Altvest Capital, a listed alternative investment platform on the JSE (AltX), today announced its audited financial results for the 12-month period ended 28 February 2025. The Group delivered solid financial performance underpinned by asset base expansion, increased investment activity, and strengthened equity positioning.
Key Financial Highlights for the Period:
- Total assets increased to R254.9 million, up 103%;
- Non-current assets rose by 101% ;
- Equity grew 77% year-on-year;
- Current assets increased by 148% ;
- Revenue grew by 660% to R7.59 million;
- Interest income increased 1294%;
- Fair value gains on investments rose to R86 million.
The increase in total assets was primarily driven by a R90 million rise in the valuation of the Altvest Credit Opportunities Fund (ACOF), This underscores the quality and potential of the company’s investment portfolio.
Additional gains were supported by strategic capital deployment into Altvest’s investment subsidiaries, including Altvest Bitcoin Strategies, Altvest Financial Solutions, and Altvest Wealth.
Altvest Capital is still in the growth phase and will continue to invest in building a robust asset management platform, these results highlight the effectiveness of Altvest Capital investment strategy.
These results demonstrate the Group’s commitment to financial discipline, transparency, and sustained portfolio expansion across multiple asset classes while focus has shifted to reaching operational break-even, and they are confident this will be achieved within the next 12 months.
