Great Elm Capital Corp. Announces First Quarter 2025 Financial Results
Great Elm Capital Corp. (NASDAQ: GECC) reported strong Q1 2025 financial results, achieving record total investment income of $12.5 million. The company increased its quarterly distribution by 5.7% to $0.37 per share, representing a 14.7% annualized yield. Net investment income (NII) reached $4.6 million ($0.40 per share), up from $2.1 million in Q4 2024.
The CLO JV contributed significantly, providing $3.8 million in cash distributions during Q1 2025. Net assets were $132.3 million ($11.46 per share) as of March 31, 2025, down from $136.1 million in Q4 2024. The company's portfolio included $341.9 million in total investments, with 62.4% in corporate credit debt investments. The weighted average current yield on the debt portfolio was 12.3%, with 73% in floating rate instruments.
Great Elm Capital Corp. (NASDAQ: GECC) ha riportato risultati finanziari solidi nel primo trimestre del 2025, raggiungendo un reddito totale da investimenti record di 12,5 milioni di dollari. La societ脿 ha aumentato la distribuzione trimestrale del 5,7%, portandola a 0,37 dollari per azione, con un rendimento annualizzato del 14,7%. Il reddito netto da investimenti (NII) ha raggiunto 4,6 milioni di dollari (0,40 dollari per azione), in crescita rispetto ai 2,1 milioni del quarto trimestre 2024.
La joint venture CLO ha contribuito in modo significativo, fornendo 3,8 milioni di dollari in distribuzioni di cassa durante il primo trimestre 2025. Le attivit脿 nette ammontavano a 132,3 milioni di dollari (11,46 dollari per azione) al 31 marzo 2025, in calo rispetto ai 136,1 milioni del quarto trimestre 2024. Il portafoglio della societ脿 comprendeva investimenti totali per 341,9 milioni di dollari, con il 62,4% in debito di credito societario. Il rendimento medio ponderato attuale sul portafoglio di debito era del 12,3%, con il 73% in strumenti a tasso variabile.
Great Elm Capital Corp. (NASDAQ: GECC) report贸 s贸lidos resultados financieros en el primer trimestre de 2025, logrando un ingreso total por inversiones r茅cord de 12,5 millones de d贸lares. La compa帽铆a aument贸 su distribuci贸n trimestral en un 5,7%, alcanzando 0,37 d贸lares por acci贸n, lo que representa un rendimiento anualizado del 14,7%. El ingreso neto por inversiones (NII) alcanz贸 4,6 millones de d贸lares (0,40 d贸lares por acci贸n), comparado con 2,1 millones en el cuarto trimestre de 2024.
La empresa conjunta CLO contribuy贸 significativamente, proporcionando 3,8 millones de d贸lares en distribuciones en efectivo durante el primer trimestre de 2025. Los activos netos fueron de 132,3 millones de d贸lares (11,46 d贸lares por acci贸n) al 31 de marzo de 2025, por debajo de los 136,1 millones del cuarto trimestre de 2024. La cartera de la compa帽铆a inclu铆a inversiones totales por 341,9 millones de d贸lares, con un 62,4% en deuda crediticia corporativa. El rendimiento promedio ponderado actual de la cartera de deuda fue del 12,3%, con un 73% en instrumentos de tasa variable.
Great Elm Capital Corp. (NASDAQ: GECC)電� 2025雲� 1攵勱赴 臧曤牓頃� 鞛 鞁れ爜鞚� 氤搓碃頃橂┌ 齑� 韴瀽 靾橃澋 1,250毵� 雼煬搿� 靷儊 斓滉碃 旮半鞚� 雼劚頄堨姷雼堧嫟. 須岇偓電� 攵勱赴 氚半嫻旮堨潉 5.7% 鞚胳儊頃橃棳 欤茧嫻 0.37雼煬搿�, 鞐绊櫂靷� 靾橃澋毳� 14.7%毳� 雮橅儉雰堨姷雼堧嫟. 靾滍埇鞛愳垬鞚�(NII)鞚� 460毵� 雼煬(欤茧嫻 0.40雼煬)搿� 2024雲� 4攵勱赴鞚� 210毵� 雼煬鞐愳劀 歃濌皜頄堨姷雼堧嫟.
