Touch Ventures Reports $74.3m NTA at 31 October 2026, Shares at 46% Discount

Aakashdeep

12 November 2026 10:15 AM AEDT

Touch Ventures Reports $74.3m NTA at 31 October 2026, Shares at 46% Discount

Image Source: Krish Capital Pty Ltd

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Touch Ventures Limited (ASX:TVL) disclosed a Net Tangible Asset (NTA) backing of $74.3 million, or 10.5 cents per share, as at 31 October 2026, with the company's closing ASX share price of 5.7 cents per share representing a approximately 46% discount to the net asset value per share.

Key Points

NTA of $74.3m (10.5 cents per share) at 31 October 2026, compared with $74.7m (10.5 cents per share) in the prior month
Portfolio value of $50.9m (7.2 cents per share) represents approximately 69% of net asset value
Net cash position of $23.4m (3.3 cents per share), comprising $16.0m cash and $7.5m term deposits, less $0.1m net working capital items
Month-on-month NTA movement driven by a non-cash decrease of $0.3m from unrealised foreign currency adjustments and $0.1m of operating expenses

NTA Movement and Balance Sheet Position at 31 October 2026

According to the filing, Touch Ventures recorded NTA of $74.3 million at 31 October 2026, compared with $74.7 million the prior month. The movements in NTA relate to a non-cash decrease of $0.3 million related to unrealised foreign currency adjustments of investments denominated in foreign currencies, and $0.1 million of operating expenses. Net cash of $23.4 million, representing approximately 31% of NTA, includes $16.0 million of cash and $7.5 million of term deposits, less $0.1 million of net working capital items. NTA figures are stated as unaudited with no adjustments for future exercises of options or performance rights, future tax liabilities or benefits, or end of period accounting adjustments.

Portfolio Company Developments During October

MARI, representing approximately 25.9% of NTA, hosted Frieze London and Frieze Masters in Regent's Park, London, from 14 to 18 October 2026, with the fairs welcoming 95,000 visitors from 108 countries and regions and record attendance by institutional representatives from 426 institutions across 51 countries. MARI also hosted the Melbourne Marathon on 11 October, where Eliud Kipchoge won in 2 hours, 9 minutes and 10 seconds, two seconds under the course record. Tixel, representing approximately 6.6% of NTA, launched its first integrated marketing campaign across YouTube, Facebook, Instagram and TikTok. Hone Health, representing approximately 3.8% of NTA, surveyed 660 female members on perimenopause symptoms and treatment.

Early Stage Portfolio Activity Including Plaee and Elita

Within the Early Stage Portfolio, which represents approximately 3.3% of NTA, Plaee announced a technology partnership with ProphetX, described as America's first federally regulated sports-native prediction market, with integration currently in beta. Separately, Axcera integrated Plaee's SimTrader to enable simulated prediction market trading. Elita launched a 24/7 veterinary telehealth service for dog owners in Australia, delivered with VetChat and included in Elita's Blueprint+ membership, with a US expansion to follow. The filing notes the launch followed Elita's A$1.9 million funding round, in which Touch Ventures participated alongside Boost VC, Gandel Invest, Artesian's Female Leaders Fund and M8 Ventures.

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