Riverfort shares were up 2.9% to 0.9p in late morning trading on Friday, after the group reported a total operating income of £2.4 million in FY 2021.
Riverfort announced a net profit of £1 million, alongside a net asset value climb of 27% to £11.7 million and a net asset value growth of 1.4p per share.
The firm mentioned it continued to generate attractive returns through primarily investing via structure financings to provide funding for junior companies, providing cash return and downside protection.
The company added the demand for its investment capital had been growing strongly on the back of recent developments in global equity markets.
Riverfort also highlighted investments made in pre-IPO opportunities in technology, including in cybersecurity.
The firm commented that pre-IPO opportunities provided an attractive area of investment focus with the potential to achieve positive returns between the pre-IPO stage and a listing or exit.
The investment group noted a debt and equity-linked debt investment portfolio valuation of £5.8 million, an equity and other investments portfolio valuation of £2.5 million, pre-IPO investments valuation of £2.7 million and cash resources at £2 million for the financial year.
Riverfort confirmed an expected dividend of 0.03p per share, representing a current gross yield of 4%.