Trade Monroe Capital Corp - MRCC CFD

Monroe Capital Corporation Company profile

About Monroe Capital Corp

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity. The Company provides customized financing solutions focused primarily on senior secured, junior secured and unitranche (a combination of senior secured and junior secured debt in the same facility) debt, and subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The Company's investment activities are managed by its investment advisor, Monroe Capital BDC Advisors, LLC (MC Advisors).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Monroe Capital Corp revenues decreased 13% to $53.8M. Net income increased from $1.6M to $32.5M. Revenues reflect Interest Income - Investment Interest in decrease of 22% to $33.4M, Payment-in-kind interest income decrease of 53% to $1.8M, Fee income decrease of 62% to $1.2M. Net income reflects Non-controlled/non-affiliate company inv increase from $20.4M (expense) to $27.8M (income).

Equity composition

Common Stock $0.001 Par, Shares auth. and o/s after the offering:1K auth., 100 issd. Insiders own approx. 1% (after the IPO). IPO:TBA..