RWAY Financial Statements

Balance sheet, income statement, cash flow, and dividends for Runway Growth Finance Corp (RWAY).


$409.90M Market Cap.

As of 03/20/2025 5:00 PM ET (MRY) • Disclaimer

RWAY Market Cap. (MRY)


RWAY Shares Outstanding (MRY)


RWAY Assets (MRY)


Total Assets

$1.09B

Total Liabilities

$576.49M

Total Investments

$1.08B

RWAY Income (MRY)


Revenue

$144.63M

Net Income

$73.61M

Operating Expense

$5.99M

RWAY Cash Flow (MRY)


CF Operations

$69.76M

CF Investing

$0

CF Financing

-$66.98M

RWAY Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$1.79

16.30%

32.59%

94.71%

1.06

2023

$1.35

10.70%

7.14%

123.85%

0.81

2022

$1.26

10.90%

404.00%

159.49%

0.63

2021

$0.25

2.00%

0%

18.80%

5.32

2020

$0

-

-

0%

-

RWAY Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$1,091,355,000 (1.13%)

$1,079,153,000 (-5.48%)

$1,141,766,000 (54.64%)

$738,348,000 (15.39%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$514,869,000 (-5.89%)

$547,071,000 (-5.03%)

$576,052,000 (-4.97%)

$606,195,000 (30.02%)

Property Plant & Equipment Net

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Cash & Equivalents

$5,751,000 (93.64%)

$2,970,000 (-48.45%)

$5,761,000 (22.65%)

$4,697,000 (-68.45%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$1,076,840,000 (0.92%)

$1,067,009,000 (-5.26%)

$1,126,309,000 (54.39%)

$729,516,000 (17.32%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$14,106,000 (12.85%)

$12,500,000 (41.92%)

$8,808,000 (46.56%)

$6,010,000 (4087.72%)

Accumulated Retained Earnings (Deficit)

-$43,496,000 (8.69%)

-$47,637,000 (-146.57%)

-$19,320,000 (-7135.96%)

-$267,000 (71.68%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$552,332,000 (8.28%)

$510,078,000 (-7.08%)

$548,957,000 (341.77%)

$124,264,000 (-25.62%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$576,486,000 (8.35%)

$532,082,000 (-5.95%)

$565,714,000 (328.08%)

$132,153,000 (-23.90%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

RWAY Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$144,632,000 (-11.92%)

$164,209,000 (51.27%)

$108,552,000 (52.12%)

$71,358,000 (23.83%)

Cost of Revenue

$30,273,000 (-15.34%)

$35,757,000 (42.66%)

$25,065,000 (37.56%)

$18,221,000 (29.29%)

Selling General & Administrative Expense

$1,986,000 (-6.54%)

$2,125,000 (110.40%)

$1,010,000 (15.83%)

$872,000 (14.14%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$5,990,000 (-5.97%)

$6,370,000 (-4.05%)

$6,639,000 (49.12%)

$4,452,000 (21.57%)

Interest Expense

$44,226,000 (2.51%)

$43,143,000 (213.63%)

$13,756,000 (438.61%)

$2,554,000 (140.04%)

Income Tax Expense

$392,000 (-40.96%)

$664,000 (128.18%)

$291,000 (29000.00%)

$1,000 (0.00%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$73,609,000 (66.01%)

$44,341,000 (37.49%)

$32,250,000 (-29.31%)

$45,619,000 (-2.90%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$73,609,000 (66.01%)

$44,341,000 (37.49%)

$32,250,000 (-29.31%)

$45,619,000 (-2.90%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$73,609,000 (66.01%)

$44,341,000 (37.49%)

$32,250,000 (-29.31%)

$45,619,000 (-2.90%)

Weighted Average Shares

$38,852,271 (-4.09%)

$40,509,269 (-1.13%)

$40,971,242 (19.86%)

$34,183,358 (23.77%)

Weighted Average Shares Diluted

$38,852,271 (-4.09%)

$40,509,269 (-1.13%)

$40,971,242 (19.86%)

$34,183,358 (23.77%)

Earning Before Interest & Taxes (EBIT)

$118,227,000 (34.12%)

$88,148,000 (90.40%)

$46,297,000 (-3.90%)

$48,174,000 (0.27%)

Gross Profit

$114,359,000 (-10.97%)

$128,452,000 (53.86%)

$83,487,000 (57.12%)

$53,137,000 (22.06%)

Operating Income

$108,369,000 (-11.23%)

$122,082,000 (58.86%)

$76,848,000 (57.85%)

$48,685,000 (22.11%)

RWAY Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow from Financing

-$66,977,000 (41.87%)

-$115,228,000 (-131.93%)

$360,910,000 (606.88%)

$51,057,000 (-32.08%)

Net Cash Flow from Operations

$69,758,000 (-37.96%)

$112,437,000 (131.25%)

-$359,846,000 (-487.54%)

-$61,246,000 (42.27%)

Net Cash Flow / Change in Cash & Cash Equivalents

$2,781,000 (199.64%)

-$2,791,000 (-362.31%)

$1,064,000 (110.44%)

-$10,189,000 (67.04%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Repayment) of Debt Securities

$38,834,000 (197.09%)

-$40,000,000 (-109.45%)

$423,303,000 (1078.17%)

-$43,275,000 (-234.29%)

