RAND - Earnings announcements

Total investment income was $1.2 million compared with $2.0 million in the prior-year period, primarily reflecting lower interest and fee income and the impact of non-accruals Net asset value (NAV) per share was $17.16 at March 31, 2026 Realized gain of $1.1 million during the quarter from portfolio exit Deployed $5.1 million into new and follow-on investments during the quarter Declared quarterly dividend of $0.29 per share for second quarter 2026 Board of Directors renewed $1.5 million share repurchase program Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its first quarter fiscal year 2026 financial results before the opening of financial markets on Wednesday, May 6, 2026. The Company will also host a conference call and webcast to review its results that day. First Quarter Fiscal Year 2026 Conference Call Wednesday, May 6, 2026 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Wednesday, May 20, 2026. To listen to the archived ca

Ended the year with more than $23 million in total liquidity and no debt outstanding, providing substantial balance sheet flexibility for future investments Total investment income was $1.3 million for the fourth quarter and $6.5 million for full year 2025, reflecting the impact of portfolio repayments and pace of deal origination Net asset value (NAV) per share was $17.57 at December 31, 2025 Received $17.8 million from loan repayments and select equity realizations while deploying $6.6 million into new and follow-on investments during 2025 Debt investments represented 79% of the portfolio at year-end, up from 75% at year-end 2024, reflecting continued emphasis on income-gener

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its fourth quarter and full year 2025 financial results before the opening of financial markets on Thursday, March 5, 2026. The Company will also host a conference call and webcast to review its results that day. Fourth Quarter and Full Year 2025 Conference Call Thursday, March 5, 2026 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Thursday, March 19, 2026. To listen to the arch

Total investment income was $1.6 million, a decrease from the prior-year period, primarily due to portfolio repayments and a slowdown in deal originations Net investment income was $993,000, or $0.33 per share, compared with $887,000, or $0.34 per share, in third quarter of 2024 Received $8.3 million in loan repayments and funded $2.9 million in new and follow-on investments during the third quarter Ended the quarter with nearly $28 million in total liquidity and no debt outstanding Paid a quarterly dividend of $0.29 per share for the third quarter of 2025 Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financ

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its third quarter 2025 financial results before the opening of financial markets on Friday, November 7, 2025. The Company will also host a conference call and webcast to review its results that day. Third Quarter 2025 Conference Call Friday, November 7, 2025 10:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 2:00 p.m. ET on the day of the call through Friday, November 21, 2025. To listen to the archived call, dial (412) 317-

Total investment income was $1.6 million, a 25% decrease from the prior-year period, primarily due to portfolio repayments and market slowdown in deal originations Net investment income rose to $2.5 million, or $0.83 per share, largely driven by a non-cash capital gains incentive fee adjustment related to a portfolio valuation change Ended the quarter with approximately $25 million in total liquidity and no debt outstanding Declared quarterly dividend of $0.29 per share for the third quarter of 2025 Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced its res

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its second quarter 2025 financial results before the opening of financial markets on Monday, August 4, 2025. The Company will also host a conference call and webcast to review its results that day. Second Quarter 2025 Conference Call Monday, August 4, 2025 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, August 18, 2025. To listen to the archived call, dial (412) 317-6671

Total investment income was $2.0 million, a 3% decrease from the prior-year period, primarily due to the repayment of three debt instruments, partially offset by higher fee income Total expenses declined 36% year-over-year, reflecting lower interest expense from reduced debt levels and a capital gains incentive fee adjustment Net investment income grew 45% to $1.2 million, or $0.42 per share Net asset value per share ("NAV") was $21.99 compared with $25.31 at year-end 2024; reflecting the issuance of additional shares as part of the 2024 fourth quarter dividend Repaid revolver debt during the quarter; ended the first quarter of 2025 with over $22 million in available credit capacit

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its first quarter 2025 financial results before the opening of financial markets on Monday, May 5, 2025. The Company will also host a conference call and webcast to review its results that day. First Quarter 2025 Conference Call Monday, May 5, 2025 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, May 19, 2025. To listen to the archived call, dial (412) 317-6671 and enter rep

