Company research
26North BDC, Inc.
CIK 1950976
Filing activity
Latest filing
19 filings on record · 8-K, SCHEDULE 13G/A, 10-Q, 4, DEFA14A, DEF 14A.
Recent filings
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
SCHEDULE 13G/A filing
10-Q filing
4 filing
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 1,437,832,000Source | 687,987,000Source | 132,669,000Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 5,949,000Source | 12,923,000Source | 67,664,000Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 829,703,000Source | 335,864,000Source | 62,378,000Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 24,000Source | 14,000Source | 3,000Source |
| Retained Earnings (Accumulated Deficit)USD | 4,298,000Source | 4,461,000Source | 0Source |
| Stockholders' Equity Attributable to ParentUSD | 608,129,000Source | 352,123,000Source | 70,291,000Source |
| Additional Paid in Capital, Common StockUSD | 603,807,000Source | 347,648,000Source | 70,288,000Source |
| Liabilities and EquityUSD | 1,437,832,000Source | 687,987,000Source | 132,669,000Source |
| Additional Financial Items | |||
| Long-term DebtUSD | 779,160,000Source | 328,390,000Source | 52,250,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 46,969,000Source | 14,329,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -651,248,000Source | -595,363,000Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 657,197,000Source | 540,622,000Source |
| Dividends paid | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 55,000Source | -55,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 5,949,000Source | -54,741,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 5,949,000Source | 12,923,000Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 28,198,000Source | 9,795,000Source |
| Additional Financial Items | ||
| Amortization of Debt Issuance CostsUSD | 2,794,000Source | 940,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,794,000Source | 940,000Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -812,000Source | — |
| General and Administrative ExpenseUSD | 3,011,000Source | 1,968,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,971,000Source | 817,000Source |
| InvestmentCompanyDistributionOrdinaryIncomeUSD | 47,000,000Source | 10,792,000Source |
| Net Income (Loss) Attributable to ParentUSD | 46,969,000Source | 14,329,000Source |
| Payments of Financing CostsUSD | 2,665,000Source | 2,966,000Source |
| Proceeds from Issuance of Common StockUSD | 256,308,000Source | 278,295,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -812,000Source | 527,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | 46,969,000Source | 14,329,000Source |
| Earnings Per Share, BasicUSD per share | 2.46Source | 2.22Source |
| Earnings Per Share, DilutedUSD per share | 2.46Source | 2.22Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 19,058,441Source | 6,456,234Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 19,058,441Source | 6,456,234Source |
| Additional Financial Items | ||
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -812,000Source | — |
| General and Administrative ExpenseUSD | 3,011,000Source | 1,968,000Source |
| Interest Expense, DebtUSD | 37,762,000Source | 12,202,000Source |
| Interest Income, OperatingUSD | 109,515,000Source | 35,508,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,971,000Source | 817,000Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 47,781,000Source | 13,802,000Source |
| Management Fee ExpenseUSD | 7,891,000Source | 2,282,000Source |
| Net Investment IncomeUSD | 47,920,000Source | 13,923,000Source |
| Other IncomeUSD | 942,000Source | 885,000Source |