earnings
confidence high
sentiment positive
materiality 0.75
Gladstone Capital reports Q1 NII $0.50/sh, net realized gain $57.8M, NAV up to $21.51
GLADSTONE CAPITAL CORP
2025-Q1 EPS reported
$0.50
- Net investment income $11.2M ($0.50/sh) flat QoQ; total investment income $21.96M, down 7.4%.
- Net realized gain of $57.8M from exit of largest investment; supplemental cash distribution of $0.40/sh paid.
- NAV per share increased to $21.51 (+1.6%); quarterly cash distribution declared $0.495/sh total regular.
- Total invested $151.6M in quarter (6 new + 12 existing); weighted average yield down to 13.1% from 14.0%.
- Subsequent to quarter end: $20.6M payoff, new investments of $18.9M and $19.4M in Feb 2025.