Overview

* Fidus Q2 2025 total investment income rises 12.1% to $40.0 mln

* Adjusted net investment income at $20.0 mln, or $0.57 per share

* Company invested $94.5 mln in new debt and equity securities

Outlook

* Fidus sees ample liquidity to build portfolio

* Company aims to maintain attractive risk-adjusted returns

Result Drivers

* INTEREST INCOME - Increase in average debt investment balances led to higher interest income, contributing to total investment income growth

* FEE INCOME - Significant rise in fee income driven by increased prepayment and origination fees

* DIVIDEND INCOME - Growth in dividend income attributed to higher distributions from equity investments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Net $692.30

Asset mln

Value

Q2 Net $19.57

Asset

Value

Per

Share

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the closed end funds peer group is "hold."

* Wall Street's median 12-month price target for Fidus Investment Corp ( FDUS ) is $22.00, about 5.7% above its August 6 closing price of $20.75

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)