Fidus Investment ( (FDUS) ) has released its Q4 earnings. Here is a breakdown of the information Fidus Investment presented to its investors.
Fidus Investment Corporation is a provider of customized debt and equity financing solutions primarily to lower middle-market companies in the United States, focusing on generating attractive risk-adjusted returns through both current income and capital appreciation.
In its latest earnings report, Fidus announced its financial results for the fourth quarter and full year of 2024, highlighting a solid performance with significant investment activity and dividend declarations. The company declared total dividends of $0.54 per share for the first quarter of 2025, consisting of a base dividend and a supplemental dividend.
Key financial metrics for the fourth quarter of 2024 included a total investment income of $37.5 million and net investment income of $18.6 million, or $0.55 per share. For the full year, Fidus reported a total investment income of $146.1 million and net investment income of $74.6 million, or $2.29 per share. The company invested $394.5 million in debt and equity securities over the year, adding 16 new portfolio companies, and received $276.9 million from repayments and realizations.
Looking ahead, Fidus remains committed to its strategy of growing net asset value, preserving capital, and delivering attractive returns to shareholders. The company’s management expressed confidence in continuing to expand its portfolio and maintain sound credit quality while adhering to its investment strategy.
Overall, Fidus Investment Corporation’s 2024 financial performance reflects its strategic focus on investment growth and shareholder returns, positioning the company for continued success in the coming year.