Saratoga Investment Corp 850 (SAZ)

Name: Saratoga Investment Corp 850 Financial Statements
Creator: Quarter Results

Financial Services | Investment Banking Investment Services

Latest reporting period: 2025-11-30

Latest Quarter

2025-11-30

Revenue

$27.3M

Net Income

$12.0M

Operating Margin

43.8%

Free Cash Flow

$198M

Debt / Assets

67.0%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Saratoga Investment Corp 850 (SAZ).
Income Statement (Quarterly)	2025-11-30	2025-08-31	2025-05-31	2025-02-28
Revenue	27,250,227	27,760,663	29,294,088	112,894,921
Cost of Revenue	11,911,568	12,372,030	12,451,865	20,092,362
Gross Profit	15,338,659	15,388,633	16,842,223	-35,940,224
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,756,560,000	2,538,811	2,800,421	2,506,321
Operating Expenses	3,393,219	2,538,811	2,800,421	2,506,321
Operating Income	11,945,440	12,849,822	14,041,802	-12,494,340
Interest Expense	11,911,568	12,372,030	12,451,865	12,924,023
Income Before Tax	11,945,440	12,849,822	14,041,802	355,258,098
Income Tax Expense	-54,544	-435,313	109,539	375,066
Net Income	11,999,984	13,285,135	13,932,263	-28,763,019
Per Share
EPS	0.74	0.84	0.91	-0.07
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Saratoga Investment Corp 850 (SAZ).
Income Statement (Annual)	2025-02-28	2024-02-29	2023-02-28
Revenue	94,163,000	143,719,906	106,550,716
Cost of Revenue	52,059,000	31,110,722	24,641,494
Gross Profit	42,104,000	112,609,184	81,909,222
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	9,338,000	35,792,936	0
Operating Expenses	10,139,000	35,792,936	21,134,074
Operating Income	31,965,690	107,926,970	60,775,150
Interest Expense	52,059,000	49,179,899	33,498,489
Income Before Tax	31,965,690	9,869,917	25,689,572
Income Tax Expense	3,879,433	1,872,763	1,013,809
Net Income	28,086,257	8,933,825	24,675,763
Per Share
EPS	2.02	0.71	2.06
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for Saratoga Investment Corp 850 (SAZ).
Balance Sheet (Quarterly)	2025-02-28	2024-02-29	2023-02-28
Assets
Cash and Cash Equivalents	148,218,491	8,692,846	96,076,273
Short Term Investments	0	0	0
Net Receivables	7,791,661	10,642,021	8,960,311
Inventory	0	0	0
Total Current Assets	156,010,152	51,248,821	105,036,584
Property Plant Equipment	0	0	0
Goodwill and Intangibles	0	0	0
Total Assets	1,191,543,857	1,191,205,835	1,078,158,174
Liabilities
Account Payables	5,585,852	1,337,542	0
Short Term Debt	0	54,882,329	0
Total Current Liabilities	5,585,852	68,399,261	0
Long Term Debt	781,823,075	748,791,316	711,125,536
Total Liabilities	798,878,389	820,981,727	731,200,132
Shareholders Equity
Retained Earnings	-20,263,312	-870,745	25,052,345
Total Shareholders Equity	392,665,468	370,224,108	346,958,042

Balance sheet annual history for Saratoga Investment Corp 850 (SAZ).
Balance Sheet (Annual)	2025-02-28	2024-02-29	2023-02-28
Assets
Cash and Cash Equivalents	148,218,491	8,692,846	96,076,273
Short Term Investments	0	0	0
Net Receivables	7,791,661	10,642,021	8,960,311
Inventory	0	0	0
Total Current Assets	156,010,152	51,248,821	105,036,584
Property Plant Equipment	0	0	0
Goodwill and Intangibles	0	0	0
Total Assets	1,191,543,857	1,191,205,835	1,078,158,174
Liabilities
Account Payables	5,585,852	1,337,542	0
Short Term Debt	0	54,882,329	0
Total Current Liabilities	5,585,852	68,399,261	0
Long Term Debt	781,823,075	748,791,316	711,125,536
Total Liabilities	798,878,389	820,981,727	731,200,132
Shareholders Equity
Retained Earnings	-20,263,312	-870,745	25,052,345
Total Shareholders Equity	392,665,468	370,224,108	346,958,042

Cash flow quarterly history for Saratoga Investment Corp 850 (SAZ).
Cash Flow Statement (Quarterly)	2025-02-28	2024-02-29	2023-02-28
Operating Activities
Net Income	28,086,257	8,933,825	24,675,763
Depreciation & Amortization	5,025,786	5,171,249	0
Stock Based Compensation	0	0	0
Change in Working Capital	1,811,792	-6,364,439	-6,763,303
Operating Cash Flow	197,538,505	-157,206,679	32,486,395
Investing Activities
Capital Expenditure	0	0	0
Investments	0	0	0
Investing Cash Flow	0	-215,829,859	-162,860,234
Financing Activities
Debt Repayment	-27,676,808	92,000,000	-207,614,000
Common Stock Issued/Repurchased	32,750,583	41,912,326	-11,360,326
Dividends Paid	-40,747,247	-32,053,610	-22,665,140
Financing Cash Flow	-33,321,705	101,637,530	173,579,770
Summary
Free Cash Flow	197,538,505	-157,206,679	32,486,395
Net Change in Cash	164,216,800	-55,569,149	43,205,931

Cash flow annual history for Saratoga Investment Corp 850 (SAZ).
Cash Flow Statement (Annual)	2025-02-28	2024-02-29	2023-02-28
Operating Activities
Net Income	28,086,257	8,933,825	24,675,763
Depreciation & Amortization	5,025,786	5,171,249	0
Stock Based Compensation	0	0	0
Change in Working Capital	1,811,792	-6,364,439	-6,763,303
Operating Cash Flow	197,538,505	-157,206,679	32,486,395
Investing Activities
Capital Expenditure	0	0	0
Investments	0	0	0
Investing Cash Flow	0	-215,829,859	-162,860,234
Financing Activities
Debt Repayment	-27,676,808	92,000,000	-207,614,000
Common Stock Issued/Repurchased	32,750,583	41,912,326	-11,360,326
Dividends Paid	-40,747,247	-32,053,610	-22,665,140
Financing Cash Flow	-33,321,705	101,637,530	173,579,770
Summary
Free Cash Flow	197,538,505	-157,206,679	32,486,395
Net Change in Cash	164,216,800	-55,569,149	43,205,931