November 16 (SeeNews) - Bulgarian investment company ImPulse I [BUL:IMP] posted a net loss from changes in the fair value of financial assets of 518,000 levs ($275,960/264,850 euro) for the first nine months of 2022, after a loss of 592,000 levs in the first half of the same year.
The company booked a pretax loss of 530,000 levs in the January-September period, compared with a loss of 633,000 levs in the first six months, ImPulse I said in an interim financial statement on Tuesday.
At the end of September, the investor’s total assets amounted to 6.24 million levs, up from 6.13 million levs at the end of June.
According to the statement, the value of ImPulse I's investments in companies traded on the Bulgarian Stock Exchange was 1.51 million levs at the end of September, declining from 1.66 million levs at the end of June.
ImPulse I has investments in the stock exchange operator itself, as well as in Telelink Business Services Group [BUL:TBS], Speedy [BUL:SPDY], Telematic Interactive Bulgaria [BUL:TIB] and Smart Organic [BUL:SO].
Through its funds ImVenture I and ImVenture II, ImPulse I invests in unlisted startups and more mature companies. The value of the positions of the two funds stood at 196,000 levs and 4.31 million levs at the end of September, respectively.
The two funds hold interests in companies such as Allterco [BUL:A4L], Biodit [BUL:BDT], A4Everyone (A4E), Boleron and Browswave among others.
(1 euro = 1.95583 levs)