15 per share in cash. The Fund reported total investment income of $36 thousand, a net investment loss of $0.4 million, and net realized and unrealized gains of $0.9 million for the quarter.
Firsthand Technology Value Fund (OTCQB: SVVC) reported its Q2 2024 financial results. The Fund's net assets increased to $1.0 million ($0.15 per share) as of June 30, 2024, compared to $0.2 million ($0.02 per share) on March 31, 2024. The portfolio, valued at $5.7 million ($0.82 per share), includes public and private securities.
Key financial highlights:
- Total investment income: $30,000
- Net investment loss: $0.2 million
- Net realized and unrealized gains: $1.0 million
The Fund's Valuation Committee adjusted fair values of private companies in the portfolio, considering various factors including company performance and market multiples.
Firsthand Technology Value Fund (OTCQB: SVVC) announced its Q1 2024 financial results. The net asset value (NAV) per share fell to $0.02 from $0.18 at the end of 2023. Total net assets decreased to $0.2 million from $1.3 million, significantly impacted by a $3 million write-down in Revasum, Inc. (ASX: RVS) shares, which were suspended from trading. The fund's portfolio, including public and private securities, was valued at $4.7 million. Investment income totaled $32 thousand, with net investment income of $2.8 million after expenses and a fee waiver agreement with Firsthand Capital Management, which waived $3 million in fees. However, net realized and unrealized losses on investments amounted to $3.9 million. The fund continues to work with portfolio companies to enhance performance and find exit opportunities.
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