Name | Value |
---|---|
Revenues | 13.9M |
Cost of Revenue | 4.0M |
Gross Profit | 9.9M |
Operating Expense | 1.1M |
Operating I/L | 12.8M |
Other Income/Expense | -5.6M |
Interest Income | 13.9M |
Pretax | 7.2M |
Income Tax Expense | -0.3M |
Net Income/Loss | 7.4M |
Portman Ridge Finance Corporation is a business development company specializing in investments in various financial instruments and acquisitions in complementary businesses. It primarily invests in a wide range of sectors including healthcare, manufacturing, real estate, and consumer products. The company typically invests $1 million to $20 million in its portfolio companies, providing senior secured term loans, second lien term loans, senior unsecured loans, mezzanine loans, and equity investments. Portman Ridge Finance Corporation targets companies with EBITDA between $5 million and $25 million, investing in minority, majority, or control equity positions alongside private equity sponsor partners.