Total investment income rose 11% to $2.1 million for the fourth quarter and was up 17% to $8.6 million for full year 2024, driven by growth in interest income from an expanded debt investment portfolio Debt investments now represent 75% of Rand's portfolio, up from 64% at the end of 2023, contributing to improved yields and net interest income Net asset value per share ("NAV") grew 7% year-over-year to $25.31 Outstanding bank debt reduced by $15.7 million year-over-year, with over $24 million in remaining availability at December 31, 2024 Rand raised its regular quarterly cash dividend by 16% in 2024 while increasing total dividends to $5.03 per share, including the stock and cash

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its fourth quarter and full year 2024 financial results before the opening of financial markets on Monday, March 10, 2025. The Company will also host a conference call and webcast to review its results that day. Fourth Quarter and Full Year 2024 Conference Call Monday, March 10, 2025 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, March 24, 2025. To listen to the archived

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its third quarter 2024 financial results before the opening of financial markets on Wednesday, November 6, 2024. The Company will also host a conference call and webcast to review its results that day. Third Quarter 2024 Conference Call Wednesday, November 6, 2024 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Wednesday, November 20, 2024. To listen to the archived call, dial (412)

Total investment income increased 18% to $2.1 million for the quarter compared with the second quarter last year driven by strong growth in interest income from an expanded portfolio of debt investments Net asset value per share ("NAV") was $26.56 at June 30, 2024, up 11% from March 31, 2024 and up 13% from year-end 2023 Capitalized on market conditions with the sale of certain BDC holdings that resulted in a realized gain of $1.3 million Reduced debt balance $2.0 million during the quarter and repaid an additional $2.3 million subsequent to quarter-end Portfolio company SciAps expected to be acquired in 2024 after definitive purchase agreement signed Announced a quarterly d

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it plans to release its second quarter 2024 financial results before the opening of financial markets on Tuesday, August 6, 2024. The Company will also host a conference call and webcast to review its results that day. Second Quarter 2024 Conference Call Tuesday, August 6, 2024 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: ir.randcapital.com A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Tuesday, August 20, 2024. To listen to the archived call, dial (412) 317-6671

Strategy focused on expanding portfolio composition with new debt investments drives total investment income growth of 12% to $2.1 million for the first quarter of 2024 Investment portfolio comprised of 70% interest yielding debt instruments at quarter-end compared with 64% at the end of 2023, improving portfolio yield and net interest income Net asset value per share ("NAV") was $23.85 at March 31, 2024, up 1% from year-end 2023 Sold remaining ACV Auctions stock, netting a realized gain of $3.5 million Invested $10.8 million in new and follow on investments during the first quarter Increased regular quarterly dividend 16% to $0.29 per share for second quarter 2024 Rand C

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its first quarter 2024 financial results before the opening of financial markets on Monday, May 13, 2024. The Company will also host a conference call and webcast to review its results that day. First Quarter 2024 Conference Call Monday, May 13, 2024 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, May 27, 2024. To listen to the archived call, dial (412) 317-6671 and

Portfolio expansion centered on debt investments drives total investment income growth of 11% to $1.9 million for the fourth quarter and 27% to $7.3 million for full year 2023 Rand's portfolio was comprised of 64% interest yielding debt instruments at year-end compared with 56% at the end of 2022, which improved the portfolio yield and net interest income Paid total dividends of $1.33 per share in 2023, up 60% from 2022 Net asset value per share ("NAV") was $23.56 at December 31, 2023, up 5% from year-end 2022 $2.3 million in follow on investments during the fourth quarter; Full year 2023 investments totaled $20.3 million Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its fourth quarter and full year 2023 financial results before the opening of financial markets on Tuesday, March 5, 2024. The Company will also host a conference call and webcast to review its results that day. Fourth Quarter and Full Year 2023 Conference Call Tuesday, March 5, 2024 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Tuesday, March 19, 2024. To listen to the arch

