Oxford Square Capital Corp. OXSQ

Nasdaq

Oxford Square Capital Corp. ("OXSQ," "Company," "we," "us," or "our") is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). We have elected to be treated for U.S. federal income tax purposes as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") beginning with our 2003 taxable year. Our investment objective is to maximize our portfolio's total return. Our primary current focus is to seek an attractive risk-adjusted total return by investing primarily in corporate debt securities and, to a lesser extent collateralized loan obligation ("CLO") structured finance investments that own corporate debt securities. CLO investments may also include warehouse facilities, which are early-stage CLO vehicles intended to aggregate loans that may be used to form the basis of a traditional CLO vehicle. We may also invest in publicly traded debt and/or equity securities. As a BDC, we may not acquire any asset other than "qualifying assets" unless, at the time we make the acquisition, the value of our qualifying assets represents at least 70% of the value of our total assets.

Last close 1.30 2026-10-23
Market cap $140.0M 2026-06-30 share count
52-week range 1.05 - 2.05

Valuation FY2025 figures against the last close

P/S—
P/E4.3x
P/FCF—
EV/EBITDA—
Dividend yield22.4%
Diluted EPS0.30

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
SG&A $615.7K$597.9K$638.4K$583.7K$521.5K$591.5K—
Total operating expenses $17.7M$16.2M$24.5M$22.4M$21.1M$16.2M—
Interest expense $9.2M$7.8M$10.8M$25.2M$10.5M$7.9M—
Net income -$18.7M$5.9M$17.2M-$85.6M$39.6M——
EPS, basic 0.300.420.510.420.32——
EPS, diluted 0.300.420.510.420.32——
Shares, diluted (wtd. avg.) 76.4M63.5M53.9M49.8M49.6M49.5M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $51.9M$34.9M$5.7M$9.0M$9.0M$59.1M$16.5M
Total assets $306.7M$299.7M$277.7M$328.0M$433.5M——
Short-term debt ——$1.5M————
Long-term debt ——$127.5M————
Total liabilities $161.3M$139.1M$126.4M$189.3M$188.9M——
Retained earnings -$378.5M-$328.0M-$307.4M-$296.6M———
Total equity $145.4M$160.7M$151.3M$138.7M$244.6M$225.4M$248.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$13.7M$25.7M$65.5M$20.4M-$107.4M$95.1M—
Financing cash flow $30.7M$3.5M-$68.8M-$20.4M$57.3M-$52.4M—
Dividends paid $31.3M$25.8M$28.6M$20.4M$20.4M$30.1M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-024280.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M -50M 0 50M Net income, FY2021: 39.6M Net income, FY2022: -85.6M Net income, FY2023: 17.2M Net income, FY2024: 5.9M Net income, FY2025: -18.7M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — —
Gross profit — — — — — — —
Net income — — $39.6M -$85.6M $17.2M $5.9M -$18.7M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.