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New Century AIM VCT 2 (OVCT) AI Stock Analysis
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New Century AIM VCT 2
(LSE:OVCT)
The score is held back primarily by consistently negative operating/free cash flow and weak technical momentum (below key long-term averages with negative MACD). The balance sheet strength (zero debt) supports the score by reducing solvency risk, while valuation is mixed—high dividend yield helps, but a negative P/E and cash-flow weakness raise sustainability concerns.
New Century AIM VCT 2 (OVCT) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 1.48M
- Dividend Yield
- 6.75%
- Average Volume (3M)
- 7,283
- Price to Earnings (P/E)
- -5.2
- Beta (1Y)
- -0.10
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- UK
- Employees
- 0
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
New Century AIM VCT 2 Business Overview & Revenue Model
Company Description
New Century AIM VCT 2 Plc is a venture capital trust, which invests its funds primarily in unlisted, UK listed, and AIM traded companies. The company was founded on April 4, 2007 and is headquartered in London, the United Kingdom.
New Century AIM VCT 2 Financial Statement Overview
Summary
Financials are mixed: the balance sheet is strong with zero debt and meaningful equity (lower solvency risk), but profitability has been highly volatile with large losses in 2022–2024 before a return to profit in 2025. The biggest concern is cash quality—operating cash flow and free cash flow are negative every year (2020–2025), indicating profits have not been translating into cash.
Income Statement
44NeutralBalance Sheet
76PositiveCash Flow
32Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 196.00K | 224.00K | -527.00K | 174.00K | 25.00K | 455.00K |
| Gross Profit | 196.00K | 224.00K | -527.00K | 151.00K | -4,000 | 415.00K |
| EBITDA | -272.00K | 94.00K | -630.00K | -282.00K | -1.59M | 1.07M |
| Net Income | -272.00K | 94.00K | -630.00K | -282.00K | -1.59M | 1.07M |
Balance Sheet | ||||||
| Total Assets | 1.75M | 1.89M | 1.47M | 2.24M | 2.54M | 3.86M |
| Cash, Cash Equivalents and Short-Term Investments | 0 | 0 | 16.00K | 243.00K | 354.00K | 0 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 24.00K | 39.00K | 27.00K | 30.00K | 131.00K | 19.00K |
| Stockholders Equity | 1.72M | 1.85M | 1.44M | 2.21M | 2.41M | 3.84M |
Cash Flow | ||||||
| Free Cash Flow | -104.00K | -104.00K | -119.00K | -239.00K | -28.00K | -96.00K |
| Operating Cash Flow | -104.00K | -104.00K | -119.00K | -239.00K | -28.00K | -96.00K |
| Investing Cash Flow | 97.00K | 97.00K | 24.00K | 29.00K | 125.00K | 449.00K |
| Financing Cash Flow | 321.00K | 321.00K | -132.00K | 99.00K | 168.00K | -322.00K |
New Century AIM VCT 2 Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:OVCT, the sentiment is Negative. The current price of 19.00 is above the 20-day moving average (MA) of 19.00, above the 50-day MA of 19.00, and below the 200-day MA of 21.23, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 8.37 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:OVCT.
New Century AIM VCT 2 Peers Comparison
Overall Rating
GB:PU1358.25Neutral- GB:OVCT47.9Neutral
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:OVCT | 48Neutral | GBP 1.48M | -5.21 | -15.21% | 6.75% | ― | ― |
| 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:OVCT | New Century AIM VCT 2 | 19.00 | -4.49 | -19.10% | |
| 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:PU13 | Puma VCT 13 PLC | 117.50 | 1.00 | 0.86% |
New Century AIM VCT 2 Corporate Events
Oberon AIM VCT Issues New Shares for Trail Fee Commission
NeutralOberon AIM VCT PLC has issued 644 new ordinary shares at 26.44 pence per share, reflecting the audited net asset value as at 31 December 2025. The shares are being allotted as trail fee commission to investors who took part in the company’s 202...
Oberon AIM VCT Endures H1 NAV Drop but Backs Portfolio Recovery and Yield Target
NegativeOberon AIM VCT reported a 16.3% decline in net asset value per share to 22.1p for the six months to 30 June 2026, underperforming the FTSE AIM All-Share Index, as market volatility, commodity price swings and weakness in several key holdings weighed...
Oberon AIM VCT Expands Equity Base with New Share Issue
PositiveOberon AIM VCT plc has issued 117,753 new ordinary shares at 21.23 pence per share under its ongoing subscription offer, bringing the total shares issued through the offer to 459,082. The pricing was set by reference to the 31 July 2026 net asset val...
Oberon AIM VCT Investment Manager Increases Personal Stake
PositiveOberon AIM VCT plc reported that its investment manager, Simon Like, has increased his stake in the venture capital trust by purchasing 31,500 ordinary shares at 18.25p each on 12 August 2026. Following this transaction, his beneficial holding rises...
Oberon AIM VCT Directors Increase Shareholdings
PositiveOberon AIM VCT plc has reported that chairman Geoffrey Gamble and director John Beaumont have both increased their personal holdings in the company through share purchases on 8 July 2026. Gamble acquired 25,000 ordinary shares at 20.25p, lifting his...
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: Oct 09, 2026