GlobeNewswire·Nov 6, 2025, 4:05 PM ET

Runway Growth Finance Corp. Reports Third Quarter 2025 Financial Results

RWAY

Runway Growth Finance Corp. reported third quarter 2025 total investment income of $36.7 million & net investment income of $15.7 million ($0.43 per share).
The company announced a fourth quarter 2025 dividend of $0.33 per share payable on December 3, 2025.
Net asset value per share was $13.55, representing a total net asset value of $489.5 million as of September 30, 2025.
Investment portfolio fair value totaled $0.9 billion across 54 companies, comprising $878.8 million in loans (97.6% senior secured) & $67.2 million in equity-related investments.
Dollar-weighted annualized yield on debt investments was 16.8% for the quarter.
The company completed 11 investments totaling $128.3 million in funded investments, including $53.7 million in net funded investments after refinances & fees.
Operating expenses for the quarter were $21.0 million, resulting in a net increase in net assets from operations of $8.0 million ($0.22 per share).
The company incurred a net realized loss of $1.3 million & a net change in unrealized loss of $6.4 million during the quarter.
Runway Growth repurchased 397,983 shares during the quarter for an aggregate price of $4.4 million.
Liquidity stood at approximately $371.9 million, including $7.9 million in unrestricted cash & $364.0 million in available borrowing capacity.
Core leverage ratio was approximately 92% at quarter end, down from 105% in the prior quarter.
The company entered a merger agreement on October 9, 2025, to acquire SWK Holdings Corporation to expand healthcare & life sciences exposure.
Post-quarter activity included $12.0 million in additional debt commitments, $1.2 million in funded unfunded commitments, & $0.9 million in debt prepayments.
A key stockholder owning 69.9% of SWK Common Stock agreed to vote in favor of the merger & refrain from soliciting proxies or opposing the transaction.