
Prospect Capital Corporation Income Statement 2020-2011 | PSEC
Brief overview of revenue and earnings at Prospect Capital Corporation
This overview is based on financial performance over the past five years. The revenue attributed to Prospect Capital Corporation moved from $379 million to $37.1 million between the two endpoints. Overall revenue changed by −90.2%, equal to an annualized rate of about −37.2%. The decline points to a contraction in the scale of the business.
The final result was $346 million initially and −$16.2 million in the final year. Profit turned into a loss, the most concerning signal in the results.
The five-year change in capitalization reached −19.8%: from $2.5 billion to $2 billion. Valuation expanded much faster than the underlying results.
What the figures show
Positive developments coexist with areas of weakness. The overall view is constrained by a weaker final result and limited revenue growth. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Prospect Capital Corporation
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.03 B | 2.47 B | 2.52 B | 2.97 B | 2.98 B | 2.53 B | 3.25 B | 2.27 B | 1.26 B | 800 M |
Shares |
406 M | 370 M | 361 M | 361 M | 356 M | 354 M | 301 M | 207 M | 114 M | 86 M |
Net Income |
-16.2 M | 144 M | 300 M | 253 M | 103 M | 346 M | 319 M | 221 M | 191 M | 118 M |
Revenue |
37.1 M | 178 M | 326 M | 284 M | 137 M | 379 M | 346 M | 245 M | 204 M | 169 M |
Operating Expenses |
53.3 M | 33.6 M | 26.2 M | 30.7 M | 33.8 M | 32.4 M | 26.7 M | 24 M | 13.2 M | 57.7 M |
General and Administrative Expenses |
32.5 M | 33.6 M | 26.2 M | 31.8 M | 31.5 M | 29.9 M | 30.9 M | 17.5 M | 13.2 M | 11.6 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Prospect Capital Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.