Gladstone Investment Corporation 7.125% Notes due 2031
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $101.1M
- Price
- $25.04
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.12%
- Volume
- 10.9K
About
Gladstone Investment Corp., a traded business development company, which engages in the provision of lower middle market companies located in the United States. The fund focuses on companies with an EBITDA of USD 4 - 15 million. It targets companies operating in the fields of manufacturing, consumer products and business and consumer services. It provides financing for debt, buyout and growth stage capital requirements with an investment size up to USD 75 million. The company was founded in 2005 and is headquartered in McLean, VA.
Quick stats
Shares outstanding39.8M
Computed float38.9M
Float / shares97.8%
Cash runway (months)-4.5
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001321741
AI Summary
AI-generated1/23
standardmixedearnings
Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2026
Gladstone Investment reported Q1 net investment income of $15.9 million, or $0.40 per share, reversing a prior-year loss, while adjusted NII per share rose 30% to $0.26.
Net assets fell 3.2% to $16.24 per share, driven by an $18.8 million unrealized depreciation on investments and a $9.0 million realized loss from restructuring a loan to Home Concepts.
The company strengthened its balance sheet by repaying $127.9 million of notes and amending its credit facility to $405 million with a reduced spread and extended maturity to 2031.
Subsequent events include a $56.5 million investment in DHE Computer Systems and the declaration of $0.08 monthly dividends through September.
Red flags
- Realized loss of $9.0 million on restructuring of Home Concepts loan
- Net asset value per share decreased 3.2% quarter-over-quarter
- Net unrealized depreciation of $18.8 million on investments