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Hargreave Hale AIM VCT 1 (HHV) AI Stock Analysis
Hargreave Hale AIM VCT 1
(LSE:HHV)
The score is held back primarily by weak operating fundamentals (volatile revenue, several years of losses, and persistently negative operating cash flow), partially offset by a strong, debt-free balance sheet. Technicals look neutral-to-mildly positive rather than clearly trending, while valuation is pressured by a very high P/E despite an attractive dividend yield. Corporate actions (buybacks/dividends and some NAV improvement) provide support but don’t fully counter the underlying earnings and cash-flow weaknesses.
Hargreave Hale AIM VCT 1 (HHV) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 112.53M
- Dividend Yield
- 12.03%
- Average Volume (3M)
- 63.77K
- Price to Earnings (P/E)
- 93.8
- Beta (1Y)
- -0.01
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- UK
- Employees
- 0
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Hargreave Hale AIM VCT 1 Business Overview & Revenue Model
Company Description
As a venture capital trust, Hargreave Hale AIM VCT 1 plc directs its investments towards businesses operating in the United Kingdom, largely concentrating on entities listed on the Alternative Investment Market (AIM).
How the Company Makes Money
HHV makes money primarily through investment returns generated by its portfolio rather than through sales of goods or services. Its key economic drivers are: (1) Capital gains and unrealised appreciation: If the market value of its AIM-listed holding...
Hargreave Hale AIM VCT 1 Financial Statement Overview
Summary
Overall fundamentals are mixed but skew weak: income statement and cash flow are poor (multi-year losses with only partial improvement and persistently negative operating cash flow), while the balance sheet is a clear positive (debt-free with a sizeable equity base), which lowers financial risk.
Income Statement
22NegativeBalance Sheet
72PositiveCash Flow
28Negative| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.07M | -779.00K | -849.00K | -5.74M | 2.92M | 68.74M |
| Gross Profit | 5.73M | -3.12M | -5.06M | -28.64M | -87.56M | 68.74M |
| EBITDA | 1.17M | -517.00K | 0 | 0 | 0 | 67.87M |
| Net Income | 1.17M | -517.00K | -6.58M | -29.73M | -88.67M | 67.87M |
Balance Sheet | ||||||
| Total Assets | 114.48M | 135.86M | 148.94M | 152.83M | 161.51M | 230.15M |
| Cash, Cash Equivalents and Short-Term Investments | 9.05M | 16.00M | 4.77M | 19.23M | 41.91M | 27.02M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 716.00K | 820.00K | 927.00K | 906.00K | 1.00M | 1.18M |
| Stockholders Equity | 113.76M | 135.04M | 148.01M | 151.92M | 160.51M | 228.96M |
Cash Flow | ||||||
| Free Cash Flow | -1.16M | -1.45M | -1.06M | -2.46M | -3.85M | -3.40M |
| Operating Cash Flow | -1.16M | -1.45M | -1.06M | -2.46M | -3.85M | -3.40M |
| Investing Cash Flow | 14.64M | 16.30M | -7.23M | -41.36M | -1.47M | 584.00K |
| Financing Cash Flow | -14.16M | -12.45M | 2.67M | 21.14M | 20.21M | 14.13M |
Hargreave Hale AIM VCT 1 Peers Comparison
Overall Rating
GB:PU1358.25Neutral- GB:HHV49Neutral
GB:PUAL43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| GB:PU13 | 58Neutral | GBP 243.73M | 45.02 | 2.17% | 2.55% | ― | ― |
| GB:HHV | 49Neutral | GBP 112.53M | 93.75 | 0.94% | 12.03% | ― | ― |
| GB:PUAL | 43Neutral | GBP 29.84M | -13.17 | -7.53% | ― | ― | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:HHV | Hargreave Hale AIM VCT 1 | 30.00 | 0.11 | 0.38% | |
| GB:PUAL | Puma Alpha VCT Plc | 85.50 | -12.00 | -12.31% | |
| GB:TPV | Triple Point VCT 2011 PLC | 88.50 | 3.49 | 4.10% | |
| GB:CGO | Contango Holdings Plc | 0.70 | -0.23 | -24.32% | |
| GB:PU13 | Puma VCT 13 PLC | 117.50 | 1.00 | 0.86% |
Hargreave Hale AIM VCT 1 Corporate Events
Hargreave Hale AIM VCT Cuts Share Count With Buyback and Cancellation
PositiveHargreave Hale AIM VCT plc has bought back 450,865 ordinary shares at 30.75 pence each for cancellation, reducing its outstanding share count. Following this transaction, the trust now has 374,590,828 ordinary shares in issue, each carrying one vote,...
