Gladstone Investment Corporation Financial Performance for Q4 and Fiscal Year 2025

Gladstone Investment Corporation (Nasdaq: GAIN) has released its financial results for the fourth quarter and fiscal year ended March 31, 2025. The company reported a total investment income of $27.5 million for the quarter, marking an increase of 28.9% compared to the prior quarter.

However, net investment income per share showed substantial growth from $0.03 to $0.20. Despite a net realized gain of $20.9 million, the net unrealized appreciation witnessed a decline, leading to a 53.6% drop in the net increase in net assets from operations for the quarter. The company declared a cash distribution per common share from cumulative net realized gains of $0.24, reflecting a 200% rise. For the fiscal year, total investment income grew by 7.3%, and net investment income surged by 29% to $28.1 million, even though net unrealized appreciation decreased significantly.