Fidus Investment Corporation has announced its financial results for the first quarter of 2025. The company reported an increase in interest income to $30.3 million, up from $28.1 million in the same period of 2024, marking a 7.8% rise. Meanwhile, net investment income per share decreased to $0.53 from $0.57, reflecting a 7.0% decline. Adjusted net investment income also saw a slight increase to $18.5 million from $18.1 million, which is a 2.1% rise. However, adjusted net investment income per share decreased to $0.54 from $0.59, an 8.5% drop. The net increase in net assets resulting from operations was $19.7 million, down from $20.1 million, representing a 2.3% decrease. The company highlighted the monetization of two equity investments, resulting in a net realized gain of $11.5 million, contributing to an increase in net asset value $(NAV)$. Fidus emphasizes that its portfolio remains diversified and healthy, aiming to provide attractive risk-adjusted returns over time.
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