NASDAQ$GAIN

Gladstone Investment Corporation · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended December 31, 2021.

Gladstone Investment Corporation announced earnings for its third quarter ended December 31, 2021, with net investment income of $8.4 million, or $0.25 per weighted-average common share, and adjusted net investment income of $8.8 million, or $0.26 per weighted-average common share.

  • Net investment income for the quarter ended December 31, 2021 was $8.4 million, or $0.25 per weighted-average common share.
  • Adjusted net investment income for the quarter ended December 31, 2021 was $8.8 million, or $0.26 per weighted-average common share.
  • Total investment income for the quarters ended December 31, 2021 was $16.7 million.
  • Net asset value per common share remained consistent as of December 31, 2021 compared to September 30, 2021 at $13.27.

Headline financials

Total Revenue

$16.7M

No prior period
EPS (adj)

$0.26

No prior period
NAV per Share

$13.27

No prior period
Net Income

$10.3M

No prior period
Operating Income

$8.4M

No prior period
Cash & Equivalents

$28.6M

No prior period
Total Assets

$701M

No prior period

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

$16.7M

Q3 2022
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

The statements in this press release regarding potential future distributions, earnings and operations of the Company are “forward-looking statements.”

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 Q3 2022

Historical avgQ3 2022

-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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