TriplePoint Venture Growth Q3 NII $0.54/share, declares $0.40 distribution

TriplePoint Venture Growth BDC Corp.

2023-Q3 EPS reported $1.59

NII $19.1M ($0.54/share) up from $16.9M ($0.51) YoY; total investment income $35.7M.
Weighted avg annualized portfolio yield 15.1%; record 20.0% return on avg equity.
Net asset value $374.1M ($10.37/share), down from $419.9M ($11.88) at Dec 31, 2022.
Realized net loss of $25.6M from write-off of Hi.Q, Inc.; net realized/unrealized loss $67.5M YTD.
Declared Q4 distribution $0.40/share payable Dec 29, 2023; spillover income $37.3M ($1.03/share).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TriplePoint Venture Growth BDC Corp. reported the third quarter ended September 30, 2023 results: revenue $35.7 million, net income $19.1 million, or $0.54 per share, EPS $0.54 per share.

Period: the third quarter ended September 30, 2023
Revenue: $35.7 million
Net income: $19.1 million, or $0.54 per share
EPS: $0.54 per share
Result: reported results

Exact text from the filing

annualized portfolio yield on total debt investments for the quarter; ▪ Earned net investment income of $19.1 million, or $0.54 per share; ▪ Generated total investment income of $35.7 million; ▪ Realized a record 20.0% return on average equity, based on net investment income during the quarter; ▪ Three debt portfolio companies raised an aggregate $46.8 million of

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Source: SEC EDGAR

accession 0001580345-23-000038

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