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Jun 30, 2022

Capital Southwest Q1 2023 Earnings Report

CSWC reported pre-tax net investment income of $0.50 per share and announced an increase in quarterly dividend to $0.50 per share.

Key Takeaways

Capital Southwest Corporation announced its financial results for the first fiscal quarter ended June 30, 2022. The company reported a total investment portfolio of $1.0 billion, pre-tax net investment income of $12.6 million, or $0.50 per weighted average diluted share. The Board of Directors has declared an increase in the regular quarterly dividend to $0.50 per share for the September quarter end.

Total Investment Portfolio: $1.0 billion.

Pre-Tax Net Investment Income: $12.6 million, or $0.50 per weighted average diluted share.

Dividends: Paid $0.48 per share Regular Dividend and $0.15 per share Special Dividend, totaling $0.63 per share.

Net Realized and Unrealized Depreciation on Investments: $9.9 million.

Total Revenue
$22.5M
Previous year: $18.6M
+21.3%
EPS
$0.49
Previous year: $0.43
+14.0%
NAV per Share
$16.5
Previous year: $16.6
-0.2%
Yield on Debt Investments
9.3%
Previous year: 10%
-7.0%
Cash and Equivalents
$18.8M
Previous year: $16.5M
+13.5%
Free Cash Flow
-$70M
Total Assets
$1.05B
Previous year: $836M
+26.1%

Capital Southwest

Capital Southwest

Capital Southwest Revenue by Segment

Forward Guidance

Based on the strength of our balance sheet, liquidity position, leverage profile, and overall health of the portfolio, we feel confident in our ability to continue to grow earnings and distributions to our shareholders.