On June 30, the company’s assets totaled RON8.1 million, up 2.5 times year-on-year, while total liabilities stood at RON2.1 million, up 28% from the similar period of 2020.
“The company’s vision is to grow exponentially, 50 times, in the next 10 years. The economic situation is favorable, the real estate is rising, all we should do is go by the development plan we have, but also make smart use of emerging opportunities,” says Andrei Botis, Appraisal & Valuation CEO.
Appraisal & Valuation shares started trading on the AeRo market of the Bucharest Stock Exchange on September 2.
The listing of Appraisal & Valuation follows the private placement of new shares held in June 2021. The company issued 387,000 shares at RON11.5/share, and managed to attract RON 4.4mn from the capital market. A number of 115 investors subscribed during the private placement, out of which 19 qualified investors (including professional) and 96 retail investors. The private placement and the listing were possible with the support of TradeVille.
(English version by Catalina Apostoiu)