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Runway Growth Finance (Runway Growth Finance) Net Income : $44.40 Mil (TTM As of Mar. 2024)


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What is Runway Growth Finance Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Runway Growth Finance's Net Income for the three months ended in Mar. 2024 was $12.05 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $44.40 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Runway Growth Finance's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.30.


Runway Growth Finance Net Income Historical Data

The historical data trend for Runway Growth Finance's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Runway Growth Finance Net Income Chart

Runway Growth Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 27.65 46.98 45.62 32.25 44.34

Runway Growth Finance Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.98 22.32 14.82 -4.79 12.05

Runway Growth Finance Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Runway Growth Finance's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=44.341+0+0+0
=44.34

Runway Growth Finance's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12.047+0+0+0
=12.05

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.40 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Runway Growth Finance  (NAS:RWAY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Runway Growth Finance's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Runway Growth Finance Net Income Related Terms

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Runway Growth Finance (Runway Growth Finance) Business Description

Traded in Other Exchanges
N/A
Address
205 N. Michigan Avenue, Suite 4200, Chicago, IL, USA, 60601
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries.
Executives
Ocm Growth Holdings Llc director, 10 percent owner 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Thomas B. Raterman officer: CFO, Treasurer and Secretary C/O GSV GROWTH CREDIT FUND INC., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
R David Spreng director, officer: President and CEO 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402
Gregory M Share director THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Gregory Louis Greifeld officer: Acting Chief Executive Officer C/O RUNWAY GROWTH FINANCE CORP., 205 N. MICHIGAN AVENUE, SUITE 4200, CHICAGO IL 60601
Brookfield Multi-strategy Master Fund Lp 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Asset Management Ulc 10 percent owner BROOKFIELD PLACE, 181 BAY STREET SUITE 100, TORONTO A6 M5J 2T3
Brookfield Asset Management Ltd. 10 percent owner 181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
Oaktree Opportunities Fund Xb Holdings (delaware), L.p. 10 percent owner 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
John F. Engel director 205 N. MICHIGAN AVE., SUITE 4200, CHICAGO IL 60601
Brookfield Us Inc. 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Multi-strategy Fund Gp Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Bhs Advisors Llc 10 percent owner 395 NINTH AVENUE 52ND FLOOR, NEW YORK NY 10001
Brookfield Public Securities Group Holdings Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Holdings Canada Inc. 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3