MidCap Financial Investment Corporation (MFIC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	260.0M	274.4M	226.3M	237.3M	141.5M
Cost of Revenue	(4.2M)	45.5M	116.0M	104.2M	47.4M
Gross Profit	294.8M	228.8M	110.3M	133.2M	94.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	(4.9M)	6.3K	12.3M	16.0M	55.7M
General & Admin Expense	(4.9M)	6.3K	12.3M	16.0M	55.7M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	139.3M	32.3M	(769.0K)	(1.6M)	(65.1M)
Total Operating Expenses	134.4M	32.3M	11.5M	14.4M	(9.4M)
Cost and Expenses	166.1M	77.8M	127.5M	118.6M	38.0M
Operating Income (EBIT)	93.9M	196.6M	98.8M	118.8M	103.5M
Non-Operating
Interest Income	140.4M	300.1K	296.8M	271.1M	234.1M
Interest Expense	121.1M	127.0K	116.0M	104.2M	79.2M
Net Interest Income	19.2M	173.1K	180.8M	166.9M	155.0M
Other Non-Op Income/Expense	(123.6M)	(133.4M)	—	—	(72.9M)
Non-Operating Income (excl Interest)	4.7M	6.3M	—	—	—
EBT (Pre-Tax Income)	(29.7M)	63.2M	98.8M	118.8M	30.6M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	(29.7M)	63.2M	98.8M	118.8M	30.6M
Earnings from Cont. Ops	(29.7M)	63.2M	98.8M	118.8M	30.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(29.7M)	63.2M	98.8M	118.8M	30.6M
Per Share
Basic EPS	($0.36)	$0.68	$1.27	$1.82	$0.47
Diluted EPS	($0.36)	$0.68	$1.27	$1.82	$0.47
Revenue Per Share	$3.15	$2.94	$2.90	$3.63	$2.19
Shares
Basic Shares Outstanding	82.5M	93.3M	78.0M	65.3M	64.6M
Diluted Shares Outstanding	82.5M	93.3M	78.0M	65.3M	64.6M
Profitability Metrics
EBITDA	153.0M	190.2M	98.8M	118.8M	103.7M
D&A	—	—	—	—	228.5K
EBIT	153.0M	190.2M	98.8M	118.8M	103.5M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026