← Runway Growth Finance Corp.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income From Continuing Operations | — | $45.6m | $32.2m | $44.3m | $73.6m | $34.0m | $7.8m | |
| Amortization of Debt Issuance Costs | — | $472k | $1.4m | $3.0m | $3.4m | $3.3m | — | |
| Amortization of fixed income premiums or accretion of discounts and end-of-term payments | — | — | ($6.9m) | ($8.7m) | ($6.8m) | ($5.3m) | — | |
| Amortization of deferred financing costs | $225k | $472k | $1.4m | $3.0m | $3.4m | $3.3m | — | |
| Change In Working Capital | — | — | $3.3m | $5.8m | $2.6m | ($1.2m) | ($143k) | |
| Change In Receivables | — | — | ($5.8m) | $497k | $128k | $547k | ($99k) | |
| Increase (decrease) in accrued expenses and other liabilities | ($175k) | $542k | $98k | $1.0m | ($435k) | $1.0m | $534k | |
| Change In Accrued Expense | — | — | $92k | $1.0m | ($435k) | $1.0m | $534k | |
| (Increase) decrease in other assets | $73k | ($1.3m) | ($1.2m) | $25k | $282k | ($2.1m) | — | |
| Change In Other Current Assets | — | — | $227k | $25k | $282k | ($2.1m) | ($789k) | |
| Change In Other Current Liabilities | — | — | $0 | $0 | $0 | $0 | $0 | |
| Net Cash Provided by (Used in) Operating Activities | ($106.1m) |
($61.2m)
+42.27%
|
($359.8m)
-487.54%
|
$112.4m
+131.25%
|
$69.8m
-37.96%
|
$186.3m
+167.08%
|
— | |
| Gain (Loss) on Investments | — | $1.1m | ($27.5m) | ($33.9m) | $9.9m | — | $80.2m | |
| Unrealized Gain (Loss) on Investments | — | ($3.0m) | ($26.5m) | ($15.5m) | $12.8m | ($25.0m) | — | |
| Net realized (gain) loss on investments | — | ($4.2m) | $1.1m | $18.4m | $2.9m | ($2.9m) | — | |
| Net change in unrealized (gain) loss on investments | ($14.3m) | $3.0m | $26.5m | $15.5m | ($12.8m) | $25.0m | — | |
| Purchases of investments | — | ($634.4m) | ($622.7m) | ($277.4m) | ($254.1m) | ($150.3m) | — | |
| Gain (Loss) on Sale of Investments | — | $4.2m | ($1.1m) | — | — | — | — | |
| Sales or repayments of investments | — | $303.6m | $168.9m | $296.4m | $231.2m | $298.6m | — | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | $18.2m | — | |
| Cash flows from financing activities: | ||||||||
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | $2.9m | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | ($25.0m) | — | |
| Borrowings under credit facility | $200.5m | $161.0m | $484.0m | $210.0m | $211.0m | $205.5m | — | |
| Issuance Of Debt | — | — | $686.2m | $235.0m | $211.0m | $327.1m | $657.8m | |
| Long Term Debt Issuance | — | — | $686.2m | $235.0m | $211.0m | $327.1m | $657.8m | |
| Net Issuance Payments Of Debt | — | — | $478.2m | ($40.0m) | $39.0m | ($106.4m) | $141.3m | |
| Net Long Term Debt Issuance | — | — | $478.2m | ($40.0m) | $39.0m | ($106.4m) | $141.3m | |
| Long Term Debt Payments | — | — | ($208.0m) | ($275.0m) | ($172.0m) | ($433.5m) | ($516.5m) | |
| Repayment Of Debt | — | — | ($208.0m) | ($275.0m) | ($172.0m) | ($433.5m) | ($516.5m) | |
| Issuance Of Capital Stock | — | $119.3m | $0 | $0 | — | — | — | |
| Repurchase Of Capital Stock | — | — | ($10.8m) | $0 | ($36.0m) | ($12.5m) | ($5.8m) | |
| Proceeds from Issuance of Common Stock | — | $119.3m | — | — | — | — | — | |
| Common Stock Issuance | — | $119.3m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | ($10.8m) | $0 | ($36.0m) | ($12.5m) | ($5.8m) | |
| Payments for Repurchase of Common Stock | — | — | $10.8m | — | $36.0m | $12.5m | — | |
| Common Stock Payments | — | — | ($10.8m) | $0 | ($36.0m) | ($12.5m) | ($5.8m) | |
| Common Stock Dividend Paid | — | — | ($51.6m) | ($73.3m) | ($69.9m) | ($51.4m) | ($50.9m) | |
| Dividends paid | — | $18 | $52 | $73 | $70 | $51 | ($50.9m) | |
| Dividends paid to stockholders | ($7) | ($18) | ($52) | ($73) | ($70) | ($51) | ($50.9m) | |
| Cash Dividends Paid | — | — | ($51.6m) | ($73.3m) | ($69.9m) | ($51.4m) | ($50.9m) | |
