Runway Growth Finance Corp

RWAY · NASDAQ · Financial Services / Asset Management

6.70USD+0.04 (+0.60%)

Price History

Full chart

Market Stats

Previous Close6.66

Open6.70

Day Range6.59 – 6.71

52-Week Range4.94 – 8.64

Volume412.56K

Market Cap284.15M

P/E (TTM)28.25

Forward P/E5.13

EPS0.24

Dividend Yield19.47%

Beta0.63

50-Day Avg6.32

200-Day Avg7.12

About

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMs. Carmela Thomson
Employees0
Headquarters2061 Avy Avenue, Menlo Park, CA, United States, 94025, USA
Websitehttps://investors.runwaygrowth.com

Leadership

Ms. Carmela ThomsonCFO, Treasurer & Corporate Secretary
Ms. Colleen CorwellChief Compliance Officer · b. 1969
Mr. Thomas B. RatermanVice Chairman
Mr. Ted CavanManaging Director of Technology
Mr. Ryan McCarthyManaging Director
Ms. Avisha Khubani C.F.A.Chief Credit Officer
Mr. John David TamasManaging Director of Healthcare & Life Sciences Investing

Financials

Income Statement

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	3.19B	14.05M	31.69M	51.38M	51.71M	55.14M	94.52M	124.22M	140.16M
Growth (%)	-	-	-99.56%	+125.55%	+62.13%	+0.64%	+6.63%	+71.41%	+31.42%	+12.84%
Cost of Revenue	-	-	6.43M	13.94M	14.61M	19.81M	13.76M	38.64M	38.33M	30.18M
Gross Profit	-	3.19B	14.05M	31.69M	51.38M	51.71M	41.38M	55.88M	85.89M	109.99M
Gross Margin	-	100.00%	100.00%	100.00%	100.00%	100.00%	75.05%	59.12%	69.15%	78.47%
Operating Expense	-	5.03B	1.76M	4.04M	4.40M	6.09M	9.13M	11.54M	12.28M	33.27M
Operating Income	-595.9	-1.84B	12.29M	27.65M	46.98M	45.62M	32.25M	44.34M	73.61M	76.72M
Operating Margin	-	-57.73%	87.47%	87.24%	91.44%	88.22%	58.49%	46.91%	59.26%	54.74%
EBITDA	-595.9	-1.84B	12.29M	27.65M	46.98M	48.66M	32.25M	47.37M	73.61M	76.72M
EBITDA Margin	-	-57.73%	87.47%	87.24%	91.44%	94.11%	58.49%	50.12%	59.26%	54.74%
Net Income	-903.04K	-1.44M	11.76M	27.65M	46.98M	45.62M	32.25M	44.34M	73.61M	34.05M
Net Income Margin	-	-0.05%	83.68%	87.24%	91.44%	88.22%	58.49%	46.91%	59.26%	24.29%
R&D	-	-	0.56	0.5	0.9	0.6	0.3	0.3	-	-
R&D as % of Total Revenue	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	484	-	532.73K	1.19M	1.06M	2.55M	13.76M	38.64M	44.23M	42.67M
Interest Expense % of Total Revenue	-	-	3.79%	3.74%	2.07%	4.94%	24.95%	40.88%	35.60%	30.45%

Balance Sheet

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	3.54M	149.32M	139.06M	516.29M	639.89M	738.35M	1.14B	1.08B	1.09B	960.11M
Total Liabilities	60.18K	19.28M	110.57K	139.98M	173.65M	132.15M	565.71M	532.08M	576.49M	475.14M
Total Equity	3.48M	127.04M	308.35M	376.31M	466.24M	606.20M	576.05M	547.07M	514.87M	484.97M
Cash	1.04M	8.14M	2.53M	45.80M	14.89M	4.70M	5.76M	2.97M	5.75M	18.18M
Total Debt	-	-	138.93M	60.02M	97.42M	79.49M	548.96M	510.08M	552.33M	449.92M
Net Debt	-1.04M	-8.14M	136.40M	14.22M	82.53M	74.79M	543.20M	507.11M	546.58M	431.74M