Issuance (Purchase) of Equity Shares

-$35,951,000 (0%)

$0 (0%)

-$10,816,000 (-109.07%)

$119,294,000 (137.09%)

Payment of Dividends & Other Cash Distributions

-$69,860,000 (4.72%)

-$73,322,000 (-42.12%)

-$51,593,000 (-187.46%)

-$17,948,000 (-147.01%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

RWAY Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

79.10% (1.15%)

78.20% (1.69%)

76.90% (3.22%)

74.50% (-1.32%)

Profit Margin

50.90% (88.52%)

27.00% (-9.09%)

29.70% (-53.52%)

63.90% (-21.60%)

EBITDA Margin

81.70% (52.14%)

53.70% (26.06%)

42.60% (-36.89%)

67.50% (-19.06%)

Return on Average Equity (ROAE)

14.30% (83.33%)

7.80% (41.82%)

5.50% (-38.20%)

8.90% (-22.61%)

Return on Average Assets (ROAA)

6.90% (72.50%)

4.00% (14.29%)

3.50% (-49.28%)

6.90% (-24.18%)

Return on Sales (ROS)

81.70% (52.14%)

53.70% (26.06%)

42.60% (-36.89%)

67.50% (-19.06%)

Return on Invested Capital (ROIC)

7.40% (34.55%)

5.50% (44.74%)

3.80% (-37.70%)

6.10% (-22.78%)

Dividend Yield

16.30% (52.34%)

10.70% (-1.83%)

10.90% (445.00%)

2.00%

Price to Earnings Ratio (P/E)

5.8 (-49.91%)

11.58 (-21.08%)

14.67 (52.20%)

9.64

Price to Sales Ratio (P/S)

2.94 (-5.43%)

3.11 (-28.83%)

4.37 (-28.77%)

6.14

Price to Book Ratio (P/B)

0.8 (-14.78%)

0.93 (14.60%)

0.81 (-6.86%)

0.88

Debt to Equity Ratio (D/E)

1.12 (15.11%)

0.97 (-0.92%)

0.98 (350.46%)

0.22 (-41.40%)

Earnings Per Share (EPS)

1.89 (73.39%)

1.09 (37.97%)

0.79 (-40.60%)

1.33 (-21.76%)

Sales Per Share (SPS)

3.72 (-8.16%)

4.05 (53.04%)

2.65 (26.87%)

2.09 (0.05%)

Free Cash Flow Per Share (FCFPS)

1.79 (-35.34%)

2.78 (131.61%)

-8.78 (-390.12%)

-1.79 (53.35%)

Book Value Per Share (BVPS)

13.25 (-1.87%)

13.51 (-3.95%)

14.06 (-20.72%)

17.73 (5.05%)

Tangible Assets Book Value Per Share (TABVPS)

28.09 (5.44%)

26.64 (-4.40%)

27.87 (29.01%)

21.6 (-6.78%)

Enterprise Value Over EBIT (EV/EBIT)

8 (-27.27%)

11 (-35.29%)

17 (21.43%)

14

Enterprise Value Over EBITDA (EV/EBITDA)

8.03 (-24.53%)

10.63 (-38.50%)

17.29 (24.68%)

13.87

Asset Turnover

0.14 (-8.78%)

0.15 (24.37%)

0.12 (9.17%)

0.11 (-2.68%)

Current Ratio

-

-

-

-

Dividends

$1.79 (32.59%)

$1.35 (7.14%)

$1.26 (404.00%)

$0.25 (0%)

Free Cash Flow (FCF)

$69,758,000 (-37.96%)

$112,437,000 (131.25%)

-$359,846,000 (-487.54%)

-$61,246,000 (42.27%)

Enterprise Value (EV)

$948,794,857 (1.23%)

$937,266,975 (17.09%)

$800,445,278 (19.83%)

$668,009,451

Earnings Before Tax (EBT)

$74,001,000 (64.43%)

$45,005,000 (38.30%)

$32,541,000 (-28.67%)

$45,620,000 (-2.90%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$118,227,000 (34.12%)

$88,148,000 (90.40%)

$46,297,000 (-3.90%)

$48,174,000 (0.27%)

Invested Capital

$1,637,936,000 (3.26%)

$1,586,261,000 (-5.86%)

$1,684,962,000 (96.40%)

$857,915,000 (8.31%)

Working Capital

-

-

-

-

Tangible Asset Value

$1,091,355,000 (1.13%)

$1,079,153,000 (-5.48%)

$1,141,766,000 (54.64%)

$738,348,000 (15.39%)

Market Capitalization

$409,899,857 (-19.82%)

$511,226,975 (8.85%)

$469,674,586 (-11.47%)

$530,499,471

Average Equity

$514,520,000 (-8.99%)

$565,316,750 (-2.81%)

$581,647,517 (12.85%)

$515,403,126 (26.61%)

Average Assets

$1,069,026,750 (-3.44%)

$1,107,109,500 (21.51%)

$911,143,199 (38.54%)

$657,676,413 (27.95%)

Invested Capital Average

$1,592,615,000 (-1.26%)

$1,612,942,750 (31.91%)

$1,222,736,672 (54.73%)

$790,263,318 (30.25%)

Shares

37,399,622 (-7.68%)

40,509,269 (-0.04%)

40,524,123 (-2.07%)

41,380,614 (34.26%)