Oxford Square Capital (US:OXSQ)2025-04-25 18:33Financial Performance - Net investment income per share was $009 in Q1 2025, consistent with Q4 2024[7] - Distributions declared and paid remained steady at $0105 per share across all quarters presented[7] - Net asset value decreased to $209 per share in Q1 2025 from $230 in Q4 2024[7] - The company experienced a net decrease in net assets resulting from operations of $(012) per share in Q1 2025[7] Portfolio Composition and Activity - Total fair value of investments was $2432 million in Q1 2025, down from $2609 million in Q4 2024[7] - The number of portfolio investments decreased to 58 in Q1 2025 from 62 in Q4 2024[7] - New investments totaled $160 million in Q1 2025, while sales and repayments amounted to $195 million, resulting in net investment activity of $(34) million[9] - First-lien secured debt constituted 49% of total investments in Q1 2025, while CLO equity represented 38%[9] Debt and Leverage - Principal amount of debt outstanding remained constant at $1253 million across all quarters presented[7] - Debt to equity ratio was 084x in Q1 2025, compared to 078x in Q4 2024[7] Non-Accrual Investments - Total non-accrual investments at current cost were $161 million in Q1 2025, a decrease from $185 million in Q4 2024[27]