See more : Mettler-Toledo International Inc. (MTD) Income Statement Analysis – Financial Results
Complete financial analysis of Gladstone Investment Corporation (GAIN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gladstone Investment Corporation, a leading company in the Asset Management industry within the Financial Services sector.
You may be interested
- Virpax Pharmaceuticals, Inc. (VRPX) Income Statement Analysis – Financial Results
- ReNu Energy Limited (GDYMF) Income Statement Analysis – Financial Results
- Nok Airlines Public Company Limited (NOKFF) Income Statement Analysis – Financial Results
- bleuacacia ltd (BLEUU) Income Statement Analysis – Financial Results
- Bridgetown 2 Holdings Limited (BTNB) Income Statement Analysis – Financial Results
Gladstone Investment Corporation (GAIN)
About Gladstone Investment Corporation
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 79.05M | 32.66M | 99.15M | 48.73M | 8.01M | 99.23M | 65.33M | 49.40M | 29.14M | 50.88M | 3.36M | 22.21M | 24.29M | 18.70M | -7.94M | -11.08M | -648.72K | 8.79M | 7.31M |
| Cost of Revenue | -3.77M | 21.68M | 35.78M | 19.56M | 6.81M | 30.81M | -6.28M | 12.29M | 13.17M | -4.99M | 0.00 | 0.00 | 3.05M | 0.00 | 20.79M | 25.81M | 27.89M | 0.00 | 0.00 |
| Gross Profit | 82.82M | 10.98M | 63.37M | 29.17M | 1.20M | 68.42M | 71.60M | 37.11M | 15.97M | 55.88M | 3.36M | 22.21M | 21.24M | 18.70M | -28.73M | -36.89M | -28.54M | 8.79M | 7.31M |
| Gross Profit Ratio | 104.77% | 33.62% | 63.91% | 59.85% | 15.00% | 68.95% | 109.61% | 75.12% | 54.81% | 109.81% | 100.00% | 100.00% | 87.44% | 100.00% | 361.64% | 333.07% | 4,399.77% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.39 | 1.20 | 0.63 | 0.03 | 0.75 | 1.02 | 0.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.15M | 7.00M | 3.24M | 3.55M | 6.42M | 6.12M | 4.12M | 4.19M | 4.24M | 3.26M | 3.13M | 2.61M | 2.83M | 2.45M | 2.34M | 2.53M | 2.00M | 1.86M | 496.33K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 6.15M | 7.00M | 3.24M | 3.55M | 6.42M | 6.12M | 4.12M | 4.19M | 4.24M | 3.26M | 3.13M | 2.61M | 2.83M | 2.45M | 2.34M | 2.53M | 2.00M | 1.86M | 496.33K |
| Other Expenses | 0.00 | -9.89M | -9.57M | 393.00K | 8.82M | 4.85M | 6.80M | 7.05M | 6.75M | 2.40M | 1.57M | 2.31M | -484.00K | 271.00K | 1.90M | -1.88M | -1.91M | -7.98M | -1.98M |
| Operating Expenses | 24.43M | -2.89M | -6.33M | 3.95M | 15.24M | 17.64M | 4.64M | 4.63M | 4.28M | 669.00K | 4.69M | 4.93M | 2.33M | 2.26M | 3.13M | 374.00K | 96.10K | 1.38M | -1.49M |
| Cost & Expenses | 24.43M | 7.00M | -6.33M | 3.95M | 15.24M | 10.97M | -1.64M | -1.97M | -2.41M | -4.33M | 4.69M | 4.93M | 6.73M | 9.19M | 8.20M | 7.08M | 7.11M | -6.72M | -1.49M |
| Interest Income | 81.79M | 60.28M | 59.65M | 47.16M | 49.55M | 49.63M | 48.80M | 46.15M | 46.40M | 36.69M | 30.46M | 24.80M | 19.59M | 15.72M | 19.82M | 25.20M | 27.85M | 17.26M | 0.00 |
| Interest Expense | 24.12M | 15.88M | 13.08M | 4.44M | 3.96M | 6.15M | 4.03M | 3.54M | 4.15M | 3.54M | 2.08M | 1.13M | 768.00K | 701.00K | 1.99M | 5.35M | 7.73M | 607.66K | 0.00 |
