NASDAQ$GAIN

Gladstone Investment Corporation · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and fiscal year ended March 31, 2024.

Gladstone Investment Corporation reported a net investment income of $5.3 million, or $0.15 per weighted-average common share, for the quarter ended March 31, 2024. Total investment income was $23.6 million and net asset value per common share was $13.43.

  • Recognized a $14.7 million realized loss on investments in The Mountain Corporation due to its liquidation.
  • Paid $0.08 per common share to common stockholders in each of January, February, and March 2024.
  • Sold 1,336,713 shares of common stock under the ATM program, raising approximately $18.9 million in net proceeds.
  • Amended the credit facility, increasing the size from $135.0 million to $200.0 million.

Headline financials

Total Revenue

$23.6M

Previous: $19.9M+19.1%
EPS (adj)

$0.24

Previous: $0.26-7.7%
NAV per Share

$13.43

No prior period
Net Income

$5.32M

Previous: $4.66M+14.3%
Operating Income

$5.32M

Previous: $4.66M+14.3%

Revenue & EPS history

Gladstone Investment · Revenue · Quarterly

$23.6M

Q4 2024+19.1%vs Q4 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 Q4 2024

Historical avgQ4 2024

-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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