Fidus Investment's Q2 investment income rises 12.1%

Reuters
Aug 08
Fidus Investment's <a href="https://laohu8.com/S/QTWO">Q2</a> investment income rises 12.1%

Overview

  • Fidus Q2 2025 total investment income rises 12.1% to $40.0 mln

  • Adjusted net investment income at $20.0 mln, or $0.57 per share

  • Company invested $94.5 mln in new debt and equity securities

Outlook

  • Fidus sees ample liquidity to build portfolio

  • Company aims to maintain attractive risk-adjusted returns

Result Drivers

  • INTEREST INCOME - Increase in average debt investment balances led to higher interest income, contributing to total investment income growth

  • FEE INCOME - Significant rise in fee income driven by increased prepayment and origination fees

  • DIVIDEND INCOME - Growth in dividend income attributed to higher distributions from equity investments

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Asset Value

$692.30 mln

Q2 Net Asset Value Per Share

$19.57

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the closed end funds peer group is "hold."

  • Wall Street's median 12-month price target for Fidus Investment Corp is $22.00, about 5.7% above its August 6 closing price of $20.75

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX2WPgK6

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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