GLADSTONE CAPITAL CORP - 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated October 28, 2021, reports unaudited preliminary financial results for Gladstone Capital Corporation for the fiscal year ended September 30, 2021. The Company is a business development company listed on the Nasdaq Global Select Market.
Key Financial Metrics
- Net Asset Value (NAV) per Share: Estimated between $9.22 and $9.30 as of September 30, 2021.
- Net Investment Income per Share: Estimated in the range of $0.77 to $0.80 for the fiscal year ended September 30, 2021.
- Debt/Liquidity: Total amount outstanding under the Company's credit facility was approximately $50.5 million as of September 30, 2021.
- Revenue and Profit: Specific total revenue, net income, or cash flow figures are not provided in this filing; only per-share income estimates are disclosed.
Material Changes
The filing does not provide comparative data for the prior period to determine material changes in financial metrics. The document focuses solely on the preliminary estimates for the current fiscal year.
Guidance, Outlook, and Risks
The Company explicitly states that the preliminary estimated financial data should not be considered a substitute for full audited financial statements. PricewaterhouseCoopers LLP has not audited, reviewed, or performed any procedures on this information and expresses no opinion on it. The information is furnished by management and is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the final audited financial statements for the fiscal year ended September 30, 2021, once released.
- Confirm the exact Net Asset Value per share and Net Investment Income per share against the preliminary ranges provided ($9.22-$9.30 NAV; $0.77-$0.80 Income).
- Review the full credit facility terms and any subsequent changes to the $50.5 million outstanding balance.
- Check for any subsequent filings that may update or supersede these preliminary estimates.