CLO 頃╈瀾韴瀽臧� 韥矊 旮办棳頃橃棳 2025雲� 1攵勱赴 霃欖晥 380毵� 雼煬鞚� 順勱笀 氚半嫻旮�鞚� 鞝滉车頄堨姷雼堧嫟. 靾滌瀽靷办潃 2025雲� 3鞗� 31鞚� 旮办 1鞏� 3,230毵� 雼煬(欤茧嫻 11.46雼煬)搿�, 2024雲� 4攵勱赴鞚� 1鞏� 3,610毵� 雼煬鞐愳劀 臧愳唽頄堨姷雼堧嫟. 須岇偓鞚� 韽姼韽措Μ鞓る姅 齑� 3鞏� 4,190毵� 雼煬鞚� 韴瀽旮堨暋鞚� 韽暔頃橂┌, 鞚� 欷� 62.4%電� 旮办梾 鞁犾毄 攵�毂� 韴瀽鞐� 氚半秳霅橃柎 鞛堨姷雼堧嫟. 攵�毂� 韽姼韽措Μ鞓れ潣 臧�欷� 韽夑窢 順勳灛 靾橃澋毳犾潃 12.3%鞚措┌, 73%電� 氤�霃� 旮堧Μ 靸來拡鞐� 韴瀽霅橃柎 鞛堨姷雼堧嫟.
Great Elm Capital Corp. (NASDAQ : GECC) a annonc茅 de solides r茅sultats financiers pour le premier trimestre 2025, atteignant un revenu total d'investissement record de 12,5 millions de dollars. La soci茅t茅 a augment茅 sa distribution trimestrielle de 5,7 % pour la porter 脿 0,37 dollar par action, repr茅sentant un rendement annualis茅 de 14,7 %. Le revenu net d'investissement (NII) a atteint 4,6 millions de dollars (0,40 dollar par action), contre 2,1 millions au quatri猫me trimestre 2024.
La coentreprise CLO a contribu茅 de mani猫re significative, fournissant 3,8 millions de dollars en distributions en esp猫ces au cours du premier trimestre 2025. Les actifs nets s'茅levaient 脿 132,3 millions de dollars (11,46 dollars par action) au 31 mars 2025, en baisse par rapport 脿 136,1 millions au quatri猫me trimestre 2024. Le portefeuille de la soci茅t茅 comprenait des investissements totaux de 341,9 millions de dollars, dont 62,4 % en dette de cr茅dit d'entreprise. Le rendement moyen pond茅r茅 actuel du portefeuille de dette 茅tait de 12,3 %, avec 73 % d'instruments 脿 taux variable.
Great Elm Capital Corp. (NASDAQ: GECC) meldete starke Finanzergebnisse f眉r das erste Quartal 2025 und erzielte rekordverd盲chtige Gesamtertr盲ge aus Investitionen von 12,5 Millionen US-Dollar. Das Unternehmen erh枚hte seine viertelj盲hrliche Aussch眉ttung um 5,7 % auf 0,37 US-Dollar je Aktie, was einer annualisierten Rendite von 14,7 % entspricht. Das Nettoanlageergebnis (NII) erreichte 4,6 Millionen US-Dollar (0,40 US-Dollar je Aktie), gegen眉ber 2,1 Millionen im vierten Quartal 2024.
Das CLO-Joint-Venture trug erheblich bei und lieferte im ersten Quartal 2025 3,8 Millionen US-Dollar an Baraussch眉ttungen. Die Nettoverm枚genswerte beliefen sich zum 31. M盲rz 2025 auf 132,3 Millionen US-Dollar (11,46 US-Dollar je Aktie), gegen眉ber 136,1 Millionen im vierten Quartal 2024. Das Portfolio des Unternehmens umfasste Gesamtinvestitionen von 341,9 Millionen US-Dollar, davon 62,4 % in Unternehmensanleihen. Die gewichtete durchschnittliche aktuelle Rendite des Schuldenportfolios betrug 12,3 %, wobei 73 % in variabel verzinsliche Instrumente investiert waren.