Hargreave Hale AIM VCT Sets Total Voting Rights at 375 Million Shares
NeutralHargreave Hale AIM VCT plc reported that, as of 31 July 2026, its issued share capital comprises 375,041,693 ordinary shares of 1 pence each, with every share carrying one voting right. This total includes 1,369,173 new ordinary shares allotted on 31...
Hargreave Hale AIM VCT boosts share capital through dividend reinvestment
NeutralHargreave Hale AIM VCT plc has issued 915,780 new ordinary shares under its Dividend Reinvestment Scheme to shareholders who chose to take shares instead of the interim cash dividend of 0.70 pence per share, at an issue price of 31.69 pence based on...
Hargreave Hale AIM VCT Discloses Director and PCA Share Allotments Under DRIS
NeutralHargreave Hale AIM VCT PLC has reported share dealings by non-executive director Justin Ward and his closely associated person Elizabeth Ward, in line with UK Market Abuse Regulation disclosure rules. Both transactions involved the automatic allotmen...
Hargreave Hale AIM VCT boosts capital with new share allotment
PositiveHargreave Hale AIM VCT plc has allotted 453,393 new ordinary shares at 33.07 pence per share under its ongoing offer for subscription, which is targeting up to £20 million with a £10 million over-allotment facility. The new shares, issued o...
Hargreave Hale AIM VCT delivers resilient Q3 NAV growth amid volatile markets
PositiveHargreave Hale AIM VCT PLC reported a solid third quarter for the 2025/26 financial year, with unaudited NAV per share rising from 30.62 pence to 32.37 pence, a total return of 5.72% amid a turbulent political and economic environment. Despite persis...
Hargreave Hale AIM VCT Sets DRIS Share Price and Dividend Timetable
PositiveHargreave Hale AIM VCT plc has set the reference price for new Ordinary Shares issued under its Dividend Re-investment Scheme at 31.69p, based on the last published ex-dividend net asset value per share as of 17 July 2026. This price will be used for...
Hargreave Hale AIM VCT Extends Fundraising Offer and Launches Early Bird Discount
PositiveHargreave Hale AIM VCT plc has updated its ongoing share subscription offer, originally launched in January 2026 to raise up to £20 million with a £10 million over-allotment option, by extending the final closing date from 15 December 2026...
Hargreave Hale AIM VCT Cuts Share Count After Buyback
NeutralHargreave Hale AIM VCT plc has cancelled 136,680 ordinary shares purchased at 30.09 pence each, reducing its issued share capital and slightly enhancing the ownership percentage of remaining investors. Following this transaction, the company now has...
Hargreave Hale AIM VCT Cuts Share Count Through Latest Buyback
PositiveHargreave Hale AIM VCT plc has executed a share buyback, purchasing 510,091 ordinary shares at 30.48 pence each for cancellation on 3 July 2026. This move reduces the number of shares in issue and is consistent with typical VCT capital management pra...
Hargreave Hale AIM VCT expands share capital with new LSE admission
PositiveHargreave Hale AIM VCT plc has admitted a further 74,615 Ordinary Shares of 1p each to trading on the London Stock Exchange’s main market under its current offer for subscription. The new shares are fully fungible with the existing stock, bring...
Hargreave Hale AIM VCT Updates Total Voting Rights After New Share Allotment
NeutralHargreave Hale AIM VCT PLC has confirmed that, as of 30 June 2026, it has 374,319,291 ordinary shares of 1 pence in issue, each carrying one vote, with no shares held in treasury. The total includes 74,615 new shares allotted on 25 June 2026 that are...
Hargreave Hale AIM VCT Expands Share Capital with New Allotment
NeutralHargreave Hale AIM VCT plc has allotted 74,615 new ordinary shares at 33.84 pence each under its ongoing offer for subscription, which seeks to raise up to £20 million with a £10 million over-allotment option. The pricing was set by referen...
Hargreave Hale AIM VCT Cuts Share Count with Targeted Buyback
NeutralHargreave Hale AIM VCT plc has repurchased 188,514 ordinary shares at 31.69 pence per share for cancellation, reducing its share count and marginally enhancing the proportional ownership of remaining shareholders. Following this transaction, the comp...
