SLR Investment Corp (OQ:SLRC)

Business Focus: Closed End Funds

Sector:  Financials Industry:  Closed End Funds
 
See Regulatory Filings on SEC
Company Contact
Address: 500 PARK AVENUE, 3RD FLOOR
NEW YORK NY 10022
Tel: N/A
Website: https://slrinvestmentcorp.com
IR: See website
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Key People
Michael S. Gross
Chairman of the Board, President, Co-Chief Executive Officer
Bruce J. Spohler
Co-Chief Executive Officer, Chief Operating Officer, Director
Shiraz Y. Kajee
Chief Financial Officer, Treasurer, Company Secretary
Guy F. Talarico
Chief Compliance Officer
   
Business Overview
SLR Investment Corp. is a closed-end, externally managed, non-diversified management investment company. The Company invests primarily in privately held United States middle-market companies. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company directly and indirectly invests primarily in leveraged middle market companies in the form of senior secured loans, financing leases and to a lesser extent, unsecured loans, and equity securities. In addition, it invests in foreign markets, including emerging markets. Its investments generally range between $ five million and $100 million each. It also invests a portion of its portfolio in other types of investments, such as opportunistic investments. It invests in various sectors, such as diversified financial services, multi-sector holdings, health care providers & services, pharmaceuticals, and more. The Company's investment manager is SLR Capital Partners, LLC.
Financial Overview
For the three months ended 31 March 2024, SLR Investment Corp revenues increased 9% to $58.1M. Net income increased from $6.8M to $27.9M. Revenues reflect Interest - Companies less than 5% owned increase of 10% to $41M, Dividends - Companies more than 25% owne increase of 9% to $12.2M, Interest - Companies more than 25% owned increase of 23% to $3.3M.
Reporting Currency: U.S. Dollars
Enterprise value: $1,734M as of Mar 31, 2024
Annual revenue (TTM): $233.86M as of Mar 31, 2024
EBITDA (TTM): $93.80M as of Mar 31, 2024
Net annual income (TTM): $97.44M as of Mar 31, 2024
Free cash flow (TTM): -$175.97M as of Mar 31, 2024
Net Debt Last Fiscal Year: $849.20M as of Mar 31, 2024
Shares outstanding: 54,554,634 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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