Fidus Investment Q2: Yet Another Quarter Which Confirms The Bull Case

Aug. 04, 2024 8:20 PM ETFidus Investment (FDUS)FDUS19 Comments
Roberts Berzins, CFA
10.21K Followers
(9min)

Summary

  • Fidus Investment just reported its Q2, 2024 earnings.
  • By glancing over the results, the immediate reaction could be negative.
  • Yet, if we dissect the underlying financials in a more detailed manner, we will notice multiple reasons why it makes sense to remain bullish.
  • In this article, I elaborate on Q2, 2024 dynamics and explain why FDUS is one of my Top 3 BDC picks.

Big data chart on city backdrop.Trade technology, and investment analysis.Business development, financial plan and strategy.

Galeanu Mihai

I have been covering Fidus Investment (NASDAQ:FDUS) since late December last year, and issuing follow-up articles after each earnings report. The overarching investment thesis is based on durable cash flow that is underpinned by a strong

This article was written by

10.21K Followers
Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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