Monroe Capital (MRCC) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Welcome to Monroe Capital Corporation's First Quarter twenty twenty five Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results and cash flows. Although we believe these statements are reasonable based on ...

When a stock is trading near its 5-year lows and especially when it is in a long-term downtrend, it is obviously clear that something is wrong.Mr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by the portfolios. He invests in all financial instruments globally (stocks, bonds, fx, commodities), restruc ...

Monroe Capital (MRCC) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -29.63%. A quarter ago, it was expected that this business development company would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%.Over the last four qu ...

Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). First Quarter 2025 Financial Highlights Exhibit 99.1 Monroe Capital Corporation BDC Announces First Quarter 2025 Results CHICAGO, IL, May 7, 2025 – Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the first quarter ended March 31, 2025. Chief Executive Officer Theodore L. Koenig commented, "We are pleased to announce ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 814-00866 MONROE CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Maryland 27-4895840 (State or Other Jurisdiction of Inc ...

CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the first quarter ended March 31, 2025. Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). First Quarter 2025 Financial Highlights Chief Executive Officer Theodore L. Koenig commented, "We are pleased to announce that we paid a $0.25 per share dividend during the first quarter r ...

Company Overview - Monroe Capital Corporation is a publicly-traded specialty finance company that primarily invests in senior, unitranche, and junior secured debt, as well as unsecured debt and equity investments in middle-market companies [3] - The investment objective of the company is to maximize total return to stockholders through current income and capital appreciation [3] - The investment activities are managed by Monroe Capital BDC Advisors, LLC, which is registered under the Investment Advisers Act of 1940 [3] Upcoming Financial Results - The company will report its first quarter financial results for the period ended March 31, 2025, on May 7, 2025, after the close of financial markets [1] - A webcast and conference call to discuss these results will be held on May 8, 2025, at 11:00 a.m. Eastern Time [2] Awards and Recognition - Monroe Capital LLC has received multiple awards, including Private Debt Investor's 2024 Lower Mid-Market Lender of the Year and 2023 Lower Mid-Market Lender of the Decade [5] - The firm has been recognized for its performance in private debt and direct lending across various categories [5] Investment Strategy - Monroe Capital LLC specializes in private credit markets with strategies including direct lending, technology finance, venture debt, and structured credit [4] - The firm aims to provide capital solutions to clients in the U.S. and Canada, focusing on generating high-quality "alpha" returns regardless of economic cycles [4]

Financial Data and Key Metrics Changes - Adjusted net investment income for Q4 2024 was $6.2 million or $0.29 per share, a slight decrease from $6.6 million or $0.31 per share in the previous quarter [5][24] - NAV as of December 31, 2024, was $191.8 million or $8.85 per share, down from $198.9 million or $9.18 per share as of September 30, 2024, representing a 3.6% decline [6][26] - The weighted average effective yield on the portfolio's debt and preferred equity investments decreased to 10.2% from 11% in the prior quarter [25] Business Line Data and Key Metrics Changes - The investment portfolio totaled $457 million at year-end, a decrease of $17.3 million from $474.3 million at the end of the last quarter, consisting of debt and equity investments in 91 portfolio companies, down from 94 [17] - In 2024, the company invested $30.4 million in seven new portfolio companies and $57.6 million in existing portfolio companies, with $2.2 million in one new portfolio company and $14.2 million in existing companies during Q4 [21] Market Data and Key Metrics Changes - Middle market direct lending M&A volumes in Q4 2024 saw an 85% year-over-year increase, marking the strongest quarterly results since Q4 2021 [18] - Delayed draw term loan fundings were 2.4 times greater in 2024 than in 2023, indicating a new annual record [19] Company Strategy and Development Direction - The company plans to focus on growing the portfolio and addressing legacy portfolio issues, with expectations to step on the accelerator in 2025 [45] - The strategic partnership with Wendel Group involves a $1 billion commitment to support new and existing investment strategies, with no changes to the investment process or fee structure [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the favorable market outlook, citing lower interest rates and improved economic conditions as supportive of a sustainable deal environment in 2025 [12] - The company aims to leverage its in-house originations platform and rigorous underwriting standards to capitalize on private credit and middle market lending opportunities [12] Other Important Information - Total borrowings as of December 31, 2024, were $293.9 million, with leverage increasing slightly to 1.53 times debt to equity [23] - The company reported a net loss on the portfolio of $7.7 million for the quarter, primarily due to unrealized mark-to-market losses [34] Q&A Session Summary Question: Strategy to grow earnings and portfolio - Management acknowledged the need to clean up legacy portfolio issues and indicated plans to grow the portfolio in 2025 [45] Question: Resolution of non-accrual investments - Management confirmed active efforts to resolve non-accrual investments, including litigation matters, with expectations for progress in 2025 [48] Question: Consideration of swapping bank credit facilities - Management noted that there is significant interest from financial institutions in providing capital for diversified middle market portfolios, and they are always evaluating options for optimizing capital structure [51][55]

Monroe Capital is a $19.4 billion1 diversified private credit solutions provider. While protecting client capital against loss is at the heart of the Monroe ethos, it's been our ability to consistently attract high-quality deal flow that has enabled the Firm's nearly two decades of growth. Q4 2024 Monroe Capital at a Glance Experience | Security | Consistency Monroe Capital Corporation (NASDAQ: MRCC) Award Winning Firm1 2004 Year founded $46B Invested capital2 250+ Total employees1 10 Offices1 $19.4B AUM1 1 ...

Monroe Capital (MRCC) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this business development company would post earnings of $0.29 per share when it actually produced earnings of $0.31, delivering a surprise of 6.90%.Over the last four quar ...