Here’s The 2Q 2014 Revenue Report Of Full Circle Capital Corporation (NASDAQ:FULL)

Boston, MA, 03/12/2014 – Full Circle Capital Corporation (NASDAQ:FULL) finally exposed its financial report for the 2Q2014 in an evening meeting held on February 10, 2014. The total investment income for the second quarter of the fiscal 2014 was reported to be $4 million this time, which is exactly 29% more than the last quarter of 2013. The reading is also 24.3% greater than the 1Q2014. This shows that the company has some big news to highlight this time.

What the data reads!

The net income investment also showed a rise of $.03 per share from the last quarter of 2013 and $0.09 per share as compared to the first quarter of fiscal 2014. The net realized and unrealized losses are reported to be $3.1 million or $0.41 per share out of which $0.34 per share was the difference in unrealized losses and the rest $0.07 per share is the change reported in realized losses. CSL Operating LLC, iMedx Inc. and Employment Plus were some companies that were related to the part of unrealized losses.

The portfolio investment recorded on the final day of the year 2013 was $75.9 million, which was much less as compared to $94.6 million on September 31, 2013. Also, facilities with latest origination and expansion have been provided to existing borrowers. This amount was observed to be $5 million. The reading includes an extra portfolio company which is new in the list this time.

The last year records

About 90% of portfolio investments on December 31, 2013 were related to first lien senior secured loans. The Board of Directors of Full Circle Capital Corporation (NASDAQ:FULL) also declared the details and list of monthly distributors for the 4Q2014 in an event held on February 5, 2014. Full Circle Capital Co. seems to fully set up with its financial plan for this fiscal year. The results of the second quarter have eventually come up with some positive response.

Like it? Share it!

Leave A Response