Core Insights - Standard Premium Finance Holdings, Inc. has reported record-breaking profitability with a net income increase of 84.1% year-over-year and total revenues exceeding $12.1 million, marking a 24.9% increase over 2023 [1][6] - The company achieved its strongest single-quarter performance in Q1 2025, with a 230% increase in earnings per share and an 82.7% rise in net income compared to Q1 2024 [1][6] Financial Highlights - Fiscal Year 2024: - Total Revenues: $12.1 million (up 24.9%) - Net Income: $980,000 (up 84.1%) - Return on Equity: 16.6% [6] - Q1 2025: - Net Income: $336,000 (up 182.7%) - Earnings Per Share (Basic): $0.10 (up 230%) - Return on Equity: 20.99% - Loan Originations: $149 million (up 14%) - Operating expenses reduced by 7.8% year-over-year [6] Business Strategy - The company emphasizes its strong business model, operational discipline, and commitment to customer service while focusing on strategic scaling and delivering consistent shareholder value [2][3] - Standard Premium aims to expand its footprint, invest in technology, and pursue growth opportunities that align with its strengths, including seeking M&A opportunities to leverage economies of scale [3]

An emerging leader in Bitcoin mining Q1 2025 Supplemental Investor Presentation Nasdaq: LMFA Forward-Looking Statements This presentation may contain forward-looking statements the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions bu ...

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. ("LIEN" or the "Company") (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights and Subsequent Events Peter Sack, Chief Executive Officer of the Company, commented, "We continued our measured deployment during the first quarter and to date in the second quarter, bringing ...

Core Viewpoint - Runway Growth Finance Corp. reported its financial results for the first quarter of 2025, highlighting a decrease in total and net investment income compared to the previous year, while maintaining a strong investment portfolio and liquidity position [2][5][12]. Financial Performance - Total investment income for Q1 2025 was $35.4 million, down from $40.0 million in Q1 2024 [5]. - Net investment income for Q1 2025 was $15.6 million, or $0.42 per share, compared to $18.7 million, or $0.46 per share, in Q1 2024 [5][8]. - The dollar-weighted annualized yield on average debt investments was 15.4% for the quarter [6]. Operating Expenses and Gains - Total operating expenses for Q1 2025 were $19.8 million, a decrease from $21.3 million in Q1 2024 [7]. - The company realized a net gain on investments of $6.1 million for Q1 2025, compared to no net realized gains or losses in Q1 2024 [7][8]. Investment Portfolio - As of March 31, 2025, the investment portfolio had a fair value of $1.0 billion, consisting of $946.4 million in term loans, with 97.9% being senior secured loans [10]. - The company completed three investments in existing portfolio companies during Q1 2025, totaling $50.7 million in funded investments [8][11]. Net Asset Value - The net asset value as of March 31, 2025, was $503.3 million, or $13.48 per share, down from $529.5 million, or $13.36 per share, as of March 31, 2024 [12]. Liquidity and Capital Resources - The company had approximately $315.4 million in available liquidity as of March 31, 2025, including $18.4 million in cash and $297.0 million in borrowing capacity [14]. - The core leverage ratio was approximately 99%, compared to 108% at the end of 2024 [14]. Distributions - The board declared a regular quarterly distribution of $0.33 per share and a supplemental distribution of $0.02 per share for Q2 2025 [15]. Recent Developments - The company entered into a Master Note Purchase Agreement on April 7, 2025, issuing $107.0 million in Series 2025A Senior Notes with a fixed interest rate of 7.51% [18][19]. - A new share repurchase program was approved, allowing the company to repurchase up to $25.0 million of its outstanding common stock [23].

Core Insights - Consumer Portfolio Services, Inc. reported earnings of $4.7 million, or $0.19 per diluted share, for Q1 2025, showing a slight increase from $4.6 million in Q1 2024 [1][9] - Revenues for Q1 2025 reached $106.9 million, a 16.6% increase from $91.7 million in Q1 2024 [2][9] - The company achieved the highest amount in new loan originations for any first quarter in its history, with new contract purchases totaling $451.2 million [5][9] Financial Performance - Total operating expenses for Q1 2025 were $100.1 million, up from $85.2 million in the same period last year [2] - Pretax income for Q1 2025 was $6.8 million, compared to $6.6 million in Q1 2024 [2] - The annualized net charge-offs for Q1 2025 were 7.54% of the average portfolio, down from 7.84% in Q1 2024 [4][13] Portfolio and Receivables - As of March 31, 2025, total receivables amounted to $3.615 billion, an increase from $3.491 billion as of December 31, 2024, and $3.021 billion as of March 31, 2024 [3][12] - Delinquencies greater than 30 days were 12.35% of the total portfolio as of March 31, 2025, slightly down from 12.39% a year earlier [4][13] - The company purchased $451.2 million in new contracts during Q1 2025, compared to $346.3 million in Q1 2024 [3][12] Operational Highlights - The company focuses on providing indirect automobile financing to individuals with past credit problems or limited credit histories [7] - CPS funds contract purchases primarily through the securitization markets and services the contracts over their lives [7] - A conference call is scheduled for May 13, 2025, to discuss the Q1 2025 operating results [5][6]

- Bitcoin HODL 148.7 BTC as of April 30, 2025 valued at $14.1 million or $2.75 per share TAMPA, Fla., May 12, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended April 30, 2025. | Metric | Feb 2025 | Mar 2025 | Apr 2025 | | --- | --- | --- | --- | | - Bitcoin | | | | | - Mined, net | 7.6 | 8.7 | 6.6 ...

