OXSQ
Oxford Square Capital Corp.1.8700
+0.0200+1.08%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
152.72MP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0.23%Recent Filings
8-K
Q3 NAV falls to $1.95
Oxford Square Capital reported Q3 2025 results with net asset value dipping to $1.95 per share from $2.06, driven by $7.5 million in unrealized depreciation despite $5.6 million net investment income. Total investment income rose to $10.2 million, fueled by debt and CLO equity yields climbing to 14.6% and 9.7%, respectively, while expenses increased to $4.7 million. The board declared $0.035 monthly distributions through March 2026 and authorized a $25 million share repurchase program through October 2026. NAV erosion persists.
8-K
Annual meeting elects director
Oxford Square Capital Corp. held its annual stockholder meeting on August 20, 2025, electing Barry A. Osherow as director for a three-year term despite significant withheld votes. Stockholders ratified PricewaterhouseCoopers LLP as independent auditors for the fiscal year ending December 31, 2025, with strong support. Governance continuity holds firm. Yet, the 33% withheld votes on Osherow signal investor scrutiny.
8-K
Full redemption of 2026 notes
Oxford Square Capital Corp. elected to redeem its entire $24,790,750 principal of 6.25% Notes due 2026 on August 20, 2025, with the redemption set for September 19, 2025, at $25 per note plus accrued interest from July 31. This full call eliminates the outstanding debt and triggers delisting from Nasdaq. The move simplifies the company's capital structure amid ongoing market uncertainties.
10-Q
Q2 FY2025 results
Oxford Square Capital's Q2 FY2025 results showed investment income dipping 17% y/y to $9.5M, driven by lower stated interest from debt repayments, yet securitization income held steady at $3.9M. Net investment income fell 29% y/y to $5.5M, with expenses edging up to $4.0M amid excise tax tweaks, while operating cash flow stayed positive at $4.3M for the half-year. Portfolio fair value slipped to $241.5M, reflecting $14.5M realized losses and $0.8M net unrealized depreciation, but CLO equity distributions cushioned the blow. Liquidity remains solid with $29.8M cash and no revolver draw, total debt at $113.9M (5.73% weighted rate, 2.4-year maturity). Debt repayments trimmed leverage, boosting asset coverage to 235%. Still, persistent unrealized depreciation in software holdings like RSA Security signals valuation pressures from market volatility.
8-K
Q2 NAV slips to $2.06
Oxford Square Capital Corp. reported Q2 2025 net investment income of $5.5 million, down from $6.1 million in Q1, with total investment income slipping to $9.5 million amid $233,000 in repayments and no new buys. NAV dipped to $2.06 per share from $2.09, yet the board declared steady $0.035 monthly distributions through December 2025. Non-accrual status on $5.0 million in preferred equity investments lingers.
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