- Record total investment income of $12.5 million with only 12% from PIK and accretion income
- Increased quarterly distribution by 5.7% to $0.37 per share
- Strong NII growth to $4.6 million ($0.40 per share) from $2.1 million in Q4 2024
- Significant increase in CLO JV cash distributions to $3.8 million in Q1 2025
- Deployed $37.4 million into new investments at 15.1% weighted average yield
- Net asset value declined to $11.46 per share from $11.79 in Q4 2024
- Net realized and unrealized losses of $4.1 million in Q1 2025
- Asset coverage ratio decreased to 163.8% from 169.7% in Q4 2024
- Significant debt load of $207.4 million with only $1.3 million in cash
Insights
GECC posted record income with NII of $0.40/share, covering its increased dividend despite NAV erosion amid market volatility.
Great Elm Capital Corp. delivered record total investment income of
This substantial NII improvement was primarily driven by the CLO Formation JV, which contributed
Despite strong income generation, GECC's NAV declined
The portfolio remains diversified with
The company's leverage increased slightly, with its asset coverage ratio declining to
Company to Host Conference Call and Webcast at 8:30 AM ET on May 6, 2025
PALM BEACH GARDENS, Fla., May 05, 2025 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (鈥渨e,鈥� 鈥渙ur,鈥� the 鈥淐ompany鈥� or 鈥淕ECC鈥�) (NASDAQ: GECC), a business development company, today announced its financial results for the first quarter ended March 31, 2025.听 听 听听
First Quarter and Other Recent Highlights
- GECC increased its quarterly distribution by
5.7% for the first quarter of 2025 to$0.37 per share, from$0.35 per share, which was paid on March 31, 2025.- The Board of Directors approved a quarterly dividend of
$0.37 per share for the second quarter of 2025, equating to a14.7% annualized yield on GECC鈥檚 May 2, 2025 closing price of$10.09 .
- The Board of Directors approved a quarterly dividend of
- Total investment income (鈥淭II鈥�) for the quarter ended March 31, 2025 was a record
$12.5 million .- Highest cash income quarter in the Company鈥檚 history, with only
12% of GECC鈥檚 TII attributable to PIK and accretion income.
- Highest cash income quarter in the Company鈥檚 history, with only
- Net investment income (鈥淣II鈥�) for the quarter ended March 31, 2025 was
$4.6 million , or$0.40 per share, as compared to$2.1 million , or$0.20 per share, for the quarter ended December 31, 2024.- Increase in NII primarily driven by the receipt of distributions from the CLO Formation JV, LLC (鈥淐LO JV鈥�), as well as income from other new investments.
- GECC received
$3.8 million of cash distributions from the CLO JV in the quarter ended March 31, 2025, as compared to$0.5 million in the quarter ended December 31, 2024. Additionally, in April, GECC received$4.3 million of cash distributions from the CLO JV.
- Net assets were
$132.3 million , or$11.46 per share, on March 31, 2025, as compared to$136.1 million , or$11.79 per share, on December 31, 2024.- Decrease in NAV primarily driven by unrealized losses in certain investment positions marked down amid broader market volatility, which we expect would reverse over time assuming market conditions stabilize.
- GECC鈥檚 asset coverage ratio was
163.8% as of March 31, 2025, as compared to169.7% as of December 31, 2024.
