SLR Investment Corp. ( (SLRC) ) has released its Q1 earnings. Here is a breakdown of the information SLR Investment Corp. presented to its investors.
SLR Investment Corp. is a closed-end investment company specializing in leveraged investments in U.S. upper middle market companies, primarily through cash flow, asset-based, and life sciences senior secured loans.
In its latest earnings report for the quarter ended March 31, 2025, SLR Investment Corp. announced a net investment income of $22.1 million, or $0.41 per share, and declared a quarterly distribution of the same amount per share. The company maintained a stable net asset value of $18.16 per share, slightly down from $18.20 per share at the end of 2024.
Key financial highlights for the quarter include an investment portfolio fair value of $2.0 billion and a comprehensive investment portfolio fair value of $3.1 billion. The company reported net realized and unrealized losses of $2.2 million, resulting in a net increase in net assets from operations of $19.9 million. SLR Investment Corp. also noted a significant pipeline of asset-based lending opportunities, driven by market dislocation and the retreat of traditional bank lenders.
The company’s portfolio remains heavily collateralized by working capital assets, with a focus on domestic services businesses. With a conservative portfolio net leverage near the low-end of its target range and over $800 million in available capital, SLR Investment Corp. is well-positioned to capitalize on attractive investment opportunities amidst ongoing market volatility.
Looking ahead, SLR Investment Corp. management expresses confidence in the quality and performance of its portfolio, emphasizing its strategic positioning to navigate the current economic environment and continue generating value for shareholders.