OXO Technologies Holding N.V. Publishes 2024 Annual Stock Exchange Report
OXO Technologies Holding N.V. has published its annual stock exchange report for the financial year 2024. The report summarizes the results of a year shaped by the challenges of the technology sector and the capital markets. Despite the turbulent environment, the company successfully leveraged opportunities arising from market consolidation. Throughout the year, OXO completed a landmark industry acquisition that will shape the direction of its operations and growth trajectory in the long term. According to the report, the company not only delivered stable financial performance but also made significant strategic progress on its path to becoming an international investment platform.
In 2024, the company closed the financial year with a net profit of EUR 197,881. Its total assets increased by EUR 851,757, reaching EUR 17.034 million by year-end, while its equity stood at EUR 16.901 million. Completing its fifth year of operation, the company closed with retained earnings of EUR 2,086,126, equivalent to EUR 0.98 per share, from which the general meeting approved a dividend payment of EUR 0.95 per share.
A key highlight of 2024 was the preparation for the acquisition of 3TS Capital Partners. Through this transaction, the company integrated a regional private equity fund manager with over two decades of experience. As a result, the assets under management reached EUR 200 million. With this move, OXO not only strengthened its position in the Central and Eastern European region but also laid the groundwork for transitioning to a “Listed GP” model—operating as a publicly listed investment platform aligned with international fund management standards.
As part of its strategic transformation, the company completed the relocation of its headquarters to the Netherlands. This change supports the expansion of its international investor base and a stronger presence in global capital markets. Operational efficiency also improved significantly: by restructuring its portfolio—particularly through increased focus on secondary market transactions and yield-generating investments—the company achieved stable and sustainable financial growth.
OXO’s shares traded at an average price of EUR 6.62 over the year and EUR 6.47 over the last 180 days, with the year closing at EUR 6.50. The dividend of EUR 0.95 per share thus represents a yield of nearly 15%, while the price-to-earnings (P/E) ratio ranged between 6 and 7. Compared to the company’s book value of EUR 7.99 per share, the stock traded at an average annual discount of 20%, indicating a continued undervaluation.
The company’s long-term strategic objectives include international expansion, maintaining an active acquisition strategy, and establishing a stable and predictable dividend policy. Based on the achievements of 2024, meaningful progress was made on all three fronts—further strengthening OXO’s position within the Central European technology investment sector.
The 2024 annual report is available on our website: Financial Reports