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May 31, 2024
Saratoga Investment Q1 2025 Earnings Report
Announced fiscal first quarter 2025 financial results.
Key Takeaways
Saratoga Investment Corp. reported financial results for its 2025 fiscal first quarter, with adjusted NII per share of $1.05. The company's strong key performance indicators this past quarter, including: (i) sequential adjusted NII per share increases of 12% over the past quarter ($0.94 to $1.05 per share), (ii) current assets under management stable at $1.096 billion, and (iii) dividends increasing to 74c per share, up 6% from 70c per share in Q1 last year and over-earned by 42% as compared to this quarter’s $1.05 per share adjusted NII.
Adjusted NII per share was $1.05, compared to $1.08 last year.
Assets Under Management (AUM) remained stable at $1.096 billion.
Originations totaled $39.3 million, offset by repayments and amortizations of $75.7 million.
The weighted average current yield on the portfolio was 11.5%.
Saratoga Investment
Saratoga Investment
Forward Guidance
Saratoga Investment remains confident in its experienced management team, high underwriting standards and ability to steadily grow portfolio size and maintain quality and investment performance over the long-term.