Blackfinch Spring VCT Plc (BFSP) Share Price & Analysis

BFSP Stock Chart & Stats

GBX 82.50GBX 0.00(0.00%)

At close: Oct 30 4:30 PM GMT

Day’s Range: GBX 82.00 - GBX 83.00
52-Week Range: GBX 81.00 - GBX 92.50
Previous Close: GBX 82.50
Volume: 8,250
Average Volume (3M): 0
Market Cap: GBP 71.93M
Enterprise Value: GBP 66.18M
Total Cash (Recent Filing): GBP 2.60M
Total Debt (Recent Filing): GBP 0
Price to Earnings (P/E): ―
Beta: -0.01
Next Earnings: Apr 29, 2027 (Est.)
EPS Estimate: N/A
Last Dividend Ex-Date: Jul 02, 2026
Dividend Yield: 5.70%

Bulls Say, Bears Say

Bulls Say

Debt-free Balance Sheet

A zero-debt, low-leverage balance sheet provides a durable financial buffer for a VCT holding illiquid, higher-risk private investments. Equity grew materially (from ~£3.7m in 2020 to ~£66.8m in 2025), giving capacity to ride out NAV volatility and avoid forced asset sales during downturns.

Active Capital Management

Management demonstrates consistent, shareholder-focused capital actions (dividends, buybacks, issuance/prospectus activity). This indicates durable access to funding and a governance stance prioritising returns and liquidity management, which supports the VCT model's need to realise value and return cash to investors over time.

VCT Investment Model

Operating as a VCT aligns the company with a patient, tax-incentivised retail investor base and a mandate for long-term growth-capital investments. This structural model supports disciplined, long-duration holdings and access to deal flow in UK growth segments, a durable advantage for sourcing and holding high-potential companies.

Bears Say

Persistent Cash Burn

Consistent negative operating and free cash flow (from about -£0.17m in 2020 to about -£2.0m in 2025) signals a structural inability to convert gains or operations into cash. For a VCT that funds investments and distributions, persistent cash burn raises the risk of future equity raises or pressured disposals to meet payouts.

Earnings Volatility & 2025 Collapse

Sharp earnings swings and the dramatic 2025 reversal undermine predictability of NAV and distributable reserves. Such volatility complicates portfolio planning, makes expected returns on underlying holdings uncertain, and increases the likelihood that future shareholder distributions depend on timing of exits rather than stable income generation.

Reliance On Realisations

The company's economic model depends on capital growth and realisations to generate cash for dividends. Given weak cash generation and volatile profits, this structural reliance creates mismatch risks: distributions and funding hinge on the timing and pricing of exits, which can be prolonged or depressed in slower markets.

Blackfinch Spring VCT Plc News

Blackfinch Spring VCT Wins Shareholder Backing for Share Premium Cancellation

Blackfinch Spring VCT Plc ( ($GB:BFSP) ) has issued an announcement. Blackfinch Spring VCT plc has secured shareholder approval at its 15 October 2026 general meeting for a special resolution

2w agoBFSP

Blackfinch Spring VCT Expands Share Capital With New LSE Admissions

Blackfinch Spring VCT Plc ( ($GB:BFSP) ) has provided an update. Blackfinch Spring VCT PLC has expanded its equity base through the admission of additional ordinary shares to trading on

1M agoBFSP

Blackfinch Spring VCT Cuts Share Count After Buyback

The latest announcement is out from Blackfinch Spring VCT Plc ( ($GB:BFSP) ). Blackfinch Spring VCT plc has bought back 854,970 ordinary shares for cancellation at a price of 81.85

1M agoBFSP

Blackfinch Spring VCT Seeks Shareholder Approval to Cancel Share Premium Account

Blackfinch Spring VCT Plc ( ($GB:BFSP) ) has issued an announcement. Blackfinch Spring VCT plc has issued a circular to shareholders, convening a general meeting on 15 October 2026 to

1M agoBFSP

Blackfinch Spring VCT Launches £40m Share Offer and Updates NAV

An announcement from Blackfinch Spring VCT Plc ( ($GB:BFSP) ) is now available. Blackfinch Spring VCT plc has published a new prospectus to launch an offer for subscription of ordinary

1M agoBFSP

Blackfinch Spring VCT Sets New Share Capital After Final Offer Allotment

The latest update is out from Blackfinch Spring VCT Plc ( ($GB:BFSP) ). Blackfinch Spring VCT plc has completed a final allotment of 747,754 ordinary shares under its subscription offer,

2M agoBFSP

Blackfinch Spring VCT Publishes Half-Yearly Report for 2026

The latest announcement is out from Blackfinch Spring VCT Plc ( ($GB:BFSP) ). Blackfinch Spring VCT plc has published its half-yearly report for the six months ended 30 June 2026,

2M agoBFSP

Blackfinch Spring VCT Boosts Capital Through Dividend Reinvestment Share Issue

The latest announcement is out from Blackfinch Spring VCT Plc ( ($GB:BFSP) ). Blackfinch Spring VCT plc, a UK-listed venture capital trust managed by Blackfinch Investments Limited, gives investors tax-efficient

2M agoBFSP

Blackfinch Spring VCT Expands Share Capital With New London Admissions

An update from Blackfinch Spring VCT Plc ( ($GB:BFSP) ) is now available. Blackfinch Spring VCT PLC has expanded its share capital on the London Stock Exchange’s Main Market through

4M agoBFSP

Blackfinch Spring VCT Expands Share Capital with New Allotment

Blackfinch Spring VCT Plc ( ($GB:BFSP) ) has provided an update. Blackfinch Spring VCT plc has allotted 170,617 new ordinary shares under its ongoing offer for subscription, at prices between

4M agoBFSP

BFSP FAQ

What was Blackfinch Spring VCT Plc’s price range in the past 12 months?

Blackfinch Spring VCT Plc lowest share price was 81.00 p and its highest was 92.50 p in the past 12 months.

What is Blackfinch Spring VCT Plc’s market cap?

Blackfinch Spring VCT Plc’s market cap is £71.93M.

When is Blackfinch Spring VCT Plc’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Blackfinch Spring VCT Plc’s earnings last quarter?

Blackfinch Spring VCT Plc released its earnings results on Aug 25, 2026. The company reported -0.023 p earnings per share for the quarter.

Is Blackfinch Spring VCT Plc overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Blackfinch Spring VCT Plc pay dividends?

Blackfinch Spring VCT Plc pays a Quarterly dividend of 2.2 p which represents an annual dividend yield of 5.7%. See more information on Blackfinch Spring VCT Plc dividends here

What is Blackfinch Spring VCT Plc’s EPS estimate?

Blackfinch Spring VCT Plc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Blackfinch Spring VCT Plc have?

Blackfinch Spring VCT Plc has 87,190,170 shares outstanding.

What happened to Blackfinch Spring VCT Plc’s price movement after its last earnings report?

Blackfinch Spring VCT Plc reported an EPS of -0.023 p in its last earnings report. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Blackfinch Spring VCT Plc?

Currently, no hedge funds are holding shares in GB:BFSP

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Blackfinch Spring VCT Plc Stock Smart Score

Underperform

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