Name | Value |
---|---|
Revenues | 7.0M |
Cost of Revenue | 4.3M |
Gross Profit | 2.7M |
Operating Expense | 1.6M |
Operating I/L | 5.4M |
Other Income/Expense | -5.8M |
Interest Income | 20.0M |
Pretax | 5.4M |
Income Tax Expense | 0.0M |
Net Income/Loss | 5.4M |
BlackRock Capital Investment Corporation is a Business Development Company specializing in investments in middle market companies across all industries. The fund typically invests between $10 million and $50 million in companies with EBITDA or operating cash flow in the same range. Its investments include senior and junior secured, unsecured, and subordinated debt securities, loans, and equity securities. The fund's debt investments are structured to provide current cash interest and non-cash interest, particularly with subordinated debt investments, through a pay-in-kind (PIK) feature. Additionally, it can make non-control investments, generating revenue through interest payments, dividends, and potential capital gains.