| Name | Value |
|---|---|
| Revenues | 25.7M |
| Cost of Revenue | 9.0M |
| Gross Profit | 16.8M |
| Operating Expense | -1.1M |
| Operating I/L | 17.9M |
| Other Income/Expense | 0.0M |
| Interest Income | 21.5M |
| Pretax | 17.9M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 17.9M |
Gladstone Investment Corporation is a private equity fund specializing in lower middle market acquisitions, buyouts, and refinancing existing debt. They focus on investing in small and mid-sized companies in the manufacturing, consumer products, and business services/distribution sectors in the United States. The fund makes debt investments between $5 million and $30 million and equity investments between $10 million and $40 million, targeting companies with sales between $20 million and $100 million and EBITDA from $3 million to $20 million. They seek minority equity ownership, prefer holding a board seat, and typically exit investments after seven years through sale, recapitalization, or initial public offering.