Fidus Investment Corporation
NASDAQ•FDUS
CEO: Mr. Edward H. Ross
Sector: Financial Services
Industry: Asset Management
Listing Date: 2011-06-21
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Contact Information
Market Cap
$654.97M
P/E (TTM)
9.0
0
Dividend Yield
12.0%
52W High
$23.48
52W Low
$16.70
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$33.03M+0.00%
4-Quarter Trend
EPS
$0.29+0.00%
4-Quarter Trend
FCF
-$185.98M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Portfolio Fair Value Increased Total investment portfolio fair value reached $1.32B, showing growth from $1.09B reported at end of 2024.
Investment Income Increased Total investment income reached $155.9M, marking a 6.6% increase compared to $146.1M earned in 2024.
Net Asset Value Rises Net asset value per share finished at $19.55, slightly increasing from $19.33 reported at December 31, 2024.
IT Services Sector Focus Information Technology Services concentration increased to 35.7% of fair value portfolio, up from 34.0% last year.
Risk Factors
Economic Downturn Risks Ongoing economic uncertainty and capital market disruption may negatively impact portfolio companies' ability to service debt.
Advisor Dependency Creates Risk Business success heavily depends on investment advisor expertise; loss of key personnel could significantly harm investment objective.
Non-Accrual Investment Exposure Debt investments in two portfolio companies are on non-accrual status totaling $1.7M fair value as of year-end 2025.
Leverage Magnifies Volatility Leverage use magnifies potential loss on equity capital; interest rate volatility adversely affects results and borrowing costs.
Outlook
Utilizing Lower Cost Capital Expect continued investment through SBIC Funds leveraging SBA debentures until borrowing limits are reached for lower cost capital.
Post-Year End Investment Activity January 2026 saw $7.0M investment; February 2026 included issuing $30.0M in additional SBA debentures.
Maintaining RIC Tax Status Must satisfy 90% income test and asset diversification rules annually to maintain RIC status and avoid corporate taxation.
Peer Comparison
Revenue (TTM)
$239.20M
$197.79M
$197.03M
Gross Margin (Latest Quarter)
156.7%
106.8%
106.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| BCSF | $834.86M | 8.4 | 0.0% | 0.1% |
| CGBD | $813.60M | 11.6 | 5.9% | 54.9% |
| SLRC | $804.14M | 8.7 | 9.3% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.0%
Moderate Growth
4Q Net Income CAGR
-20.8%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Mar 5, 2026
EPS:$0.48
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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