earnings
confidence high
sentiment negative
materiality 0.85
Firsthand Technology Value Fund reports FY2023 NAV of $0.18/share, down from $4.44
Firsthand Technology Value Fund, Inc.
- Net assets fell to $1.3M from $30.6M; NAV per share dropped to $0.18 from $4.44.
- Net realized and unrealized losses on investments totaled $30.4M for the year.
- Adviser waived base management fee from Oct 2023 through Dec 2024 and waived $2.5M accrued fee.
- Total investment income was $0.1M; net investment income after fee waiver was $1.1M.
- Portfolio fair value $8.7M includes public/private securities; liabilities $7.55M.