Runway Growth Finance Corp

Runway Growth Finance Corp. is a specialty finance company. It focuses on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries. The company was founded on August 31, 2015 and is headquartered in Chicago, IL.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Runway Growth Finance Corp reports solid Q2 performance and strategic opportunities

Runway Growth Finance Corp's Q2 performance reflects a strategic focus on managing investments in a cautious market environment.
Despite challenges such as expected prepayment activity, the company maintains strong liquidity and opportunities for strategic capital deployment.
With a solid performance, focus on credit quality, and approved stock repurchase program, Runway positions itself for continued growth and value creation.

Runway Growth Finance Corp reports solid Q3 performance and strategic acquisition

Runway Growth Finance Corp's Q3 performance reflects resilience and strategic positioning for growth amidst market challenges and opportunities.
The company's focus on enhancing shareholder value through acquisitions, stock repurchases, and prudent financial management underscores a commitment to long-term success.
While facing challenges with nonaccrual loans and moderate leverage, Runway Growth Capital's strong liquidity and investment portfolio provide a solid foundation for future growth and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Runway Growth Finance Corp. is a closed-end investment company, which engages in the provision of senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company was founded by Robert David Spreng on August 31, 2015 and is headquartered in Chicago, IL.

Runway Growth Finance is a finance company with a 12.6% dividend yield and consistent dividend payout growth. RWAY reported solid Q3 results, with a 62% increase in total investment income and a 52% increase in net investment income. The company has a healthy balance sheet and is expanding its loan portfolio, making it a good investment opportunity with growing earnings.

Runway Growth Finance: 12.6% Yielding Stock With Strong Fundamentals

Barings BDC Inc

BlackRock Capital Investment

Fidus Investment

FS KKR Capital Corp

Goldman Sachs BDC

Prospect Capital

TCP Capital

Buying a business development company (BDCs) is kinda, sorta like investing like a venture capitalist (VC).

How To Earn Yields Up To 15% From Small Business

Advanced Micro Devices

Chevron

Hercules Capital

IonQ

MPLX

SoFi Technologies

Cushing MLP & Infrastructure Total Return Fund

Tesla

I present my secret Santa list of Christmas wish list stocks for 2023 that I expect to outperform the market in 2024.

My 2023 Christmas Wish List And 2022 Wish List Results

American Assets

Ares Commercial Real Estate

Ally Financial

Apollo Commercial Real Estate Finance

Axos Financial Inc.

Bain Capital Specialty Finance Inc

Brandywine Realty

Broadridge Financial

Chimera Investment

CION Investment Corp

Central Pacific Financial

Easterly Government Properties

Euronet Worldwide

Eagle Bancorp

First Interstate BancSystem

Shift4 Payments

GCM Grosvenor Inc

Green Dot

Highwoods Properties

Robinhood

Healthcare Realty Trust Inc

KeyCorp

Kimco Realty

KKR Real Estate Finance Trust

LTC Properties

Moelis

Medical Properties Trust

Marqeta

nCino, Inc.

Newtek Business Services

National Health Investors

Bank of N.T. Butterfield & Son

Nuvei Corp

NexPoint Residential Trust

New York Mortgage Trust

Orchid Island Capital

Patria Investments

Piedmont Office Realty Trust

PennyMac Mortgage Investment

Prudential Financial

Stifel Financial

Solar Capital

Spirit Realty Capital

SS&C Technologies Hlds

STAG Industrial

Toast

Tradeweb Markets

UMH Properties

Washington Trust Bancorp

W. P. Carey

Western Union

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2023.

KBW Announces Index Rebalancing for Fourth-Quarter 2023

JinkoSolar Holding

Luminar Technologies

MercadoLibre

UiPath

Riot Blockchain

Unity Software

Hypergrowth stocks have endured a rough couple of years. While big tech names saw a comeback rally, smaller, high-growth companies struggling through growing pains didn't get the same lift.

7 Hypergrowth Stocks to Buy and Hold Forever

Broadcom

Dine Brands Global

Independence Realty Trust

Lamb Weston Hlds

Microchip Technology

To be quite blunt about the present economic backdrop, you don't need many excuses to seriously consider strong-buy dividend stocks. By that, I'm referring to public companies that provide passive income while also benefiting from the top rating possible among covering analysts.

Investor Favorites: 7 Dividend Stocks with Strong Buy Ratings

Oxford Lane Capital

Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024-

Oxford Lane Capital Corp 7 1/2 % Term Cum Pfd Shs Series -2023-

B. Riley Financial

Global alternative asset manager Kohlberg Kravis Roberts & Co. L.P. is loading up on high-yield bonds and asset-based loans. We present our top picks in this asset class, up to 11% yields. The current rate cycle is almost over; is your portfolio ready to face rate cuts?

KKR Says Buy High Yield Bonds, As Interest Rates Peak

Financing will provide Linxup with working capital to aid its growth as a supplier of GPS tracking, telematics and various vehicle data points for commercial vehicles. MENLO PARK, Calif.

