OFS Capital | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 10.55 M

Revenue: As of FY2025 Q3, the actual value is USD 10.55 M, beating the estimate of USD 9.8 M.

EPS: As of FY2025 Q3, the actual value is USD -0.4, missing the estimate of USD 0.24.

EBIT: As of FY2025 Q3, the actual value is USD -2.062 M.

Financial Results Summary

Distribution Declaration

• OFS Capital Corporation declared a fourth quarter distribution of $0.17 per common share, payable on December 31, 2025, to stockholders of record as of December 19, 2025.

Net Investment Income

• Net investment income decreased to $0.22 per common share for the quarter ended September 30, 2025, from $0.25 per common share for the quarter ended June 30, 2025.

Net Loss on Investments

• Net loss on investments was $0.58 per common share for the quarter ended September 30, 2025.

Net Asset Value

• Net asset value per common share decreased from $10.91 as of June 30, 2025, to $10.17 as of September 30, 2025.

Investment Portfolio

• As of September 30, 2025, based on fair value, 89% of the loan portfolio consisted of floating rate loans, and 100% consisted of first lien and second lien loans.

Portfolio Yield

• The investment portfolio’s weighted-average performing income yield decreased to 13.3% from 13.6% during the prior quarter.

Debt and Equity Investments

• Debt and equity investments totaled $9.6 million for the quarter ended September 30, 2025, compared to $8.8 million for the quarter ended June 30, 2025.

Structured Finance Securities

• Structured finance securities totaled $8.5 million for the quarter ended September 30, 2025, compared to $3.7 million for the quarter ended June 30, 2025.

Total Investment Purchases and Originations

• Total investment purchases and originations were $18.1 million for the quarter ended September 30, 2025, compared to $12.5 million for the quarter ended June 30, 2025.

Outstanding Debt

• As of September 30, 2025, approximately 62% of outstanding debt matures in more than two years, and 75% of outstanding debt is unsecured.

Regulatory Asset Coverage Ratio

• As of September 30, 2025, the regulatory asset coverage ratio was 157%, exceeding the minimum asset coverage requirement of 150%.

Cash and Cash Equivalents

• As of September 30, 2025, cash and cash equivalents totaled $5.0 million.

Outlook / Guidance

• OFS Capital Corporation anticipates that its results of operations, including net investment income, net asset value, and net investment gains and losses, may be affected by various factors, including market conditions and investment performance. The company acknowledges the presence of risks and uncertainties that could lead to actual results differing materially from forward-looking statements.