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Oxford Lane Capital Corp.

OXLCI•NASDAQ
Financial Services
Asset Management
$25.80
$0.40(1.57%)
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Over the last four quarters, Oxford Lane Capital Corp. achieved steady financial progress, growing revenue from $133.07M in Q2 2023 to $204.20M in Q2 2024. Gross profit stayed firm with margins at 75% in Q2 2024 versus 73% in Q2 2023. Operating income totaled $83.26M in Q2 2024, maintaining a 41% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $83.26M. Net income rose to $65.59M, with EPS at $0.26. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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