Audax Credit BDC Inc. is a Delaware corporation that was formed in January 2015. We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company, or BDC, under the Investment Company Act of 1940, as amended, or the 1940 Act. In addition, we have elected to be treated for federal income tax purposes as a regulated investment company, or RIC, under Subchapter M of the Internal Revenue Code of 1986, as amended, or the Code.
Company profile
Website
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Audax Credit BDC, Inc., Audax Senior BDC Inc.
SEC CIK
IRS number
473039124
Latest filings (excl ownership)
SC TO-I
Issuer tender offer statement
15 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
8-K
Entry into a Material Definitive Agreement
29 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
8-K
Other Events
3 Jan 24
D/A
$520.10 mm in equity, sold $520.10 mm, 2 investors
1 Dec 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
SC TO-I/A
Issuer tender offer statement (amended)
10 Aug 23
SC TO-I
Issuer tender offer statement
12 Jul 23
Latest ownership filings
SC 13G/A
MARSH & MCLENNAN COMPANIES, INC.
8 Feb 24
SC 13G/A
Mercer Investments LLC
8 Feb 24
SC 13G/A
MARSH & MCLENNAN COMPANIES, INC.
8 Feb 23
SC 13G/A
Mercer Investments LLC
8 Feb 23
SC 13G/A
MARSH & MCLENNAN COMPANIES, INC.
7 Feb 22
SC 13G/A
Mercer Investments LLC
7 Feb 22
SC 13G/A
MARSH & MCLENNAN COMPANIES, INC.
12 Feb 21
SC 13G/A
Mercer Investments LLC
12 Feb 21
SC 13G/A
Beneficial ownership report (amended)
13 Feb 20
SC 13G/A
Beneficial ownership report (amended)
13 Feb 20
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 29.25 mm | 29.25 mm | 29.25 mm | 29.25 mm | 29.25 mm | 29.25 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 304.00 k | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 2.10 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 27.15 mm | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 89.3 | n/a |
Institutional ownership, Q3 2022
88.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 39.96 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MMC Marsh & McLennan Cos. | 39.96 mm | $0.00 |