Runway Growth Finance's Q3 investment income stable

Runway Growth Finance

06/11/2025 21:29

Overview

Runway Growth Q3 total investment income stable at $36.7 mln, matching last year's figure

Net investment income for Q3 was $15.7 mln, slightly down from $15.9 mln last year

Company proposes acquisition of SWK Holdings to expand healthcare and life sciences exposure

Outlook

Company did not provide specific financial guidance for future quarters or full year

Result Drivers

INVESTMENT ACTIVITY - Completed 11 investments totaling $128.3 mln in new and existing portfolio companies

BC PARTNERS INTEGRATION - Co says integration within BC Partners ecosystem broadens origination channels

SWK ACQUISITION - Proposed acquisition of SWK Holdings to expand healthcare and life sciences exposure

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Asset Value
$489.50 mln
Q3 Net Asset Value Per Share
$13.55
Q3 Operating Expenses
$21.01 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "hold"

Wall Street's median 12-month price target for Runway Growth Finance Corp is $11.25, about 13.1% above its November 5 closing price of $9.78

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nGNX8pwBkT

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)