NASDAQ$SSSS

SuRo Capital Corp · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

SuRo Capital reported net assets of approximately $210.0 million, or $7.39 per share, at December 31, 2022. The company held positions in 39 portfolio companies with an aggregate fair value of approximately $157.2 million, excluding short-term US treasuries. They completed a $10.0 million primary investment in Locus Robotics Corp during the quarter.

  • Net assets totaled $210.0 million, or $7.39 per share, at December 31, 2022.
  • Held positions in 39 portfolio companies with an aggregate fair value of approximately $157.2 million.
  • Completed a $10.0 million primary investment in Locus Robotics Corp.
  • Liquid assets were approximately $138.5 million as of December 31, 2022.

Headline financials

Total Revenue

$1.46M

Previous: $381K+284.2%
EPS (adj)

-$0.10

Previous: -$0.09-11.1%
Net Income

$0.00

Previous: $0.00
Cash & Equivalents

$139M

Previous: $215M-35.7%
Total Assets

$284M

Previous: $365M-22.0%
Stock-Based Comp

$629K

Previous: $371K+69.2%

Revenue & EPS history

SuRo Capital · Revenue · Quarterly

$1.46M

Q4 2022+284.2%vs Q4 2021
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Forward guidance

SuRo Capital remains poised to continue investing in both primary and secondary opportunities for later-stage, high-growth companies. The company believes valuations will continue to converge, creating advantageous conditions for them to deploy capital and remains committed to shareholder value-enhancing initiatives.

Tailwinds

  • Poised to continue investing in both primary and secondary opportunities.
  • Focus on later-stage, high-growth companies.
  • Belief that valuations will continue to converge.
  • Advantageous conditions for capital deployment.
  • Committed to shareholder value-enhancing initiatives.

Headwinds

  • Residual impact of bank failures rippling through markets.
  • Historic volatility in equity markets has continued into 2023.
  • Divergence between pricing in private and public markets.
  • Uncertainty regarding market conditions.
  • Potential risks associated with forward-looking statements.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.7%

Avg return

30 days after

52%

31 / 60 earnings

Positive

+14.1%

Q2 2021

Best reaction

-18.8%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%+1.1%+3.1%
Q4 2025+5.8%+7.9%+12.8%
Q3 2025+1.7%+4.1%-3.9%
Q1 2025+2.3%+7.3%+42.1%
Q4 2024+9.9%-0.9%+14.4%
Q3 2024-1.6%-2.5%+17.5%
Q2 2024-1.1%+0.5%+2.1%
Q1 2024+0.5%-0.8%+6.0%
Q4 2023-0.5%+0.0%-8.5%
Q3 2023-3.6%-3.6%+4.6%
Q2 2023-5.3%-5.3%-5.1%
Q1 2023-1.1%-0.3%-3.7%
Q4 2022+0.7%+13.0%+19.5%
Q3 2022-9.7%-0.9%-13.4%
Q2 2022-0.5%+2.3%-7.1%
Q1 2022-0.7%-5.4%-9.8%
Q4 2021-18.8%-24.7%-23.7%
Q3 2021+6.8%+7.9%-16.0%
Q2 2021+14.1%+21.9%+6.1%
Q1 2021+5.5%+2.0%-4.4%
Q4 2020+2.2%+3.4%+16.8%
Q3 2020+14.0%+8.3%+41.7%
Q2 2020+9.5%+1.7%-3.4%
Q1 2020+1.3%-2.4%+4.6%
Q4 2019-15.9%-11.8%+4.8%
Q3 2019+0.4%+0.6%+1.5%
Q2 2019+2.4%-2.8%-1.9%
Q1 2019+3.8%-3.3%-5.7%
Q4 2018+1.2%+4.0%-4.9%
Q3 2018+2.7%-0.6%-9.1%
Q2 2018+2.5%+5.1%+2.2%
Q1 2018-1.5%+0.1%-1.2%
Q4 2017-2.4%-6.5%-17.5%
Q3 2017+2.0%+7.7%+4.4%
Q2 2017+12.8%+13.0%+23.7%
Q1 2017-1.1%+0.0%+0.0%
Q4 2016-13.8%-11.9%-15.3%
Q3 2016+2.0%+9.1%+8.7%
Q2 2016-1.2%-4.0%-16.4%
Q1 2016+0.0%
Q4 2015-3.5%
Q3 2015+3.4%
Q2 2015-1.6%
Q1 2015+0.7%
Q4 2014-2.4%
Q3 2014-1.2%
Q2 2014+3.3%
Q1 2014-0.7%
Q4 2013+0.8%
Q3 2013-1.0%
Q2 2013+4.8%
Q1 2013-3.1%
Q4 2012-6.6%
Q3 2012-7.0%
Q2 2012-1.3%
Q1 2012-6.8%
Q4 2011+1.7%
Q3 2011+4.1%
Q2 2011+0.4%
Q1 2011-4.6%

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