NASDAQ$RWAY

Runway Growth Finance Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Runway Growth reported second quarter results with total investment income of $34.2 million and net investment income of $14.6 million.

Runway Growth Finance Corp. announced its financial results for the second quarter ended June 30, 2024. The company reported a total investment income of $34.2 million and a net investment income of $14.6 million, or $0.37 per share. The investment portfolio totaled $1.1 billion.

  • Total investment income was $34.2 million.
  • Net investment income was $14.6 million, or $0.37 per share.
  • Net asset value was $13.14 per share.
  • Dollar-weighted annualized yield on debt investments was 15.1%.

Headline financials

Total Revenue

$14.7M

Previous: $19.8M-25.6%
EPS

$0.21

Previous: $0.49-57.1%
Capital Expenditures

$0.00

No prior period
Free Cash Flow

$8.29M

Previous: $22.3M-62.9%
Net Income

$8.29M

Previous: $22.3M-62.9%
Operating Income

-$5.08M

Previous: -$2.61M-94.3%
Gross Profit

$14.7M

Previous: $19.8M-25.6%
Cash & Equivalents

$8.81M

Previous: $37.7M-76.7%
Total Assets

$1.08B

Previous: $1.14B-5.6%

Revenue & EPS history

Runway Growth · Revenue · Quarterly

$14.7M

Q2 2024-25.6%vs Q2 2023
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Forward guidance

Runway Growth is focused on portfolio performance and redeploying capital to increase diversification.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.7%

Avg return

Earnings day

-2.3%

Avg return

5 days after

-3.3%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+7.4%

Q4 2022

Best reaction

-13.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-2.2%-9.5%
Q4 2025-7.4%-1.7%-8.0%
Q3 2025+1.6%+2.8%-5.7%
Q1 2025+6.3%+7.3%+8.3%
Q4 2024-1.0%-0.3%-14.1%
Q3 2024-0.3%-1.0%+4.3%
Q2 2024-6.5%-8.4%-7.1%
Q1 2024-6.7%-12.3%-8.2%
Q4 2023-13.4%-11.4%-7.7%
Q3 2023+2.6%+0.9%-1.3%
Q2 2023+3.8%+5.9%+2.8%
Q1 2023-1.4%-5.4%+11.7%
Q4 2020+7.4%+2.1%-5.9%
Q4 2022+7.4%+2.1%-5.9%
Q3 2022-1.5%-2.5%-5.9%
Q2 2022+4.1%+2.3%-8.4%
Q1 2022-1.3%-9.7%-7.9%
Q4 2021-1.0%-8.5%+3.0%
Q3 2021-5.8%-4.2%+3.7%
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q3 2016
Q2 2016

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