Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
17 March 1980Website:
http://www.randcapital.comNext earnings report:
02 August 2024Last dividends:
31 May 2024Next dividends:
N/APrice
regular market | Tue, 02 Jul 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
RAND Latest News
Rand Capital Corporation (NASDAQ:RAND ) Q3 2023 Earnings Conference Call November 6, 2023 1:30 PM ET Company Participants Craig Mahalik - IR Dan Penberthy - President & CEO Margaret Brechtel - EVP, Treasurer, CFO, and Secretary Conference Call Participants Operator Greetings, and welcome to Rand Capital Corporation's third quarter fiscal year 2023 financial results. At this time, all participants are in a listen-only mode.
Rand Capital Corporation (NASDAQ:RAND ) Q1 2023 Results Conference Call May 9, 2023 1:30 PM ET Company Participants Craig Mychajluk - IR Dan Penberthy - President and CEO Margaret Brechtel - EVP and CFO Operator Greetings, and welcome to the Rand Capital Corporation First Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
What type of business is Rand Capital?
Rand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies. The firm does not prefer to invest in real estate sector. It invests in companies that are engaged in the exploitation of new or unique products, technologies, or services. The firm invests in healthcare, consumer products, manufacturing, software, and professional services. It seeks to invest in companies based in the Western and Upstate New York region and its surrounding states with focus on Buffalo and Niagara region. The firm may invest in region within three to five hour drives from Western New York including Canada. It typically invests between $0.5 million and $1.5 million and the total investment in rounds is between $1 million and $5 million. The firm seeks to invest up to maximum of $3 million total per company as part of follow-on investments. It invest in startups and companies having annual revenue up to $10 million. It invest companies having EBITDA up to $5 million. The firm Follow-on investment(s) up to a targeted maximum of $2 million to $3 million total per company. The firm frequently participate three investment round. The firm seeks to be a lead investor in companies within its geographical area and participates in syndicate/co-invest with other investors outside it. It prefers to invest in businesses that are unique or possess proprietary right. The firm prefers to be a minority investor and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period of five to seven years. Rand Capital Corporation was founded in 1969 and is based in Buffalo, New York.
What sector is Rand Capital in?
Rand Capital is in the Financial Services sector
What industry is Rand Capital in?
Rand Capital is in the Asset Management industry
What country is Rand Capital from?
Rand Capital is headquartered in United States
When did Rand Capital go public?
Rand Capital initial public offering (IPO) was on 17 March 1980
What is Rand Capital website?
https://www.randcapital.com
Is Rand Capital in the S&P 500?
No, Rand Capital is not included in the S&P 500 index
Is Rand Capital in the NASDAQ 100?
No, Rand Capital is not included in the NASDAQ 100 index
Is Rand Capital in the Dow Jones?
No, Rand Capital is not included in the Dow Jones index
When does Rand Capital report earnings?
The next expected earnings date for Rand Capital is 02 August 2024