Runway Growth Capital Provides a $50 Million Debt Commitment to Linxup

American Eagle Outfitters

Abercrombie & Fitch

Cardinal Health

With things looking up for the stock market this November, investing in growth stocks such as American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Cardinal Health (CAH) and Runway Growth Finance (RWAY) seems prudent.

4 Growth Stocks to Take Advantage of the November Rally

MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”), a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced the pricing of the previously announced underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC and Oaktree Opportunities Fund XB Holdings (Delaware), L.P. (collectively, the “Selling Stockholders”), pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”), at a public offering price of $12.56 per share. In connection with the offering, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 562,500 additional shares of the common stock offered by the Selling Stockholders. Subject to customary closing conditions, the offering is expected to settle and close on or about November 16, 2023. Runway Growth is not selling any shares of its common stock in the offering and will not receive any proceeds from the offering.

Runway Growth Finance Corp. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”) a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced a proposed underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC and Oaktree Opportunities Fund XB Holdings (Delaware), L.P. (collectively, the “Selling Stockholders”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”). In connection with the proposed offering, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of the common stock offered by the Selling Stockholders.

Runway Growth Finance Corp. Announces Secondary Offering of Common Stock by Selling Stockholders

Runway Growth Finance Corp. (NASDAQ:RWAY ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Greg Greifeld - Investment Adviser and Acting CEO Tom Raterman - CFO, COO, Secretary, Treasurer and Acting President Conference Call Participants Mickey Schleien - Ladenburg Melissa Wedel - JPMorgan Bryce Rowe - B. Riley Securities Erik Zwick - Hovde Group Vilas Abraham - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Runway Growth Finance Third Quarter 2023 Earnings Conference Call.

Runway Growth Finance Corp. (RWAY) Q3 2023 Earnings Call Transcript

Delivered Total and Net Investment Income of $43.8 and $22.0 Million, Respectively Investment Portfolio of $1.0 Billion Conference Call Today, Tuesday, November 7, at 5:00 p.m. ET MENLO PARK, Calif.

Runway Growth Finance Corp. Reports Third Quarter 2023 Financial Results

MENLO PARK, Calif., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2023 cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.06 per share, for the fourth quarter of 2023.

Runway Growth Finance Corp. Announces Fourth Quarter Dividend of $0.40 with $0.06 Supplemental Distribution

Runway's inaugural appearance on the list demonstrates the firm's commitment to driving supportive partnerships for companies seeking alternatives to highly dilutive equity. MENLO PARK, Calif.

Runway Growth Capital Named in Inc.'s 2023 List of Founder-Friendly Investors

Runway Growth Finance Corp. (RWAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Runway Growth Finance Corp. (RWAY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

MENLO PARK, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2023 financial results after market close on Tuesday, November 7, 2023. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Runway Growth Finance Corp. Announces Date for Third Quarter 2023 Financial Results and Conference Call

Runway Growth Finance is paying out a 13.1% regular dividend yield that's 123% covered by net investment income. The BDC is currently swapping hands at a 15% discount to NAV per share as of the end of second quarter of its fiscal 2023. NAV has been dipping, with the BDC also taking a conservative approach to new investments.

Runway Growth Finance: Should You Grab The Venture Debt Powered 13.1% Yield?

Business Development Companies (BDCs) have performed well during rate hikes, unlike REITs, due to their high yields. Runway Growth Finance is a lesser-known BDC that focuses on technology, life sciences, healthcare, and select consumer services. RWAY has a growing and diversified portfolio, a strong management team, a conservative balance sheet, and a high dividend yield of over 12%.

Runway Growth Finance: You Really Should Consider This 12+% Yield For Your Portfolio

Magellan Midstream Partners

Postal Realty Trust

Trinity Capital

With Wall Street ending a tumultuous week amid a hawkish Fed outlook, investors should invest in safe stocks like Magellan Midstream Partners (MMP), Trinity Capital (TRIN), Runway Growth Finance (RWAY) & Postal Realty Trust (PSTL).

4 Safe Picks as a Hawkish Fed Spurs Sell-off on Wall Street

Centerspace REIT

Invitation Homes

NVIDIA

Amid a dreary September, investors must buy stocks such as Centerspace (CSR), Magellan Midstream Partners (MMP), Invitation Home (INVH), Trinity Capital (TRIN) and Runway Growth Finance (RWAY) for a steady income.

After a Sour August, Expect a Weak September: 5 Safe Picks

Crescent Capital BDC Inc

Golub Capital BDC

With things looking murkier this August, invest in stocks like Getty Realty (GTY), Trinity Capital (TRIN), Crescent Capital (CCAP), Golub Capital (GBDC) and Runway Growth Finance (RWAY) for a steady income.

5 Ultra-Safe Stocks to Counter a Choppy Wall Street

News for Runway Growth Finance Corp Stock (RWAY)