Management Commentary听听
鈥淲e are pleased to report strong first quarter results, generating record total investment income of
Financial Highlights 鈥� Per Share Data
| 听 | Q1/2024 | Q2/2024 | Q3/2024 | Q4/2024 | Q1/2025 |
| Earnings Per Share (鈥淓PS鈥�) | ( | ( | |||
| Net Investment Income (鈥淣II鈥�) Per Share | |||||
| Pre-Incentive Net Investment Income Per Share | |||||
| Net AG真人官方ized and Unrealized Gains / (Losses) Per Share | ( | ( | ( | ( | ( |
| Net Asset Value Per Share at Period End | |||||
| Distributions Paid / Declared Per Share | |||||
| 听 | 听 | 听 | 听 | 听 | 听 |
Portfolio and Investment Activity
As of March 31, 2025, GECC held total investments of
- 57 debt investments in corporate credit, totaling approximately
$213.2 million , representing62.4% of the fair market value of the Company鈥檚 total investments. Secured debt investments comprised a substantial majority of the fair market value of the Company鈥檚 debt investments. - An investment in Great Elm Specialty Finance, totaling approximately
$42.8 million , comprised of one debt investment of$29.7 million and one equity investment of$13.0 million , representing8.7% and3.8% , respectively, of the fair market value of the Company鈥檚 total investments. - CLO investments, totaling approximately
$52.2 million , representing15.3% of the fair market value of the Company鈥檚 total investments. - Three dividend paying equity investments, totaling approximately
$9.3 million , representing2.7% of the fair market value of the Company鈥檚 total investments. - Other equity investments, totaling approximately
$24.4 million , representing7.1% of the fair market value of the Company鈥檚 total investments.听听
As of March 31, 2025, the weighted average current yield on the Company鈥檚 debt portfolio was
During the quarter ended March 31, 2025, we deployed approximately
During the quarter ended March 31, 2025, we monetized, in part or in full, 36 investments for approximately
Financial Review
Total investment income for the quarter ended March 31, 2025 was
Net realized and unrealized losses for the quarter ended March 31, 2025 were approximately
Liquidity and Capital Resources
As of March 31, 2025, cash totaled approximately
As of March 31, 2025, total debt outstanding (par value) was
Distributions
The Company鈥檚 Board of Directors has approved a quarterly cash distribution of
The distribution equates to a
Conference Call and Webcast
GECC will discuss these results in a conference at 8:30 a.m. ET on May 6, 2025.
Conference Call Details
| Date/Time: | 听 | Tuesday, May 6, 2025 鈥� 8:30 a.m. ET |
| 听 | 听 | 听 |
| Participant Dial-In Numbers: | 听 | 听 |
| (United States): | 听 | 877-407-0789 |
| (International): | 听 | 201-689-8562 |
| 听 | 听 | 听 |
To access the call, please dial-in approximately five minutes before the start time and, when asked, provide the operator with passcode 鈥淕ECC鈥�. An accompanying slide presentation will be available in pdf format via the 鈥淓vents and Presentations鈥� section of Great Elm Capital Corp.鈥檚 website after the issuance of the earnings release.
Webcast
The call and presentation will also be simultaneously webcast over the internet via the 鈥淓vents and Presentations鈥� section of GECC鈥檚 website or by clicking on the webcast link .
About Great Elm Capital Corp.
GECC is an externally managed business development company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses and CLOs. For additional information, please visit .
Cautionary Statement Regarding Forward-Looking Statements
Statements in this communication that are not historical facts are 鈥渇orward-looking鈥� statements within the meaning of the federal securities laws. These statements include statements regarding our future business plans and expectations. These statements are often, but not always, made through the use of words or phrases such as 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥渆stimate,鈥� 鈥渄esigned,鈥� 鈥渟eek,鈥� 鈥渃ontinue,鈥� 鈥渦pside,鈥� 鈥減otential鈥� and similar expressions. All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed in the statements. The key factors that could cause actual results to differ materially from those projected in the forward-looking statements include, without limitation: conditions in the credit markets, our expected financings and investments, including interest rate volatility, inflationary pressure, the price of GECC common stock and the performance of GECC鈥檚 portfolio and investment manager. Information concerning these and other factors can be found in GECC鈥檚 Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. GECC assumes no obligation to, and expressly disclaims any duty to, update any forward-looking statements contained in this communication or to conform prior statements to actual results or revised expectations except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.
This press release does not constitute an offer of any securities for sale.
Endnotes:
(1) This includes new deals, additional fundings (inclusive of those on revolving credit facilities), refinancings and capitalized PIK income. Amounts included herein do not include investments in short-term securities, including United States Treasury Bills.
(2) This includes scheduled principal payments, prepayments, sales and repayments (inclusive of those on revolving credit facilities). Amounts included herein do not include investments in short-term securities, including United States Treasury Bills.
Media & Investor Contact:
Investor Relations听听听听听听听听
GREAT ELM CAPITAL CORP.