Total investment income increased 12% to $1.7 million for the quarter compared with the third quarter last year driven by strong growth in interest income Net asset value per share ("NAV") was $23.77 at September 30, 2023, up 6% from year-end 2022 Invested $7.8 million in new investments during the quarter Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced its results for the third quarter ended September 30, 2023. Daniel P. Penberthy, President and Chief Executive Officer of Rand, commented, "We delivered another quarter of strong performance. Our results h

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its third quarter 2023 financial results before the opening of financial markets on Monday, November 6, 2023. The Company will also host a conference call and webcast to review its results that day. Third Quarter 2023 Conference Call Monday, November 6, 2023 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 5:30 p.m. ET on the day of the call through Monday, November 20, 2023. To listen to the archived call, dial (412)

Total investment income increased 34% to $1.8 million for the quarter compared with the second quarter last year driven by strong growth in interest and fee income Net asset value per share ("NAV") was $23.79 at June 30, 2023, up 3% from March 31, 2023 and up 6% from year-end 2022 Invested $4.7 million in new and follow on investments during the quarter Received $6.8 million in proceeds from single portfolio company investment sale, which included a gain of $2.5 million Announced a quarterly dividend of $0.25 per share for third quarter 2023 Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lo

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its second quarter 2023 financial results before the opening of financial markets on Friday, August 4, 2023. The Company will also host a conference call and webcast to review its results that day. Second Quarter 2023 Conference Call Friday, August 4, 2023 11:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 3:00 p.m. ET on the day of the call through Friday, August 18, 2023. To listen to the archived call, dial (412) 317

Total investment income increased 65% to $1.85 million for the quarter compared with the first quarter last year driven by strong growth in interest, dividend and fee income First quarter net investment income per share was $0.28 compared with $0.30 in the prior-year first quarter; Non-GAAP adjusted net investment income per share increased 86% to $0.39 compared with $0.21 in the first quarter of 2022 Net asset value per share ("NAV") increased 3% to $23.00 at March 31, 2023 from $22.36 at December 31, 2022 Invested $5.6 million in new and follow on investments during the first quarter 2023 while receiving $0.5 million from portfolio investment sales and payments Increased regu

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its first quarter 2023 financial results before the opening of financial markets on Tuesday, May 9, 2023. The Company will also host a conference call and webcast to review its results that day. First Quarter 2023 Conference Call Tuesday, May 9, 2023 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 5:00 p.m. ET on the day of the call through Tuesday, May 16, 2023. To listen to the archived call, dial (412) 317-6671 and

Advanced portfolio transformation: Total investment income increased 40% to $1.7 million in the fourth quarter; Full year 2022 grew 41% to $5.8 million Fourth quarter net investment income per share increased to $0.48 from $0.12 in the prior-year period; Adjusted net investment income per share for the quarter increased $0.25 to $0.41 Full year 2022 net investment income per share was $1.72 compared with a net investment loss per share of $1.01 in 2021 2022 non-GAAP adjusted net investment income per share more than doubled to $1.31 from $0.62 per share in 2021 Net asset value per share ("NAV") was $22.36 at year-end, compared with $22.62 at September 30, 2022 and $23.54 at Decembe

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its fourth quarter and full year 2022 financial results before the opening of financial markets on Friday, March 10, 2023. The Company will also host a conference call and webcast to review its results that day. Fourth Quarter and Full Year 2022 Conference Call Friday, March 10, 2023 11:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 3:00 p.m. ET on the day of the call through Friday, March 17, 2023. To listen to the archi

Expanded debt portfolio and portfolio dividends drove total investment income to $1.6 million in the third quarter, up 54% over prior-year period Net investment income per share increased to $0.39 compared with $0.02 in the prior-year period; Adjusted net investment income per share doubled to $0.40 Net asset value per share ("NAV") was $22.62 at September 30, 2022, up 1% from June 30, 2022 largely due to changes in market value of portfolio holdings and investment income Completed portfolio company follow-on equity investment of $400,000 in the quarter Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing f

