NASDAQ$RWAY

Runway Growth Finance Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Runway Growth reported strong financial performance with sequential net investment income growth and solid originations.

Runway Growth Finance Corp. announced its Q3 2024 financial results, reporting a total investment income of $36.7 million and a net investment income of $15.9 million, or $0.41 per share. The investment portfolio totaled $1.1 billion. The company also declared a fourth quarter 2024 regular dividend of $0.40 per share.

  • Total investment income was $36.7 million.
  • Net investment income was $15.9 million, or $0.41 per share.
  • Net asset value was $13.39 per share.
  • Dollar-weighted annualized yield on debt investments was 15.9%.

Headline financials

Total Revenue

$16M

Previous: $22.3M-28.0%
EPS

$0.65

Previous: $0.54+20.4%
Capital Expenditures

$0.00

Previous: $0.00
Free Cash Flow

$25M

Previous: $14.8M+69.0%
Net Income

$25M

Previous: $14.8M+69.0%
Operating Income

-$5.1M

Previous: $216K-2462.0%
Gross Profit

$16M

Previous: $22.3M-28.0%
Cash & Equivalents

$3.62M

Previous: $14.9M-75.8%
Total Assets

$1.08B

Previous: $1.03B+4.0%

Revenue & EPS history

Runway Growth · Revenue · Quarterly

$16M

Q3 2024-28%vs Q3 2023
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

Runway Growth believes the company is positioned to accelerate growth and drive long-term shareholder value.

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 Q3 2024

Historical avgQ3 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
Q2 2025———
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———

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