Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 34

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 34
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 $6.6 million and provision for taxes totaled $2.6 million.Net Investment IncomeFor the years ended September 30, 2025 and 2024 net investment income totaled $46.1 million, or $0.71 per share, and $60.1 million, or $0.92 per share, respectively. The decrease in net investment income was primarily due to a decrease in investment income and partially offset by a decrease in expenses.Net Realized Gains or LossesFor the years ended September 30, 2025 and 2024 net realized gain (loss) totaled $(52.4) million and $(33.6) million, respectively. The change in realized gains/losses was primarily due to changes in market conditions of our investments and the values at which they were realized and the fluctuations in the market and in the economy, as discussed above under “Forward-Looking Statements". Unrealized Appreciation or Depreciation on Investments and DebtFor the years ended September 30, 2025 and 2024, we reported net change unrealized appreciation (depreciation) on investments of $39.2 million and $26.8 million, respectively. As of September 30, 2025 and 2024, our net unrealized appreciation (depreciation) on investments totaled $50.4 million and $11.2 million, respectively.  The net change in unrealized appreciation on our investments was primarily due to changes in the capital market conditions of our investments and the values at which they were realized and the fluctuation in the market and in the economy, as discussed above under the “Forward-Looking Statements”.For the years ended September 30, 2025 and 2024, we reported a net unrealized appreciation (depreciation) in our Truist Credit Facility of $(0.1) million and $(4.4) million, respectively. As of September 30, 2025 and 2024, our net unrealized appreciation (depreciation) on our Truist Credit Facility totaled $(1.0) million and $(1.1) million, respectively. The net change in unrealized appreciation (depreciation) compared to the same periods in their prior periods was primarily due to changes in the capital markets, as further discussed above under “Forward-Looking Statements”.Net Change in Net Assets Resulting From OperationsNet change in net assets resulting from operations totaled $32.7 million, or $0.50