Triplepoint Venture Growth BDC

TriplePoint Venture Growth reported a Q2 net gain from operations of USD 10.7 million (USD 0.26 per share), beating the consensus of USD 0.24. Total investment and other income were USD 22.14 million, however, below the forecast of USD 22.95 million. Net investment income fell from the prior quarter to USD 8.3 million, NAV rose slightly to USD 8.67 per share, and a special distribution of USD 0.12 per share was announced. Management emphasized a portfolio realignment with a focus on AI and other growth sectors; the stock showed a slight after-hours recovery but remains near the lower end of its 52-week range. » More on de.investing.com

TriplePoint Venture Growth reported Q4 earnings per share of $0.25 (expectation $0.26) and revenue of $22.54 million (expectation $23.84 million), slightly missing estimates. Net asset value per share rose to $8.73 at year-end, and net investment income for 2025 amounted to $42.3 million. The company significantly expanded its venture-debt activities and is positioning itself more in AI-supported sectors, but faces risks from interest-rate fluctuations and lower-yielding investments. The stock fell 0.38% in after-hours trading and closed at $5.30. » More on de.investing.com

TriplePoint Venture Growth has extended its revolving credit facility: revolving period now through 30 November 2027 and maturity now 30 May 2029. The amended agreement lowers financing costs, increases loan-to-value/advance rates and currently provides commitments of $300 million with an accordion option to $400 million. The decision comes despite missed Q3 results (EPS $0.26; revenue $22.66 million); the company shows a high dividend yield (14.15%) and continues to be subject to covenant-bound debt limits. » More on de.investing.com

TriplePoint Venture Growth reported Q3 2025 EPS of $0.26 and revenue of $22.66 million, missing analyst expectations of $0.29 and $24.3 million. Investment income amounted to $22.7 million with a focus on AI sectors, and the debt portfolio grew to $737 million. Management plans new investments of $25–50 million in Q4 and intends to refinance $200 million of bonds in early 2026; the quarterly dividend remains $0.23 plus a special distribution of $0.02. » More on de.investing.com

Belgian e‑bike startup Cowboy reports a 30% revenue decline in 2024 to €21.7m and losses of €21.2m; equity stands at −€43m and debt rose to €56m. The annual report cites significant uncertainties that raise serious doubts about the company’s ability to continue as a going concern. Cowboy attributes much of the problems to supplier Ming Cycle, blamed for a frame recall; recall costs are estimated at around €5.6m. An agreed financing with Rebirth Group and further funds from Triple Point Capital are expected to provide short‑term support; 2025 shows early signs of recovery, but the company’s continued existence remains uncertain. » More on heise.de