Capital Southwest Corporation (CSWCZ)

Financial Services | Asset Management

Income Statement (Quarterly)	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenue	56,945,000	77,880,000	88,438,000	41,330,000
Cost of Revenue	0	1,684,000	-2,598,000	0
Gross Profit	0	76,196,000	-114,497,000	26,613,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	5,638,000	6,823,000	5,703,000	2,641,000
Operating Expenses	22,928,000	7,966,000	63,297,000	6,969,000
Operating Income	0	45,734,000	-82,384,000	19,644,000
Interest Expense	0	15,264,000	39,751,000	14,717,000
Income Before Tax	34,017,000	30,470,000	63,097,000	19,644,000
Income Tax Expense	2,033,000	3,469,000	2,098,000	3,376,000
Net Income	31,984,000	27,001,000	60,999,000	16,268,000
Per Share
EPS	0.57	0.50	1.33	0.34
EPS Diluted	0.00	0.00	0.00	0.00

Income Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Revenue	157,730,000	138,526,000	90,326,000	83,002,000
Cost of Revenue	0	43,088,000	28,873,000	2,230,000
Gross Profit	204,439,000	109,061,000	58,703,000	80,772,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	22,070,000	8,949,000	7,812,000	6,566,000
Operating Expenses	29,033,000	24,459,000	21,387,000	36,162,000
Operating Income	134,779,000	84,602,000	40,066,000	66,764,000
Interest Expense	54,959,000	43,088,000	28,873,000	19,924,000
Income Before Tax	79,413,000	84,602,000	40,066,000	46,840,000
Income Tax Expense	8,865,000	1,213,000	6,973,000	4,025,000
Net Income	70,548,000	83,389,000	33,093,000	42,815,000
Per Share
EPS	1.47	2.05	1.10	1.87
EPS Diluted	0.00	0.00	0.00	0.00

Balance Sheet (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	43,221,000	32,273,000	21,585,000	11,431,000
Short Term Investments	0	0	0	0
Net Receivables	32,321,000	30,204,000	19,077,000	14,344,000
Inventory	0	0	22,316,000	27,277,000
Total Current Assets	75,542,000	62,477,000	21,585,000	25,775,000
Property Plant Equipment	0	2,400,000	1,800,000	1,800,000
Goodwill and Intangibles	0	-1,124,000	1,204,369,000	0
Total Assets	1,882,840,000	1,556,758,000	1,257,684,000	973,957,000
Liabilities
Account Payables	0	0	0	0
Short Term Debt	223,107,000	0	23,836,000	16,652,000
Total Current Liabilities	225,876,000	281,000	156,000	1,240,000
Long Term Debt	956,065,000	774,053,000	637,644,000	528,588,000
Total Liabilities	999,207,000	801,082,000	667,276,000	553,090,000
Shareholders Equity
Retained Earnings	-88,718,000	-52,532,000	-41,845,000	-10,256,000
Total Shareholders Equity	883,633,000	755,676,000	590,408,000	420,867,000

Balance Sheet (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	43,221,000	32,273,000	21,585,000	11,431,000
Short Term Investments	0	0	0	0
Net Receivables	32,321,000	30,204,000	19,077,000	14,344,000
Inventory	0	0	22,316,000	27,277,000
Total Current Assets	75,542,000	62,477,000	21,585,000	25,775,000
Property Plant Equipment	0	2,400,000	1,800,000	1,800,000
Goodwill and Intangibles	0	-1,124,000	1,204,369,000	0
Total Assets	1,882,840,000	1,556,758,000	1,257,684,000	973,957,000
Liabilities
Account Payables	0	0	0	0
Short Term Debt	223,107,000	0	23,836,000	16,652,000
Total Current Liabilities	225,876,000	281,000	156,000	1,240,000
Long Term Debt	956,065,000	774,053,000	637,644,000	528,588,000
Total Liabilities	999,207,000	801,082,000	667,276,000	553,090,000
Shareholders Equity
Retained Earnings	-88,718,000	-52,532,000	-41,845,000	-10,256,000
Total Shareholders Equity	883,633,000	755,676,000	590,408,000	420,867,000

Cash Flow Statement (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	70,548,000	83,389,000	33,093,000	42,815,000
Depreciation & Amortization	5,865,000	4,304,000	2,750,000	2,230,000
Stock Based Compensation	0	0	3,705,000	-2,402,000
Change in Working Capital	-4,727,000	-3,861,000	-3,881,000	-2,515,000
Operating Cash Flow	-217,258,000	-188,496,000	-227,100,000	-182,675,000
Investing Activities
Capital Expenditure	0	-13,000	-281,000	-1,995,000
Investments	0	-13,000	-281,000	-1,995,000
Investing Cash Flow	-1,666,000	-13,000	-281,000	-1,995,000
Financing Activities
Debt Repayment	182,564,000	131,915,000	-155,000,000	-355,000,000
Common Stock Issued/Repurchased	178,493,000	181,453,000	201,935,001	96,733,000
Dividends Paid	-125,267,000	-102,925,000	-71,102,000	-58,624,000
Financing Cash Flow	231,522,000	199,197,000	237,535,000	164,488,000
Summary
Free Cash Flow	-217,258,000	-188,509,000	-227,381,000	-184,670,000
Net Change in Cash	12,598,000	10,688,000	10,154,000	-20,182,000

Cash Flow Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	70,548,000	83,389,000	33,093,000	42,815,000
Depreciation & Amortization	5,865,000	4,304,000	2,750,000	2,230,000
Stock Based Compensation	0	0	3,705,000	-2,402,000
Change in Working Capital	-4,727,000	-3,861,000	-3,881,000	-2,515,000
Operating Cash Flow	-217,258,000	-188,496,000	-227,100,000	-182,675,000
Investing Activities
Capital Expenditure	0	-13,000	-281,000	-1,995,000
Investments	0	-13,000	-281,000	-1,995,000
Investing Cash Flow	-1,666,000	-13,000	-281,000	-1,995,000
Financing Activities
Debt Repayment	182,564,000	131,915,000	-155,000,000	-355,000,000
Common Stock Issued/Repurchased	178,493,000	181,453,000	201,935,001	96,733,000
Dividends Paid	-125,267,000	-102,925,000	-71,102,000	-58,624,000
Financing Cash Flow	231,522,000	199,197,000	237,535,000	164,488,000
Summary
Free Cash Flow	-217,258,000	-188,509,000	-227,381,000	-184,670,000
Net Change in Cash	12,598,000	10,688,000	10,154,000	-20,182,000