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.
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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: Reliable Monthly Income
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Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2023
MCLEAN, VA / ACCESSWIRE / August 2, 2023 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced earnings for its first fiscal quarter ended June 30, 2023. Please read the Company's Quarterly Report on Form 10-Q, filed today with the...
Gladstone Investment Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 1, 2023 / Gladstone Investment Corporation (Nasdaq:GAIN) announces the following event: What: Gladstone Investment Corporation's First Fiscal Quarter Ended June 30, 2023 Earnings Call & Webcast When: Thursday, August 3, 2023 @ 8:30 a.m....
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MCLEAN, VA / ACCESSWIRE / July 12, 2023 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today that it provided senior secured debt and an equity investment to support MSouth Equity Partners' acquisition of Exposition Holdings, LLC ("Fern Exposition Services"),...
Gladstone Investment Announces Monthly Cash Distributions for July, August and September 2023, a Supplemental Distribution to Common Stockholders, and Earnings Release and Conference Call Dates for the First Fiscal Quarter
MCLEAN, VA / ACCESSWIRE / July 11, 2023 / 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...
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