Runway Growth Finance Corp.

NASDAQ•RWAY

CEO: Mr. David R. Spreng

Sector: Financial Services

Industry: Financial - Credit Services

Listing Date: 2021-10-21

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

Contact Information

2061 Avy Avenue, 2nd Floor, Menlo Park, CA, 94025, United States

650-645-9751

investors.runwaygrowth.com

Market Cap

$254.02M

P/E (TTM)

7.6

19.4

Dividend Yield

24.6%

52W High

$11.41

52W Low

$6.61

52W Range

Rank34Top 27.8%

4.7

F-Score

Modified Piotroski Analysis

Based on 9-year fundamentals

Average • 4.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2017-2025

Financial Dashboard

Q4 2025 Data

Revenue

$29.66M+0.00%

4-Quarter Trend

EPS

$0.20+0.00%

4-Quarter Trend

FCF

$30.12M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Debt Portfolio Yield Strong Debt portfolio fair value $927.4M USD; dollar-weighted annualized yield remained strong at 14.64% for 2025.

Net Investment Income Decline Net investment income decreased to $56.9M USD in 2025 from $63.8M USD in 2024 due to lower rates.

Share Count Reduction Activity Repurchased 1.21M shares for $12.5M USD in 2025, reducing total outstanding common stock count.

Realized Gain Reversal Achieved net realized gain of $2.8M USD in 2025, reversing the $2.9M net realized loss from 2024.

Risk Factors

NAV and Portfolio Contraction Net asset value declined to $485.0M USD; total investment portfolio fair value decreased significantly year-end.

Unrealized Loss Impact Experienced net change in unrealized loss of $25.7M USD in 2025, contrasting prior year $12.8M gain.

Reliance on Fair Value Portfolio recorded at fair value determined by Board; inherent uncertainty exists regarding actual realizable asset values.

Competitive Market Pressures Operate in highly competitive market; inability to match competitor pricing may adversely affect investment yields and terms.

Outlook

Growth Lending Strategy Focus Continue pursuing investment strategy focused on Sponsored and Non-Sponsored Growth Lending opportunities across key sectors.

Leverage BC Partners Platform Access to BC Partners Credit Platform provides synergistic deal flow and enhanced sourcing capabilities for new investments.

Emerging Growth Company Status Expect to remain an Emerging Growth Company until December 31, 2026, utilizing reduced public company reporting requirements.

Co-Investment Exemptive Order Applied for new co-investment exemptive order from SEC to enhance diversification and investment opportunities.

Peer Comparison

Revenue (TTM)

ATLC

$1.19B

+159.2%

YRD

$864.82M

+10.8%

$645.57M

+9.7%

Gross Margin (Latest Quarter)

DHIL

246.7%

+13.8pp

RWAY

246.2%

-18.1pp

ATLC

221.0%

-3.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ATLC	$815.22M	6.7	20.6%	85.8%
DHIL	$466.43M	9.6	28.0%	2457.0%
MSBI	$457.97M	-3.7	-21.7%	6.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

29.3%

Strong Growth

4Q Net Income CAGR

58.0%

Profitability Improved

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:May 11, 2026

EPS:$0.32

Revenue:$29.64M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data