Event-Driven Stocks

Runway Growth Finance Corp.

RWAYNasdaq

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Signs3 gooddetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue
Operating income
Net income$34.0M$73.6M$44.3M$32.3M$45.6M
Total assets$960.1M$1.09B$1.08B$1.14B$738.3M
Total liabilities$475.1M$576.5M$532.1M$565.7M$132.2M
Equity$485.0M$514.9M$547.1M$576.1M$606.2M
EPS (diluted)$0.93$1.89$1.09$0.79$1.33
Shares out.37.3M40.5M40.5M40.5M41.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
Net margin
Return on equity
7.0%
Return on assets
3.5%
Return on capital (ROCE)
Liabilities / assets
49.5%
Debt / equity
0.98×
Book value / share
$12.99
Revenue growth (YoY)
Net income growth (YoY)
−53.7%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
15.9%clean
Piotroski F-Score
5/6mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

3 good
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20264.1M5.2+31.5%
Apr 30, 20263.1M5.5-2.4%
Apr 15, 20263.2M3.6-17.4%
Mar 31, 20263.9M7.0+16.9%
Mar 13, 20263.3M6.0+5.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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