Monroe Capital Corporation reported a net loss of $1.7 million for its fourth quarter of 2024, translating to a loss of $0.08 per share. Adjusted earnings, which account for investment and non-recurring costs, were $0.29 per share.
Adjusted net investment income for the fourth quarter of 2024 was $6.2 million, or $0.29 per share. This figure is a key metric for evaluating the company's operational profitability.
The company's effective yield on its portfolio stood at 10.2% as of December 31, 2024. The portfolio's fair value was $457.05 million at the end of the fourth quarter.
Non-accrual assets at December 31, 2024, totaled $15.7 million, representing 3.4% of total investments. This indicates a portion of the portfolio was not generating income. The company's Net Asset Value (NAV) experienced a dip during the quarter.
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