| Income Statement | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 |
|---|---|---|---|---|
| Interest income-Investment Unaffiliated Issuer | 26,005,778 | 25,454,368.5* | 23,373,796 | 23,697,449 |
| Interest income-Investment Affiliated Issuer | 726,094 | 596,357.5* | 687,188 | 684,587 |
| Interest income-Investment Affiliated Issuer Controlled | 686,716 | 498,735.5* | 1,927,250 | 1,191,555 |
| Payment in kind interest income-Investment Unaffiliated Issuer | 173,291 | 224,143* | 110,210 | 121,084 |
| Payment in kind interest income-Investment Affiliated Issuer | 503,610 | 499,752* | 604,628 | 604,880 |
| Payment in kind interest income-Investment Affiliated Issuer Controlled | - | -24,465.5* | 18,907 | 77,880 |
| Realized losses on extinguishment of debt-Investment Affiliated Issuer Controlled | 19,586 | - | - | - |
| Total interest from investments | 28,115,075 | 27,248,891* | 26,721,979 | 26,377,435 |
| Interest from cash and cash equivalents | 554,386 | 1,429,213.5* | 1,942,036 | 2,360,397 |
| Management fee income | 544,988 | 647,908* | 628,774 | 663,632 |
| Investment Unaffiliated Issuer | - | 1,051,757.5* | - | 127,689 |
| Dividend Income Operating | 778,852 | 352,039* | 1,065,007 | 903,439 |
| Total dividend from investments | 778,852 | 1,403,796.5* | 1,065,007 | 1,031,128 |
| Structuring and advisory fee income | 656,363 | 922,571.5* | 662,461 | 221,600 |
| Other income | 127,261 | 653,591* | 625,282 | -28,436 |
| Total investment income | 30,776,925 | 32,305,971.5* | 31,645,539 | 30,625,756 |
| Interest and debt financing expenses | 13,650,283 | 14,177,657.5* | 11,911,568 | 12,372,030 |
| Base management fees | 4,970,053 | 4,556,533* | 4,434,590 | 4,374,324 |
| Incentive management fees expense (benefit) | 1,892,061 | 2,152,281* | 2,447,611 | 2,271,173 |
| Professional fees | 531,236 | 540,782.5* | 867,774 | 649,899 |
| Administrator expenses | 1,350,000 | 1,283,333.5* | 1,350,000 | 1,283,333 |
| Insurance | 80,598 | 78,762* | 73,502 | 74,310 |
| Directors fees and expenses | 126,000 | 117,250* | 90,000 | 118,500 |
| General and administrative | 600,266 | 273,924.5* | 888,786 | 412,769 |
| Income tax expense (benefit) | -16,559 | 185,821.5* | -204,678 | -11,315 |
| Excise tax expense (benefit) | - | 433,504.5* | - | - |
| Total operating expenses | 23,183,938 | 23,799,850* | 21,859,153 | 21,545,023 |
| Net investment income | 7,592,987 | 8,506,121.5* | 9,786,386 | 9,080,733 |
| Investment Unaffiliated Issuer | -488,148 | 902,044.25* | 3,070,547 | 52,691 |
| Investment Affiliated Issuer Controlled | 638,355 | 159,588.75* | - | - |
| Net realized gain (loss) from investments | 150,207 | 1,061,633* | 3,070,547 | 52,691 |
| Investment Unaffiliated Issuer | -11,927,184 | -6,693,369* | -926,785 | 478,796 |
| Investment Affiliated Issuer | -2,418,612 | -314,492* | 695,483 | 139,577 |
| Investment Affiliated Issuer Controlled | -831,335 | -3,131,437* | -352,356 | 3,109,340 |
| Net change in unrealized appreciation (depreciation) on investments | -15,177,131 | -10,139,298* | -583,658 | 3,727,713 |
| Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments | -530,824 | 297,298* | 150,134 | -423,998 |
| Net realized and unrealized loss (gain) on investments | -14,496,100 | -9,374,963* | 2,336,755 | 4,204,402 |
| Realized losses on extinguishment of debt | - | -454,539* | -123,157 | - |
| Net increase (decrease) in net assets resulting from operations | -6,903,113 | -1,323,380.5 | 11,999,984 | 13,285,135 |
| Basic EPS | -0.42 | -0.084 | 0.74 | 0.84 |
| Diluted EPS | -0.42 | -0.084 | 0.74 | 0.84 |
| Basic Average Shares | 16,252,548 | 15,666,561 | 16,108,862 | 15,775,387 |
| Diluted Average Shares | 16,252,548 | 15,666,561 | 16,108,862 | 15,775,387 |
SARATOGA INVESTMENT CORP. (SAT)
SARATOGA INVESTMENT CORP. (SAT)