Investcorp Credit Management BDC, Inc. ( (ICMB) ) has released its Q1 earnings. Here is a breakdown of the information Investcorp Credit Management BDC, Inc. presented to its investors.
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Investcorp Credit Management BDC, Inc. is a business development company that primarily operates in the financial sector, focusing on providing credit and investment solutions to middle-market companies in the United States. The company is known for its strategic investments in various industries, including commercial services, consumer staples, and IT services.
In its latest earnings report for the quarter ending September 30, 2025, Investcorp Credit Management BDC, Inc. reported a decrease in net assets, reflecting a challenging financial environment. The company’s total assets increased slightly to $210.6 million from $206.9 million at the end of 2024, while total liabilities rose to $137.9 million from $129.2 million. The net asset value per share decreased to $5.04 from $5.39.
Key financial metrics showed a decline in investment income, with total investment income for the nine months ending September 30, 2025, at $13.3 million, down from $18.6 million in the same period in 2024. This decrease was primarily due to lower interest income from non-controlled, non-affiliated investments. Despite this, the company managed to reduce its expenses to $11.4 million from $12.8 million, aided by waivers on base management fees.
The company experienced a net decrease in net assets resulting from operations, with a net investment income after taxes of $1.7 million, down from $5.7 million in the previous year. Realized and unrealized losses on investments also contributed to the overall decrease in net assets, with a total realized and unrealized loss of $1.2 million for the nine-month period.
Looking forward, Investcorp Credit Management BDC, Inc. remains focused on navigating the current economic landscape by optimizing its investment portfolio and managing liabilities. The management is committed to maintaining a disciplined approach to investment and risk management to enhance shareholder value in the long term.