Gladstone Investment Corporation (NASDAQ:GAIN) Q4 2024 Earnings Call Transcript

Bryce Rowe: That’s great. Appreciate the color there and the time.

Dave Dullum: Okay man, take care thanks.

David Gladstone: Bryce just to mention that some of our folks are saying that everybody and his mother’s trying to put together deals, so there are a lot of what they call independent sponsors out there trying to take a company and call it a beginning roll-up. And we don’t believe in some of these fictitious numbers that come through. And so from that standpoint we’re just seeing a lot that we don’t like. We may say five or six and then pick one of the best of the lot. There’s another thing going on in the marketplace now that has not been mentioned that is inflation. Inflation helps everybody out who wants capital gains because things go up in the land in five years and you get a chance to sell it at very, very attractive price compared to where you bought it. So we’ve seen some of that, so don’t count out inflation because inflation is here for a good amount of time and that’s all. Do we have any other questions?

Operator: There are no further questions in queue. I’ll turn it back to you for closing comments.

David Gladstone: Okay. Thank you, Latanya, and you guys didn’t come up with enough questions this time. Would you please work on that before you come to the next meeting? Thank you very much for attending and that’s the end of this conference call.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation. And have a great day.