earnings
confidence high
sentiment positive
materiality 0.70
SuRo Capital reports Q1 NAV of $12.22, repurchases shares, expands buyback program
SURO CAPITAL CORP.
2022-FY EPS reported
$0.66
- Net asset value of $380.7M ($12.22/share) vs $11.72 at Dec 31, 2021 and $18.01 at Mar 31, 2021.
- Net investment loss of $4.2M ($0.14/share); net realized gain $3.1M; net change in unrealized appreciation $21.6M.
- Declared Q1 dividend of $0.11/share paid April 15, 2022.
- Board authorized $15M expansion of share repurchase program to $55M; $19.6M remaining as of May 4.
- Top holdings: Course Hero (27.4% of portfolio), Forge Global (22.3%), Blink Health, Aspiration, Stormwind.