Saratoga Investment Corp 800 (SAJ)

Name: Saratoga Investment Corp 800 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.

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Income statement quarterly history for Saratoga Investment Corp 800 (SAJ).
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	31,295,078,000
Cost of Revenue	11,911,568	12,372,030	12,451,865	0
Gross Profit	15,338,659	15,388,633	16,842,223	0
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,756,560,000	2,538,811	2,800,421	26,590,000
Operating Expenses	3,393,219	2,538,811	2,800,421	23,260,533,000
Operating Income	11,945,440	12,849,822	14,041,802	0
Interest Expense	11,911,568	12,372,030	12,451,865	12,924,023,000
Income Before Tax	11,945,440	12,849,822	14,041,802	8,034,545,000
Income Tax Expense	-54,544	-435,313	109,539	313,769,000
Net Income	11,999,984	13,285,135	13,932,263	7,720,776,000
Per Share
EPS	0.74	0.84	0.91	-0.05
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Saratoga Investment Corp 800 (SAJ).
Income Statement (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Revenue	94,163,000	143,873,000	99,104,000	84,138,884
Cost of Revenue	52,059,000	31,111,000	24,641,000	26,602,187
Gross Profit	42,104,000	112,763,000	81,909,000	57,536,697
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	9,338,000	35,793,000	0	0
Operating Expenses	10,139,000	35,793,000	29,490,000	-12,665,477
Operating Income	31,965,690	59,160,000	69,614,000	70,202,170
Interest Expense	52,059,000	49,179,899,000	33,498,000	19,880,693
Income Before Tax	31,965,690	10,807,000	25,690,000	47,887,071
Income Tax Expense	3,879,433	1,873,000	60,775,000	2,151,887
Net Income	28,086,257	8,934,000	25,690,000	45,735,184
Per Share
EPS	2.02	0.71	2.15	3.99
EPS Diluted	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Saratoga Investment Corp 800 (SAJ).
Balance Sheet (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Assets
Cash and Cash Equivalents	148,218,491	8,693,000	96,076,273	52,870,342
Short Term Investments	0	0	0	0
Net Receivables	7,791,661	10,741,697	8,960,311	5,547,078
Inventory	0	0	-1,078,158,174	0
Total Current Assets	156,010,152	51,249,000	105,036,584	58,417,420
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	1,191,543,857	1,191,206,000	1,078,158,174	876,239,755
Liabilities
Account Payables	5,585,852	1,338,000	1,464,343	0
Short Term Debt	0	54,882,000	32,500,000	0
Total Current Liabilities	5,585,852	68,399,000	49,758,024	0
Long Term Debt	781,823,075	803,673,645	711,125,536	498,878,480
Total Liabilities	798,878,389	820,982,000	731,200,132	520,459,232
Shareholders Equity
Retained Earnings	-20,263,312	-871,000	25,052,345	27,706,146
Total Shareholders Equity	392,665,468	370,224,000	346,958,042	355,780,523

Balance sheet annual history for Saratoga Investment Corp 800 (SAJ).
Balance Sheet (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Assets
Cash and Cash Equivalents	148,218,491	8,693,000	96,076,273	52,870,342
Short Term Investments	0	0	0	0
Net Receivables	7,791,661	10,741,697	8,960,311	5,547,078
Inventory	0	0	-1,078,158,174	0
Total Current Assets	156,010,152	51,249,000	105,036,584	58,417,420
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	0	0	0	0
Total Assets	1,191,543,857	1,191,206,000	1,078,158,174	876,239,755
Liabilities
Account Payables	5,585,852	1,338,000	1,464,343	0
Short Term Debt	0	54,882,000	32,500,000	0
Total Current Liabilities	5,585,852	68,399,000	49,758,024	0
Long Term Debt	781,823,075	803,673,645	711,125,536	498,878,480
Total Liabilities	798,878,389	820,982,000	731,200,132	520,459,232
Shareholders Equity
Retained Earnings	-20,263,312	-871,000	25,052,345	27,706,146
Total Shareholders Equity	392,665,468	370,224,000	346,958,042	355,780,523

Cash flow quarterly history for Saratoga Investment Corp 800 (SAJ).
Cash Flow Statement (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Operating Activities
Net Income	28,086,257	8,934,000	24,675,763	45,735,184
Depreciation & Amortization	5,025,786	5,171,249	0	0
Stock Based Compensation	0	0	0	0
Change in Working Capital	1,811,792	-6,154,365	-6,763,303	10,460,307
Operating Cash Flow	197,538,505	-157,207,000	32,486,395	28,008,898
Investing Activities
Capital Expenditure	0	0	0	0
Investments	0	0	0	0
Investing Cash Flow	0	-215,830,000	-162,860,234	-231,142,525
Financing Activities
Debt Repayment	-27,676,808	87,305,000	-207,614,000	-218,979,000
Common Stock Issued/Repurchased	32,750,583	41,912,000	-11,360,326	24,019,590
Dividends Paid	-40,747,247	-32,054,000	-22,665,140	-18,158,029
Financing Cash Flow	-33,321,705	101,638,000	173,579,770	226,088,895
Summary
Free Cash Flow	197,538,505	-157,207,000	32,486,395	28,008,898
Net Change in Cash	164,216,800	-55,569,000	43,205,931	22,955,268

Cash flow annual history for Saratoga Investment Corp 800 (SAJ).
Cash Flow Statement (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Operating Activities
Net Income	28,086,257	8,934,000	24,675,763	45,735,184
Depreciation & Amortization	5,025,786	5,171,249	0	0
Stock Based Compensation	0	0	0	0
Change in Working Capital	1,811,792	-6,154,365	-6,763,303	10,460,307
Operating Cash Flow	197,538,505	-157,207,000	32,486,395	28,008,898
Investing Activities
Capital Expenditure	0	0	0	0
Investments	0	0	0	0
Investing Cash Flow	0	-215,830,000	-162,860,234	-231,142,525
Financing Activities
Debt Repayment	-27,676,808	87,305,000	-207,614,000	-218,979,000
Common Stock Issued/Repurchased	32,750,583	41,912,000	-11,360,326	24,019,590
Dividends Paid	-40,747,247	-32,054,000	-22,665,140	-18,158,029
Financing Cash Flow	-33,321,705	101,638,000	173,579,770	226,088,895
Summary
Free Cash Flow	197,538,505	-157,207,000	32,486,395	28,008,898
Net Change in Cash	164,216,800	-55,569,000	43,205,931	22,955,268