Duke Capital Earnings Call Transcripts
Fiscal Year 2026
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Hybrid capital strategy delivered steady growth, with recurring cash revenue up 5% and free cash flow up 13% year-over-year. Portfolio diversification and disciplined capital management underpin a covered dividend and resilience amid macro headwinds.
Fiscal Year 2025
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Record recurring cash revenue and a fully covered 2.8p dividend were achieved despite no exits, with a focus on supporting existing partners and increasing equity stakes. Portfolio diversification and disciplined cost control underpin a cautiously optimistic outlook for future exits and NAV growth.
Fiscal Year 2024
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Record FY 2024 results with strong revenue and free cash flow growth, a well-covered 9% dividend yield, and increased equity stakes. Portfolio diversification and a new accounting policy enable greater upside, while macro headwinds and stable NAV shape a cautious outlook.