SSSS - SuRo Capital Corp. Stock Analysis | Stock Taper
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SuRo Capital Corp.

SSSS

SuRo Capital Corp. NASDAQ
$9.38 -3.10% (-0.30)

Market Cap $235.62 M
52w High $10.34
52w Low $4.21
Dividend Yield 5.62%
Frequency Irregular
P/E 3.78
Volume 263.88K
Outstanding Shares 25.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $5.66M $2.64M $7.42M 131.14% $0.3 $8.69M
Q2-2025 $167.3K $2.61M $62.33M 37.25K% $2.63 $62.33M
Q1-2025 $499.09K $2.9M $-806.72K -161.64% $-0.03 $-806.72K
Q4-2024 $1.23M $3.83M $44.53K 3.62% $0 $44.53K
Q3-2024 $888.72K $2.94M $-5.45M -613.5% $-0.23 $-5.45M

What's going well?

Revenue rebounded strongly this quarter, and the company remained profitable. Operating expenses stayed under control, showing some cost discipline.

What's concerning?

Profits and margins fell dramatically from last quarter, and the numbers are highly volatile. Earnings quality is questionable due to big swings and possible one-time items.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $54.59M $308.3M $76.51M $231.79M
Q2-2025 $49.85M $295.05M $75.64M $219.41M
Q1-2025 $16.18M $231.67M $74.86M $156.8M
Q4-2024 $20.04M $231.6M $74.03M $157.57M
Q3-2024 $32.74M $233.78M $76.34M $157.44M

What's financially strong about this company?

The company has a huge cash cushion, almost no short-term debt, and most assets are high-quality investments. Its liabilities are small compared to its equity, and there are no risky intangibles or hidden obligations.

What are the financial risks or weaknesses?

Retained earnings are negative, showing the company has lost money over time. There is no physical infrastructure or inventory, so the business relies heavily on financial assets.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $7.42M $-2.58M $2.47M $4.8M $4.7M $-2.58M
Q2-2025 $62.33M $-2.12M $35.86M $-26.18K $33.71M $-2.12M
Q1-2025 $-806.72K $-3.72M $0 $-136.04K $-3.86M $-3.72M
Q4-2024 $44.53K $-12.45M $0 $-254.26K $-12.7M $-12.45M
Q3-2024 $-5.45M $-20.89M $0 $-750.27K $-21.64M $-20.89M

What's strong about this company's cash flow?

The company has a sizable cash cushion of $54.6 million and can raise money through share sales. Cash position increased this quarter thanks to external funding.

What are the cash flow concerns?

Operations are burning cash every quarter, and dividends are not supported by free cash flow. The company is highly dependent on selling new shares, which dilutes existing shareholders.

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at SuRo Capital Corp.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

SuRo Capital provides public‑market investors with rare access to a curated portfolio of late‑stage, high‑growth private companies, especially in technology and AI. It has demonstrated an ability to generate very strong profits and cash flows in favorable markets, maintains modest overall debt, and currently enjoys good coverage of short‑term obligations.

! Risks

Financial results are highly volatile, with recent years marked by large swings from profit to loss, shrinking assets, declining cash, and still‑negative retained earnings. The business is heavily exposed to private market valuations, exit conditions, and a relatively concentrated set of high‑beta technology themes, all while leverage metrics are creeping higher as equity erodes.

Outlook

Looking ahead, the company’s trajectory will likely be driven by how its AI‑centric and other growth investments perform and eventually exit, as well as by broader conditions in venture funding and IPO markets. If exit markets reopen and portfolio companies execute well, earnings and cash flow could rebound, but if valuations remain pressured or exits are delayed, the current pattern of volatility and balance sheet contraction may persist; uncertainty around timing and magnitude of outcomes remains high.