Company: GAINI
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001321741-25-000018
Chunk: 35

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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4xRevenue$21,248 – $94,874 /$75,263$6,690 – $102,791 / $72,303Secured second lien debt93,340 90,956 TEVEBITDA multiple5.5x – 7.3x / 6.7x6.1x – 7.2x / 6.8xEBITDA$5,350 – $26,487 /$18,346$3,637 – $24,234 / $16,900— 12,624 Yield AnalysisDiscount RateN/A20.7% – 20.7% / 20.7%Preferred equity325,997 302,163 TEVEBITDA multiple3.7x – 8.0x / 6.1x3.7x – 7.9x /6.1xEBITDA$408 – $25,038 /$9,859$2,153 – $25,038 / $11,029Revenue multiple0.3x – 0.6x / 0.4x0.3x – 0.6x / 0.4xRevenue$21,248 – $94,874 /$72,647$6,690 – $102,791 / $53,604Common equity/equivalents55,341 54,268 TEVEBITDA multiple5.5x – 7.3x / 6.9x5.5x – 7.2x / 6.8xEBITDA$894 – $26,487 / $19,788$1,208 – $24,234 / $18,562Total$1,031,735 $974,345 Fair value measurements can be sensitive to changes in one or more of the valuation inputs. Changes in discount rates, EBITDA or EBITDA multiples (or revenue or revenue multiples), each in isolation, may change the fair value of certain of our investments. Generally, an increase/(decrease) in market yields or discount rates or a (decrease)/increase in EBITDA or EBITDA multiples (or revenue or revenue multiples) may result in a (decrease)/increase in the fair value of certain of our investments.

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Changes in Level 3 Fair Value Measurements of InvestmentsThe following tables provide our portfolio’s changes in fair value, broken out by security type, during the three months ended