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (unaudited)
Dollar amounts in thousands (except per share amounts)
| 听 | 听 | March听31, 2025 | 听 | 听 | December听31, 2024 | 听 | ||
| Assets | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Investments | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-affiliated, non-controlled investments, at fair value (amortized cost of | 听 | $ | 253,112 | 听 | 听 | $ | 240,958 | 听 |
| Non-affiliated, non-controlled short-term investments, at fair value (amortized cost of | 听 | 听 | - | 听 | 听 | 听 | 8,448 | 听 |
| Affiliated investments, at fair value (amortized cost of | 听 | 听 | - | 听 | 听 | 听 | - | 听 |
| Controlled investments, at fair value (amortized cost of | 听 | 听 | 88,798 | 听 | 听 | 听 | 83,304 | 听 |
| Total investments | 听 | 听 | 341,910 | 听 | 听 | 听 | 332,710 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Cash and cash equivalents | 听 | 听 | 1,273 | 听 | 听 | 听 | - | 听 |
| Receivable for investments sold | 听 | 听 | 2,513 | 听 | 听 | 听 | 5,065 | 听 |
| Interest receivable | 听 | 听 | 4,090 | 听 | 听 | 听 | 3,306 | 听 |
| Dividends receivable | 听 | 听 | 360 | 听 | 听 | 听 | 364 | 听 |
| Due from portfolio company | 听 | 听 | 32 | 听 | 听 | 听 | 32 | 听 |
| Due from affiliates | 听 | 听 | 157 | 听 | 听 | 听 | 160 | 听 |
| Deferred financing costs | 听 | 听 | 213 | 听 | 听 | 听 | 237 | 听 |
| Prepaid expenses and other assets | 听 | 听 | 282 | 听 | 听 | 听 | 154 | 听 |
| Total assets | 听 | $ | 350,830 | 听 | 听 | $ | 342,028 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Liabilities | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Notes payable (including unamortized discount of | 听 | $ | 190,079 | 听 | 听 | $ | 189,695 | 听 |
| Revolving credit facility | 听 | 听 | 12,000 | 听 | 听 | 听 | - | 听 |
| Payable for investments purchased | 听 | 听 | 10,558 | 听 | 听 | 听 | 11,194 | 听 |
| Interest payable | 听 | 听 | 61 | 听 | 听 | 听 | 32 | 听 |
| Accrued incentive fees payable | 听 | 听 | 2,862 | 听 | 听 | 听 | 1,712 | 听 |
| Distributions payable | 听 | 听 | - | 听 | 听 | 听 | 577 | 听 |
| Due to affiliates | 听 | 听 | 1,562 | 听 | 听 | 听 | 1,385 | 听 |
| Accrued expenses and other liabilities | 听 | 听 | 1,413 | 听 | 听 | 听 | 1,320 | 听 |
| Total liabilities | 听 | $ | 218,535 | 听 | 听 | $ | 205,915 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Commitments and contingencies | 听 | $ | - | 听 | 听 | $ | - | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net Assets | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Common stock, par value | 听 | $ | 115 | 听 | 听 | $ | 115 | 听 |
| Additional paid-in capital | 听 | 听 | 332,111 | 听 | 听 | 听 | 332,111 | 听 |
| Accumulated losses | 听 | 听 | (199,931 | ) | 听 | 听 | (196,113 | ) |
| Total net assets | 听 | $ | 132,295 | 听 | 听 | $ | 136,113 | 听 |
| Total liabilities and net assets | 听 | $ | 350,830 | 听 | 听 | $ | 342,028 | 听 |
| Net asset value per share | 听 | $ | 11.46 | 听 | 听 | $ | 11.79 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
GREAT ELM CAPITAL CORP.