| Depreciation & Amortization | 0.00 | 39.07M | -34.51M | 9.90M | 89.89M | 31.44M | -996.00K | 22.50M | -34.74M | 450.00K | 358.00K | 815.00K | -9.00K | 8.00K | -14.30M | 19.87M | 11.80M | 233.78K | -2.74M |
| EBITDA | 0.00 | 51.42M | 80.89M | 44.78M | 3.03M | 95.09M | 24.22M | 8.24M | -9.89M | 21.53M | 0.00 | -3.98M | 468.00K | 16.93M | -25.37M | 0.00 | 11.37M | 11.29M | 0.00 |
| EBITDA Ratio | 0.00% | 157.48% | 119.57% | 91.90% | 37.80% | 102.52% | 99.84% | 97.94% | 99.55% | 106.52% | 32.83% | 86.56% | 93.55% | 91.69% | 294.39% | -124.32% | -2,866.37% | 92.23% | 82.81% |
| Operating Income | 48.20M | 51.42M | 118.56M | 44.78M | 3.03M | 101.24M | 64.72M | 48.30M | 29.01M | 53.75M | 746.00K | 18.41M | 14.51M | 16.87M | 12.59M | 18.74M | 20.78M | 19.49M | 8.80M |
| Operating Income Ratio | 60.98% | 157.48% | 119.57% | 91.90% | 37.80% | 102.02% | 99.07% | 97.79% | 99.55% | 105.64% | 22.18% | 82.89% | 59.74% | 90.21% | -158.43% | -169.18% | -3,203.99% | 221.67% | 120.34% |
| Total Other Income/Expenses | 37.10M | 31.57M | 70.14M | -772.00K | -10.26M | 71.05M | 24.22M | 8.24M | -9.89M | 21.53M | -2.08M | -3.98M | 3.17M | 0.00 | -12.59M | -30.19M | -11.58M | -3.78M | 112.97K |
| Income Before Tax | 85.31M | 35.55M | 105.48M | 44.78M | -7.23M | 81.59M | 60.69M | 44.76M | 24.85M | 50.21M | -1.33M | 17.28M | 21.97M | 16.44M | -11.07M | -11.45M | -744.83K | 7.41M | 8.80M |
| Income Before Tax Ratio | 107.92% | 108.86% | 106.38% | 91.90% | -90.36% | 82.22% | 92.90% | 90.62% | 85.30% | 98.69% | -39.52% | 77.82% | 90.42% | 87.89% | 139.36% | 103.38% | 114.81% | 84.29% | 120.35% |
| Income Tax Expense | 0.00 | 54.68M | 3.16M | 2.33M | 10.26M | 13.50M | 75.19M | 58.86M | 34.74M | 0.00 | 0.00 | 0.00 | 8.99M | 969.00K | -19.68M | -19.49M | -6.46M | 470.71K | 2.74M |
| Net Income | 85.31M | 35.55M | 102.32M | 42.45M | -17.49M | 81.59M | 60.69M | 44.76M | 24.85M | 50.21M | -1.33M | 17.28M | 21.97M | 16.44M | -11.07M | -11.45M | -744.83K | 7.41M | 6.05M |
| Net Income Ratio | 107.92% | 108.86% | 103.19% | 87.12% | -218.51% | 82.22% | 92.90% | 90.62% | 85.30% | 98.69% | -39.52% | 77.82% | 90.42% | 87.89% | 139.36% | 103.38% | 114.81% | 84.29% | 82.81% |
| EPS | 2.47 | 1.07 | 3.08 | 1.28 | -0.53 | 2.49 | 1.88 | 1.48 | 0.82 | 1.88 | -0.05 | 0.71 | 0.99 | 0.74 | -0.50 | -0.53 | -0.05 | 0.44 | 0.37 |
| EPS Diluted | 2.47 | 1.07 | 3.08 | 1.28 | -0.53 | 2.49 | 1.88 | 1.48 | 0.82 | 1.88 | -0.05 | 0.71 | 0.99 | 0.74 | -0.50 | -0.53 | -0.05 | 0.44 | 0.37 |
| Weighted Avg Shares Out | 34.47M | 33.31M | 33.21M | 33.18M | 32.87M | 32.81M | 32.27M | 30.27M | 30.27M | 26.67M | 26.48M | 24.19M | 22.08M | 22.08M | 22.08M | 21.55M | 16.56M | 16.56M | 16.39M |
| Weighted Avg Shares Out (Dil) | 34.47M | 33.31M | 33.21M | 33.18M | 32.87M | 32.81M | 32.27M | 30.27M | 30.27M | 26.67M | 26.48M | 24.19M | 22.08M | 22.08M | 22.08M | 21.55M | 16.56M | 16.56M | 16.39M |
Gladstone Investment Announces Monthly Cash Distributions for October, November and December 2024, and Earnings Release and Conference Call Dates for the Second Fiscal Quarter
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings...
