Highest-materiality recent filing
Rand Capital Q2 2026: net investment income $0.24/share (down 71% YoY); NAV $17.33; dividend $0.29
Total investment income $1.4M, down 13% from $1.6M; non-accruals pressure.
Rand Capital Q1 2026 total investment income $1.2M, down 38% YoY; NII $0.18/share vs $0.42
Total investment income $1.2M vs $2.0M prior year, driven by lower interest and fee income and non-accruals.
Rand Capital Q4 investment income $1.3M (-40% YoY); full year NII per share up 35%
Q4 total investment income $1.3M, down 40% YoY; net investment income $0.20 per share vs $0.86.
Net investment income $993k ($0.33/share) vs $887k ($0.34/share) in Q3 2024; adjusted NII $0.33/share vs $0.46.
Rand Capital Reports Q2 2025 Net Investment Income of $2.5M and $0.29 Dividend
Total investment income fell 25% to $1.6M from $2.1M, driven by portfolio repayments and slower deal originations.
Rand Capital's portfolio company Tilson Technology files Chapter 11; investment value uncertain
Tilson Technology Management and subsidiaries filed Chapter 11 in Delaware on May 29, 2025.
Rand Capital Q1 NII up 45% to $0.42/shr; NAV drops to $21.99 from $25.31
Net investment income $1.2M ($0.42/shr) vs $840K ($0.33/shr) YoY; total investment income $2.0M, down 3%.
Rand Capital reports 17% investment income growth in 2024; NAV up 7% to $25.31
Total investment income rose 17% to $8.6M for full year 2024, driven by debt portfolio expansion.
Rand Capital Q2 2024: Investment income up 18% to $2.1M; NAV rises 11% to $26.56
Total investment income $2.1M (+18% YoY); net investment loss of $0.20/share due to $1.2M capital gains incentive fee accrual.
Rand Capital Q1 2024: total investment income +12% to $2.1M, dividend raised 16% to $0.29/share
Net investment income $840,000 ($0.33/share), up 17% YoY; NAV per share $23.85, up 1% from year-end 2023.
Rand Capital Reports 27% Total Investment Income Growth in 2023; Dividends Up 60% to $1.33/Share
Total investment income $7.3M in 2023 (+27% YoY); Q4 income $1.9M (+11%).
Rand Capital Q2 total investment income rises 34% to $1.8M; NAV per share $23.79
Net investment income $493K ($0.19/sh); adjusted NII $0.38/sh vs $0.29 prior year.
Rand Capital Q1 total investment income up 65% to $1.85M; dividend raised 25% to $0.25/share
Total investment income $1.85M, up 65% YoY; adjusted NII per share $0.39 vs $0.21.
Rand Capital Q4 total investment income up 40% to $1.7M; raises quarterly dividend 33%
Q4 net investment income per share $0.48 vs $0.12 prior year; adjusted $0.41 vs $0.16.
Rand Capital secures $25M senior secured credit facility from M&T Bank (SOFR+3.5%, 5-year)
Entered into $25M senior secured revolving credit facility with M&T Bank; matures June 2027.
Rand Capital subsidiary surrenders SBIC license, changes name to Rand Capital Sub, Inc.
Wholly owned subsidiary Rand Capital SBIC, Inc. surrendered its SBIC license to the SBA effective Nov 8, 2021.
Rand Capital subsidiary repays $11.2M SBA debentures, surrenders SBIC license
Wholly-owned subsidiary Rand Capital SBIC Inc. repaid all SBA-guaranteed debentures plus accrued interest totaling $11.2M on Nov 2, 2021.
Rand Capital CEO Pete Grum to retire Dec 1; Daniel Penberthy named CEO, Margaret Brechtel CFO.
Allen F. "Pete" Grum to retire as President/CEO effective Dec 1, 2021; becomes Vice Chair of the Board.
Daniel Penberthy, Executive Vice President, Treasurer, Chief Financial Officer and Secretary of the Company, has been appointed to serve as President and Chief Executive Officer of the Company and the SBIC, effective December 1, 2021.
Margaret Brechtel, age 55, Vice President of Finance of the Company, has been appointed to serve as Executive Vice President, Treasurer, Chief Financial Officer and Secretary of the Company and Executive Vice President, Treasurer and Secretary of the SBIC, effective December 1, 2021.
Erland E. Kailbourne, Chairman of the Board, will be stepping down as Chairman, effective December 1, 2021, although he will remain on the Board.
Allen F. “Pete” Grum, President, Chief Executive Officer and Chief Compliance Officer of the Company and the SBIC intends to retire effective December 1, 2021.
Robert M. Zak, a current member of the Board, will replace Mr. Kailbourne as Chairman of the Board effective December 1, 2021.
Max materiality 0.80 · Median 0.62 · Most common event earnings