Fidus (FDUS) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Fri, February 27, 2026 astatine 10:31 AM CST 27 min read

Image source: The Motley Fool.

Friday, February 27, 2026 astatine 9 a.m. ET

• Chairman and Chief Executive Officer — Edward H. Ross

• Chief Financial Officer — Shelby Elizabeth Sherard

• Investor Relations — Jody Burfening

Operator: Good day, and invited to the Fidus Investment Corporation's 4th fourth 2025 net league call. All participants volition beryllium successful listen-only mode. To inquire a question, you whitethorn property prima past 1 connected a touch-tone phone. To retreat your question, delight property prima past 2. Please enactment this lawsuit is being recorded. I would present similar to crook the league implicit to Jody Burfening. Please spell ahead.

Jody Burfening: Thank you, Dave, and bully morning, everyone. And convey you for joining america for Fidus Investment Corporation's 4th fourth 2025 net league call. With maine this greeting are Edward H. Ross, Fidus Investment Corporation's president and main enforcement officer, and Shelby Elizabeth Sherard, main fiscal officer. Fidus Investment Corporation issued a property merchandise yesterday day with the details of the company's quarterly fiscal results. A transcript of the property merchandise is disposable connected the Investor Relations leafage of the company's website astatine fdus.com. I'd besides similar to telephone your attraction to the customary harmless harbor disclosure regarding forward-looking accusation included connected today's call.

The league telephone contiguous volition incorporate forward-looking statements including statements regarding the goals, strategies, beliefs, aboriginal potential, operating results, and currency flows of Fidus Investment Corporation. Although absorption believes these statements are reasonable, based connected estimates, assumptions, and projections arsenic of today, 02/27/2026, these statements are not guarantees of aboriginal performance. Time-sensitive accusation whitethorn nary longer beryllium close astatine the clip of immoderate telephonic oregon webcast replay. Actual results whitethorn disagree materially arsenic a effect of risks, uncertainties, and different factors including, but not constricted to, the factors acceptable distant successful the company's filings with the Securities and Exchange Commission. Fidus Investment Corporation undertakes nary work to update oregon revise immoderate of these forward-looking statements.

With that, I would present similar to crook the telephone implicit to Edward. Good morning, Edward.

Edward H. Ross: Good morning, Jody. And bully morning, everyone. Welcome to our 4th fourth 2025 net league call. On today's call, I volition commencement with a reappraisal of our 4th fourth show and our portfolio astatine 4th end, and past stock with you our outlook for 2026. Shelby volition screen the 4th fourth fiscal results and our liquidity position. After we person completed our prepared remarks, we volition beryllium blessed to instrumentality your questions. During the 4th quarter, woody travel was strong, driven by a steadfast M&A situation compared to earlier successful the year. This resulted successful originations of $213,700,000, the highest magnitude of superior we person invested successful a quarter.