Assessing Gladstone Investment's Performance For Q2 2024
Gladstone Investment slightly outperformed in terms of NAV growth, with positive surprises in portfolio company valuations. Adjusted NII slightly underperformed, with minimal activity in the investment portfolio and a decrease in annualized yield. GAIN reported an average quarter overall, with...
Gladstone Investment: No Margin Of Safety (Rating Downgrade)
Gladstone Investment Corporation's dividend coverage has deteriorated, with a 100% pay-out ratio, raising the risk of a dividend cut. The central bank's recent rate cuts negatively impact Gladstone's floating-rate debt investments, worsening the risk/reward profile. Gladstone's stock trades at a...
BDC Weekly Review: Incentive Fee Structures Will Start To Matter Again
We take a look at the action in business development companies through the third week of September and highlight some of the key themes we are watching. BDCs were flat this week, with GAIN leading the upside due. The impact...
2 Lessons From BDCs That Recently Cut Their Dividends
The fears of BDC dividends becoming unsustainable are rising. The primary driver for this is falling interest rates. While I fully appreciate this risk, in my opinion, by being very selective, investors can keep their attractive BDC dividends safe.
Gladstone Investment Announces Updated Payment Date for $0.70 Supplemental Distribution to Common Stockholders
MCLEAN, VA / ACCESSWIRE / September 26, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that as a result of the October 14, 2024 federal holiday the Company's transfer agent will distribute the payment of the supplemental distribution...
2 Business Development Companies To Buy Before Mergers And Acquisitions Heat Up
The Federal Reserve's recent rate cut will have a complex impact on business development companies. Many BDCs will face headwinds due to falling net investment income as SOFR begins to fall. MAIN and GAIN's focus on equity investments differentiates them...
Gladstone Investment: Stagnating Price With Increasing Value Creation Potential
On a YTD basis, Gladstone Investment has delivered flat total return performance. The most recent earnings report included some negatives that fully warrant a more cautionary stance by the market. Yet, if we dissect the underlying details, we will see...
Gladstone Investment Announces $0.70 Supplemental Distribution to Common Stockholders
MCLEAN, VA / ACCESSWIRE / September 17, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following additional supplemental cash distribution to common stockholders in October 2024. Common Stock: A supplemental distribution...
Gladstone Investment Corporation Exits its Investment in Nth Degree, Inc.
MCLEAN, VA / ACCESSWIRE / September 16, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today the sale of its portfolio company Nth Degree, Inc. ("Nth Degree") to Shamrock Capital. As a result of this transaction, Gladstone Investment realized...
Source: https://incomestatements.info
Category: Stock Reports