$Runway Growth Finance (RWAY.US)$Very similar to SIVB, it is...
$Runway Growth Finance (RWAY.US)$Very similar to SIVB, it is a company that provides loans to innovative enterprises, just went public in 2021.
Revenue has grown rapidly in the past 3 years, mainly driven by interest income, while net income has dropped significantly in the past two years.
The balance sheet shows that assets are mainly in investments, while liabilities are mainly in long-term borrowings of 0.55 billion, accounting for 95.5% of net assets, without liquidity risk or risk of going to zero.
The current pe is 14.4, pb is 0.8, which may be a good time to take some speculative positions and test the waters.
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