LSE:GROW · Financials · Venture capital investment company (FTSE-listed) investing in early-to-late-stage European technology businesses

Molten Ventures plc

Molten Ventures plc (formerly Draper Esprit plc) is a listed venture capital investment company that invests in and develops high-growth, early-to-late-stage unquoted European technology businesses across consumer technology, enterprise technology, hardware & deeptech, and digital health sectors. As an IFRS 10 investment entity it holds its portfolio at fair value through profit or loss rather than consolidating investees, generating returns primarily from portfolio value appreciation and realisations, supplemented by management/performance fee income from managed EIS/VCT funds and a Fund of Funds programme. At 31 March 2026 its Gross Portfolio Value was £1,525m across 100+ companies, with a Core Portfolio of 17 companies representing 64% of value.

Export the Molten Ventures plc factsheetfree account Open the FY2026 report

LSE:GROWClose, 16 Oct 2026

−1.3% on the day+62.3% over a year

Market cap£1.14bn
52-week range399p – 707p
Price / earnings9.5×
Free cash flow yield0.9%
Shares traded a day710k

Prices to 16 Oct 2026 · ratios on the FY2026 accounts · not investment advice

The company

Admitted15 Jun 2016
Registered office20 Garrick Street, London, WC2E 9BT
IncorporatedUnited Kingdom
Employees58
Reports inGBP
Companies House09799594
Websitemoltenventures.com
Chief executiveBen Wilkinson
Finance directorAndrew Zimmermann
ChairLaurence Hollingworth
AuditorPricewaterhouseCoopers LLPclean opinion in all 10 reports read · 1 change of auditor
Adviser and brokerDeutsche Numis and Berenberg (joint brokers/financial advisers) - London Main Market listing (not AIM, so no formal Nomad)
Next annual reportExpected 18 Jun 2027for the year to 31 Mar 2027

Share price and financials

658p at close on 16 Oct 2026 · 11 reported years, FY2016–FY2026

Years in viewFY2016 – FY2027

16 Oct 2026658p+113.8% since 15 Jun 2016 426k traded

658p

Line	FY2016locked	FY2017locked	FY2018locked	FY2019locked	FY2020locked	FY2021locked	FY2022locked	FY2023locked	FY202603/26
Revenue	11.2	19.5	25.4	14.5	20.6	10.9	19.4	23.5
Operating profit	(15.0)	(20.2)	(25.8)	(16.5)	(23.9)	(27.7)	(24.4)	(24.4)
Exceptional items	2.6	2.4	1.9	1.1	1.1	1.9	1.9	2.3	—
Net finance cost	9.6	12.1	14.3	9.3	14.0	6.7	11.1	8.3
Profit before tax	38.3	55.0	61.4	79.3	63.0	38.7	74.6	64.6
Tax charge	3.0	2.5	2.6	2.9	4.7	2.7	2.4	5.5
Profit for the year	(50.3)	(35.4)	(59.3)	(47.0)	(76.0)	(55.1)	(43.0)	(35.8)
EBITDA	(28.1)	(23.5)	(24.7)	(19.1)	(14.4)	(24.9)	(16.3)	(12.5)
Basic EPS	(31.60p)	(37.22p)	(42.22p)	(29.75p)	(26.92p)	(23.71p)	(20.08p)	(32.31p)
Diluted EPS	(31.17p)	(32.42p)	(42.56p)	(30.53p)	(42.61p)	(39.22p)	(40.72p)	(33.16p)

GBP millions, negatives in brackets. Per-share lines in pence. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.

2 figures

3 years, at a glance

GBP · %

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2026Revenue£17.7mOperating margin−55.9%