Name | Value |
---|---|
Revenues | 1.5M |
Cost of Revenue | 0.0M |
Gross Profit | 1.5M |
Operating Expense | 22.4M |
Operating I/L | -2.0M |
Other Income/Expense | -20.1M |
Interest Income | 1.2M |
Pretax | -22.1M |
Income Tax Expense | 0.0M |
Net Income/Loss | -22.1M |
SuRo Capital Corp. is a business development company that focuses on investing in growing, late stage, venture capital-backed private companies. By providing capital to these companies, SuRo Capital Corp. aims to support their expansion and growth in exchange for potential equity or ownership stakes. This allows the company to generate returns through the success and eventual exit of its portfolio companies, such as through IPOs or acquisitions. SuRo Capital Corp.'s investment strategy revolves around identifying promising businesses and providing them with the necessary resources to thrive in the market.