earnings
confidence high
sentiment neutral
materiality 0.60
TPVG reports FY2025 NII of $1.05/share; NAV rises to $8.73; declares $0.23 Q1 distribution
TriplePoint Venture Growth BDC Corp.
- NII of $42.3M ($1.05/sh) for FY2025 vs $54.5M ($1.40/sh) in FY2024; Q4 NII $9.9M ($0.25/sh).
- Total investment income $90.9M vs $108.6M prior year; weighted avg portfolio yield on debt 13.7% vs 15.7%.
- NAV increased to $353.6M ($8.73/sh) from $345.7M ($8.61/sh); net increase from ops $49.2M ($1.22/sh).
- Post-quarter: issued $75M of 7.50% senior notes due 2028; repaid $200M notes due March 2026.
- Adviser extended income incentive fee waiver through FY2026; declared $0.23/sh Q1 distribution payable Mar 31, 2026.