Mountain Alliance AG publishes half-year financial statements 2025 – Net asset value per share at €6.01

Mountain Alliance AG publishes half-year financial statements 2025 – Net asset value per share at €6.01

• Net asset value (NAV) at €41.4 million (December 31, 2024: €42.5 million), respectively €6.01 per share (December 31, 2024: €6.17)
• Successful completion of capital increase
• Planned portfolio expansion in high-growth civil and defense technologies in the areas of drone and satellite technology, cybersecurity, and artificial intelligence

Munich, September 26, 2025 – Mountain Alliance AG (MA, ISIN DE000A12UK08) today published its half-year financial statements 2025 prepared in accordance with the provisions of the German Commercial Code (HGB) and the German Stock Corporation Act (AktG) as well as its net asset value (NAV) as of June 30, 2025. In the first half of 2025, Mountain Alliance AG generated revenue of €102,317 compared to €61,761 in the previous year. Earnings after taxes reached €439,724 after €-506,783 in the same period of the previous year. On a net basis, the first half of 2025 saw a profit of €439,442, compared to €-507,065 in the same period of the previous year. The positive earnings development is primarily attributable to income from investments amounting to €924,400.

The portfolio value as of June 30, 2025, was €41.7 million, compared to €43.5 million as of December 31, 2024. Considering net financial liabilities of €-0.3 million, the NAV of Mountain Alliance AG as of June 30, 2025, amounted to €41.4 million, compared to €42.5 million at the end of 2024. Based on 6,885,584 outstanding shares, this results in a NAV per share of €6.01 as of June 30, 2025, compared to €6.17 as of December 31, 2024.

The first half of 2025 was dominated by preparations for further growth and refocusing of activities. As part of its planned shift toward more mature scale-ups, Mountain Alliance intends to acquire entire portfolios in a targeted manner. These acquisitions are to be structured primarily through the contribution of own shares at NAV. In addition to expanding the investment portfolio, the aim is also to strengthen the overall exit capability of the investments. As part of the planned expansion of the portfolio, the strategic focus is increasingly shifting toward the defense tech sector. The newly focused portfolio expansion centers on dual-use applications in the fields of drone and satellite technology, cybersecurity, and artificial intelligence. After the half-year reporting date, Mountain Alliance AG successfully placed a capital increase of €1.98 million in July 2025 for this purpose, in order to secure financing for potential short-term investments in the defense tech sector.

“We are currently reviewing various opportunities in attractive technologies for the further expansion of our portfolio. At the same time, we are strongly focused on exits,” says Dr. Hans Ulrich Tetzner, CEO of Mountain Alliance AG.

The interim financial statements for the first half of 2025 are available for download at www.mountain-alliance.de.
 

About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent, and experienced investor with many years of know-how and an excellent network, the company invests in innovative technology companies. The aim is to invest at an early stage in companies and business models that are actively shaping the future technology trends. The company gives shareholders easy access to a diversified portfolio of technology-oriented hidden champions via the stock exchange.
 

Contact:
Mountain Alliance AG
Dr. Hans Ulrich Tetzner
Sole Member of the Management Board
Theresienstr. 40
80333 Munich
e-mail: tetzner@mountain-alliance.de
www.mountain-alliance.de

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Gräfelfing/Munich
phone: +49 89 1250903-30
e-mail: sh@crossalliance.de
www.crossalliance.de