Runway Growth Finance Corp. Stock Price, News & Analysis

Runway Growth Finance Corp. (Nasdaq: RWAY), a provider of flexible capital solutions to late-stage companies, reported strong Q2 2025 financial results. The company delivered total investment income of $35.1 million and net investment income of $13.9 million ($0.38 per share).

Key highlights include a dollar-weighted annualized yield of 15.40% on debt investments, completion of $37.8 million in funded investments across three portfolio companies, and declaration of $0.36 per share in Q3 distributions. The investment portfolio reached $1.0 billion across 54 companies, with 97.8% in senior secured loans. Net asset value stood at $498.9 million ($13.66 per share), representing a 1% increase from the previous quarter.

The company maintains strong liquidity with $297.0 million available, including $6.0 million in cash and $291.0 million in credit facility capacity.

Runway Growth Capital (NASDAQ:RWAY) has announced a $20 million growth loan commitment to Swing Education, comprising a first lien term loan and a revolving credit line. Swing Education, founded in 2015, operates an online marketplace connecting schools with qualified substitute teachers across multiple states including California, Arizona, Texas, Illinois, New York, New Jersey, and Washington, D.C.

The funding aims to support Swing Education's nationwide expansion and address the critical shortage of substitute teachers in K-12 education. The company streamlines substitute teacher hiring and placement processes through technology and support services. The financing structure, including both a first lien and revolver, was designed to accommodate the seasonal nature of the education sector.

Runway Growth Finance (Nasdaq: RWAY), a provider of flexible capital solutions to late- and growth-stage companies, has declared a total Q3 2025 distribution of $0.36 per share. The distribution consists of a regular dividend of $0.33 and a supplemental dividend of $0.03 per share.

The dividend will be paid on September 2, 2025, to shareholders of record as of August 18, 2025. The company maintains a dividend reinvestment plan where stockholders who haven't opted out will have their cash dividends automatically reinvested in additional shares.

Runway Growth Finance Corp. (Nasdaq: RWAY), a provider of flexible capital solutions, has released its Q2 2025 portfolio update. The company completed three investments totaling $37.8 million in funded loans during the quarter, including new investments in Autobooks ($27.0M) and Swing Education ($8.0M), plus a $2.8M investment in existing portfolio company Marley Spoon SE.

The quarter saw significant liquidity events, including a $25.0M full principal repayment from SetPoint Medical Corporation and $4.1M in scheduled loan amortization payments. As of June 30, 2025, RWAY's portfolio comprised 48 debt investments across 31 companies and 89 equity investments in 49 companies, focusing on technology, healthcare, and select consumer sectors.

Runway Growth Finance Corp. (Nasdaq: RWAY), a provider of flexible capital solutions to late- and growth-stage companies, has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, after market close.

The company will host a conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) on the same day. Participants can register through the Runway Growth Investor Relations website at least 15 minutes before the call. A replay will be available for 90 days after the event.

Runway Growth Finance (NASDAQ: RWAY) reported its Q1 2025 financial results, showing total investment income of $35.4 million and net investment income of $15.6 million ($0.42 per share). The company's investment portfolio reached $1.0 billion across 52 companies, with a dollar-weighted annualized yield of 15.44% on debt investments. During Q1, RWAY completed three investments in existing portfolio companies totaling $50.7 million and declared a Q2 2025 regular dividend of $0.33 plus a $0.02 supplemental dividend per share. The company maintained strong liquidity with $315.4 million available, including $18.4 million in cash. Notable achievements include $71.9 million in principal prepayments, $38.1 million in equity sale proceeds, and net realized gains of $6.1 million. The company's NAV stood at $13.48 per share, and it recently secured $107 million in Series 2025A Senior Notes.

Runway Growth Capital (RWAY) has provided a $40 million senior secured term loan to Autobooks, a fintech company specializing in integrated payment solutions for small and medium-sized businesses. The funding will support Autobooks' expansion and its recent acquisition of Allied Payment Network.

Autobooks, founded in 2015 and based in Detroit, offers embedded financial management solutions including invoicing, payment acceptance, and bookkeeping capabilities through banks and credit unions. The company has shown significant growth, ranking #258 and #249 on Inc. 5000's fastest-growing companies list in 2022 and 2023, respectively.

The acquisition of Allied Payment Network enhances Autobooks' platform by adding real-time bill pay and digital disbursement solutions, creating a comprehensive small business banking platform.

Runway Growth Finance Corp. (NASDAQ: RWAY) has declared its second quarter 2025 dividend distributions. The company announced a regular cash distribution of $0.33 per share and an additional supplemental dividend of $0.02 per share. Key dates include: Declaration Date - May 7, 2025; Record Date - May 19, 2025; and Payment Date - June 3, 2025.

The company, which provides flexible capital solutions to late- and growth-stage companies, intends to distribute substantially all available earnings quarterly, subject to Board discretion and various conditions. RWAY maintains an "opt out" dividend reinvestment plan, allowing stockholders to automatically reinvest cash dividends into additional company shares unless they choose to opt out.

Runway Growth Capital (RWAY) has promoted Avisha Khubani to Managing Director of Portfolio Analytics. Khubani, who joined Runway in 2018 as Vice President, will lead efforts in enhancing portfolio monitoring, optimizing investment decisions, and strengthening risk management strategies. With an MBA from NYU Stern and CFA designation, Khubani brings extensive experience from her previous roles at Kroll Inc. and Empire Valuation Consultants, where she specialized in valuing complex portfolios of private loans and equity.

CEO David Spreng praised Khubani's contributions to Runway's success, highlighting her analytical rigor and strong understanding of risk management. In her expanded role, she will continue overseeing the performance of Runway's portfolio companies while enhancing risk assessment frameworks.