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Dec 31, 2024
Oxford Square Q4 2024 Earnings Report
Oxford Square Capital Corp. announced its financial results for the fourth quarter ended December 31, 2024, reporting a net asset value per share of $2.30 and net investment income of approximately $6.0 million.
Key Takeaways
Oxford Square Capital Corp. reported a net asset value per share of $2.30 for Q4 2024, a slight decrease from the previous quarter. Net investment income was approximately $6.0 million, or $0.09 per share. The company also declared distributions of $0.035 per share for April, May, and June 2025.
Net asset value (NAV) per share decreased to $2.30 as of December 31, 2024, from $2.35 on September 30, 2024.
Net investment income (NII) for the quarter was approximately $6.0 million, or $0.09 per share.
Total investment income for the quarter amounted to approximately $10.2 million.
The company recorded a net increase in net assets from operations of approximately $3.3 million for the quarter.
Forward Guidance
The company will hold a conference call to discuss fourth quarter results on February 28, 2025, and a recording will be available for 30 days. The press release contains forward-looking statements subject to inherent uncertainties, and actual results may differ materially from projections.
Positive Outlook
- The company continues to invest in syndicated bank loans and CLO vehicles, which are core to its business model.
- Management will provide further details on quarterly results during the conference call, offering transparency.
- A presentation with detailed results will be posted on the Investor Relations section of their website.
- The company has a clear strategy of investing in collateralized loan obligation (CLO) vehicles.
- The company is committed to updating statements to reflect subsequent events as required by law.
Challenges Ahead
- Forward-looking statements are subject to inherent uncertainties in predicting future results and conditions.
- There is no guarantee of future performance, conditions, or results.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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