PENNANTPARK INVESTMENT CORP

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenue ($5.0m) ($20.2m) $58.5m $41.8m
Other Operating Expenses $8.0m $289k $324k
Additional Financial Items
Gain (Loss) on Investments $30.0m $34.8m ($156.8m) ($33.6m) ($52.4m)
Realized Investment Gains (Losses) $30.0m $43.9m ($151.5m) ($33.8m) ($52.5m)
Interest $56.3m $78.9m $108.9m $106.3m $90.4m
Payment-in-kind $14.8m $8.5m $4.5m $9.6m $7.8m
Dividend income $6.4m $9.1m $45.4m $24.5m $22.4m
Other income $4.1m $8.5m $2.3m $3.5m $1.8m
Base management fee $17.3m $19.8m $16.5m $16.7m $16.2m
Incentive fee $575k $2.7m $13.9m $12.7m $9.8m
Provision for taxes on net investment income $600k $800k $4.3m $2.6m $2.6m
Non-controlled, non-affiliated investments $30.0m $43.9m ($151.5m) ($33.8m) ($52.5m)
Net realized (gain) loss on debt extinguishment $0 ($2.9m) ($289k) $0 $0
Provision for taxes on realized gain on investments $0 ($6.2m) ($5.0m) $186k $26k
Net realized gain (loss) on investments and debt $30.0m $34.8m ($156.8m) ($33.6m) ($52.4m)
Net change in unrealized appreciation (depreciation) on investments and debts $117.9m ($110.0m) $59.6m $27.5m $39.2m
Provision for taxes on unrealized appreciation (depreciation) on investments $0 ($896k) $1.6m ($680k) $0
Debt appreciation (depreciation) (See Notes 5 and 11) ($17.8m) $7.5m ($3.8m) ($4.4m) ($116k)
Net change in unrealized appreciation (depreciation) on investments and debt $100.1m ($103.4m) $57.4m $22.4m $39.1m
Net realized and unrealized gain (loss) from investments and debt $130.1m ($68.7m) ($99.3m) ($11.2m) ($13.3m)
Net increase (decrease) in net assets resulting from operations $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Net increase (decrease) in net assets resulting from operations per common share $2 ($0) ($1) $1 $0
Net investment income per common share $1 $1 $1 $1 $1
Basic EPS $2 ($0.37) ($0.52) $0.75 $0.50
Diluted EPS $2 ($0.37) ($0.52) $0.75 $0.50
Diluted NI Availto Com Stockholders $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Gain On Sale Of Security $30.0m $43.9m ($151.5m) ($33.8m) ($52.5m)
Interest Income $87.4m $113.4m $115.8m $98.2m
Net Income From Continuing And Discontinued Operation $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Net Income From Continuing Operation Net Minority Interest $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Net Interest Income $58.7m $74.0m $70.6m $56.9m
Normalized Income $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Selling General And Administration $3.9m $5.7m $6.6m $6.2m
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Provision $7.9m $7.7m $3.1m $2.6m
Tax Rate For Calcs $0 $0 $0 $0
Investment Income, Net $105.0m
Net Investment Income $36.5m $43.9m $65.5m $60.1m $46.1m
Total investment income $81.6m $105.0m $145.4m $143.8m $122.4m
Pre-Tax Income ($16.9m) ($26.1m) $51.9m $35.3m
Net Income Continuous Operations $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Net Income (Loss) Attributable to Parent $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Net Income Including Noncontrolling Interests $166.6m ($24.7m) ($33.8m) $48.9m $32.7m
Weighted Average Number of Shares Outstanding, Basic 65.3m
Basic Average Shares $66.9m $65.0m $65.1m $65.5m
Diluted Average Shares $66.9m $65.0m $65.1m $65.5m
Weighted Average Number of Shares Outstanding, Diluted 65.3m
General and Administrative Expense $1.0m $3.8m $4.9m $4.3m
General and administrative expenses $2.3m $2.9m $3.8m $4.9m $4.3m
Costs and Expenses $45.1m $61.0m $79.8m $83.7m $76.3m
Investment Income Operating After Expense And Tax $65.5m $60.1m $46.1m
Management Fee Expense $17.3m $19.8m $16.5m $16.7m $16.2m
Interest and expenses on debt $22.5m $28.8m $39.4m $45.2m $41.3m
Administrative services expenses $1.8m $1.0m $1.8m $1.7m $1.9m
Expenses before provision for taxes and financing costs $44.5m $55.1m $75.5m $81.1m $73.4m
Credit facility amendment and debt issuance costs (See Notes 5 and 11) $0 $5.1m $0 $0 $324k
Net expenses $45.1m $61.0m $79.8m $83.7m $76.3m
Interest Expense $22.5m $28.8m $39.4m $45.2m $41.3m
Operating Expense $11.9m $6.0m $6.6m $6.5m