Gryphon Capital Income Trust (GCI) H2 2025 earnings summary

Executive summary

• Achieved a 41.65% year-over-year increase in revenue to $76.0 million and a 40.75% rise in operating profit to $68.8 million for the year ended 30 June 2025.

• Monthly distributions totaling 16.44 cents per unit were paid or declared, amounting to $68.2 million.

• Units on issue increased to 524.3 million from 335.6 million, reflecting significant capital raising activity.

Financial highlights

• Interest income from financial assets at fair value rose to $72.9 million from $49.8 million year-over-year.

• Net investment income reached $76.0 million, up from $53.7 million.

• Total assets grew to $1.06 billion from $679.1 million, and net tangible assets per unit remained steady at $2.01.

• Operating expenses increased to $7.2 million from $4.8 million.

• Earnings per unit were 16.57 cents, down from 18.36 cents year-over-year due to dilution from new units.

Outlook and guidance

• The Trust will continue to be managed in line with its investment objectives and guidelines.

• Future results will depend on investment market performance; past returns are not indicative of future performance.