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Earnings Call Summary | Gladstone Capital(GLAD.US) Q2 2024 Earnings Conference

Earnings Call Summary | Gladstone Capital(GLAD.US) Q2 2024 Earnings Conference

财报电话会议摘要 | 格拉德斯通资本(GLAD.US)2024 年第二季度财报会议
富途资讯 ·  05/02 22:39  · 电话会议

The following is a summary of the Gladstone Capital (GLAD) Q2 2024 Earnings Call Transcript:

以下是格拉德斯通资本(GLAD)2024年第二季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Gladstone Capital reported Q2 fundings of $45 million, with net originations amounting to $30 million.

  • The weighted average yield on their investment portfolio remained largely unchanged at 14%.

  • Total interest income for the quarter increased by 3% to $23.7 million.

  • Net investment income declined 9.7% to $10.8 million, while net realized gains increased to $2.2 million.

  • Net realized and unrealized gains on the portfolio totalled $12.9 million, boosting ROE for the quarter to 22.3% and 17% for the preceding 12 months.

  • 格拉德斯通资本公布的第二季度资金为4,500万美元,净发放额为3000万美元。

  • 其投资组合的加权平均收益率基本保持不变,为14%。

  • 本季度的总利息收入增长了3%,达到2370万美元。

  • 净投资收益下降9.7%,至1,080万美元,而净已实现收益增加至220万美元。

  • 该投资组合的已实现和未实现净收益共计1,290万美元,使该季度的投资回报率提高至22.3%,前12个月的投资回报率为17%。

Business Progress:

业务进展:

  • Senior debt made up 71% of Gladstone Capital's portfolio which reached $800 million, an increase of over 37% in the past 2 years.

  • The company ended Q2 with a conservative leverage around 89% of NAV and ample availability under its bank credit facility.

  • After the quarter, the company made a $7.3 million investment in a new proprietary investment, including senior debt and preferred equity.

  • The monthly distributions to common shareholders were set at $0.165 per common share for the months of April, May, and June.

  • 优先债券占格拉德斯通资本投资组合的71%,达到8亿美元,在过去两年中增长了37%以上。

  • 该公司在第二季度末的保守杠杆率约为资产净值的89%,其银行信贷额度有充足的可用性。

  • 本季度结束后,该公司对一项新的自有投资进行了730万美元的投资,包括优先债务和优先股。

  • 4月、5月和6月的普通股每月分配额定为每股普通股0.165美元。

More details: Gladstone Capital IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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