EPE Capital NAVPS soars 19.2% amid portfolio growth

EPE Capital Partners Ltd (JSE:EPEE) announced a 19.2% increase in its Net Asset Value Per Share (NAVPS) to R7.85 for the period ended December 31, 2024, up from R6.58. The company's share price also saw a substantial rise of 43%, reducing the discount to NAVPS from 43% to 31%. This growth was fueled by robust earnings within its unlisted portfolio, where attributable LTM revenue and EBITDA grew by 7% and 15%, respectively. Key contributors included Optasia, Vertice, E4, and Primedia. The company also benefitted from proceeds of R492 million realised from TRG Funds, which enabled debt reduction to R223 million and share buybacks. Looking ahead, the board is focusing on optimising portfolio returns and expediting capital returns to shareholders.