Investcorp Credit Management BDC Inc. recently held an earnings call on May 14, 2025, to discuss the financial results for the quarter ended March 31, 2025. The call was attended by key company executives, including Walter Tsin, CFO, Suhail Shaikh, President and CEO, and Andrew Muns, COO. During the call, Suhail Shaikh highlighted the company's continued progress and asset stability, noting that the quarter marked a period of "continued progress and asset stability for ICMB." The strategic focus has been on resolving legacy credit issues and repositioning the portfolio for steady performance. The company reported net investment income before taxes of $0.7 million or $0.05 per share, a slight decrease from $0.06 per share in the previous quarter. Additionally, the net asset value per share increased by $0.03. The call also included a Q&A session, where concerns about expense allocations and their impact on shareholders were addressed. "The allocation of expenses is a consideration, as noted by Paul Johnson from KBW, who highlighted the $1.4 million annual expense allocation impacting shareholders." The full transcript can be accessed through the link below.
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