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Financial statements

PENNANTPARK INVESTMENT CORP financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data PENNANTPARK INVESTMENT CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2020FY2022FY2022FY2023FY2024FY2025
General and administrative2.082.322.893.844.874.3
Interest expense32.222.528.839.445.241.3
Net income-16167-24.7-33.848.932.7
Shares, basic (weighted)65.265.265.3
Shares, diluted (weighted)65.265.265.3

Balance sheet

FY2020FY2022FY2022FY2023FY2024FY2025
Cash and equivalents20.454.838.849.951.8
Total assets1,2951,3211,1571,3891,350
Total liabilities635735655895886
Paid-in capital787748746744741
Retained earnings-127-163-244-250-277
Shareholders' equity660586502494464
Total equity526660586502494464
Total liabilities and equity1,2951,3211,1571,3891,350
Shares outstanding676765.265.265.365.3

Cash flow statement

FY2020FY2022FY2022FY2023FY2024FY2025
Net income-16167-24.7-33.848.932.7
Change in payables0.625.580.12-2.70.29
Cash from operations-1307.91-17.3223-172105
Purchases of investments-334-457-943-280-784-754
Debt repaid-31.5-55-43.5-2000
Share buybacks0-13.200
Dividends paid-44.3-32.2-34.9-45.7-65.9-67.9
Cash from financing95.8-13.452-239183-103
Net change in cash-33.8-5.5232.6-16.2111.87
Interest paid31.217.125.537.743.339.7
Income taxes paid1.050.985.465.716.312.85

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $3.32 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)2.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)0.8%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-33.0%Net income vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-6.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-7.5%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-2.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y0.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets66.1%Total liabilities / total assets.
Tangible book value$428.0MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.16Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share$1.73Cash from operations / diluted weighted shares.
Book value per share$6.56Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$6.56Tangible book value / shares outstanding.
Cash per share$0.42(Cash + short-term investments) / shares outstanding.
Payout ratio618.7%Dividends paid / net income, when net income is positive.

Valuation

MetricValueHow it is calculated
Market cap$216.8MShare price x shares outstanding.
Enterprise value$189.1MMarket cap + total debt - cash - short-term investments.
P/E21.4xMarket cap / net income. Only when net income is positive.
P/B0.51xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.51xMarket cap / tangible book value, when positive.
P/OCF1.91xMarket cap / cash from operations, when positive.
Earnings yield4.7%Net income / market cap (the inverse of P/E).
Dividend yield28.9%Dividends paid over the period / market cap.
Shareholder yield28.9%(Dividends paid + share buybacks) / market cap.
Was PENNANTPARK INVESTMENT CORP profitable in fiscal 2025?

Yes. Net income was $32.7M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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