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INDICATIVE · SAMPLE DATA
BFSP55

Blackfinch Spring VCT PLC

UK Investment TrustsVerified

Blackfinch Spring VCT PLC has a fully diluted share count of 87,111,199 shares, with no difference between basic and diluted shares outstanding, indicating no dilution risk from stock options or convertible instruments. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company's profitability and return metrics are not available in the current valuation snapshot, making it difficult to compare with industry_config preferred metrics or cohort medians. As a UK Investment Trust, it is expected to report key performance indicators such as net asset value (NAV) per share, dividend yield, and portfolio turnover, but these are not disclosed in the current dataset. Geographically, the company is concentrated in the UK, with no disclosed international revenue streams. Its business model is centered on investing in UK-based SMEs, which exposes it to domestic economic conditions and regulatory changes. Growth trajectory data is not available in the current outlook, as no numeric deltas or revenue history are provided. As a closed-ended investment trust, its growth is primarily driven by the performance of its underlying portfolio and the ability to generate dividends for shareholders. The risk assessment indicates low dilution potential, with no dilution risk from stock options or convertible instruments. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. No adjustments were applied to the valuation metrics, as no custom_valuations adjustments_applied are disclosed. Recent events, including filings and transcripts, are not disclosed in the current dataset. As a UK-listed investment trust, it is expected to file annual reports and interim reports with the Financial Conduct Authority (FCA), but these are not available in the current source documents.

30-day price · BFSP-1.19 (-1.4%)
Low$82.81High$88.50Close$82.81As of29 Apr, 00:00 UTC
Profile
CompanyBlackfinch Spring VCT PLC
TickerBFSP.L
SectorFinancials
BusinessCollective Investments
Industry groupCollective Investments
IndustryUK Investment Trusts
AI analysis

Business. Blackfinch Spring VCT PLC is a UK-listed investment trust that primarily invests in small and medium-sized enterprises (SMEs) in the UK, with a focus on growth-oriented companies.

Classification. Blackfinch Spring VCT PLC is classified under the Financials sector, specifically in the Collective Investments business sector and the UK Investment Trusts industry, with a high confidence level of 0.92.

Blackfinch Spring VCT PLC has a fully diluted share count of 87,111,199 shares, with no difference between basic and diluted shares outstanding, indicating no dilution risk from stock options or convertible instruments. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company's profitability and return metrics are not available in the current valuation snapshot, making it difficult to compare with industry_config preferred metrics or cohort medians. As a UK Investment Trust, it is expected to report key performance indicators such as net asset value (NAV) per share, dividend yield, and portfolio turnover, but these are not disclosed in the current dataset. Geographically, the company is concentrated in the UK, with no disclosed international revenue streams. Its business model is centered on investing in UK-based SMEs, which exposes it to domestic economic conditions and regulatory changes. Growth trajectory data is not available in the current outlook, as no numeric deltas or revenue history are provided. As a closed-ended investment trust, its growth is primarily driven by the performance of its underlying portfolio and the ability to generate dividends for shareholders. The risk assessment indicates low dilution potential, with no dilution risk from stock options or convertible instruments. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. No adjustments were applied to the valuation metrics, as no custom_valuations adjustments_applied are disclosed. Recent events, including filings and transcripts, are not disclosed in the current dataset. As a UK-listed investment trust, it is expected to file annual reports and interim reports with the Financial Conduct Authority (FCA), but these are not available in the current source documents.
Key takeaways
  • Blackfinch Spring VCT PLC is a UK-listed investment trust focused on SMEs, with no dilution risk from stock options or convertible instruments.
  • The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
  • The company is geographically concentrated in the UK, with no disclosed international revenue streams.
  • Growth is primarily driven by the performance of its underlying portfolio and the ability to generate dividends for shareholders.
  • No recent events or filings are disclosed in the current dataset.
  • --
  • ## RATIONALES
  • ```json
Financial snapshot
PeriodHA-latest
CurrencyGBP
Revenue
Gross profit
Operating income
Net income
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets
Total liabilities
Total equity
Cash & equivalents
Long-term debt
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY-4$622.2k$96.3k$96.3k
FY-3$438.0k-$326.0k-$326.0k
FY-2$3.9M$3.0M$3.0M
FY-1$4.6M$3.0M$3.1M
FY0-$1.9M-$4.0M-$3.7M
PeriodGross %Op %Net %FCF %
FY-4
FY-3
FY-2
FY-1
FY0
PeriodAssetsEquityCashDebt
FY-4$11.9M$11.8M
FY-3$19.5M$19.3M
FY-2$29.7M$29.4M
FY-1$48.5M$48.0M
FY0$67.4M$66.8M
PeriodOCFCapExFCFSBC
FY-4-$458.8k
FY-3-$729.0k
FY-2-$936.0k
FY-1-$1.3M
FY0-$2.0M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
PeriodGross %Op %Net %FCF %
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
PeriodAssetsEquityCashDebt
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
PeriodOCFCapExFCFSBC
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book
Net cash
Current ratio
Debt/Equity
ROA
ROE
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskUnknown
  • Liquidity risk could not be assessed (no balance-sheet inputs and no going-concern language in source documents).
Industry benchmarks
Activity: UK Investment Trusts · cohort 1 companies
MetricBFSPActivity
Op margin86.0% medp25 53.6% · p75 95.9%
Net margin84.2% medp25 47.0% · p75 95.4%
Gross margin90.3% medp25 73.4% · p75 97.4%
CapEx / revenue-0.1% medp25 -0.1% · p75 -0.1%
Debt / equity3.8% medp25 0.0% · p75 9.5%
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-10 10:32 UTC#609d2816
Market quoteclose GBP 84.00 · shares 0.09B diluted
no public URL
2026-05-10 10:32 UTC#beb26410
Source: analysis-pipeline (hybrid)Generated: 2026-05-27 11:52 UTCJob: c021640e