SuRo Capital Q4 NAV drops to $7.39; FY2022 net operating loss of $132.2M

SURO CAPITAL CORP.

Net assets $210.0M ($7.39/sh) at Dec 31, 2022, down from $11.72/sh a year ago.
Q4 net investment loss $2.9M ($0.10/sh); full-year net loss from ops $132.2M vs +$147.1M in 2021.
Portfolio fair value $157.2M across 39 cos; top holding Learneo (Course Hero) at $50.5M (32.2%).
Repurchased over 3M shares in FY2022; $16.4M remaining under buyback through Oct 2023.
CEO: minimal SVB exposure (<$2K checking); cash at US Bank and short-term Treasuries; $125M investable capital.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

SURO CAPITAL CORP. reported financial results for the fiscal quarter and year ended December 31, 2022.

Period: the fiscal quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 15, 2023, SuRo Capital Corp. (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2022 (the “Press Release”).

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

SURO CAPITAL CORP. filing history →

Source: SEC EDGAR

accession 0001104659-23-032794

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.