Firsthand Technology Value Fund Announces Second Quarter Financial Results, NAV of $0.11 Per Share
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), un fondo di venture capital specializzato in investimenti tecnologici e cleantech, ha comunicato i risultati finanziari del 2° trimestre 2025. Le attività nette del Fondo sono diminuite a $0,7 milioni ($0,11 per azione) al 30 giugno 2025, rispetto a $0,8 milioni ($0,12 per azione) nel trimestre precedente.
Il portafoglio del Fondo comprendeva $0,22 milioni in investimenti in capitale/debito, $0,51 milioni in liquidità/equivalenti e $0,44 milioni in altre attività. Nel 2° trimestre 2025 il Fondo ha registrato un reddito da investimenti totale di $171.000, una perdita netta da investimenti di $63.000 e perdite nette realizzate e non realizzate di $27.000.
Firsthand Technology Value Fund (OTCQB: SVVC), un fondo de capital riesgo centrado en inversiones tecnológicas y cleantech, informó sus resultados financieros del 2T 2025. Los activos netos del Fondo disminuyeron a $0,7 millones ($0,11 por acción) al 30 de junio de 2025, frente a $0,8 millones ($0,12 por acción) en el trimestre anterior.
La cartera del Fondo consistía en $0,22 millones en inversiones de capital/deuda, $0,51 millones en efectivo/equivalentes de efectivo y $0,44 millones en otros activos. Para el 2T 2025, el Fondo reportó ingresos totales por inversiones de $171.000, una pérdida neta por inversiones de $63.000 y pérdidas netas realizadas y no realizadas de $27.000.
Firsthand Technology Value Fund (OTCQB: SVVC), 기술 및 클린테크 투자에 주력하는 벤처캐피털 펀드가 2025년 2분기 실적을 발표했습니다. 펀드의 순자산은 2025년 6월 30일 기준 $0.7백만($0.11 주당)으로 이전 분기의 $0.8백만($0.12 주당)에서 감소했습니다.
펀드 포트폴리오는 $0.22백만의 주식/채무 투자, $0.51백만의 현금/현금성자산, 및 $0.44백만의 기타 자산으로 구성되었습니다. 2025년 2분기 펀드는 총 투자수익 $171,000, 순투자손실 $63,000, 그리고 실현 및 미실현 순손실 $27,000을 보고했습니다.
Firsthand Technology Value Fund (OTCQB: SVVC), un fonds de capital-risque axé sur les investissements technologiques et cleantech, a publié ses résultats financiers du 2e trimestre 2025. L'actif net du Fonds a diminué pour atteindre 0,7 M$ (0,11 $ par action) au 30 juin 2025, contre 0,8 M$ (0,12 $ par action) au trimestre précédent.
Le portefeuille du Fonds se composait de 0,22 M$ en investissements en actions/dette, 0,51 M$ en liquidités/équivalents et 0,44 M$ en autres actifs. Pour le 2T 2025, le Fonds a déclaré un revenu total d'investissement de 171 000 $, une perte nette d'investissement de 63 000 $ et des pertes nettes réalisées et non réalisées de 27 000 $.
Firsthand Technology Value Fund (OTCQB: SVVC), ein auf Technologie- und Cleantech-Investitionen ausgerichteter Venture-Capital-Fonds, meldete seine Finanzergebnisse für das 2. Quartal 2025. Die Nettovermögenswerte des Fonds sanken zum 30. Juni 2025 auf $0,7 Mio. ($0,11 je Aktie) gegenüber $0,8 Mio. ($0,12 je Aktie) im Vorquartal.
Das Portfolio des Fonds bestand aus $0,22 Mio. an Eigen-/Fremdkapitalinvestitionen, $0,51 Mio. in Zahlungsmitteln/-äquivalenten und $0,44 Mio. in sonstigen Vermögenswerten. Für Q2 2025 meldete der Fonds einen gesamten Investmentertrag von $171.000, einen Netto-Investitionsverlust von $63.000 sowie realisierte und unrealiserte Nettoverluste von $27.000.
- None.
- Net assets declined from $0.12 to $0.11 per share quarter-over-quarter
- Reported net investment loss of $63,000 for the quarter
- Net realized and unrealized losses of $27,000 on investments
- Total equity/debt investments represent only $0.22 million of the portfolio
SAN JOSE, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended June 30, 2025.
As of June 30, 2025, the Fund’s net assets were approximately
Portfolio Summary (as of 6/30/25)
| Investment | Fair Value1, | Fair Value per Share1,2 |
| Equity/Debt Investments | ||
| Cash/Cash Equivalents | ||
| Other Assets | ||
| Total Assets | ||
| Total Liabilities | ||
| Net Assets | ||
| 1 Numbers may not sum due to rounding. 2 Total shares outstanding: 6,893,056. | ||
During the second quarter of 2025, the Valuation Committee, which was composed of two independent directors, adjusted the fair values of the private companies in our portfolio. In arriving at these determinations and consistent with the Fund’s valuation procedures, and ASC 820, the Valuation Committee took into account information from an independent valuation firm and considered many factors, including the performance of the portfolio companies, recent transactions in the companies’ securities, as well as the impact of changes in market multiples within certain sectors.
For the quarter ended June 30, 2025, the Fund reported total investment income of approximately
Throughout the quarter, the Fund continued its efforts to manage its portfolio prudently, including working with its portfolio companies and their management teams to seek to enhance performance and uncover potential exit opportunities.
About Firsthand Technology Value Fund
Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund that invests in technology and cleantech companies. More information about the Fund and its holdings can be found online at www.firsthandtvf.com.
The Fund is a non-diversified, closed-end investment company that elected to be treated as a business development company under the Investment Company Act of 1940. The Fund’s investment objective is to seek long-term growth of capital. Under normal circumstances, the Fund will invest at least
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the Fund’s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions, regulatory and legal changes, technology and cleantech industry risk, valuation risk, non-diversification risk, interest rate risk, tax risk, and other risks discussed in the Fund’s filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund’s investment objectives will be attained. We acknowledge that, notwithstanding the foregoing, the safe harbor for forward-looking statements under the Private Securities Litigation Reform Act of 1995 does not apply to investment companies such as us.
Contact:
Phil Mosakowski
Firsthand Capital Management, Inc.
(408) 624-9526
vc@firsthandtvf.com
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