EPS of -39c missed estimates of -16c; revenue of $41.7M was 1% short of estimates. EBITDA of $29M beat estimates of -$16.8M. Per unit earnings rose but this was offset by a big unrelealized foreign exchange loss. Book value per unit fell 77c to $23.57. Revenue and operating income rose 21%. $154M in new investments have been made so far this year. 133,600 units were bought and cancelled during the year. Payout ratio is 65%. There were some portfolio company issues, but overall fair value gains were $5.5M. Nothing too noteworthy overall here but we are comfortable with the results.
5i Research Answer: