First Eagle Alternative Pref Share FCRX 5 05/25/26 | 8-K: FY2025 Q2 EPS: USD 0.41

EPS: As of FY2025 Q2, the actual value is USD 0.41.

Financial Highlights

Net Investment Income

• Net investment income per share: $0.46 for the quarter ended June 30, 2025, compared to $0.45 for the quarter ended March 31, 2025, and $0.59 for the quarter ended June 30, 2024.

Net Income

• Net income per share: $0.41 for the quarter ended June 30, 2025.

Net Asset Value (NAV)

• NAV per share: $19.55 at June 30, 2025, compared to $19.62 at March 31, 2025, and $20.30 at June 30, 2024.

Investment Income

• Investment income: $43.0 million for the quarter ended June 30, 2025, compared to $42.1 million for the quarter ended March 31, 2025, and $48.9 million for the quarter ended June 30, 2024.

Net Realized Gains (Losses)

• Net realized losses, net of taxes: - $2.9 million for the quarter ended June 30, 2025, compared to - $6.5 million for the quarter ended March 31, 2025, and - $4.1 million for the quarter ended June 30, 2024.

Net Change in Unrealized Gains (Losses)

• Net change in unrealized gains, net of taxes: $1.0 million for the quarter ended June 30, 2025, compared to - $6.2 million for the quarter ended March 31, 2025, and $2.8 million for the quarter ended June 30, 2024.

Net Increase (Decrease) in Net Assets Resulting from Operations

• Net increase in net assets resulting from operations: $15.0 million for the quarter ended June 30, 2025, compared to $3.9 million for the quarter ended March 31, 2025, and $20.4 million for the quarter ended June 30, 2024.

Cash Flow

• Cash and cash equivalents: $26.1 million as of June 30, 2025.
• Undrawn capacity on credit facilities: $227.2 million as of June 30, 2025.

Dividend Declarations

• Third quarter 2025 regular cash dividend: $0.42 per share, payable on October 15, 2025.
• Third and final special dividend: $0.05 per share, payable on September 15, 2025.

Share Repurchase Program

• Authorized repurchase program: Up to $20.0 million of common stock.

Portfolio & Investment Activity

• Investments: $57.5 million across 3 new portfolio companies for the quarter ended June 30, 2025.
• Exits, sales, and repayments: $92.7 million for the quarter ended June 30, 2025.

Liquidity and Capital Resources

• Debt to equity ratio: 1.23x as of June 30, 2025.
• Weighted average cost of debt: 6.09% as of June 30, 2025.

Outlook / Guidance

• Crescent BDC cautions that forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which may change over time. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.