OFS Capital Q1 NII $0.42/share, NAV $11.08, declares $0.34 dividend

OFS Capital Corp

2024-Q1 EPS reported $0.42

Net investment income rose to $0.42 per share vs $0.35 in Q4 2023; total investment income $14.2M.
Net loss on investments of $1.09 per share, driven by $1.15 unrealized depreciation; NAV fell to $11.08 from $12.09.
Declared Q2 2024 distribution of $0.34/share, payable June 28, 2024 to holders of record June 18.
Repaid $31.9M SBA debentures and surrendered SBIC license; reduced revolving credit facility by $12.0M.
Loan portfolio 91% floating rate; weighted-average performing income yield 13.0%.

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 0.9

OFS Capital Corp reported the quarter ended March 31, 2024 results: revenue $14,233, net income $(9,049), EPS $(0.67).

Period: the quarter ended March 31, 2024
Revenue: $14,233
Net income: $(9,049)
EPS: $(0.67)
Result: reported results

Exact text from the filing

respectively, were placed on non-accrual status. RESULTS OF OPERATIONS (unaudited) (in thousands) Three Months Ended March 31, 2024 December 31, 2023 Total investment income $ 14,233 $ 13,483 Expenses: Interest expense 4,572 4,684 Base management and incentive fees 2,922 2,819 Other expenses 1,143 1,284 Total expenses 8,637 8,787 Net investment income 5,596

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

OFS Capital Corp filing history →

Source: SEC EDGAR

accession 0001487918-24-000042

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.