Fidus Investment Corp

Fidus Investment Corp

FDUS · NASDAQ · Financial Services / Asset Management

19.41USD+0.09 (+0.47%)

Price History

Full chart

Market Stats

Previous Close19.32
Open19.37
Day Range19.15 – 19.47
52-Week Range15.95 – 20.32
Volume240.60K
Market Cap761.61M
P/E (TTM)9.25
Forward P/E10.48
EPS2.07
Dividend Yield11.22%
Beta0.72
50-Day Avg19.72
200-Day Avg19.04

About

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $30 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $5 million and $30 million, but it can occasionally invest in larger or smaller companies. The fund typically invests between $5 million and $15 million in debt investment. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Edward H. Ross
  • Employees0
  • Headquarters1603 Orrington Avenue, Evanston, IL, United States, 60201, USA
  • Websitehttps://www.fdus.com

Leadership

  • Mr. Edward H. RossChairman of the Board & CEO · b. 1966
  • Mr. Thomas C. LauerPresident, MD & Director · b. 1968
  • Mr. Michael J. MillerMD & Head of Business Development
  • Mr. Robert G. Lesley Jr., C.F.A.Managing Director
  • Mr. J. Connor HoesleyManaging Director
  • Mr. Matthew CulbertsonManaging Director
  • Mr. Will Brown CPA, CPAManaging Director
  • Ms. Shelby Elizabeth Sherard CPACFO, Chief Compliance Officer & Corporate Secretary · b. 1970
  • Ms. Amanda ArmstrongAccounting Manager
  • Ms. Jody BurfeningInvestor Relations Contact

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue14.18M4.94M16.53M22.07M31.06M24.07M30.26M47.30M51.69M56.87M53.94M39.97M127.25M71.62M108.60M113.68M159.25M
Growth (%)--65.16%+234.50%+33.54%+40.72%-22.50%+25.70%+56.31%+9.28%+10.02%-5.15%-25.90%+218.36%-43.72%+51.64%+4.67%+40.09%
Cost of Revenue4.08M4.14M3.61M4.24M5.26M5.90M7.54M8.25M9.79M11.37M41.77M21.50M42.88M16.56M20.60M22.29M43.63M
Gross Profit10.10M13.84M19.77M29.61M36.53M40.22M46.72M51.98M58.83M65.06M53.94M39.97M127.25M55.05M88.00M91.39M115.62M
Gross Margin71.20%280.05%119.62%134.14%117.60%167.06%154.41%109.89%113.81%114.40%100.00%100.00%100.00%76.88%81.03%80.39%72.61%
Operating Expense3.00M4.88M8.24M13.92M16.99M16.55M19.84M24.95M24.93M16.62M4.85M7.30M8.58M7.41M8.17M9.18M-5.57M
Operating Income7.10M8.96M11.53M15.69M19.54M23.66M26.88M27.03M33.90M48.44M49.09M32.66M118.67M47.64M79.83M82.21M121.19M
Operating Margin50.03%181.30%69.77%71.08%62.91%98.30%88.84%57.14%65.58%85.17%91.01%81.72%93.26%66.53%73.50%72.32%76.11%
EBITDA10.78M13.92M20.87M26.29M57.21M27.38M45.88M52.59M59.49M63.89M49.09M32.66M116.45M65.75B79.83M82.21M120.30M
EBITDA Margin76.03%281.69%126.27%119.11%184.16%113.71%151.62%111.19%115.09%112.34%91.01%81.72%91.52%91808.59%73.50%72.32%75.54%
Net Income-1.59M5.02M15.39M19.41M27.20M19.48M25.98M41.57M43.95M49.45M48.47M31.23M116.10M35.82M77.13M78.29M82.40M
Net Income Margin-11.23%101.65%93.07%87.93%87.57%80.94%85.85%87.89%85.03%86.96%89.86%78.12%91.24%50.02%71.02%68.87%51.75%
R&D-------0.910.540.770.650.390.810.30.52--
R&D as % of Total Revenue-------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense3.69M4.96M5.49M6.42M7.08M7.51M9.43M10.59M9.89M11.29M17.07M17.41M19.16M16.56M20.60M22.29M28.84M
Interest Expense % of Total Revenue26.00%100.40%33.20%29.09%22.78%31.18%31.16%22.40%19.14%19.85%31.65%43.55%15.06%23.12%18.97%19.61%18.11%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets129.65M147.38M248.64M333.85M367.26M435.59M485.54M586.74M646.26M693.88M789.44M875.74M897.18M935.96M1.09T1.16B1.43B
Total Liabilities81.17M95.37M108.16M150.76M156.14M192.32M238.18M232.96M252.99M290.89M377.13M464.98M409.42M455.62M501.42B508.45M684.64M
Total Equity48.48M52.00M140.48M183.09M211.13M243.26M247.36M353.79M393.27M402.99M412.31M410.76M487.76M480.34M589.47B655.67M741.90M
Cash2.67M1.76M39.06M52.04M53.42M29.32M31.66M57.08M41.57M42.02M15.01M124.31M169.42M62.35M119.13B57.16M70.00M
Total Debt79.45M93.50M106.16M144.50M144.50M183.50M229.00M219.44M237.84M275.91M354.60M443.25M366.04M410.10M204.47B474.89M644.08M
Net Debt76.78M91.74M67.10M92.46M91.08M154.18M197.34M162.36M196.26M229.49M339.59M318.94M196.62M347.75M85.34B417.73M574.08M

