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Sep 30, 2023
TriplePoint Q3 2023 Earnings Report
Announced third quarter 2023 financial results with net investment income of $0.54 per share.
Key Takeaways
TriplePoint Venture Growth BDC Corp. reported a net investment income of $0.54 per share for the third quarter ended September 30, 2023. The company's board of directors declared a fourth quarter 2023 distribution of $0.40 per share.
Signed $58.1 million of term sheets with venture growth stage companies and closed $5.6 million of new debt commitments.
Funded $12.7 million in debt investments to five portfolio companies with a 14.2% weighted average annualized yield at origination.
Achieved a 15.1% weighted average annualized portfolio yield on total debt investments for the quarter.
Net asset value of $374.1 million, or $10.37 per share, as of September 30, 2023.
Forward Guidance
Company expects to increase investment activity as market conditions improve.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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