Sep 30, 2024

Fidus Investment Q3 2024 Earnings Report

Announced financial results for the third quarter ended September 30, 2024.

Key Takeaways

Fidus Investment Corporation reported a total investment income of $38.4 million and net investment income of $21.4 million, or $0.64 per share, for the third quarter of 2024. The company invested $65.9 million in debt and equity securities and received $50.8 million from repayments and realizations. The board declared total dividends of $0.61 per share for the fourth quarter of 2024.

Total investment income of $38.4 million

Net investment income of $21.4 million, or $0.64 per share

Invested $65.9 million in debt and equity securities

Received proceeds from repayments and realizations of $50.8 million

Total Revenue
$38.4M
Previous year: $34.2M
+12.3%
EPS
$0.61
Previous year: $0.68
-10.3%
NAV per share
$19.4
Previous year: $19.3
+0.7%
Repayments and Realizations
$50.8M
Previous year: $69.9M
-27.3%
Investment Activity
$65.9M
Previous year: $56.7M
+16.2%
Cash and Equivalents
$54.4M
Previous year: $80.3M
-32.2%
Free Cash Flow
$19.8M
Previous year: $12.1M
+64.0%
Total Assets
$1.16B
Previous year: $1.02B
+13.5%

Fidus Investment

Fidus Investment

Fidus Investment Revenue by Segment

Forward Guidance

The board of directors declared a base dividend of $0.43 per share and a supplemental dividend of $0.18 per share for the fourth quarter, payable on December 27, 2024, to stockholders of record as of December 17, 2024.