Investor Presentaiton
Gladstone Capital Origination Activity
Net originations of $35.4 million for the June 30, 2023 quarter continue to demonstrate healthy LMM momentum
over the past year and market demand for one-stop 1st lien financing solutions.
Origination Activity
300,000
250,000
200,000
150,000
100,000
50,000
16.0%
15.0%
14.0%
13.0%
12.0%
11.0%
10.0%
9.0%
8.0%
FY-2012
FY-2013
FY-2014
FY-2015
FY-2016
FY-2017
FY-2018
FY-2019
FY-2020
FY-2021
1st Lien
2nd Lien
Preferred Equity / Unsecured
Common Equity / Other
FY-2022 LTM 3Q-23
-*->Weighted Average Yield
New Investments at Cost
Disbursements to Existing Portfolio Companies
Sales, Repayments, Other Exits at Cost
Net New Investments at Cost
Number of New Portfolio Company Investments
Number of Portfolio Company Exits
Total Portfolio Companies
Gladstone Capital Quarterly Net Investment
6/30/2021 9/30/2021 12/31/2021 3/31/2022 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023
$ 37,992 $
$ 48,717 $ 59,619 $ 2,416 $ 48,000 $ 53,500
15,200
(54,428)
$ 106,918 $
27,551
3,876 10,775
(2,791) (96,799) (50,858)
18,565 26,428 10,963 16,090 17,115
(6,292) (21,801) (39,183) (9,761) (35,230)
$ (1,236) $ 24,760 $13,995 $ (40,083) $ 60,990 $ 64,246 $ (25,804) $ 54,329 $ 35,385
3
0
6
0
4
4
0
2
3
3
1
5
2
0
1
2
1
2
47
46
47
45
49
52
50
51
52
ā GLADSTONE
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