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Earnings Call Summary | Oxford Lane Capital Corp(OXLC.US) Q4 2024 Earnings Conference

Earnings Call Summary | Oxford Lane Capital Corp(OXLC.US) Q4 2024 Earnings Conference

财报电话会议摘要 | 牛津莱恩资本公司(OXLC.US)2024 年第四季度财报会议
富途资讯 ·  05/15 20:25  · 电话会议

The following is a summary of the Oxford Lane Capital Corporation (OXLC) Q4 2024 Earnings Call Transcript:

以下是牛津莱恩资本公司(OXLC)2024年第四季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Oxford Lane Capital reported a surge in Net Asset Value per share to $4.90 at the end of Q4 2024.

  • The company observed an increase in GAAP total investment income to approximately $82.6 million.

  • The GAAP net investment income gauged at $51 million or $0.22 per share.

  • Core net investment income rounded off at around $79.9 million or $0.35 per share.

  • The company recorded net unrealized depreciation on investments of around $17.7 million.

  • The net increase in net assets resulting from operations for Oxford Lane was approximately $67.5 million or $0.30 per share in the fourth fiscal quarter.

  • The firm issued nearly 18.6 million shares of its common stock, earning net proceeds of about $94.7 million.

  • 牛津莱恩资本报告称,到2024年第四季度末,每股净资产价值激增至4.90美元。

  • 该公司观察到GAAP总投资收入增加到约8,260万美元。

  • GAAP净投资收益为5,100万美元,合每股0.22美元。

  • 核心净投资收入四舍五入约7,990万美元,合每股0.35美元。

  • 该公司记录的未实现投资净折旧约为1770万美元。

  • 第四财季牛津巷运营产生的净资产净增长约6,750万美元,合每股0.30美元。

  • 该公司发行了近1,860万股普通股,净收益约为9,470万美元。

Business Progress:

业务进展:

  • Oxford Lane invested an additional $225.2 million in CLO and received around $19 million from sales and repayments.

  • The Board of Directors announced a 12.5% hike in monthly common stock distributions to $0.09 per share for Q3 2024.

  • The company noted an improvement in U.S. loan market performance with an upswing in U.S. loan prices in Q4 2024.

  • The value of CLO new issues during Q4 added up to approximately $49 billion.

  • The company traded over $300 million worth of CLO equity and junior debt in the secondary market, bringing in three new issue CLO equity investments in the primary market.

  • Oxford Lane plans on maintaining an opportunistic and flexible CLO investment strategy across U.S. CLO equity, debt, and warehouses.

  • 牛津巷又向CLO投资了2.252亿美元,并从销售和还款中获得了约1900万美元。

  • 董事会宣布,2024 年第三季度将每月普通股分配额上调12.5%,至每股0.09美元。

  • 该公司指出,随着2024年第四季度美国贷款价格上涨,美国贷款市场表现有所改善。

  • 第四季度CLO新发行的总价值约为490亿美元。

  • 该公司在二级市场交易了价值超过3亿美元的CLO股票和次级债券,为主要市场带来了三笔新发行的CLO股票投资。

  • Oxford Lane计划在美国CLO股权、债务和仓库中维持机会主义和灵活的CLO投资策略。

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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