earnings
confidence high
sentiment positive
materiality 0.70
Saratoga Investment reports FY22 adjusted NII $2.24/sh, NAV per share $29.33 (all-time high); ROE 13.9%
SARATOGA INVESTMENT CORP.
- FY22 total investment income $70.7M (+22.7% YoY); adjusted NII $25.7M ($2.24/sh).
- Q4 NAV per share $29.33, up $0.16 QoQ; 17th increase in 19 quarters.
- AUM $817.6M (+47.5% YoY); originations $458.1M in FY.
- Declared Q4 dividend $0.53/sh, paid March 28; total FY dividends $1.92/sh.
- Closed $75M 4.35% notes and $87.5M 6.0% notes due 2027; available liquidity $90.4M.