Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 22

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 90,556 ExpensesInterest and other financing expenses31,374 31,016 Management fee10,233 10,997 Incentive fee8,247 9,389 Professional fees1,389 1,067 Administrative expenses1,104 968 Other general and administrative expenses516 465 Total expenses52,863 53,902 Less: management and incentive fees waived (See Note 5) (1,822)(901)Net expenses51,041 53,001 Net investment income before income taxes34,622 37,555 Income tax (benefit) expense(19)1 Net investment income34,641 37,554 Net realized (losses) gains:Non-controlled/non-affiliated investments(1,074)(11,858)Controlled investments38,899 31 Net change in unrealized appreciation (depreciation):Non-controlled/non-affiliated investments4,206 23,160 Non-controlled/affiliated investments(4,891)(22,463)Controlled investments(48,392)2,320 Foreign currency150 (23)Provision for taxes (22)(637)Net realized and unrealized losses(11,124)(9,470)Net increase in net assets resulting from operations23,517 28,084 Less: Net increase in net assets resulting from operations related to non-controlling interest in New Mountain Net Lease Corporation(104)(676)Net increase in net assets resulting from operations related to New Mountain Finance Corporation$23,413 $27,408 Basic earnings per share$0.22 $0.26 Weighted average shares of common stock outstanding - basic (See Note 11)107,851,415 103,660,370 Diluted earnings per share$0.22 $0.26 Weighted average shares of common stock outstanding - diluted (See Note 11)126,852,911 122,443,478 Distributions declared and paid per share$0.32 $0.36 

The accompanying notes are an integral part of these consolidated financial statements.4

Table of Contents

New Mountain Finance Corporation

Consolidated Statements of Changes in Net Assets

(in thousands, except shares and per share data)

(unaudited)

Three Months EndedMarch 31, 2025March 31, 2024Increase (decrease) in net assets resulting from operations: