Name | Value |
---|---|
Revenues | 28.2M |
Cost of Revenue | 7.7M |
Gross Profit | 20.5M |
Operating Expense | 0.8M |
Operating I/L | 27.3M |
Other Income/Expense | -10.5M |
Interest Income | 29.9M |
Pretax | 16.9M |
Income Tax Expense | 0.8M |
Net Income/Loss | 16.1M |
PennantPark Investment Corporation is a private equity fund specializing in direct and mezzanine investments in middle market companies. The fund invests in mezzanine debt, senior secured loans, and equity investments across various industries such as real estate, technology, healthcare, financial services, manufacturing, and retail. It focuses on equity securities and debt transactions, including preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, and mezzanine loans. PennantPark seeks to invest between $10 million and $100 million in its portfolio companies, targeting those with EBITDA between $10 to $50 million. Additionally, the fund may make non-control equity and debt investments.