Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monroe Capital maintains dividend coverage amid market challenges and growth opportunities

Monroe Capital's Q1 2024 performance remained steady, covering dividends and showcasing resilience despite challenges in market conditions and leverage increase.
The company's strengths in providing flexible capital solutions and managing portfolios effectively position it well to navigate competitive credit markets and capitalize on growth opportunities.

Monroe Capital reports mixed Q3 results, secures $1B seed capital

Monroe Capital's Q3 performance reflects a mix of positive income generation and operational challenges.
The company's strengths lie in securing new seed capital, maintaining a diversified investment portfolio, and aligning with market trends.
Challenges include managing expenses, optimizing operational efficiency, and balancing income with costs.
Opportunities for growth stem from strategic transactions, increasing middle-market loan volumes, and leveraging new capital for expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of The Omerta Group by Kingsley Gate Partners, an existing portfolio company of Crescent Cove Private Equity.

Monroe Capital Supports Kingsley Gate Partners' Acquisition of The Omerta Group

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of ITK Solutions Group LLC (“ITK”) by Argano, an existing portfolio company of Trinity Hunt Partners.

Monroe Capital Supports Argano's Acquisition of ITK Solutions Group, LLC

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the refinancing of Prototek Holdings LLC (“Prototek”), an existing portfolio company of TruArc Partners.

Monroe Capital Supports TruArc Partners' Investment in Prototek

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Wpromote by private equity sponsor ZMC.

Monroe Capital Supports ZMC's Acquisition of Wpromote

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the add-on acquisitions of Blue Star Security (“Blue Star”), ControlByNet, and MG Security Services, by Protos Security (“Protos”), an existing portfolio company of Southfield Capital.

Monroe Capital Supports Protos Security's Add-on Acquisitions

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Bellpark Horticulture (“Bellpark”) by AdeptAg, an existing portfolio company of LLR Partners.

Monroe Capital Supports AdeptAg's Acquisition of Bellpark Horticulture

Monroe Capital Corporation (NASDAQ:MRCC ) Q3 2022 Earnings Conference Call November 8, 2022 3:00 PM ET Company Participants Theodore Koenig - Chairman, President & CEO Mick Solimene - Chief Investment Officer and CFO Conference Call Participants Kevin Fultz - JMP Securities Robert Dodd - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Bryce Rowe - B Riley FBR Operator Welcome to Monroe Capital Corporation's Third Quarter 2022 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results or cash flows, particularly in light of the COVID-19 pandemic.

Monroe Capital Corporation (MRCC) Q3 2022 Earnings Call Transcript

CHICAGO, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the third quarter ended September 30, 2022.

Monroe Capital Corporation BDC Announces Third Quarter 2022 Results

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of a $502.5 million term debt securitization known as Monroe Capital MML CLO XIV, LTD.

Monroe Capital Closes $502.5 Million Collateralized Loan Obligation XIV

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of AutoCruitment, LLC (“AutoCruitment”) by QHP Capital L.P.

Monroe Capital Supports QHP Capital's Acquisition of AutoCruitment

CHICAGO, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter 2022 financial results on Monday, November 7, 2022, after the close of the financial markets.

Monroe Capital Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits' acquisition of DeliverLean by private equity sponsors General Atlantic, The Pritzker Organization, and Denali Capital LLC.

Monroe Capital Supports NationsBenefits' Acquisition of DeliverLean

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced today that its independent sponsor team has completed a debt and equity co-investment in SheerTrans Solutions LLC (“Sheer”), a leading provider of third-party logistics and managed transportation services. Monroe partnered on the transaction with Woodlawn Partners and Joe Egertson, the founder of Sheer, who will continue as CEO and has retained a significant ownership stake in the business. Headquartered in St. Louis, Missouri, with offices

Monroe Capital Supports Woodlawn Partners Growth Investment in SheerTrans Solutions

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it has expanded its institutional and high net worth business development team with the addition of Brian Dutzar, serving as Director and based in Chicago, Mark Friedrich, serving as Managing Director and based in Los Angeles, and Brian Lee, serving as Director and based in New York. Prior to Monroe, Brian Dutzar was an Executive Director at Perella Weinberg Partners/Agility, a firm specializing in Outsourced Chief Investment Officer

Monroe Capital Expands its Institutional and High Net Worth Business Development Team with Brian Dutzar, Mark Friedrich, and Brian Lee Hires

