Suro Capital Corp. · NASDAQ:SSSS
Suro Capital — Q2 2025 Earnings Presentation
11 slides from Suro Capital's earnings presentation, Aug 6, 2025
Slide 1: Q2 2025 Earnings Call
Q2 2025 Earnings Call August 6, 2025
Slide 2: Forward Looking Statements
Forward Looking Statements Statements included herein, including statements regarding SuRo Capital Corp.'s ("SuRo Capital", "SSSS", the “Company”, "we", "us" or "our") beliefs, expectations, intentions or strategies for the future, may constitute "forward-looking statements". SuRo Capital cautions y
Slide 3: Q2 2025 Earnings Overview
Q2 2025 Earnings Overview •1 SuRo Capital’s Net Asset Value (“NAV”) Per Share is $9.18 as of June 30, 2025 o Greatest quarter-over-quarter increase in NAV per share since inception (over 35%) o Net Assets of approximately $219.4 million at quarter-end •2 $0.25 Per Share Cash Dividend o Declared July
Slide 4: Portfolio Activity – CoreWeave, Inc.
Portfolio Activity – CoreWeave, Inc. About CoreWeave, Inc. SuRo Capital Investments • In 2024, SuRo Capital invested an aggregate $25.0 million in CoreWeave(1) • CoreWeave is a specialized cloud provider, o $15.0 million through CW Opportunity 2 LP designed to power the most complex workloads o $10.
Slide 5: Portfolio Highlight – ARK Type One Deep Ventures Fund LLC
Portfolio Highlight – ARK Type One Deep Ventures Fund LLC About OpenAI Global, LLC SuRo Capital Investment • In September 2024, SuRo Capital invested $17.5 • OpenAI is an artificial intelligence research million in the Class A Interest of ARK Type One organization focused on developing and Deep Vent
Slide 6: Portfolio Activity – Colombier Sponsor II LLC
Portfolio Activity – Colombier Sponsor II LLC About Colombier Sponsor II LLC SuRo SuRo Capital Capital Investment Investment • In 2023, SuRo Capital invested $1.6M in Colombier Sponsor II LLC, the sponsor of Colombier II • Colombier Acquisition Corp. II (“Colombier II”) Acquisition Corp. • On Novemb
Slide 7: Investment Activity – Plaid Inc.
Investment Activity – Plaid Inc. About Plaid Inc. SuRo Capital Investment • In Q2 2025, SuRo Capital invested $5.0 million • Plaid is a fintech platform that enables secure, in Plaid Inc.’s Class A Common Shares via a seamless connectivity between financial sole limited partnership interest in 1789
Slide 8: Investment Portfolio Activity
Investment Portfolio Activity Investment Activity – During Q2 2025 Portfolio Company Investment Transaction Date Amount(1) Plaid Inc.(2) Class A Common Shares 4/4/2025 $5.0 million Realizations – During Q2 2025 Transaction Average Net Portfolio Company Date Shares Sold Share Price(3) Net Proceeds Re
Slide 9: Top 5 Positions = 53% of Investment Portfolio at Fair Value
Top 5 Positions = 53% of Investment Portfolio at Fair Value Based on Total Investment Portfolio Fair Value of $243.8 million at June 30, 2025 Cost Basis Fair Value % of Investment Portfolio Company ($ in millions) ($ in millions) Portfolio (1) 1 Opportunity 2 LP $15.2 $40.9 16.8% ARK Type One Deep (
Slide 10: Key Industry Themes
Key Industry Themes As a Percentage of Total Investment Portfolio at Fair Value at June 30, 2025 Fair Value % of Legend Industry Theme(1) ($ in millions) Portfolio 17.1% Artificial Intelligence Infrastructure & Applications $80.8 33.1% Financial Technology & Services $41.7 17.1% 33.1% Consumer Goods
Slide 11: Financial Highlights
Financial Highlights For the Second Quarter Ended June 30, 2025 Second Quarter 2025 Amount Per Share(1) ($ in millions) Net Assets at Beginning of Period $156.8 $6.66 Net Investment Loss $(3.7) $(0.16) Net Realized Gain on Investments $21.2 $0.89 Net Change in Unrealized Appreciation of Investments