MidCap Financial Investment (MFIC) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Company Participants Elizabeth Besen - Investor Relations ManagerTanner Powell - Chief Executive OfficerTed McNulty - President & CIO - AIMGregory Hunt - CFO & TreasurerKenneth Lee - Vice PresidentHoward Widra - Executive Chairman of the BoardHeli Sheth - Equity Research AssociateMelissa Wedel - Vice President, U.S. Equities ResearchPaul Johnson - Vice President Conference Call Participants Mark Hughes - Analyst Operator morni ...

MidCap Financial Investment (MFIC) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 morning and welcome to the Earnings Conference Call for the period ended 03/31/2025 for MidCap Financial Investment Corporation. At this time, all participants have been placed in a listen only mode. The call will be opened for a question and answer session following the speakers' prepared remarks. I will now turn the call over to Elizabeth Beeson, Investor Relations Manager for MidCap Financial Investment Corporation ...

For the quarter ended March 2025, MidCap Financial Investment (MFIC) reported revenue of $78.7 million, up 15.2% over the same period last year. EPS came in at $0.37, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $82.29 million, representing a surprise of -4.37%. The company delivered an EPS surprise of -5.13%, with the consensus EPS estimate being $0.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...

业绩总结 - 截至2025年3月31日，公司净投资收入为3430万美元，每股收益为0.37美元[9] - 2025年第一季度的净投资收入为34,282千美元，较2024年第四季度的37,076千美元下降4.3%[27] - 2025年第一季度的总投资收入为78,698千美元，较2024年第四季度的82,157千美元下降4.5%[27] - 2025年第一季度的每股收益为0.32美元，较2024年第四季度的0.26美元增长23.1%[27] - 2025年第一季度的净资产增加为30,330千美元，较2024年第四季度的24,059千美元增长26.3%[27] 投资与融资 - 2025年第一季度，公司新投资承诺总额为3.76亿美元，涉及36家公司，平均新承诺为1040万美元[9] - 2025年第一季度，公司的总融资（不包括循环信贷融资）为3.57亿美元[13] - 2025年3月的已融资金额为101,565千美元，较2024年12月的96,403千美元有所增加[37] - 2025年3月的未融资金额为273,518千美元，较2024年12月的244,674千美元有所增加[37] - 2025年3月的借款人数量为81，较2024年12月的77有所增加[37] 投资组合表现 - 截至2025年3月31日，公司的总投资组合价值为31.89亿美元，涉及240家公司[10] - 直接发起投资组合的加权平均收益率为10.7%[10] - 2025年3月，投资组合中1.7%的投资处于非计息状态，按摊余成本计算为48,540千美元[21] - 2025年3月，投资组合中非计息投资占总投资的0.9%，按公允价值计算为29,638千美元[21] - 2025年3月，新增投资组合公司数量为20家，较2024年12月的11家增长81.8%[20] 资产与负债 - 截至2025年3月31日，资产总额为3,355,699千美元，较2024年12月31日的3,190,950千美元增长5.2%[28] - 截至2025年3月31日，负债总额为1,962,439千美元，较2024年12月31日的1,786,304千美元增长9.8%[28] - 截至2025年3月31日，公司的债务与股本比率为1.39倍，较2024年12月31日的1.25倍有所上升[28] 股东回报与分红 - 2025年5月7日，公司董事会宣布每股派息0.38美元，将于2025年6月26日支付[9] - 2025年第一季度，公司回购了476,656股普通股，平均回购价格为每股12.75美元，总成本为610万美元[9] 杠杆与风险管理 - 2025年第一季度，公司的净杠杆比率为1.31倍[9] - 第一留置权的加权平均净杠杆为5.25倍，较2024年12月的5.50倍下降4.5%[16] - 2025年3月，第一留置权的加权平均净杠杆为4.2倍，较2024年12月的4.3倍略有下降[17] - 2025年第一季度的浮动利率资产占投资组合的90%[32] 其他信息 - 2025年第一季度的总费用为45,222千美元，较2024年第四季度的45,253千美元基本持平[27] - 杠杆贷款的实现和未实现损益为（1.2）百万美元，较2024年12月的（13.9）百万美元有所改善[36] - 生命科学领域的实现损益为0.4百万美元，较2024年12月的（0.0）百万美元有所回升[36]

On May 7, 2025, the Board declared a dividend of $0.38 per share payable on June 26, 2025 to stockholders of record as of June 10, 2025. Mr. Tanner Powell, the Company's Chief Executive Officer stated, "We reported solid first quarter results including a healthy level of earnings, a reduction in non-accruals, and strong portfolio growth. We continued to deploy the investment capacity generated from our recent mergers into assets originated by MidCap Financial, although this was partially offset by ongoing s ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-00646 MIDCAP FINANCIAL INVESTMENT CORPORATION (Exact name of Registrant as specified in its charter) Maryland 52-2439556 (State or other jurisdiction of i ...

Results for the Quarter Ended March 31, 2025 and Other Recent Highlights: Net investment income per share for the quarter was $0.37Net asset value per share as of the end of the quarter was $14.93, compared to $14.98 as of December 31, 2024, a decrease of 0.3%New investment commitments made during the quarter totaled $376 million(1)Gross fundings, excluding revolver fundings(2), totaled $357 million for the quarterNet fundings, including revolvers(2), totaled $170 million for the quarterNet leverage(3) was ...

股价表现 - MidCap Financial Investment (MFIC) 股价在上一交易日大涨11.8%至11.70美元 这一涨幅伴随着显著放量 成交量高于平均水平 [1] - 该股在过去四周累计下跌15.7% 此次反弹部分抵消了前期跌幅 [1] - 同行业的Atlanticus Holdings Corporation (ATLC) 在上一交易日上涨13.2%至52.66美元 过去一个月累计上涨4.1% [4] 上涨驱动因素 - 股价上涨与特朗普政府宣布对多数国家暂停90天互惠关税直接相关 [2] - 公司具备强大的品牌声誉 多元化的产品组合和稳定的客户关系 [2] - 创新能力和产品质量支撑溢价定价策略 增强客户忠诚度 [2] - 完善的销售网络和战略市场定位提升竞争力 [2] - 运营效率和规模经济帮助公司在动态市场环境中保持盈利能力和韧性 [2] 财务预期 - 公司预计公布季度每股收益0.39美元 同比下滑11.4% [3] - 预计季度营收8427万美元 同比增长23.3% [3] - 过去30天共识EPS预期维持不变 缺乏盈利预期上调可能限制股价持续上涨空间 [4] - 同行业公司Atlanticus的共识EPS预期在过去一个月上调20%至1.33美元 同比增长22% [5] 行业比较 - 公司属于Zacks金融-综合服务行业 目前Zacks评级为3(持有) [4] - 同行业公司Atlanticus当前Zacks评级为1(强力买入) [5]

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended March 31, 2025, after the closing of the Nasdaq Global Select Market on Monday, May 12, 2025. The Company will also host a conference call on Tuesday, May 13, 2025, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 225-9448 approximately 5-10 minutes prior to the ...

文章核心观点 - MidCap Financial Investment Corporation在12月季度财报电话会议上公布的业绩符合预期，业绩仍超过已支付股息，且杠杆率极低 [1] 公司情况 - MidCap Financial Investment Corporation业绩符合预期 [1] - 公司业绩超过已支付股息 [1] - 公司杠杆率为1.18 [1]