| Income Statement | 2025-08-31 | 2025-05-31 | ||
|---|---|---|---|---|
| Interest income-Investment Unaffiliated Issuer | 23,697,449 | 25,464,663 | ||
| Interest income-Investment Affiliated Issuer | 684,587 | 595,624 | ||
| Interest income-Investment Affiliated Issuer Controlled | 1,191,555 | 1,190,661 | ||
| Payment in kind interest income-Investment Unaffiliated Issuer | 121,084 | 168,229 | ||
| Payment in kind interest income-Investment Affiliated Issuer | 604,880 | 584,749 | ||
| Payment in kind interest income-Investment Affiliated Issuer Controlled | 77,880 | 0 | ||
| Total interest from investments | 26,377,435 | 28,003,926 | ||
| Interest from cash and cash equivalents | 2,360,397 | 2,027,211 | ||
| Management fee income | 663,632 | 705,175 | ||
| Investment Unaffiliated Issuer | 127,689 | 562,183 | ||
| Investment Affiliated Issuer Controlled | 903,439 | 436,418 | ||
| Total dividend from investments | 1,031,128 | 998,601 | ||
| Structuring and advisory fee income | 221,600 | 264,375 | ||
| Other income | -28,436 | 319,329 | ||
| Total investment income | 30,625,756 | 32,318,617 | ||
| Interest and debt financing expenses | 12,372,030 | 12,451,865 | ||
| Base management fees | 4,374,324 | 4,333,332 | ||
| Incentive management fees expense (benefit) | 2,271,173 | 2,536,513 | ||
| Professional fees | 649,899 | 699,200 | ||
| Administrator expenses | 1,283,333 | 1,250,000 | ||
| Directors fees and expenses | - | 100,000 | ||
| Insurance | 74,310 | 74,310 | ||
| Directors fees and expenses | 118,500 | 131,500 | ||
| General and administrative | 412,769 | 645,411 | ||
| Income tax expense (benefit) | -11,315 | 54,454 | ||
| Total operating expenses | 21,545,023 | 22,176,585 | ||
| Net investment income | 9,080,733 | 10,142,032 | ||
| Debt And Equity Securities Realized Gain Loss | 52,691 | 2,262,984 | ||
| Investment Affiliated Issuer Controlled | - | 638,355 | ||
| Net realized gain (loss) from investments | 52,691 | 2,901,339 | ||
| Investment Unaffiliated Issuer | 478,796 | 372,148 | ||
| Investment Affiliated Issuer | 139,577 | -45,944 | ||
| Investment Affiliated Issuer Controlled | 3,109,340 | 617,773 | ||
| Net change in unrealized appreciation (depreciation) on investments | 3,727,713 | 943,977 | ||
| Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments | -423,998 | 55,085 | ||
| Net realized and unrealized gain (loss) on investments | 4,204,402 | 3,790,231 | ||
| Net increase (decrease) in net assets resulting from operations | 13,285,135 | 13,932,263 | ||
| Weighted average - basic earnings (loss) per common share (in dollars per share) | 0.84 | 0.91 | ||
| Weighted average - diluted earnings (loss) per common share (in dollars per share) | 0.84 | 0.91 | ||
| Weighted average common shares outstanding - basic (in shares) | 15,775,387 | 15,344,510 | ||
| Weighted average common shares outstanding - diluted (in shares) | 15,775,387 | 15,344,510 | ||
SARATOGA INVESTMENT CORP. (SAJ)
SARATOGA INVESTMENT CORP. (SAJ)