NASDAQ$FDUS

Fidus Investment Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full year ended December 31, 2022.

Fidus Investment Corporation reported a total investment income of $27.5 million, net investment income of $12.5 million or $0.51 per share, and adjusted net investment income of $12.6 million or $0.51 per share for Q4 2022. The company invested $65.9 million in debt and equity securities and received $65.7 million from repayments and realizations.

  • Total investment income was $27.5 million.
  • Net investment income was $12.5 million, or $0.51 per share.
  • Adjusted net investment income was $12.6 million, or $0.51 per share.
  • Invested $65.9 million in debt and equity securities, including four new portfolio companies.

Headline financials

Total Revenue

$27.5M

Previous: $24.1M+14.0%
EPS (adj)

$0.51

Previous: $0.49+4.1%
NAV per share

$19.43

Previous: $19.96-2.7%
Repayments and Realizations

$65.7M

Previous: $154M-57.3%
Investment Activity

$65.9M

Previous: $101M-34.9%
Net Income

$12.5M

Previous: $2.45M+410.0%
Operating Income

$13.9M

Previous: $2.93M+375.1%
Cash & Equivalents

$62.4M

Previous: $169M-63.2%
Total Assets

$936M

Previous: $897M+4.3%

Revenue & EPS history

Fidus Investment · Revenue · Quarterly

$27.5M

Q4 2022+14%vs Q4 2021
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Fidus Investment · $27.5M total across 5 segments · Q4 2022

  • Interest income
    $24.4M+33.3%
  • Fee income
    $2.03M-43.4%
  • Interest on idle funds
    $522K+52199900.0%
  • Payment-in-kind interest
    $336K-65.1%
  • Dividend income
    $204K-83.8%

Forward guidance

Fidus Investment Corporation did not provide specific forward guidance in this earnings report.

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 Q4 2022

Historical avgQ4 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%

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