Saratoga Investment Q2 2022 Earnings Report

Announced fiscal second quarter 2022 financial results, highlighting resilience, strength, and historic high NAV per share.

Key Takeaways

Saratoga Investment Corp. reported a strong second quarter for fiscal year 2022, marked by a historic high NAV per share of $28.97 and solid portfolio performance. The company saw a substantial increase in market activity and focused on maintaining balance sheet and liquidity strength. Key achievements include a LTM return on equity of 14.4%, adjusted NII per share of $0.63, and NAV per share quarterly growth of $0.27, or 1%.

NAV per share reached an historic high of $28.97.

LTM return on equity was 14.4%.

Adjusted NII per share was $0.63.

Originations totaled $116 million, outpaced by record repayments of $135 million.