Thu, May 15, 9:10 PM (28 days ago)
**Apollo Infrastructure Company LLC (AIC) (AICO)** **Q1 2025 Financial Summary:** **Financial Health & Performance:** - **Revenue:** $21.221 million (Q1 2024: $8.256 million), driven by interest income and unrealized gains. - **Profit Margins:** Net investment income margin improved to 300% (Q1 2024: 480%). - **Cash Flow:** Net cash used in operations was $276.250 million (Q1 2024: $131.196 million), primarily due to infrastructure asset acquisitions. - **Earnings Changes:** Net increase in net assets from operations was $13.725 million (Q1 2024: $5.929 million). **Quarterly Performance:** - **Investments:** Total investments at fair value were $926.926 million (Q1 2024: $275.491 million). - **Cash & Cash Equivalents:** $189.459 million (Q1 2024: $97.585 million). - **Distributions:** Declared distributions were $8.295 million (Q1 2024: $1.890 million). **Trends & Uncertainties:** - **Growth:** Significant increase in investments and cash equivalents indicates aggressive growth strategy. - **Risks:** Dependence on private offerings and market conditions for capital deployment. - **Future Operations:** Continued focus on infrastructure asset acquisitions and liquidity management. **Key Metrics:** - **NAV per Share:** Ranged from $25.00 to $27.23 across different share classes. - **Expenses:** Total expenses after support and fees were around 1.20% to 1.93% of average net assets. - **Returns:** Total return ranged from 1.01% to 1.49% across different share classes. **Impact on Future Operations:** - **Positive:** Strong revenue growth and increased investments suggest robust operational performance. - **Negative:** High cash usage in operations may indicate significant capital expenditure or investment activities. **Ticker:** AICO **Note:** All amounts are in thousands, except per share data.