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Arizona Natural Resources' (“ANR”) acquisition of Contract Filling Inc. (“CFI”). ANR is an existing portfolio company of CORE Industrial Partners. ANR is a leading full-service contract manufacturer, formulator, and distributor of customized hair care, skin care, fragrance, and cosmetic products. Founded in 1983 and headquartered in

Monroe Capital Supports Arizona Natural Resources' Acquisition of Contract Filling Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support ASG II's acquisition of Hotel Effectiveness. ASG II is an existing portfolio company of Alpine Investors. Based in San Francisco, CA, ASG II is a software business that buys, builds, and operates vertical-focused SaaS companies across mortgage, hospitality, and commercial real estate end-markets. Hotel Effectiveness is a hotel labor

Monroe Capital Supports ASG II's Acquisition of Hotel Effectiveness

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced Amanda Tallman has joined the firm as Vice President, Direct Originations. Amanda will be responsible for originating transactions direct to non-sponsored and family-owned businesses. She will be based in the firm's Chicago office. Prior to Monroe, Amanda was a Vice President at PNC Bank for nearly 10 years. While at PNC, she assisted middle market privately held businesses and their owners navigate various transformational

Monroe Capital Hires Amanda Tallman as Vice President on Direct Originations Team

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support three add-on acquisitions (Sonic Health, The Seismic Collaborative, and Aurora Healthcare Communications) and provide growth capital for Spectrum Science. Spectrum Science is an independent, integrated marketing, communications and media agency with end-to-end capabilities. Spectrum's team are experts in science-focused on strategic

Monroe Capital Supports Spectrum Science's Add-on Acquisitions

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Premiere Digital Services (“PDS”), a portfolio company of Clarion Capital Partners. Founded in 2008, PDS is a leading global digital media services, distribution and technology solutions company based in Los Angeles, California. The company is a provider of cloud-based digital asset delivery, supply chain man

Monroe Capital Supports Clarion Capital Partners' Recapitalization of Premiere Digital Services

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support three add-on acquisitions (Dalworth Restoration, Cousino Restoration, and RestorePro) and provide growth capital for FLEET Response, an existing portfolio company of Trinity Hunt Partners. Based in Englewood, CO, FLEET Response is a leading provider of residential and commercial restoration, mitigation, and repair services with loca

Monroe Capital Supports FLEET Response's Three Add-on Acquisitions

Monroe Capital Corp (NASDAQ:MRCC ) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Theodore Koenig - Chairman, President & CEO Lewis Solimene - CFO & CIO Conference Call Participants Kevin Fultz - JMP Securities Christopher Nolan - Ladenburg Thalmann & Co. Robert Dodd - Raymond James & Associates Operator Welcome to Monroe Capital Corporation's Second Quarter 2022 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results or cash flows, particularly in light of the COVID-19 pandemic.

Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q2 2022 Results - Earnings Call Transcript

Monroe Capital (MRCC) delivered earnings and revenue surprises of 0% and 3.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital (MRCC) Meets Q2 Earnings Estimates

CHICAGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2022.

Monroe Capital Corporation BDC Announces Second Quarter 2022 Results

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced Matt Rosenberg has joined the firm as Managing Director, Head of Media Finance. Matt will be responsible for originating new investments across the capital structure for acquisition, growth financing and recapitalizations for the media and entertainment industry, which includes film, television, music, talent representation, digital media, and intellectual property. Prior to Monroe, Matt was a Director at MUFG where he led

Monroe Capital Hires Matthew Rosenberg to Head Media Vertical

Apollo Investment

Ares Capital

Blackstone Secured Lending Fund

TCG BDC

Capital Southwest

Fidus Investment

FS KKR Capital Corp

Gladstone Investment

Golub Capital BDC

Gladstone Capital

Goldman Sachs BDC

Hercules Capital

Main Street Capital

Oaktree Specialty Lending

Owl Rock Capital Corp

PennantPark Floating Rate Capital

PennantPark Investment

Prospect Capital

TCP Capital

Triplepoint Venture Growth BDC

Sixth Street Specialty Lending

This should be excellent timing for a discussion of investment grade (“IG”) notes/bonds for lower-risk investors that do not mind lower yields/returns. These notes were previously overpriced, but prices have declined and are now at attractive levels, most of which are yielding between 5% and 8%.

News for Monroe Capital ETF (MRCC)