| Net Other Financing Charges | — | — | ($44.8m) | $0 | ($1k) | $0 | $0 | |
| Net cash (used in) provided by financing activities | $75.2m |
$51.1m
-32.08%
|
$360.9m
+606.88%
|
($115.2m)
-131.93%
|
($67.0m)
+41.87%
|
($173.9m)
-159.63%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | $51.1m |
$360.9m
+606.88%
|
($115.2m)
-131.93%
|
($67.0m)
+41.87%
|
($173.9m)
-159.63%
|
— | |
| Net increase (decrease) in cash and cash equivalents | ($30.9m) | ($10.2m) | $1.1m | ($2.8m) | $2.8m | $12.4m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($10.2m) | $1.1m | ($2.8m) | $2.8m | $12.4m | $10.8m | |
| Beginning Cash Position | — | — | $4.7m | $5.8m | $3.0m | $5.8m | $6.0m | |
| Cash and cash equivalents at beginning of period | $14.9m | $4.7m | $5.8m | $3.0m | $5.8m | $18.2m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $6k | ($10k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $4.7m | $5.8m | $3.0m | $5.8m | $18.2m | $10.8m | |
| Effect Of Exchange Rate Changes | — | — | — | $0 | $0 | $6k | ($10k) | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Income Tax Expense (Benefit) | — | $0 | $290k | $700k | $400k | $900k | — | |
| Additional Financial Items | ||||||||
| General and Administrative Expense | — | $827k | $1.0m | — | — | — | — | |
| Investment Company Distribution Ordinary Income | — | — | — | $73.3m | $69.9m | $51.4m | — | |
| Operating Expenses | — | $26.9m | $48.8m | $85.9m | $80.9m | $80.4m | — | |
| Payments of Financing Costs | — | $400k | $10.2m | — | $166k | $3.5m | — | |
| Realized Investment Gains (Losses) | — | $4.2m | ($1.1m) | ($18.4m) | ($2.9m) | $2.9m | — | |
| Net increase in net assets resulting from operations | $47.0m | $45.6m | $32.2m | $44.3m | $73.6m | $34.0m | — | |
| Payment-in-kind interest | — | ($3.0m) | ($8.7m) | ($19.9m) | ($12.3m) | ($15.7m) | — | |
| Sales or maturities of U.S. Treasury Bills | — | $235.0m | $45.0m | $35.0m | $42.0m | — | — | |
| Net realized gain (loss) on forward contracts and foreign currency transactions | — | — | — | $0 | $0 | $26k | — | |
| Net change in unrealized gain (loss) on forward contracts and foreign currency transactions | — | — | — | $0 | $0 | $711k | — | |
| (Increase) decrease in interest and fees receivable | ($741k) | $314k | ($4.4m) | $497k | $128k | $547k | — | |
| Increase (decrease) in incentive fees payable | — | $1.0m | $2.8m | $3.7m | $1.6m | $338k | — | |
| Increase (decrease) in interest payable | ($32k) | ($219k) | $6.0m | $543k | $979k | ($987k) | — | |
| Payments of deferred financing costs | ($830k) | ($400k) | ($10.2m) | ($1.9m) | ($166k) | ($3.5m) | — | |
| Repayments under credit facility | ($162.5m) | ($199.0m) | ($208.0m) | ($275.0m) | ($172.0m) | ($343.5m) | — | |
| Proceeds from Notes | — | $20.0m | $202.2m | $25.0m | — | $107.0m | — | |
| Acquisition/ Repurchase of stock | — | — | ($10.8m) | — | ($36.0m) | ($12.5m) | — | |
| Change In Payable | — | — | $8.8m | $4.2m | $2.6m | ($649k) | $211k | |
| Changes In Cash | — | — | $1.1m | ($2.8m) | $2.8m | $12.4m | $4.9m | |
| End Cash Position | — | — | $5.8m | $3.0m | $5.8m | $18.2m | $10.8m | |
| Financing Cash Flow | — | — | $360.9m |
($115.2m)
-131.93%
|
($67.0m)
+41.87%
|
($173.9m)
-159.63%
|
$80.2m
+146.15%
|
|
| Free Cash Flow | — | — | ($359.8m) | $112.4m | $69.8m | $186.3m | ($75.4m) | |
| Gain Loss On Investment Securities | — | — | ($381.3m) | $87.9m | $9.2m | $171.1m | $80.2m | |
| Other Non Cash Items | — | — | ($14.1m) | ($25.6m) | ($15.7m) | ($17.6m) | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | $1.1m | ($2.8m) | $2.8m | $12.4m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.1m | $2.8m | $7.8m | $38.1m | $37.3m | $37.9m | — | |
| Income Taxes Paid, Net | $100k | — | $1k | $340k | $616k | $390k | — |