NASDAQ$GAIN

Gladstone Investment Corporation · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended June 30, 2022.

Gladstone Investment Corporation announced earnings for its first quarter ended June 30, 2022. Net investment income was $7.4 million, or $0.22 per weighted-average common share. Total investment income was $19.3 million, and total expenses were $11.9 million.

  • Exited investment in Bassett Creek Services, Inc., resulting in success fee income of $3.0 million and a realized gain on preferred equity of $4.7 million.
  • Invested $21.0 million in Dema/Mai Holdings, Inc. in the form of preferred equity.
  • Invested an additional $6.4 million in Nocturne Villa Rentals, Inc.
  • Paid $0.075 per common share to common stockholders in each of April, May, and June 2022, and paid a $0.12 per common share supplemental distribution in June 2022.

Headline financials

Total Revenue

$19.3M

No prior period
EPS (adj)

$0.25

No prior period
NAV per Share

$13.44

No prior period
Net Income

$12M

No prior period
Operating Income

$7.37M

No prior period
Cash & Equivalents

$44.3M

No prior period
Total Assets

$446M

No prior period

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

$19.3M

Q1 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-1.1%

Avg return

30 days after

35%

6 / 17 earnings

Positive

+6.7%

Q2 2024

Best reaction

-8.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-7.1%-3.7%-9.3%
Q3 2026+2.2%+1.5%-1.7%
Q2 2026-0.2%+1.2%+1.1%
Q3 2025+4.0%+4.7%-0.9%
Q2 2025-1.6%-0.6%+0.9%
Q1 2025-8.5%-6.0%-6.5%
Q4 2024-1.6%-0.3%-0.3%
Q3 2024-3.9%-1.1%-0.9%
Q2 2024+6.7%+9.9%+8.0%
Q1 2024-2.5%-1.5%-4.1%
Q4 2023-3.3%-2.2%-3.3%
Q3 2023+6.2%+2.5%+0.8%
Q2 2023+5.9%+8.1%+9.5%
Q1 2023+2.4%+2.1%-4.7%
Q4 2022-4.7%-0.6%-4.9%
Q3 2022-1.1%-1.2%-8.4%
Q4 2021-5.2%-2.0%+6.7%

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