GAINN reported a strong year-over-year revenue expansion in QQ4 2025, with revenue of $25.741 million and gross profit of $16.759 million, yielding a gross margin of approximately 65.1%. EBITDA stood at $17.873 million and net income was $17.873 million, supporting an earnings profile that, on a per-share basis, shows an EPS of -$1.29 in the reported figure due to share count and accounting presentation quirks in the dataset. The company generated robust operating cash flow of $115.082 million in the quarter, driving free cash flow of the same magnitude and enabling substantial distributions despite a leveraged balance sheet. Total assets were $1.006 billion, with long-term debt of $455.709 million and total liabilities of $507.320 million, yielding tangible equity of ~$499.084 million and a net debt position of ~$441.411 million. The quarter also reflects meaningful seasonality and quarterly volatility in revenue (Q3 2025 revenue was $42.070 million versus $25.741 million in Q4 2025), underscoring the need to monitor portfolio activity, fee income, and investment gains. The dividend payout amounted to $52.109 million in the period, implying a sizeable cash distribution alongside ongoing debt management. Overall, the QQ4 2025 results point to strong near-term cash generation and liquidity, but elevated leverage and inconsistent per-share metrics necessitate cautious interpretation and closer scrutiny of the portfolio credit quality and debt servicing capacity going forward.