Oxford Square Capital Corp.

Oxford Square Capital Corp.

OXSQ
Oxford Square Capital Corp.US flagNASDAQ Global Market
1.28
USD
+0.09
- -
119.71MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.27
0.05
-0.94
2.4
1.02
-0.11
-0.6
0.11
0.88
-1.64
0.42
0.16
-0.19
-0.39
Basic EPS, GAAP
1.15
-0.06
-1.11
2.13
0.85
-0.19
-0.69
0.03
0.8
-1.72
0.32
0.09
-0.25
-0.45
Free Cash Flow per Basic Share
-3.95
-0.9
4.08
3.53
4.23
-0.68
1
1.92
-2.16
0.41
1.21
0.41
-0.18
-0.42
Dividend per Share
1.14
1.14
1.13
1.15
0.8
0.8
0.8
0.61
0.41
0.41
0.53
0.41
0.41
0.41
Book Value per Share
-0.05
-0.05
-0.5
-0.83
-2.74
-2.87
-4.27
-4.59
-3.83
-5.95
-5.69
-5.16
-4.94
-5.14
Tangible Book Value per Share
10.3
8.85
6.04
7.44
7.55
6.34
5.19
4.56
4.93
2.79
2.81
2.53
1.9
1.54
Basic Weighted Avg Shares
51
59
60
52
51
50
48
49
50
50
54
63
76
80
Sales/Revenue/Turnover
65
3
-56
124
53
-5
-29
6
44
-81
23
10
-14
-32
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
59
-3
-66
110
44
-9
-33
2
40
-86
17
6
-19
-36
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
90.97
-122.68
118.14
88.76
82.97
168.83
114.4
30.89
90.22
105.13
75.78
59.01
131.46
114.06
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
451
501
348
220
62
148
134
107
185
186
123
124
152
152
Total Equity
526
521
361
386
388
315
248
225
245
139
151
161
145
123
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
82
86
93
Market Capitalization
118
131
142

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
51
52
41
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.07%
-5.8%
-9.5%
Free Cash Flow
-58.82%
-64.92%
-153.43%
Net Income, GAAP
99.47%
258.48%
-418.57%
Sales/Revenue/Turnover
-20.48%
-4.14%
-242.98%
Total Cash Common Dividend
-5.16%
3.93%
21.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1
6
- -
4
10
2025
-7
5
-1
-12
-14
2026
-25
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
0.09
-0.01
- -
0.09
2025
-0.12
0.06
-0.03
- -
-0.25
2026
-0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.1
- -
0.41
2025
0.1
0.1
0.1
- -
0.41
2026
0.1
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Jonathan H. Cohen
Sector
Financial Services
Industry
Asset Management
Address
8 Sound Shore Drive Greenwich CT United States of America 06830
IPO Date
Nov 24, 2003
Business
Oxford Square Capital Corp. is a publicly traded, closed-end, non-diversified business development company specializing in investments aimed at achieving attractive risk-adjusted total returns. The company primarily invests in corporate debt securities and collateralized loan obligation (CLO) structured finance investments, which predominantly own corporate debt securities. Its investment portfolio includes secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock, and syndicated bank loans, with a focus on technology-related sectors such as software, internet, IT infrastructure, media, telecommunications, semiconductors, hardware, medical device technology, and diversified technology. The firm targets companies generally with annual revenues under $200 million and enterprise values below $300 million, investing between $5 million and $30 million per transaction. Oxford Square Capital's capital is utilized by corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital needs. The company also manages CLO equity investments and warehouse financing facilities that may serve as precursors to CLO vehicles. It operates mainly in the U.S. but its investments span various industries including structured finance, IT consulting, business services, utilities, software, healthcare, telecommunication services, plastics manufacturing, and diversified insurance. Founded in 2006, Oxford Square Capital Corp. is headquartered in New York City. Recent major company developments include a $65 million public offering of unsecured notes due 2030, with a 7.75% interest rate, aimed at repaying existing debt, acquiring new investments aligned with its strategic objectives, and supporting general corporate purposes. This offering notably enhances the company's financial flexibility and investment capacity. Additionally, there has been a strategic shift in portfolio allocation, increasing first-lien secured debt concentration to nearly 50% of the portfolio from 34% a year prior, while reducing second-lien secured debt significantly. The company authorized a $25 million share repurchase program in late 2025 and has actively issued shares through at-the-market offerings to raise additional capital. Oxford Square Capital reported mixed financial results in 2025 quarters, with fluctuations in net investment income and total investment income, reflecting ongoing portfolio repositioning and active loan and CLO equity management. The company continues to balance deployment of capital in new debt and equity investments while managing leverage and debt maturity profiles to optimize returns and risk. Joint book-running managers for recent offerings include Lucid Capital Markets and Piper Sandler, supported by other lead managers such as Clear Street and William Blair. Oxford Square Capital Corp. operates within the financial services industry, specifically focusing on private equity, mezzanine financing, and structured credit investments. It serves corporate borrowers and investors seeking exposure to middle-market technology and diversified industries. The company's investment advisory affiliate, TICC Investment Corporation, benefits from Oxford Square’s investment capabilities. The company’s headquarters, founded in 2006, is located in New York, New York. This strategic blend of corporate debt and CLO investment expertise positions Oxford Square Capital as a specialized investment manager with robust risk-adjusted return objectives and active portfolio management in the evolving structured finance market.

Company News

APIChatGPT
  • Top Monthly Paying BDCs For Durable Retirement Income

  • Oxford Square Capital: More Pain Ahead Unless The Dividend Is Cut

  • Oxford Square's 21% Yield Masks a Crumbling Portfolio

  • Oxford Square Capital Corp. (OXSQ) Q1 2026 Earnings Call Transcript

  • Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended March 31, 2026 and Declaration of Distributions on Common Stock for the Months Ending July 31, August 31, and September 30, 2026

  • Oxford Square Capital Corp. Schedules First Quarter 2026 Earnings Release and Conference Call for April 29, 2026

  • Oxford Square Capital Corp. Schedules First Quarter 2026 Earnings Release and Conference Call for April 29, 2026

  • Oxford Square's 22% Yield Masks a Dangerous Math Problem

  • The 26.5% NAV Collapse That Dividend Hunters Are Missing

  • CLO equity stress test reveals the danger behind 22% yields

  • Oxford Square's 24% Yield Looks Attractive Until You See the NAV Collapse

  • Oxford Square Capital Q4 Earnings Call Highlights

  • Oxford Square Capital Corp. (OXSQ) Q4 2025 Earnings Call Transcript

  • Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Increases By 93.4%

  • Oxford Square Capital Corp. Schedules Fourth Quarter 2025 Earnings Release and Conference Call for March 3, 2026

  • Oxford Square Capital: NAV Decline Is Aligned To Continue

  • Oxford Square Capital (NASDAQ:OXSQ) vs. Baltic International USA (OTCMKTS:BISA) Critical Review

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