Prepared Capital Company (RC) Q2 2025 Earnings Convention Name August 8, 2025 8:30 AM ET
Firm Individuals
Adam Zausmer – Chief Credit score Officer
Andrew Ahlborn – CFO & Secretary
Thomas Edward Capasse – Chairman, CEO & Chief Funding Officer
Convention Name Individuals
Christopher Whitbread Patrick Nolan – Ladenburg Thalmann & Co. Inc., Analysis Division
Crispin Elliot Love – Piper Sandler & Co., Analysis Division
Douglas Michael Harter – UBS Funding Financial institution, Analysis Division
Jade Joseph Rahmani – Keefe, Bruyette, & Woods, Inc., Analysis Division
Randy Binner – B. Riley Securities, Inc., Analysis Division
Operator
Greetings. Welcome to Prepared Capital’s Second Quarter 2025 Earnings Name. [Operator Instructions] As a reminder, immediately’s convention is being recorded.
Presently, I am going to now flip the convention over to Andrew Ahlborn, Chief Monetary Officer. Andrew, you could start.
Andrew Ahlborn
Thanks, operator, and good morning to these of you on the decision. A few of our feedback immediately might be forward-looking statements inside the which means of the federal securities legal guidelines. Such statements are topic to quite a few dangers and uncertainties that would trigger precise outcomes to vary materially from what we anticipate. Due to this fact, you need to train warning in decoding and counting on them. We refer you to our SEC filings for a extra detailed dialogue of the dangers that would impression our future working outcomes and monetary situation.
Through the name, we are going to talk about our non-GAAP measures, which we consider could be helpful in evaluating the corporate’s working efficiency. These measures shouldn’t be thought of in isolation or as an alternative to our monetary outcomes ready in accordance with GAAP. A reconciliation of those measures to essentially the most immediately comparable GAAP measure is on the market in our second quarter 2025 earnings launch and our supplemental data, which could be discovered within the Buyers part of the Prepared Capital web site.

