NASDAQ : RWAY
Runway Growth Finance Corp. — Financial statements
Financials · Asset Management · United States
Last price 6.49 USD (Nov 2, 2026, 9:56 AM EST) · Market cap 272.00M
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Financial statements
Runway Growth Finance Corp. (RWAY) reported revenue of 133.26M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 1.81M | 1.95M | 2.23M | 3.36M | 1.39M | 3.36M |
| Other Revenue | 131.45M | 135.38M | 142.40M | 160.85M | 106.36M | 67.73M |
| Revenue | 133.26M | 137.33M | 144.63M | 164.21M | 107.75M | 71.09M |
| Gross Profit | 133.26M | 137.33M | 144.63M | 164.21M | 107.75M | 71.09M |
| Selling, General & Admin | 30.23M | 35.59M | 35.29M | 41.26M | 30.05M | 21.73M |
| Other Operating Expenses | 2.75M | 2.16M | 1.37M | 1.53M | 1.14M | 684.00K |
| Operating Expenses | 32.97M | 37.75M | 36.66M | 42.79M | 31.19M | 22.41M |
| Operating Income | 100.29M | 99.58M | 107.98M | 121.42M | 76.56M | 48.68M |
| Interest Expense | -44.11M | -42.67M | -44.23M | -43.14M | -16.76M | -4.19M |
| Currency Exchange Gain (Loss) | 466.00K | -737.00K | ||||
| Other Non Operating Income (Expenses) | -255.00K | |||||
| EBT Excluding Unusual Items | 56.39M | 56.17M | 63.75M | 78.28M | 59.80M | 44.49M |
| Gain (Loss) on Sale of Investments | -48.63M | -22.12M | 9.86M | -33.93M | -27.55M | 1.13M |
| Pretax Income | 7.76M | 34.05M | 73.61M | 44.34M | 32.25M | 45.62M |
| Net Income | 7.76M | 34.05M | 73.61M | 44.34M | 32.25M | 45.62M |
| Net Income to Common | 7.76M | 34.05M | 73.61M | 44.34M | 32.25M | 45.62M |
| Shares Outstanding (Basic) | 37.65M | 36.70M | 38.85M | 40.51M | 40.97M | 34.18M |
| Shares Outstanding (Diluted) | 37.65M | 36.70M | 38.85M | 40.51M | 40.97M | 34.18M |
| EPS (Basic) | 0.21 | 0.93 | 1.89 | 1.09 | 0.79 | 1.33 |
| EPS (Diluted) | 0.21 | 0.93 | 1.89 | 1.09 | 0.79 | 1.33 |
| Dividend Per Share | 1.32 | 1.32 | 1.60 | 1.60 | 1.26 | 0.25 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 75.26% | 72.51% | 74.66% | 73.94% | 71.05% | 68.48% |
| Profit Margin | 5.83% | 24.79% | 50.89% | 27.00% | 29.93% | 64.17% |
| EBIT | 100.29M | 99.58M | 107.98M | 121.42M | 76.56M | 48.68M |
| EBIT Margin | 75.26% | 72.51% | 74.66% | 73.94% | 71.05% | 68.48% |
| Revenue as Reported | 133.26M | 137.33M | 144.63M | 164.21M | 107.75M | 71.09M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.83M | 18.18M | 5.75M | 2.97M | 5.76M | 4.70M |
| Cash & Short-Term Investments | 10.83M | 18.18M | 5.75M | 2.97M | 5.76M | 4.70M |
| Accounts Receivable | 13.23M | 7.59M | 8.14M | 8.27M | 8.77M | 2.37M |
| Receivables | 13.23M | 7.59M | 8.14M | 8.27M | 8.77M | 2.37M |
| Other Current Assets | 3.57M | 4.22M | 42.00M | 45.00M | ||
| Total Current Assets | 27.63M | 29.99M | 13.89M | 53.24M | 14.53M | 52.07M |
| Long-Term Investments | 1.13B | |||||
