New Mountain Finance Corporation released its Pro Forma Consolidated Statements of Assets and Liabilities and Pro Forma Consolidated Statements of Operations for the year ended December 31, 2025.
The total investments at fair value decreased from $2,742,013 to $2,274,033 after pro forma adjustments, resulting in a decrease of $467,980. Cash and cash equivalents increased from $80,718 to $141,073 after pro forma adjustments, representing an increase of $60,355.
The total assets decreased from $2,902,853 to $2,495,228 after pro forma adjustments, with a decrease of $407,625. On the liabilities side, the net borrowings decreased from $1,671,052 to $1,298,649 after pro forma adjustments, indicating a decrease of $372,403. The total liabilities decreased from $1,714,597 to $1,342,194 after pro forma adjustments, with a decrease of $372,403.
The total net assets of New Mountain Finance Corporation decreased from $1,182,177 to $1,146,955 after pro forma adjustments, showing a decrease of $35,222.
Moving to the Pro Forma Consolidated Statements of Operations, the investment income remained the same at $327,084 after pro forma adjustments. The net expenses including income tax expense also remained the same at $190,726 after pro forma adjustments.
The net investment income remained unchanged at $136,358 after pro forma adjustments. However, the net realized and unrealized losses increased from $(119,385) to $(154,607) after pro forma adjustments, showing an increase of $35,222.
The net increase (decrease) in net assets resulting from operations related to New Mountain Finance Corporation decreased from $16,973 to $(18,249) after pro forma adjustments, indicating a decrease of $35,222. The market has reacted to these announcements by moving the company's shares -1.72% to a price of $9.12. If you want to know more, read the company's complete 8-K report here.
