The following is a summary of the Oxford Lane Capital Corporation (OXLC) Q1 2025 Earnings Call Transcript:
Financial Performance:
Oxford Lane reported a net asset value per share of $4.91, a slight increase from $4.90 the previous quarter.
GAAP total investment income for the quarter was $89.8 million, up approximately $7.1 million quarter-over-quarter.
GAAP net investment income was $56 million, or $0.22 per share.Core net investment income was $107.2 million, or $0.41 per share, an increase from $79.9 million, or $0.35 per share, in the previous quarter.
Business Progress:
The company issued approximately 45.9 million shares of common stock, resulting in net proceeds of approximately $242.1 million.
Oxford Lane made additional CLO investments of approximately $216.9 million and received about $96.3 million from sales and repayments.
Oxford Lane declared monthly stock distributions of $0.09 per share for the upcoming months.
More details: Oxford Lane Capital Corp IR
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