Core Viewpoint - Runway Growth Finance Corp. has declared a regular cash distribution of $0.33 per share and a supplemental dividend of $0.02 per share for the second quarter of 2025, reflecting its commitment to providing flexible capital solutions to late- and growth-stage companies [1][2]. Group 1: Dividend Announcement - The Board of Directors declared a second quarter 2025 regular cash distribution of $0.33 per share [1]. - A supplemental dividend of $0.02 per share was also declared for the same quarter [1]. - Key dates for the dividend include: Declaration Date on May 7, 2025, Record Date on May 19, 2025, and Payment Date on June 3, 2025 [2]. Group 2: Company Overview - Runway Growth is a specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies [3]. - The company is a closed-end investment fund regulated as a business development company under the Investment Company Act of 1940 [3]. - Runway Growth is externally managed by Runway Growth Capital LLC, led by industry veteran David Spreng [3].

Core Points - Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for May 2025, payable on June 27, 2025, to shareholders of record on May 30, 2025, with an ex-dividend date of May 30, 2025 [1] - The company intends to make regular monthly cash distributions to its common stockholders, adhering to the requirement of distributing at least 90% of its REIT taxable income annually to qualify as a real estate investment trust [2] - As of May 7, 2025, the company had 109,219,994 shares of common stock outstanding, an increase from 108,823,792 shares as of April 30, 2025 [3] RMBS Portfolio Characteristics - Orchid Island Capital focuses on investing in Agency RMBS, including traditional pass-through Agency RMBS and structured Agency RMBS [4] - The RMBS portfolio as of April 30, 2025, includes various fixed-rate mortgage-backed securities with a total face value of $6,205,247 thousand and a fair value of $6,173,059 thousand, representing 99.75% of the portfolio [6][11] - The portfolio is primarily composed of assets from Fannie Mae (61.1%) and Freddie Mac (38.9%) [11] RMBS Valuation Characteristics - The weighted average coupon rate for the RMBS portfolio is 5.40%, with a weighted average maturity of 22 months [6] - The portfolio's sensitivity to interest rate changes is modeled, indicating potential impacts on net income based on shifts in interest rates [6] Borrowings and Counterparty Exposure - As of April 30, 2025, total borrowings amounted to $5,816,599 thousand, with the average debt rate at 4.47% [14] - The company has significant exposure to various counterparties, with J.P. Morgan Securities LLC being the largest at $358,603 thousand [14]

Core Insights - Blue Owl Capital Corporation reported a solid start to 2025 with a 10.2% annualized return on equity, supported by a resilient portfolio and the recent merger with OBDE, making it the second largest externally managed publicly traded BDC by total assets, exceeding $18 billion as of March 31, 2025 [3][5][23]. Financial Highlights - The company declared a second quarter 2025 regular dividend of $0.37 per share and a supplemental dividend of $0.01 per share for the first quarter 2025 [4][7]. - For the first quarter ended March 31, 2025, net investment income per share was $0.41, down from $0.47 in the previous quarter, while adjusted net investment income per share was $0.39 [6][27]. - Total investments at fair value increased to $17.7 billion from $13.2 billion in the previous quarter, with total assets reaching $18.4 billion [6][25]. Portfolio Composition - As of March 31, 2025, the company had investments in 236 portfolio companies across 30 industries, with an average investment size of $75 million [9][23]. - The portfolio consisted of 77.5% first-lien senior secured debt investments, 5.0% second-lien senior secured debt investments, and 10.2% common equity investments [10][11]. Investment Activity - New investment commitments for the first quarter totaled $1.2 billion, with $913 million funded, compared to $1.7 billion in new commitments and $1.6 billion funded in the previous quarter [11][12]. - The company experienced a decrease in investments on non-accrual, which represented 0.8% of the portfolio at fair value, up from 0.4% in the previous quarter [7][11]. Results of Operations - Investment income increased to $464.6 million for the first quarter, up from $394.4 million in the previous quarter, primarily due to higher interest income from the merger [17][30]. - Total expenses rose to $259.6 million, driven by increased interest expense and management fees related to the merger [18][30]. Liquidity and Capital Resources - As of March 31, 2025, the company had $514.2 million in cash and restricted cash, with total debt outstanding of $10.2 billion, maintaining a balanced funding mix of 50% secured and 50% unsecured borrowings [19][28].

"Our MCM business in the U.S. continues to deliver very strong results. Empowered by the ongoing favorable supply environment, MCM portfolio purchases in the first quarter were a record $316 million, up 34% compared to the year ago quarter, at very attractive returns. MCM also delivered record collections of $454 million in the first quarter, up 23% compared to Q1 a year ago, driven by superior execution." "Our Cabot business in Europe delivered a solid first quarter. Portfolio purchases of $51 million were ...