Closed-ended investment company INVL Technology

INVL Technology operates as a closed-end investment company, headquartered in Vilnius, Lithuania, focused on investing in and developing European information technology (IT) businesses. The company's mission is to identify national-level IT enterprises with high globalization potential, actively develop them, and transform them into global players. This strategy aims to contribute to innovation across countries, sectors, and companies, ultimately advancing society while generating significant returns for investors through profitable sales of its portfolio companies.

The company's portfolio is structured around three main groups: Novian, NRD Companies, and NRD Cyber Security. Novian specializes in software development, IT infrastructure, and digitization services. NRD Companies is a global GovTech and FinTech entity, focusing on e-registers and government e-services. NRD Cyber Security provides cybersecurity consulting, services, and technology solutions. These entities collectively target diverse market segments within the IT sector, including business-to-business (B2B) and business-to-government (B2G) clients.

As of March 31, 2026, INVL Technology reported a net asset value (NAV) of EUR 65.5 million, with a per-share value of EUR 5.47, reflecting a 1% increase since the year's start. The company posted an unaudited net profit of EUR 823 thousand in the first quarter of 2026, a notable improvement from a loss in the prior year, driven by increased demand for services and enhanced profitability. Kazimieras Tonkūnas serves as the Managing Partner and Chairman of the Investment Committee, with Andrius Načajus as the Chief Executive Officer. The company operates with a defined operational period, with its investments slated for realization by mid-July 2028 at the latest, and proceeds distributed to shareholders.