
RAND · NASDAQ
Rand Capital Corporation
$9.90 +0.15 (+1.54%)
Company overview
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 the 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 the 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 a focus on the Buffalo and Niagara region. The firm may invest in regions within three to five hour drives from Western New York, including Canada.
- Sector
- Financial Services
- Industry
- Asset Management
- Exchange
- NASDAQ
- Market cap
- $29.4M
- Employees
- 4
- Headquarters
- Buffalo, NY
- Website
- randcapital.com
- CEO
- Daniel Patrick Penberthy
- Listed
- March 17, 1980
- P/E
- -3.19
- Dividend yield
- 15.32%
Company financials
- Revenue
- -$2.2M
- Gross profit
- -$2.7M
- Operating income
- -$5.8M
- EBITDA
- -$6.8M
- Net income
- -$9.2M
- EPS
- -$3.10
- Total assets
- $52.5M
- Total debt
- $500,000
- Earnings yield
- -31.31%
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