Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.
Revenue of Logan Ridge Finance Corporation (LRFC)
Revenue in 2023 (TTM): $3.78 M
According to Logan Ridge Finance Corporation's latest financial reports the company's current revenue (TTM) is $3.78 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Logan Ridge Finance Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.78 M | $3.78 M | $3.78 M | $-2,482,000 | $-2,482,000 |
| 2022 | $13.67 M | $9.31 M | $ | $-12,024,000 | $-12,024,000 |
| 2021 | $4.04 M | $-1,217,000 | $14.74 M | $-1,918,000 | $-1,918,000 |
| 2020 | $-30,786,000 | $-61,572,000 | $2.4 M | $-35,447,000 | $-35,447,000 |
| 2019 | $-22,612,000 | $-45,224,000 | $ | $-27,019,000 | $-27,647,000 |
| 2018 | $12.49 M | $-1,002,000 | $-659,000 | $-17,942,000 | $-16,026,000 |
| 2017 | $26.9 M | $26.86 M | $13.13 M | $-5,695,000 | $-6,984,000 |
| 2016 | $11.28 M | $-4,474,000 | $28.86 M | $9.15 M | $9.15 M |
| 2015 | $16.84 M | $1.27 M | $32.87 M | $13.85 M | $13.85 M |
| 2014 | $620 K | $-2,725,000 | $ | $-3,440,000 | $-3,440,000 |
| 2013 | $29.83 M | $29.83 M | $37.24 M | $28.86 M | $28.86 M |
| 2012 | $49.54 M | $24.94 M | $57.42 M | $49.57 M | $49.57 M |
| 2011 | $25.92 M | $25.92 M | $30.81 M | $25.34 M | $25.34 M |