---
schema_version: "secwatch.filing_event.v1"
accession: "0001487918-24-000042"
form_type: "8-K"
ticker: "OFS"
cik: "0001487918"
company_name: "OFS Capital Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:19:29.880134+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001487918-24-000042
- form_type: 8-K
- ticker: OFS
- cik: 0001487918
- company_name: OFS Capital Corp
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487918/000148791824000042/0001487918-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487918/000148791824000042/ofs-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001487918-24-000042
- JSON: https://secwatch.observer/filing/0001487918-24-000042.json
- Plain text: https://secwatch.observer/filing/0001487918-24-000042.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487918/000148791824000042/0001487918-24-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.