Runway Growth Finance Corp. (RWAY)
Runway Growth Finance Corp. operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Menlo Park, CA, US. The stock last traded at $6.79, up 1.35% on the session, giving a market capitalisation of $288.4M. On trailing twelve-month figures it carries a trailing P/E of 61.73, a net margin of 12.4%. Its beta of 0.60 implies it has historically moved less than the broad market.
Runway Growth Finance Corp. (RWAY) operates as a business development company (BDC), concentrating its efforts on providing senior-secured loan financing to late-stage and expanding enterprises. The firm primarily targets investments in companies within key sectors such as technology, life sciences, healthcare and information services, business services, and specific consumer goods and services. More precisely, its portfolio frequently encompasses businesses involved with electronic hardware and instruments, various software solutions (e.g., systems, application, internet), storage, peripherals, specialized consumer offerings, healthcare technology, data processing and outsourcing, internet retail, human resources, biotechnology, medical equipment, and educational services. These senior secured loans typically range from $10 million to $75 million.
Runway Growth Finance Corp. is most often compared with the following Financial Services names: