Stellus Capital Investment ( (SCM) ) has released its Q1 earnings. Here is a breakdown of the information Stellus Capital Investment presented to its investors.
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Stellus Capital Investment Corporation is a business development company that primarily invests in private middle-market companies through debt and equity investments, focusing on various industries such as business services, consumer goods, and healthcare. The company operates within the financial services sector and is known for its strategic approach to investment and risk management.
In its latest earnings report for the quarter ending March 31, 2025, Stellus Capital Investment Corporation reported a net increase in net assets resulting from operations of $4.99 million, compared to $13.15 million in the same quarter of the previous year. The company also issued 656,085 shares of common stock, raising approximately $8.94 million net of offering costs.
Key financial metrics from the report include a total investment income of $24.95 million, slightly down from $25.99 million in the previous year. Operating expenses, net of fee waivers, were $15.16 million, resulting in a net investment income of $9.79 million. The company experienced a net realized loss on investments and foreign currency translations but saw a positive net change in unrealized appreciation on investments.
Looking ahead, Stellus Capital Investment Corporation remains focused on leveraging its investment strategy to navigate market challenges and capitalize on opportunities in the middle-market space. The management is optimistic about the company’s ability to maintain a strong financial position and deliver value to its shareholders.