Hargreave Hale AIM VCT Cuts Share Count with Buyback for Cancellation
PositiveHargreave Hale AIM VCT plc has carried out a buyback of 411,835 ordinary shares at 31.53 pence each, with the shares purchased for cancellation as part of its capital management strategy. The move reduces the company’s share count to 374,433,19...
Hargreave Hale AIM VCT Declares Interim Dividend and Sets DRIS Deadline
PositiveHargreave Hale AIM VCT plc has declared an interim dividend of 0.70 pence per share following the release of its unaudited interim results for the six months to 31 March 2026. The shares will trade ex-dividend on 25 June 2026, with a record date of 2...
Hargreave Hale AIM VCT NAV Falls Amid Volatile UK Markets but Dividends and Fundraising Continue
NegativeHargreave Hale AIM VCT PLC reported a challenging first half to 31 March 2026, with net asset value per share falling from 36.46p to 30.62p and a NAV total return of -7.79%, despite paying 3.00p per share in tax-free dividends and maintaining a modes...
Hargreave Hale AIM VCT Cuts Share Count in Latest Buyback
NeutralHargreave Hale AIM VCT plc has executed a buyback of 101,348 ordinary shares at 31.56 pence per share for cancellation, reducing its share count and modestly consolidating existing investors’ holdings. Following this transaction, the company wi...
Hargreave Hale AIM VCT Navigates Volatile H1 with Lower NAV but Strong Deal Pipeline
NegativeHargreave Hale AIM VCT reported a challenging first half to its 2025/26 financial year as geopolitical tensions, a subdued UK economy and event-driven market volatility weighed on domestically focused indices. Against this backdrop, the trust’s...
Hargreave Hale AIM VCT Cuts Share Count with Targeted Buyback
NeutralHargreave Hale AIM VCT plc has repurchased 347,618 ordinary shares at 31.64 pence per share for cancellation, as part of its ongoing capital management strategy. Following this transaction, the company has 374,946,373 ordinary shares in issue, each c...
Hargreave Hale AIM VCT Confirms Total Voting Rights at 375.3 Million Shares
NeutralHargreave Hale AIM VCT PLC has confirmed that, as of 29 May 2026, it has 375,293,991 ordinary shares of 1p in issue, each carrying one vote, and holds no shares in treasury. This announcement clarifies that the total voting rights in the company stan...
Hargreave Hale AIM VCT Trims Share Capital Through Buyback
NeutralHargreave Hale AIM VCT plc has repurchased 250,126 ordinary shares at 31.03 pence each for cancellation, reducing its share count and slightly consolidating existing investors’ holdings. This capital management move leaves 375,293,991 ordinary...
Hargreave Hale AIM VCT Adds Further Shares Under Subscription Offer
PositiveHargreave Hale AIM VCT PLC has admitted a further 105,364 new ordinary shares of 1p each to trading on the London Stock Exchange’s main market under its current offer for subscription. Following this latest admission, the company now has 375,54...
Hargreave Hale AIM VCT Cuts Share Capital with Targeted Buyback
NeutralHargreave Hale AIM VCT plc has bought back 121,957 ordinary shares at 30.48 pence each for cancellation, as part of its ongoing capital management. Following this transaction, the number of ordinary shares in issue will stand at 375,544,117, each car...
Hargreave Hale AIM VCT Enters Closed Period Ahead of Half-Year Results
NeutralHargreave Hale AIM VCT plc has entered a closed period effective 18 May 2026, which will remain in force until it publishes its half-year results for the six months to 31 March 2026, expected around 17 June 2026. The move reflects regulatory requirem...
Hargreave Hale AIM VCT Expands Capital Base with New Share Allotment
PositiveHargreave Hale AIM VCT plc has continued its current fundraising, allotting 105,364 new ordinary shares at 33.55 pence each under its ongoing offer for subscription, which is targeting up to £20 million with a possible £10 million over-allo...
Hargreave Hale AIM VCT Cuts Share Count with Buyback and Cancellation
NeutralHargreave Hale AIM VCT plc has executed a share buyback, purchasing 199,293 ordinary shares at 30.76 pence each for cancellation, in line with typical VCT capital management practices. Following this transaction, the company’s share capital now...
Hargreave Hale AIM VCT Cuts Share Count After Buyback for Cancellation
PositiveHargreave Hale AIM VCT plc has repurchased 169,436 ordinary shares at 30.40 pence per share for cancellation, reducing its share count and slightly enhancing net asset value per remaining share. Following this transaction, the company has 375,760,003...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 04, 2026