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
Dollar amounts in thousands (except per share amounts)
| 听 | 听 | For the Three Months Ended March听31, | 听 | |||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| Investment Income: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Interest income from: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-affiliated, non-controlled investments | 听 | $ | 6,402 | 听 | 听 | $ | 5,987 | 听 |
| Non-affiliated, non-controlled investments (PIK) | 听 | 听 | 611 | 听 | 听 | 听 | 630 | 听 |
| Affiliated investments | 听 | 听 | - | 听 | 听 | 听 | 33 | 听 |
| Controlled investments | 听 | 听 | 953 | 听 | 听 | 听 | 931 | 听 |
| Total interest income | 听 | 听 | 7,966 | 听 | 听 | 听 | 7,581 | 听 |
| Dividend income from: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-affiliated, non-controlled investments | 听 | 听 | 236 | 听 | 听 | 听 | 386 | 听 |
| Controlled investments | 听 | 听 | 3,376 | 听 | 听 | 听 | 385 | 听 |
| Total dividend income | 听 | 听 | 3,612 | 听 | 听 | 听 | 771 | 听 |
| Other commitment fees from non-affiliated, non-controlled investments | 听 | 听 | - | 听 | 听 | 听 | 525 | 听 |
| Other income from: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-affiliated, non-controlled investments | 听 | 听 | 743 | 听 | 听 | 听 | 32 | 听 |
| Non-affiliated, non-controlled investments (PIK) | 听 | 听 | 174 | 听 | 听 | 听 | - | 听 |
| Total other income | 听 | 听 | 917 | 听 | 听 | 听 | 32 | 听 |
| Total investment income | 听 | $ | 12,495 | 听 | 听 | $ | 8,909 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Expenses: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Management fees | 听 | $ | 1,272 | 听 | 听 | $ | 940 | 听 |
| Incentive fees | 听 | 听 | 1,150 | 听 | 听 | 听 | 798 | 听 |
| Administration fees | 听 | 听 | 355 | 听 | 听 | 听 | 385 | 听 |
| Custody fees | 听 | 听 | 38 | 听 | 听 | 听 | 36 | 听 |
| Directors鈥� fees | 听 | 听 | 53 | 听 | 听 | 听 | 54 | 听 |
| Professional services | 听 | 听 | 424 | 听 | 听 | 听 | 388 | 听 |
| Interest expense | 听 | 听 | 4,251 | 听 | 听 | 听 | 2,807 | 听 |
| Other expenses | 听 | 听 | 308 | 听 | 听 | 听 | 303 | 听 |
| Total expenses | 听 | $ | 7,851 | 听 | 听 | $ | 5,711 | 听 |
| Net investment income before taxes | 听 | $ | 4,644 | 听 | 听 | $ | 3,198 | 听 |
| Excise tax | 听 | $ | 68 | 听 | 听 | $ | 5 | 听 |
| Net investment income | 听 | $ | 4,576 | 听 | 听 | $ | 3,193 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net realized and unrealized gains (losses): | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net realized gain (loss) on investment transactions from: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-affiliated, non-controlled investments | 听 | $ | 264 | 听 | 听 | $ | 2,356 | 听 |
| Total net realized gain (loss) | 听 | 听 | 264 | 听 | 听 | 听 | 2,356 | 听 |
| Net change in unrealized appreciation (depreciation) on investment transactions from: | 听 | 听 | 听 | 听 | ||||
| Non-affiliated, non-controlled investments | 听 | 听 | (2,066 | ) | 听 | 听 | (3,533 | ) |
| Affiliated investments | 听 | 听 | - | 听 | 听 | 听 | (850 | ) |
| Controlled investments | 听 | 听 | (2,321 | ) | 听 | 听 | (1,624 | ) |
| Total net change in unrealized appreciation (depreciation) | 听 | 听 | (4,387 | ) | 听 | 听 | (6,007 | ) |
| Net realized and unrealized gains (losses) | 听 | $ | (4,123 | ) | 听 | $ | (3,651 | ) |
| Net increase (decrease) in net assets resulting from operations | 听 | $ | 453 | 听 | 听 | $ | (458 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net investment income per share (basic and diluted): | 听 | $ | 0.40 | 听 | 听 | $ | 0.37 | 听 |
| Earnings per share (basic and diluted): | 听 | $ | 0.04 | 听 | 听 | $ | (0.05 | ) |
| Weighted average shares outstanding (basic and diluted): | 听 | 听 | 11,544,415 | 听 | 听 | 听 | 8,659,344 | 听 |
FAQ
What was GECC's net investment income (NII) per share for Q1 2025?
What is GECC's new quarterly dividend amount and yield?
How much total investment income did GECC generate in Q1 2025?
What is the composition of GECC's investment portfolio as of Q1 2025?
How did GECC's net asset value (NAV) change in Q1 2025?
