earnings
confidence high
sentiment neutral
materiality 0.75
Runway Growth Q4 NII $0.32/sh; NAV $13.42; proposes acquisition of SWK holdings
Runway Growth Finance Corp.
- Q4 2025 total investment income $30.0M vs $33.8M YoY; NII $11.6M ($0.32/sh) vs $14.6M ($0.39/sh).
- FY 2025 NII $56.9M ($1.55/sh); NAV $485.0M ($13.42/sh); investment portfolio $927.4M fair value.
- Declared Q1 2026 dividend of $0.33/sh (record March 10, payable March 24).
- Proposed acquisition of SWK Holdings to expand healthcare/life sciences exposure; expects closing soon.
- Issued $103.25M of 7.25% notes due 2031; redeemed $40.25M of July 2027 and all $51.75M of Dec 2027 notes.