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-48.40M-12.82M-46.04M-49.53M-2.09M-71.27M-19.47M-33.63M-28.20M8.15M-68.73M55.96M167.90M-105.54M48.41M62.37M-147.00M
Investing Cash Flow---77.97B-60.31M-17.90M-87.17M-41.69M-60.29M-51.02M-24.01M-98.57M20.78M126.05B-139.87B-77.87M-117.67M-210.16M
Financing Cash Flow49.70M11.91M83.34M62.52M3.47M47.17M21.81M59.05M12.69M-7.71M41.73M53.33M-122.79M-1.53M86.24M-6.67M169.45M
Capital Expenditure00000000000000000
Free Cash Flow-48.40M-12.82M-46.04M-49.53M-2.09M-71.27M-19.47M-33.63M-28.20M8.15M-68.73M55.96M167.90M-105.54M48.41M62.37M-147.00M
Dividends Paid-1.50M6.03M14.75M25.14M23.89M25.05M29.86M36.79M39.16M39.14M32.51M39.10M49.05M78.33M78.37M75.47M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--11.70%-13.11%-29.79%-1201.67%-33.52%-128.66%-88.80%-130.48%480.58%-56.95%58.09%23.29%-46.48%161.80%125.66%-51.34%

Earnings

Report DateAug 5, 2011Nov 3, 2011Mar 8, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Mar 7, 2013May 2, 2013Aug 1, 2013Nov 7, 2013Mar 6, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Mar 5, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Mar 3, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Mar 2, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Mar 1, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 28, 2019May 2, 2019Aug 1, 2019Oct 31, 2019Feb 27, 2020Apr 30, 2020Aug 6, 2020Oct 29, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 3, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Mar 2, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 29, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.310.320.370.400.400.380.400.390.380.380.430.400.390.380.400.470.400.410.410.400.370.370.370.380.370.360.380.360.360.360.380.370.350.360.340.320.340.350.360.370.380.360.390.410.440.490.550.590.620.570.600.570.570.520.540.530.500.480.500.500.51
EPS Actual0.530.280.360.380.360.400.400.380.380.370.430.400.400.400.420.390.370.410.440.440.380.370.390.370.400.400.310.360.360.370.450.410.340.350.340.350.370.400.440.460.420.400.490.420.430.510.510.600.620.680.650.590.570.610.540.540.570.500.520.620.50-
Surprise--9.68%12.50%2.70%-10.00%0.00%5.26%-5.00%-2.56%-2.63%13.16%-6.98%0.00%2.56%10.53%-2.50%-21.28%2.50%7.32%7.32%-5.00%0.00%5.41%0.00%5.26%8.11%-13.89%-5.26%0.00%2.78%25.00%7.89%-8.11%0.00%-5.56%2.94%15.63%17.65%25.71%27.78%13.51%5.26%36.11%7.69%4.88%15.91%4.08%9.09%5.08%9.68%14.04%-1.67%0.00%7.02%4.25%0.00%7.55%0.00%8.33%24.00%0.00%-
Timing-After-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap761.61M
Enterprise Value1.41B
Trailing P/E9.25
Forward P/E10.48
PEG Ratio3.52
Price / Sales4.47
Price / Book1.05
EPS2.07
Book Value19.46
Revenue (TTM)170.43M
Gross Profit (TTM)170.43M
Profit Margin45.36%
Operating Margin68.28%
Return on Equity10.81%
Return on Assets5.46%
Shares Outstanding39.77M
Shares Float0
Beta0.72
Dividend Yield11.22%
Dividend Rate2.14
Payout Ratio96.73%

Analyst Ratings

Buy
Based on 4 analystsTarget 21.50
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
24.92%
Insiders
0.81%
Retail / Other
74.27%

Top Institutional Holders

  • Van Eck Associates Corporation
    713.06K1.88%
  • Cetera Investment Advisers
    542.32K1.43%
  • UBS Group AG
    422.89K1.11%
  • Baird Financial Group, Inc.
    406.43K1.07%
  • Muzinich & Co Inc
    368.30K0.97%
  • Morgan Stanley - Brokerage Accounts
    294.17K0.78%
  • Legal & General Group PLC
    284.46K0.75%
  • Sumitomo Mitsui Trust Group Inc
    230.11K0.61%
  • Novare Capital Management LLC
    219.07K0.58%
  • PFG Advisors
    205.09K0.54%
  • Two Sigma Investments LLC
    194.90K0.51%
  • Franklin Templeton Inc
    152.28K0.40%
  • LPL Financial Corp
    151.75K0.40%
  • BlackRock Inc
    141.34K0.37%
  • Ethos Financial Group LLC
    131.00K0.35%
  • Plan Group Financial, LLC
    125.52K0.33%
  • Advisors Asset Management
    118.05K0.31%

Top Fund Holders

  • VanEck BDC Income ETF
    745.92K1.97%
  • Putnam BDC Income ETF
    219.72K0.58%
  • iShares Listed Private Eq ETF USD Dist
    137.25K0.36%

Dividends

20263×
0.43Sep 15, 20260.62Jun 16, 20260.52Mar 20, 2026
20254×
0.50Dec 19, 20250.57Sep 18, 20250.54Jun 13, 20250.54Mar 20, 2025
20244×
0.61Dec 17, 20240.57Sep 19, 20240.59Jun 18, 20240.65Mar 19, 2024
20234×
0.80Dec 19, 20230.72Sep 19, 20230.70Jun 20, 20230.66Mar 21, 2023
20224×
0.61Dec 1, 20220.43Sep 8, 20220.43Jun 9, 20220.53Mar 10, 2022
20214×
0.41Dec 2, 20210.42Sep 13, 20210.39Jun 11, 20210.38Mar 11, 2021
20201×
0.34Dec 3, 2020