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Jun 30, 2023
Runway Growth Q2 2023 Earnings Report
Runway Growth reported second quarter results with total investment income of $41.9 million and net investment income of $19.7 million.
Key Takeaways
Runway Growth Finance Corp. announced its financial results for the second quarter ended June 30, 2023, with total investment income of $41.9 million and net investment income of $19.7 million, or $0.49 per share. The investment portfolio had a fair value of approximately $1,095 million.
Total investment income for the quarter was $41.9 million, compared to $25.0 million for the same quarter last year.
Net investment income for the quarter was $19.7 million, or $0.49 per share, compared to $14.5 million, or $0.35 per share, for the same quarter last year.
The company's dollar-weighted annualized yield on average debt investments was 16.7%.
As of June 30, 2023, the investment portfolio had an aggregate fair value of approximately $1,095 million.
Forward Guidance
Runway Growth is strategically positioned to selectively deploy capital at favorable terms in the second half of the year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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