Mountain Alliance AG publishes half-year financial statements 2024 - Net asset value per share at € 6.67

EQS-News: Mountain Alliance AG / Key word(s): Half Year Results Mountain Alliance AG publishes half-year financial statements 2024 - Net asset value per share at € 6.67 13.09.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Mountain Alliance AG publishes half-year financial statements 2024 - Net asset value per share at € 6.67

• Net asset value (NAV) at € 46.0 million (31 December 2023: € 45.7 million)
• NAV per share at € 6.67 (31 December 2023: € 6.64)
• Successful exit at AlphaPet
• Further exit options in the portfolio

Munich, 13 September 2024 - Mountain Alliance AG (MA, ISIN DE000A12UK08) today published its half-year financial statements for 2024 and the net asset value as of 30 June 2024. The half-year financial statements of Mountain Alliance AG were prepared in accordance with the provisions of the German Commercial Code (HGB) and the German Stock Corporation Act (AktG).

In the first half of 2024, Mountain Alliance AG generated revenue of € 61,761 in accordance with the German Commercial Code (HGB) compared to € 63,833 in the previous year. Earnings after taxes improved to € -506,783 after € -584,659 in the same period of the previous year. On a net basis, there was a loss of € -507,065 for the first half of 2024 after a loss of € -584,970 in the same period of the previous year. The improvement in earnings mainly reflects personnel changes within the company and the associated utilization of synergies in administrative functions within the Group.

The portfolio value as of 30 June 2024 was € 46.7 million, compared to € 47.5 million as of 31 December 2023. Considering the net financial liabilities of € 0.8 million, the net asset value (NAV) of Mountain Alliance AG as of 30 June 2024 was € 46.0 million, compared to € 45.7 million at the end of 2023. Based on 6,885,584 outstanding shares, this results in a NAV per share of € 6.67 as of 30 June 2024 compared to € 6.64 as of 31 December 2023.