Bailador Technology Investments (BTI) AGM 2025 Presentation summary

Board and management

• Board includes experienced executives with re-elections for Andrew Bullock and Brodie Arnhold at the AGM.

• Co-founders David Kirk and Paul Wilson have extensive backgrounds in media, private equity, and portfolio company leadership.

Investment strategy and portfolio

• Focuses on high-growth, expansion-stage technology companies, balancing risk and reward.

• $41m deployed in FY25, with $20.6m invested in existing portfolio companies to fuel growth.

• Welcomed new investments in PropHero ($12.5m) and Hapana ($7.7m), both showing rapid valuation increases.

• Portfolio companies operate in diverse sectors: property investment, fitness, digital healthcare, wealth management, and travel tech.

Financial performance and returns

• Private portfolio delivered a 33% gross IRR in FY25, with $38m total gain on investments.

• $20m realised in FY25, with a further $25m realised from SiteMinder at a 36.9% IRR.

• Final dividend of 3.6c per share, total FY25 dividends at 7.3c per share, and grossed-up yield of 8.1%.

• Profit after tax for FY25 was $19.3m, with net assets per share rising to $1.64.