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  "documentTitle": "Kinnevik | Results Presentation Deck | 14 slides",
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  "authorName": "Kinnevik",
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  "presentationDate": "2022-07-01 00:00:00",
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  "notes": "The slide uses a dual-chart layout to contrast valuation multiple contraction (left) with revenue growth (right) for five specific industry segments.",
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      "kind": "chart",
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      "text": "Multiple Contraction in H1 2022",
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      "text": "Excluding the valuations underpinned by transactions during the second quarter, our valuation multiples have contracted by around 43% on average during the first half of 2022 (40% contraction including these transactions) - this is 12pp more modest than the average peer group contraction. Meanwhile, our investees outpace their valuation peers by >4.5x on average, growing by >135% Y/Y in H1 2022 (relative to peers at <30%)",
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      "text": "Source: FactSet",
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      "text": "MULTIPLE CONTRACTION IN COMPANIES NOT PRICED IN Q2 IS SLIGHTLY MORE MODEST THAN THE LISTED BENCHMARKS THAT OUR INVESTEES ARE OUTGROWING",
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      "text": "Q2 2022 Valuations of Unlisted Assets",
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