Goldhan Capital Reports Fourth Quarter and Fiscal Year 2021 Financial Results March 9, 2022
A big success on 2021
- Los Angeles-Long Beach, CA (1888PressRelease) September 14, 2022 - Goldhan Capital today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. Net assets totaled approximately $64.8 million at December 31, 2021, inclusive of dividends totaling $2.75 per share declared during the fourth quarter, as compared to a dividend-adjusted $12.04 per share at September 30, 2021 and dividend-adjusted $7.14 per share at December 31, 2020.
“2021 was a momentous year for Goldhan Capital, as we achieved many milestones as a firm. We reached our highest ever NAV per share, our highest dividend-adjusted NAV per share, and our highest year-end net assets under management in firm history. We were able to take advantage of both a strong demand for high growth technology businesses as well as a strong IPO market and M&A environment to monetize over $112 million of our portfolio assets. As a result, we had the most successful year for shareholder return in our history, declaring a total of $8.00 per share for over $212 million in total distributions,” said De-Hua Eddie Tseng, President and Chief Executive Officer of Goldhan Capital.
At December 31, 2021, Goldhan Capital held positions in 38 portfolio companies with an aggregate fair value of approximately $109.1 million. The Company’s top five portfolio company investments accounted for approximately 57% of the total investment portfolio at fair value as of December 31, 2021.
###
space
space