Saratoga Investment Corp.
Cash Flow Statement
| Line Item | May 2026 | Nov 2025 | Aug 2025 | May 2025 | Nov 2024 | Aug 2024 | May 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-6.9M | $12.0M | $13.3M | $13.9M | $8.8M | $13.3M | $6.6M | $-4.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-26.0M | $-8.6M | $-19.3M | $32.3M | $94.2M | $71.1M | $52.1M | $-18.6M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $10.8M | — | — | $16.7M | — | — | $9.0M | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $65.0M | — | — | $-12.7M | — | — | $644.7K | — |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |