NASDAQ$FDUS

Fidus Investment Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Announced financial results for the first quarter ended March 31, 2022.

Fidus Investment Corporation reported a total investment income of $20.5 million, net investment income of $10.3 million or $0.42 per share, and invested $114.4 million in debt and equity securities during the first quarter of 2022.

  • Total investment income of $20.5 million
  • Net investment income of $10.3 million, or $0.42 per share
  • Adjusted net investment income of $10.6 million, or $0.43 per share
  • Invested $114.4 million in debt and equity securities, including seven new portfolio companies

Headline financials

Total Revenue

$20.5M

Previous: $23.3M-11.9%
EPS (adj)

$0.43

Previous: $0.46-6.5%
NAV per share

$19.91

No prior period
Net Income

$10.3M

No prior period
Operating Income

$11.7M

No prior period
Cash & Equivalents

$86.1M

No prior period
Total Assets

$909M

No prior period

Revenue & EPS history

Fidus Investment · Revenue · Quarterly

$20.5M

Q1 2022-11.9%vs Q1 2021
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Revenue by segment

Fidus Investment · $20.5M total across 5 segments · Q1 2022

  • Interest income
    $17.1M-10.7%
  • Fee income
    $2.2M-28.9%
  • Dividend income
    $689K+640.9%
  • Payment-in-kind interest
    $547K-43.5%
  • Interest on idle funds
    $3

Forward guidance

We continue to expect another active year in the lower middle market providing us with opportunities to further increase our debt portfolio and monetize some of our equity investments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.7%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.9%

Avg return

30 days after

63%

15 / 24 earnings

Positive

+16.1%

Q2 2020

Best reaction

-9.9%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%+1.5%-0.6%
Q4 2025-3.8%+1.1%-8.0%
Q3 2025-0.7%-5.4%-5.1%
Q1 2025+1.5%+7.7%+8.1%
Q4 2024+1.3%-2.3%-13.8%
Q3 2024-0.2%-2.0%+9.3%
Q2 2024-1.4%-1.6%+2.9%
Q1 2024-2.4%-3.0%-2.3%
Q4 2023-0.2%-1.7%+0.1%
Q3 2023+4.6%+4.5%+5.0%
Q2 2023-1.8%-3.8%-8.4%
Q1 2023+2.5%+1.9%+4.3%
Q4 2022+0.2%-0.1%-12.5%
Q3 2022+3.1%+4.7%-0.2%
Q2 2022+6.0%+3.5%+4.0%
Q1 2022+1.0%-3.5%+0.0%
Q4 2021+6.4%+5.7%+9.4%
Q3 2021+1.2%+0.8%-0.6%
Q2 2021+4.7%+8.2%+9.7%
Q1 2021+5.5%+1.5%+5.1%
Q4 2020+2.4%+5.4%+4.9%
Q3 2020+4.4%+9.6%+40.6%
Q2 2020+16.1%+21.3%+16.3%
Q1 2020-9.9%-15.4%+0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro