Mountain Alliance AG Announces 2023 Annual Report with NAV per Share at €6.64

Mountain Alliance AG, the Munich-based investment company, has released its 2023 annual report, highlighting a Net Asset Value (NAV) per share of €6.64, compared to €6.89 in 2022. The total NAV stands at €45.7 million, slightly down from €47.4 million at the end of the previous year. This adjustment reflects a strategic shift, with the company selling its stakes in listed investments such as Exasol AG and Bio-Gate AG to focus more on private ventures through its venture capital network.

Despite challenging global economic conditions, including geopolitical tensions and rising market interest rates, Mountain Alliance AG reported a revenue of €150,217 for 2023, up from €69,603 in 2022. However, earnings after taxes were negative, with a net loss of €1,097,484, compared to €835,893 in the previous year. The company attributes these losses partially to the aforementioned challenging conditions affecting market valuation and increased operating costs.

Looking forward, CEO Dr. Hans Ulrich Tetzner emphasized the continued strategic refocus toward investment in promising private companies and operational expansion. This includes potential exits from profitable investments like Lingoda, demonstrating significant growth in value over the last year. Despite uncertainties due to geopolitical and economic factors, Mountain Alliance AG remains optimistic about its capacity to deliver enhanced shareholder value through strategic portfolio management.