Stellus Capital (SCM) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, March 12, 2026 astatine 11:16 AM CDT 27 min read

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Thursday, March 12, 2026 astatine 11 a.m. ET

• Chairman and Chief Executive Officer — Robert Ladd

• Chief Financial Officer — Todd Huskinson

• Director of Investor Relations — Paul Johnson

Robert Ladd: Thank you, Paul. Good morning, everyone, and convey you for joining the call. Welcome to our league telephone covering the 4th and twelvemonth ended 12/31/2025. This morning's telephone volition beryllium longer and much in-depth than erstwhile calls. We person 5 topics to cover. First, the fiscal results for the 4th fourth and twelvemonth ended 12/31/2025, plus quality, including commentary regarding bundle exposure, outlook for 2026, our stock buyback programme precocious announced, and our concern advisor joining forces with Ridge Post Capital. Joining maine this greeting is Todd Huskinson, our Chief Financial Officer, who volition screen important accusation astir forward-looking statements arsenic good arsenic an overview of our fiscal information.

Paul Johnson: Thank you, Rob. I would similar to punctual everyone that today's telephone is being recorded. Please enactment that this telephone is the spot of Stellus Capital Investment Corporation and that immoderate unauthorized broadcast of this telephone successful immoderate signifier is strictly prohibited.

Todd Huskinson: Audio replay of the telephone volition beryllium disposable by utilizing the telephone numbers and PIN provided successful our property merchandise announcing this call. I would besides similar to telephone your attraction to the customary harmless harbor disclosure successful our property merchandise regarding forward-looking information. Today's league telephone whitethorn besides see forward-looking statements and projections; we inquire that you notation to our astir caller filing with the SEC for important factors that could origin existent results to disagree materially from these projections. We volition not update immoderate forward-looking statements unless required by law. To get copies of our latest SEC filings, delight sojourn our website astatine www.stelluscapital.com nether the Public Investors nexus oregon telephone america astatine (713) 292-5400.

Now I volition screen our operating results for the 4th fourth and year. I would similar to commencement with our life-to-date activity. Since our IPO successful November 2012, we person invested astir $2.8 cardinal successful implicit 220 companies and received astir $1.8 cardinal of repayments, portion maintaining unchangeable plus quality. We person paid $333 cardinal successful dividends to our investors, which represents $18.27 per stock to an capitalist successful our IPO successful November 2012, which was offered astatine $15 per share. In the 4th quarter, we generated $0.29 per stock of GAAP nett concern income, and halfway nett concern income was $0.29 per stock also, which excludes excise taxes.