Rand Capital (RAND) Q4 2024 Earnings Call Transcript

Rand Capital (NASDAQ:RAND) Q4 2024 Earnings Conference Call March 10, 2025 1:30 PM ET

Company Participants

Craig Mychajluk – IR
Dan Penberthy – President and CEO
Margaret Brechtel – EVP, CFO

Operator

Greetings, and welcome to Rand Capital Corporation Fourth Quarter Fiscal Year 2024 Financial Results. At this time, all participants are in a listen only mode [Operator Instructions]. As a reminder, this conference is being recorded.

It is now my pleasure to introduce Craig Mychajluk, Investor Relations for Rand Capital. Thank you. You may begin.

Craig Mychajluk

Thank you. And good afternoon, everyone. We appreciate your interest in Rand Capital and for joining us today for our fourth quarter and full year 2024 financial results conference call. On the line with me are Dan Penberthy, our President and Chief Executive Officer; and Margaret Brechtel, our Executive Vice President and Chief Financial Officer. A copy of the release and slides that accompany our conversation is available at randcapital.com. If you’re following along with the slide deck, please turn to Slide 2, where I’d like to point out some important information. As you are likely aware, we may make forward-looking statements during this presentation. These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ from where we are today. You can find a summary of these risks and uncertainties and other factors in the earnings release and other documents filed by the company with the Securities and Exchange Commission. These documents can be found on our Web site or at sec.gov. During today’s call, we’ll also discuss some non-GAAP financial measures. We believe these will be useful in evaluating our performance. You should not consider the presentation of this additional information in isolation or as a substitute for results in accordance with generally accepted accounting principles. We have provided reconciliations of non-GAAP measures with comparable GAAP measures

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