PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
Revenue of PennantPark Investment Corporation (PNNT)
Revenue in 2023 (TTM): $145.37 M
According to PennantPark Investment Corporation's latest financial reports the company's current revenue (TTM) is $145.37 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 PennantPark Investment Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $145.37 M | $145.37 M | $ | $-26,136,000 | $-33,807,000 |
| 2022 | $104.97 M | $-9,920,000 | $ | $-16,861,000 | $-24,740,000 |
| 2021 | $171.31 M | $151.63 M | $-18,532,681 | $167.22 M | $166.62 M |
| 2020 | $100.22 M | $-19,717,224 | $152.95 M | $-14,769,753 | $-15,969,753 |
| 2019 | $28.96 M | $5.58 M | $ | $17.12 M | $15.92 M |
| 2018 | $50.88 M | $23.34 M | $120.98 M | $47.71 M | $47.71 M |
| 2017 | $67.87 M | $34.64 M | $87.33 M | $63.41 M | $61.71 M |
| 2016 | $21.72 M | $-16,179,059 | $61.54 M | $21.09 M | $18.74 M |
| 2015 | $161.63 M | $-4,489,743 | $ | $-10,245,652 | $-10,245,652 |
| 2014 | $125.21 M | $125.21 M | $11.06 M | $111.06 M | $110.98 M |
| 2013 | $100.5 M | $100.5 M | $6.64 M | $91.72 M | $91.78 M |
| 2012 | $76.26 M | $62.04 M | $75.34 M | $63.66 M | $63.35 M |
| 2011 | $15.97 M | $1.07 M | $-21,016,017 | $10.49 M | $10.26 M |
| 2010 | $21.29 M | $1.65 M | $ | $16.63 M | $16.54 M |
| 2009 | $40.17 M | $40.17 M | $40.43 M | $35.8 M | $35.8 M |
| 2008 | $-36,685,394 | $-84,299,268 | $-40,702,939 | $-40,702,939 | $-40,702,939 |
| 2007 | $-15,297,307 | $-30,594,614 | $7.33 M | $-16,593,371 | $-16,699,251 |