Company research
Phillip Street BDC LLC
CIK 1948368
Filing activity
Latest filing
50 filings on record · 10-Q, 8-K, 4, 10-K, 40-17G, 3.
Recent filings
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
4 filing
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Regulation FD Disclosure
Items 7.01
10-K filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
40-17G filing
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 946,694,000Source | 637,726,000Source | 196,827,000Source | 98,147,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 469,709,000Source | 235,492,000Source | 25,257,000Source | 1,487,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 478,363,000Source | 401,831,000Source | 171,117,000Source | 97,054,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,378,000Source | 403,000Source | 453,000Source | -394,000Source |
| Stockholders' Equity Attributable to ParentUSD | 476,985,000Source | 402,234,000Source | 171,570,000Source | 96,660,000Source |
| Liabilities and EquityUSD | 946,694,000Source | 637,726,000Source | 196,827,000Source | 98,147,000Source |
| Additional Financial Items | ||||
| Dividends PayableUSD | — | — | 5,162,000Source | 0Source |
| Long-term DebtUSD | 449,850,000Source | 220,100,000Source | 18,000,000Source | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 38,827,000Source | 24,676,000Source | 5,072,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -262,012,000Source | -402,674,000Source | -82,805,000Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 266,967,000Source | 408,245,000Source | 88,490,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | 5,685,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 16,353,000Source | 11,353,000Source | 5,789,000Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 18,288,000Source | 5,125,000Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 45,000Source | -7,000Source | — |
| Additional Financial Items | |||
| Amortization of Debt Issuance CostsUSD | 1,191,000Source | 976,000Source | 997,000Source |
| Dividends PayableUSD | — | — | 5,162,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 37,000Source | 521,000Source | — |
| Gain (Loss) on InvestmentsUSD | -2,455,000Source | -33,000Source | 449,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,589,000Source | 573,000Source | 11,000Source |
| InvestmentCompanyDistributionOrdinaryIncomeUSD | 40,139,000Source | 24,260,000Source | 5,162,000Source |
| Operating ExpensesUSD | 34,593,000Source | 17,696,000Source | 7,292,000Source |
| Payments of Financing CostsUSD | 128,000Source | 3,804,000Source | 3,605,000Source |
| Proceeds from Issuance of Common StockUSD | 37,500,000Source | 210,000,000Source | 75,000,000Source |
| Realized Investment Gains (Losses)USD | 56,000Source | 520,000Source | 18,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -2,556,000Source | -546,000Source | 431,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Earnings Per Share, BasicUSD per share | 1.82Source | 1.82Source | 0.87Source |
| Earnings Per Share, DilutedUSD per share | 1.82Source | 1.82Source | 0.87Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 21,366,040Source | 13,555,799Source | 5,824,201Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 21,366,040Source | 13,555,799Source | 5,824,201Source |
| Additional Financial Items | |||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 37,000Source | 521,000Source | — |
| Gain (Loss) on InvestmentsUSD | -2,455,000Source | -33,000Source | 449,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,589,000Source | 573,000Source | 11,000Source |
| Investment Company, Contractual Fee WaivedUSD | — | — | 286,000Source |
| Investment Income, NetUSD | 41,282,000Source | 24,709,000Source | 4,623,000Source |
| Management Fee ExpenseUSD | 5,613,000Source | 3,490,000Source | 1,441,000Source |
| Net Investment IncomeUSD | 41,282,000Source | 24,709,000Source | 4,623,000Source |
| Operating ExpensesUSD | 34,593,000Source | 17,696,000Source | 7,292,000Source |
| Other General and Administrative ExpenseUSD | 1,183,000Source | 909,000Source | 687,000Source |
| Realized Investment Gains (Losses)USD | 56,000Source | 520,000Source | 18,000Source |