Name | Value |
---|---|
Revenues | 5,290.0K |
Cost of Revenue | 1,094.0K |
Gross Profit | 4,196.0K |
Operating Expense | 280.0K |
Operating I/L | 3,916.0K |
Other Income/Expense | -1,103.0K |
Interest Income | 4,986.0K |
Pretax | 1,851.0K |
Income Tax Expense | 2,954.0K |
Net Income/Loss | 1,851.0K |
Logan Ridge Finance Corporation, formerly known as Capitala Finance Corp., is a Business Development Company specializing in providing various types of debt and equity financing to lower middle market and middle market companies in the United States. The company focuses on industries such as aerospace, defense, business services, education, food and beverage, industrial & environmental services, logistics, distribution, media, telecommunication, manufacturing, consumer goods, and healthcare. They make money by investing between $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million, and by making minority equity co-investments alongside management or financial sponsors.