NASDAQ$OFS

Ofs Capital Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Announced financial results for the first quarter of 2022 and increased the quarterly distribution to $0.29 per share.

OFS Capital Corporation reported a net investment income of $3.0 million, or $0.22 per common share, and an adjusted net investment income of $4.1 million, or $0.30 per common share for the first quarter of 2022. The net asset value per common share increased to $15.52. The board declared a distribution of $0.29 per common share for the second quarter of 2022.

  • Net investment income was $3.0 million, or $0.22 per common share.
  • Adjusted net investment income was $4.1 million, or $0.30 per common share.
  • Net gain on investments was $5.5 million, or $0.41 per common share.
  • Net asset value per common share was $15.52 as of March 31, 2022, an increase from $15.18 as of December 31, 2021.

Headline financials

Total Revenue

$10.9M

No prior period
EPS (adj)

$0.30

No prior period
Net Income

$8.36M

No prior period
Operating Income

$3.01M

No prior period
Cash & Equivalents

$10.5M

No prior period
Total Assets

$572M

No prior period

Revenue & EPS history

OFS Capital · Revenue · Quarterly

$10.9M

Q1 2022
Beat estimate in 1 of 13 quarters(8%)
ActualEstimate

Forward guidance

Management believes that credit quality remains solid and that the portfolio is well positioned in a rising interest rate environment due to a high percentage of floating rate loans.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.2%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+14.2%

Q3 2022

Best reaction

-8.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-2.0%-14.4%
Q4 2025-3.9%-6.7%-17.9%
Q3 2025-0.1%-26.9%-32.0%
Q1 2025-1.2%-3.1%-6.4%
Q4 2024+4.2%+6.9%+8.6%
Q3 2024-1.0%-2.3%-0.5%
Q2 2024-5.0%-5.3%-4.8%
Q1 2024-2.5%-2.4%+0.6%
Q4 2023-8.1%-8.5%-12.5%
Q3 2023+1.7%+5.5%+9.8%
Q2 2023+0.3%-1.7%+5.0%
Q1 2023+1.1%+3.0%-1.4%
Q4 2022+8.2%+7.7%+4.1%
Q3 2022+14.2%+11.3%+13.0%
Q2 2022-0.1%-2.2%-6.8%
Q1 2022-2.5%-0.9%+2.6%
Q4 2021+9.1%+10.9%+33.1%
Q3 2021+3.4%+0.9%+0.2%
Q4 2020+4.3%+7.0%+7.9%

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