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Runway Growth Finance Corp. (NASDAQ:RWAY ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Quinlan Abel - Assistant VP, IR David Spreng - CEO Greg Greifeld - CIO, Runway Growth Capital Tom Raterman - CFO and COO Conference Call Participants Erik Zwick - Lucid Capital Markets Melissa Wedel - JPMorgan Mickey Schleien - Ladenburg Douglas Harter - UBS Operator Ladies and gentlemen, thank you for standing by and welcome to the Runway Growth Finance First Quarter 2025 Earnings Conference Call. Please be advised that today's conference is being recorded.

Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.46 per share a year ago.

Delivered Total and Net Investment Income of $35.4 million and $15.6 million, Respectively Investment Portfolio of $1.0 billion Conference Call Today, Monday, May 12, 2025 at 5:00 p.m. ET MENLO PARK, Calif.

Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential.

MENLO PARK, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2025 regular cash distribution of $0.33 per share. In addition, the Board of Directors declared a supplemental dividend of $0.02 per share, for the second quarter of 2025.

In her new role, Khubani will spearhead enhancing portfolio monitoring, optimizing investment decisions, and strengthening risk management strategies. MENLO PARK, Calif.

MENLO PARK, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it has rescheduled its previously announced release of first quarter 2025 financial results to after market close on Monday, May 12, 2025. Runway Growth will now host a conference call and simultaneous webcast to discuss its first quarter 2025 financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Runway Growth Finance's price has fallen over 28% in the past year, with a current dividend yield of 16% despite a recent cut. The portfolio focuses on technology debt investments, with 88% in senior secured first lien investments to mitigate risk. Improved credit quality, reduced non-accruals, and decreased PIK interest indicate better portfolio health, justifying a hold rating.

Completed Three Investments in Existing Portfolio Companies Representing $50.7 Million in Funded Loans Completed Three Investments in Existing Portfolio Companies Representing $50.7 Million in Funded Loans

Runway Growth Finance offers an attractive yield, with a solid credit score, making it a compelling low-duration investment pick. Runway Growth Finance's portfolio is well diversified, primarily in application software, and has a total asset value of approximately $1.08 billion. Despite a high expense ratio and some debt structure issues, RWAY maintains strong profitability and asset quality metrics.