Cash Flow

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-3.28M	-117.96M	-172.93M	-133.58M	-106.09M	-61.25M	-359.85M	112.44M	50.49M	186.31M
Investing Cash Flow	-	-48.01B	-170.27M	-138.81M	168.61M	-120.84M	-453.82M	95.94M	-22.93M	148.26M
Financing Cash Flow	4.29M	125.06M	167.32M	176.85M	75.18M	51.06M	360.91M	-115.23M	-66.81M	-173.90M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-3.28M	-117.96M	-172.93M	-133.58M	-106.09M	-61.25M	-359.85M	112.44M	50.49M	186.31M
Dividends Paid	-	-	1.43M	8.19M	7.27M	17.95M	51.59M	73.32M	69.86M	51.45M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	-0.83%	-6.13%	-6.85%	-29.30%	-14.34%	65.21%	138.36%	27.61%

Earnings

Report Date	Nov 12, 2020	Mar 11, 2021	May 6, 2021	Aug 5, 2021	Nov 4, 2021	Mar 3, 2022	May 5, 2022	Aug 4, 2022	Nov 3, 2022	Mar 2, 2023	May 9, 2023	Aug 8, 2023	Nov 7, 2023	Mar 7, 2024	May 7, 2024	Aug 8, 2024	Nov 12, 2024	Mar 20, 2025	May 12, 2025	Aug 7, 2025	Nov 6, 2025	Feb 26, 2026	May 7, 2026	Aug 6, 2026	Nov 5, 2026
EPS Estimate	0.00	0.00	0.00	0.35	0.32	0.26	0.29	0.30	0.35	0.39	0.45	0.45	0.47	0.49	0.45	0.44	0.45	0.42	0.37	0.39	0.39	0.36	0.31	0.29	0.33
EPS Actual	0.40	0.68	0.30	0.35	0.32	0.28	0.30	0.35	0.36	0.45	0.45	0.49	0.54	0.45	0.46	0.37	0.41	0.39	0.42	0.38	0.43	0.32	0.29	0.43	-
Surprise	-	-	-	0.00%	0.00%	7.69%	3.45%	16.67%	2.86%	15.38%	0.00%	8.89%	14.89%	-8.16%	2.22%	-15.91%	-8.89%	-7.14%	13.51%	-2.56%	10.26%	-12.11%	-6.45%	48.28%	-
Timing	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap284.15M

Enterprise Value967.17M

Trailing P/E28.25

Forward P/E5.13

PEG Ratio1.16

Price / Sales2.13

Price / Book0.56

EPS0.24

Book Value11.91

Revenue (TTM)133.26M

Gross Profit (TTM)133.26M

Profit Margin5.83%

Operating Margin84.24%

Return on Equity1.55%

Return on Assets5.54%

Shares Outstanding41.91M

Shares Float0

Beta0.63

Dividend Yield19.47%

Dividend Rate1.32

Payout Ratio89.80%

Analyst Ratings

Buy

Based on 9 analystsTarget 8.04

Strong Buy
3
Hold
6

Ownership Breakdown

Institutions: 51.79%
Insiders: 1.14%
Retail / Other: 47.07%

Top Institutional Holders

Oaktree Capital Management LLC
7.03M16.77%
Sound Income Strategies
2.00M4.78%
Ares Management LLC
1.52M3.62%
HighTower Advisors, LLC
1.39M3.33%
Bulldog Investors, LLC
1.20M2.86%
CF Capital LLC
728.00K1.74%
ALLIUM FINANCIAL ADVISORS, LLC
715.66K1.71%
Alpine Partners VI, LLC
681.25K1.63%
Summit Financial LLC
543.25K1.30%
Franklin Templeton Inc
539.75K1.29%
Marshall Wace Asset Management Ltd
350.72K0.84%
UBS Group AG
343.23K0.82%
O'Shaughnessy Asset Management LLC
284.01K0.68%
Legal & General Group PLC
278.03K0.66%
SBE LLC DBA CEDAR COVE WEALTH PARTNERS
275.54K0.66%
Morgan Stanley - Brokerage Accounts
210.79K0.50%
Crewe Advisors LLC
172.00K0.41%

Top Fund Holders

Putnam BDC Income ETF
704.05K1.68%
Special Opportunities Fund
544.55K1.30%
High Income Securities
472.50K1.13%

Dividends

20263×

0.33Aug 17, 20260.33May 18, 20260.33Mar 10, 2026

20254×

0.33Nov 17, 20250.36Aug 18, 20250.35May 19, 20250.36Mar 31, 2025

20244×

0.40Nov 18, 20240.45Aug 12, 20240.47May 9, 20240.47Feb 9, 2024

20234×

0.46Nov 10, 20230.45Aug 14, 20230.45May 12, 20230.45Mar 6, 2023

20224×

0.36Nov 7, 20220.33Aug 8, 20220.30May 9, 20220.27Mar 7, 2022

20211×

0.25Nov 5, 2021