| Other Long-Term Assets | 1.19B | 930.13M | 1.08B | 1.03B | 930.00K | 686.28M |
| Total Assets | 1.22B | 960.11M | 1.09B | 1.08B | 1.14B | 738.35M |
| Accrued Expenses | 25.93M | 24.52M | 24.15M | 22.00M | 16.76M | 7.89M |
| Short-Term Debt | 44.77M | |||||
| Other Current Liabilities | 711.00K | |||||
| Total Current Liabilities | 25.93M | 25.23M | 24.15M | 22.00M | 16.76M | 52.66M |
| Long-Term Debt | 693.85M | 449.92M | 552.33M | 510.08M | 548.96M | 79.49M |
| Total Liabilities | 719.78M | 475.14M | 576.49M | 532.08M | 565.71M | 132.15M |
| Common Stock | 422.00K | 361.00K | 373.00K | 414.00K | 414.00K | 414.00K |
| Additional Paid-In Capital | 585.04M | 534.51M | 557.99M | 605.11M | 605.77M | 606.05M |
| Retained Earnings | -82.88M | -49.90M | -43.50M | -47.64M | -19.32M | -267.00K |
| Treasury Stock | -10.82M | -10.82M | ||||
| Shareholders' Equity | 502.58M | 484.97M | 514.87M | 547.07M | 576.05M | 606.20M |
| Total Liabilities & Equity | 1.22B | 960.11M | 1.09B | 1.08B | 1.14B | 738.35M |
| Total Debt | 693.85M | 449.92M | 552.33M | 510.08M | 548.96M | 124.26M |
| Net Cash (Debt) | -683.02M | -431.74M | -546.58M | -507.11M | -543.20M | -119.57M |
| Net Cash Per Share | -18.14 | -11.76 | -14.07 | -12.52 | -13.26 | -3.50 |
| Filing Date Shares Outstanding | 41.91M | 36.13M | 37.35M | 40.51M | 40.51M | 41.38M |
| Total Common Shares Outstanding | 42.22M | 36.13M | 37.35M | 40.51M | 40.51M | 41.38M |
| Working Capital | 1.70M | 4.76M | -10.26M | 31.23M | -2.23M | -597.00K |
| Book Value Per Share | 11.91 | 13.42 | 13.79 | 13.50 | 14.22 | 14.65 |
| Tangible Book Value | 502.58M | 484.97M | 514.87M | 547.07M | 576.05M | 606.20M |
| Tangible Book Value Per Share | 11.91 | 13.42 | 13.79 | 13.50 | 14.22 | 14.65 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.76M | 34.05M | 73.61M | 44.34M | 32.25M | 45.62M |
| Other Amortization | 3.62M | 3.31M | 3.42M | 3.03M | 1.39M | 472.00K |
| Loss (Gain) From Sale of Investments | 40.20M | 16.83M | -16.67M | 25.25M | 20.68M | -8.87M |
| Other Operating Activities | -127.05M | 133.31M | 6.83M | 34.05M | -417.48M | -98.84M |
| Change in Accounts Receivable | -99.00K | 547.00K | 128.00K | 497.00K | -5.78M | -301.00K |
| Change in Accounts Payable | 1.46M | -987.00K | 979.00K | 543.00K | 5.97M | -219.00K |
| Change in Other Net Operating Assets | -1.51M | -751.00K | 1.45M | 4.73M | 3.12M | 890.00K |
| Operating Cash Flow | -75.37M | 186.31M | 69.76M | 112.44M | -359.85M | -61.25M |
| Short-Term Debt Issued | 149.25M | |||||
| Long-Term Debt Issued | 327.08M | 211.00M | 235.00M | 686.25M | 181.00M | |
| Total Debt Issued | 657.76M | 327.08M | 211.00M | 235.00M | 686.25M | 330.25M |
| Short-Term Debt Repaid | -44.77M | -174.12M | ||||
| Long-Term Debt Repaid | -433.50M | -172.00M | -275.00M | -208.00M | -199.00M | |
