DASH Valued 59% Higher on Equity, Lifts Bailador’s Carrying Value by $14.7M

Bailador’s Strategic Boost in DASH

Bailador Technology Investments Limited (ASX – BTI) has announced a substantial uplift in the carrying value of its investment in DASH Technology Group Pty Limited, a cloud-based financial advice and investment management platform. The carrying value has been increased by 49% to $44.7 million, reflecting a new capital raising round that valued DASH 59% higher on the equity portion of Bailador’s stake.

This capital raise underscores the rapid progress DASH has made since Bailador’s initial investment twelve months ago. The company’s platform, which supports independent financial advisers and institutions, now manages $18 billion in funds under advice, positioning it as a significant player in Australia’s expanding wealth management market.

Valuation Impact and Financial Implications

Bailador’s investment in DASH is structured as $25 million in equity and $5 million in debt. The 59% uplift applies specifically to the equity portion, resulting in a blended increase of $14.7 million on the total carrying value. This translates to an increase in net tangible assets (NTA) of $0.099 per share before tax, a meaningful boost for Bailador’s shareholders ahead of the June 2025 update.

David Kirk, Bailador’s Co-Founder and Managing Partner, highlighted the significance of this development, noting that DASH has laid strong foundations for future growth. He emphasized the platform’s role in democratizing access to financial advice, a sector benefiting from favourable industry tailwinds as more Australians seek professional guidance to secure their financial futures.

Looking Ahead in Wealth Management Technology

DASH’s technology offers an end-to-end solution designed to enhance advisory productivity, a critical factor in a market where efficiency and client engagement are paramount. The company’s ability to attract new investment at a premium valuation signals confidence from the market and new investors in its growth trajectory.

For Bailador, this valuation uplift not only strengthens its portfolio but also reflects the broader potential of technology-driven innovation within financial services. As the wealth management sector continues to evolve, platforms like DASH are well placed to capture increasing demand for accessible, technology-enabled advice.