Name | Value |
---|---|
Revenues | 24.6M |
Cost of Revenue | 3.0M |
Gross Profit | 21.6M |
Operating Expense | 1.2M |
Operating I/L | 20.4M |
Other Income/Expense | 2.6M |
Interest Income | 23.0M |
Pretax | 20.0M |
Income Tax Expense | 17.0M |
Net Income/Loss | 20.0M |
Gladstone Capital Corporation is a business development company specializing in providing growth capital, add-on acquisitions, debt refinancing, and equity investments to lower middle market companies in the United States. It targets small and medium-sized companies across various industries, including business services, manufacturing, consumer products, energy services, healthcare, education, specialty chemicals, media, communications, and aerospace and defense. The company typically invests between $7 million and $30 million in businesses with sales ranging from $20 million to $150 million and EBITDA between $3 million and $25 million. Gladstone Capital Corporation prefers to acquire minority stakes and aims to exit investments through strategic acquisitions, IPOs, or other capital market transactions.