| Total Debt Repaid | -516.50M | -433.50M | -172.00M | -275.00M | -252.78M | -373.12M |
| Net Debt Issued (Repaid) | 141.26M | -106.42M | 39.00M | -40.00M | 433.48M | -42.88M |
| Issuance of Common Stock | 119.29M | |||||
| Repurchase of Common Stock | -5.80M | -12.50M | -35.95M | -10.82M | ||
| Common Dividends Paid | -47.93M | -48.51M | -62.44M | -64.82M | -51.59M | -17.95M |
| Other Financing Activities | -4.34M | -3.52M | -166.00K | -1.91M | -10.16M | -7.41M |
| Financing Cash Flow | 80.25M | -173.90M | -66.98M | -115.23M | 360.91M | 51.06M |
| Foreign Exchange Rate Adjustments | -10.00K | 6.00K | ||||
| Net Cash Flow | 4.87M | 12.42M | 2.78M | -2.79M | 1.06M | -10.19M |
| Levered Free Cash Flow | 30.30M | 36.29M | 87.54M | 15.69M | 86.23M | 55.40M |
| Unlevered Free Cash Flow | 54.25M | 59.65M | 111.76M | 39.63M | 95.32M | 57.55M |
| Cash Interest Paid | 36.60M | 37.94M | 37.35M | 38.10M | 7.78M | 2.77M |
| Cash Income Tax Paid | 881.00K | 390.00K | 616.00K | 340.00K | 1.00K | |
| Change in Working Capital | -143.00K | -1.19M | 2.56M | 5.77M | 3.31M | 370.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 271.58M | 322.68M | 409.33M | 511.23M | 470.97M | 530.50M |
| Enterprise Value | 954.59M | 758.27M | 948.22M | 937.27M | 801.74M | 668.01M |
| Last Close Price | 6.52 | 7.74 | 8.29 | 8.15 | 6.48 | 6.52 |
| PE Ratio | 31.43 | 9.48 | 5.56 | 11.53 | 14.60 | 11.63 |
| Forward PE | 4.84 | 5.91 | 6.80 | 6.48 | 7.14 | 10.98 |
| PS Ratio | 2.05 | 2.35 | 2.83 | 3.11 | 4.37 | 7.46 |
| PB Ratio | 0.55 | 0.67 | 0.80 | 0.93 | 0.82 | 0.88 |
| P/TBV Ratio | 0.54 | 0.67 | 0.80 | 0.93 | 0.82 | 0.88 |
| P/OCF Ratio | 1.73 | 5.87 | 4.55 | |||
| PEG Ratio | 0.70 | 0.70 | 0.70 | 1.02 | 1.37 | |
| EV/Sales Ratio | 7.18 | 5.52 | 6.56 | 5.71 | 7.44 | 9.40 |
| EV/EBIT Ratio | 9.54 | 7.61 | 8.78 | 7.72 | 10.47 | 13.72 |
| Debt / Equity Ratio | 1.38 | 0.93 | 1.07 | 0.93 | 0.95 | 0.20 |
| Net Debt / Equity Ratio | 1.36 | 0.89 | 1.06 | 0.93 | 0.94 | 0.20 |
| Asset Turnover | 0.12 | 0.13 | 0.13 | 0.15 | 0.12 | 0.10 |
| Quick Ratio | 0.93 | 1.02 | 0.57 | 0.51 | 0.87 | 0.13 |
| Current Ratio | 1.07 | 1.19 | 0.57 | 2.42 | 0.87 | 0.99 |
| Return on Equity (ROE) | 1.55% | 6.81% | 13.86% | 7.90% | 5.46% | 8.51% |
| Return on Assets (ROA) | 5.54% | 6.07% | 6.22% | 6.83% | 5.09% | 4.42% |
| Return on Capital Employed (ROCE) | 8.40% | 10.70% | 10.10% | 11.50% | 6.80% | 7.10% |
| Earnings Yield | 3.18% | 10.55% | 17.98% | 8.67% | 6.85% | 8.60% |
| Dividend Yield | 20.83% | 14.78% | 14.60% | 12.68% | 10.84% | 1.95% |
| Payout Ratio | 640.21% | 142.46% | 84.83% | 146.17% | 159.98% | 39.34% |
| Buyback Yield / Dilution | -0.20% | 5.54% | 4.09% | 1.13% | -19.86% | -23.77% |
| Total Shareholder Return | 20.54% | 20.33% | 18.69% | 13.81% | -9.02% | -21.82% |