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 |
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 fiscal year ended 31 December 2023, SLR Investment Corp revenues increased 29% to $229.3M. Net income increased from $18.3M to $76.4M. Revenues reflect Interest - Companies less than 5% owned increase of 35% to $163.6M, Other Income - Companies less than 5% increase from $2.1M to $5.8M, Interest - Companies more than 25% owned increase of 22% to $11.6M. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,668M as of Dec 31, 2023 |
Annual revenue (TTM): | $229.31M as of Dec 31, 2023 |
EBITDA (TTM): | $92.09M as of Dec 31, 2023 |
Net annual income (TTM): | $76.39M as of Dec 31, 2023 |
Free cash flow (TTM): | -$173.83M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $833.62M as of Dec 31, 2023 |
Shares outstanding: | 54,554,634 as of Feb 23, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |