MidCap Financial Investment Corporation delivered stable results in Q1 2025, supported by healthy net investment income, significant new investment commitments, and strategic portfolio expansion.
MidCap Financial Investment Corporation announced financial results for the quarter and fiscal year ended December 31, 2024. The Company's net investment income was $0.40 per share, and the net asset value was $14.98 per share.
MidCap Financial Investment Corporation announced its financial results for the quarter ended September 30, 2024, reporting net investment income of $0.44 per share and a net asset value of $15.10 per share. The company successfully closed its mergers with AFT and AIF during the quarter.
MidCap Financial Investment Corporation reported a net investment income of $0.45 per share for the quarter ended June 30, 2024, compared to $0.44 per share for the previous quarter. The company's net asset value was $15.38 per share as of June 30, 2024, slightly lower than the $15.42 reported as of March 31, 2024. The company closed mergers with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. on July 22, 2024, increasing net assets by 43.7% to $1.45 billion.
MidCap Financial Investment Corporation reported a net investment income of $0.44 per share and a net asset value of $15.20 per share for the quarter ended June 30, 2023. The company's net investment income per share exceeded the quarterly distribution by approximately 16%.
Apollo Investment Corporation reported net investment income of $0.39 per share for the quarter ended June 30, 2021, consistent with the previous quarter. The net asset value was $16.02 per share as of June 30, 2021, compared to $15.88 as of March 31, 2021.
Apollo Investment Corporation reported net investment income of $0.43 per share and a net asset value of $15.59 per share for the quarter ended December 31, 2020. The company reduced net leverage to 1.43x and extended its revolving credit facility.
Apollo Investment Corporation reported financial results for the quarter ended September 30, 2020. The company's net investment income per share was $0.43, and the net asset value per share was $15.44. The company made significant progress deleveraging to within its target range of 1.40x to 1.60x.
Apollo Investment Corporation reported net investment income of $0.43 per share for the quarter ended June 30, 2020, and net asset value per share of $15.29 as of June 30, 2020. The company made considerable progress reducing the Fund’s leverage by exiting approximately $233 million of investments on a gross basis, or $95 million on a net basis, which reduced AINV’s net leverage to 1.66x at the end of June.
Apollo Investment Corporation reported a net investment income of $0.54 per share for the quarter ended December 31, 2019, compared to $0.53 per share for the quarter ended September 30, 2019. The Company’s net asset value (“NAV”) was $18.27 per share as of December 31, 2019, compared to $18.69 as of September 30, 2019.