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Sep 30, 2024

SuRo Capital Q3 2024 Earnings Report

Announced third quarter 2024 financial results and continued to advance AI strategy with major new investments.

Key Takeaways

SuRo Capital Corp. reported its financial results for the quarter ended September 30, 2024. The company's net asset value was $6.73 per share as of September 30, 2024. During the quarter, SuRo Capital made a $17.5 million investment in OpenAI and increased its position in CoreWeave through a $5.0 million secondary transaction.

Net assets totaled approximately $157.4 million, or $6.73 per share, at September 30, 2024.

Made a $17.5 million investment in OpenAI during the quarter.

Increased position in CoreWeave through a $5.0 million secondary transaction during the quarter.

Liquid assets were approximately $39.5 million as of September 30, 2024.

Total Revenue
$889K
Previous year: $1.47M
-39.4%
EPS
-$0.14
Previous year: -$0.11
+27.3%
Cash and Equivalents
$39.5M
Previous year: $105M
-62.5%
Free Cash Flow
-$2.57M
Total Assets
$234M
Previous year: $212M
+10.3%

SuRo Capital

SuRo Capital