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its third quarter 2022 financial results before the opening of financial markets on Monday, November 7, 2022. The Company will also host a conference call and webcast to review its results that day. Third Quarter 2022 Conference Call Monday, November 7, 2022 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Monday, November 14, 2022. To listen to the archived call, dial (412) 317-

Portfolio expansion focused on income producing assets drove 67% total investment income growth to $1.4 million for the quarter Net asset value per share ("NAV") was $22.34 at June 30, 2022, which reflected a decline in market value of portfolio holdings in publicly traded securities Follow-on debt investment of $2.2 million to support portfolio company growth Announced a quarterly dividend of $0.15 per share for third quarter 2022 Secured new $25 million senior secured revolving credit facility to support future portfolio investments Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle m

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its second quarter 2022 financial results before the opening of financial markets on Monday, August 8, 2022. The Company will also host a conference call and webcast to review its results that day. Second Quarter 2022 Conference Call Monday, August 8, 2022 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Monday, August 15, 2022. To listen to the archived call, dial (412) 317-6671

Improved mix of interest yielding debt instruments drove 11% total investment income growth to $1.1 million for the quarter compared with the prior-year period Net asset value per share ("NAV") of $23.23 at March 31, 2022, declined 1% from December 31, 2021 primarily due to changes in market value of portfolio holdings in publicly traded securities Total follow-on investments of $542,000 to support portfolio companies' growth Announced regular quarterly dividend of $0.15 per share for second quarter 2022 Board of Directors renews $1.5 million share repurchase program Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alterna

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its first quarter 2022 financial results before the opening of financial markets on Monday, May 9, 2022. The Company will also host a conference call and webcast to review its results that day. First Quarter 2022 Conference Call Monday, May 9, 2022 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Monday, May 16, 2022. To listen to the archived call, dial (412) 317-6671 and enter

Strengthened debt portfolio, transaction fees and portfolio dividends drove total investment income of $4.1 million in 2021, up 31% over 2020; Fourth quarter total investment income grew 17% to $1.2 million Net asset value per share ("NAV") was $23.54 at year-end, up 1% from September 30, 2021 and up 32% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $4.6 million and for the year totaled $19.7 million Rand repaid $11 million of SBA obligations during the fourth quarter Declared total dividends of $0.44 per share in 2021 Announced regular quarterly dividend of $0.15 per share for first quarter 2022, up 50% compared with quarterly dividend

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing for lower middle market companies, announced that it will release its fourth quarter 2021 financial results before the opening of financial markets on Tuesday, March 8, 2022. The Company will host a conference call and webcast to review its results. Fourth Quarter 2021 Conference Call Friday, March 11, 2022 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ir-calendar A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Friday, March 18, 2022. To listen to the archived call, dial (412) 317-6671 and

Continuing strategic shift to income producing portfolio drives total investment income of $1.0 million in the quarter, up 37% over the prior-year period Net asset value per share ("NAV") increased 4% to $23.31 per share from $22.51 per share at June 30, 2021; NAV increased 31% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $3.8 million in a new portfolio company Exits and loan repayments totaled $3.8 million in the quarter 1,148 shares repurchased in the third quarter Subsequent to quarter-end, Rand paid off $11 million of SBA obligations Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company, announced that it will release its third quarter 2021 financial results before the opening of financial markets on Friday, November 5, 2021. The Company will host a conference call and webcast that same day to review its results and discuss its corporate strategies. A question-and-answer session will follow. Third Quarter 2021 Conference Call Friday, November 5, 2021 12:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ir-calendar A telephonic replay will be available from 3:30 p.m. ET on the day of the call through Friday, November 12, 2021. To listen to the ar

Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company, announced that it will release its second quarter 2021 financial results before the opening of financial markets on Monday, August 9, 2021. The Company will host a conference call and webcast that same day to review its results and discuss its corporate strategies. A question-and-answer session will follow. Second Quarter 2021 Conference Call Monday, August 9, 2021 1:30 p.m. Eastern Time Phone: (201) 689-8263 Webcast: https://ir.randcapital.com/ir-calendar A telephonic replay will be available from 4:30 p.m. ET on the day of the call through Monday, August 16, 2021. To listen to the archive