Oxford Square Capital Corp.

Oxford Square Capital Corp. (OXSQ) reported a net decrease in net assets resulting from operations of -$18.7M for FY 2025, a significant decline from the net increase of $5.9M in FY 2024. This was driven by a net change in unrealized and realized losses of -$41.3M, which offset positive net investment income of $22.6M. Total investment income decreased to $40.3M from $42.7M in the prior year, while total expenses remained relatively stable at $17.7M. The company's net asset value per common share declined to $1.69 from $2.30 at the end of the prior year. Key performance challenges included substantial unrealized depreciation on investments (-$24.3M) and net realized losses (-$17.0M).

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