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Sep 30, 2023

SuRo Capital Q3 2023 Earnings Report

Reported financial results for the quarter ended September 30, 2023.

Key Takeaways

SuRo Capital Corp. reported its financial results for the third quarter of 2023, with net assets totaling approximately $212.0 million, or $8.41 per share. The company made four investments during the quarter and remains active in repurchasing shares.

Net assets totaled approximately $212.0 million, or $8.41 per share, at September 30, 2023.

Made four investments during the third quarter: two in new portfolio companies and two in follow-on investments.

Repurchased 186,493 shares of its common stock for approximately $0.7 million under the Share Repurchase Program.

Liquid assets were approximately $105.4 million as of September 30, 2023.

Total Revenue
$1.47M
Previous year: $520K
+182.2%
EPS
-$0.11
Previous year: -$0.13
-15.4%
NAV per Share
$8.41
Cash and Equivalents
$105M
Previous year: $154M
-31.7%
Total Assets
$212M
Previous year: $222M
-4.4%

SuRo Capital

SuRo Capital

Forward Guidance

SuRo Capital remains steadfast in its belief there are high-quality opportunities available at attractive prices that allow it to be both opportunistic and judicious with the deployment of capital.