Frontier IP Group PLC’s (LON:FIPP) portfolio of 19 investments includes a number of companies at a point where they are accelerating commercial development, paving the way for a step up in valuation or a potential exit, said broker VSA Capital.
“Frontier IP has a proven record in commercialising University IP and increasing its EPS and NAV as portfolio company valuations rise,” said VSA in a note to clients on Thursday as it initiated coverage with a ‘buy’ rating.
The investment company’s equity holdings are in four high growth technology clusters: artificial intelligence, robotics and big and sparse data; pathogens and cell imaging; food and agritech; and engineered particles and materials.
The year ending June 2020, saw Frontier IP’s portfolio value increase by 47% to £19.4mln.
“We believe that Frontier IP represents an excellent opportunity for investors to gain exposure to early-stage technology companies, based on leading edge IP, which meets the needs and demands of international markets,” the broker said.