Oakley Capital Investments (OCI) Q4 2025 TU earnings summary

Executive summary

• Reported NAV per share of 738 pence and total NAV of £1,233 million for the year ended 31 December 2025.

• Achieved a total NAV return per share of +6% (+45 pence) and total shareholder return of 15% year-over-year.

• Portfolio performance driven by earnings growth, successful exits, and value-accretive acquisitions in core sectors.

Financial highlights

• Investments totaled £197 million, with proceeds from exits and refinancings at £92 million.

• Cash and undrawn credit facility stood at £191 million at year-end.

• Completed a £50 million share buyback program, acquiring and cancelling approximately 9.7 million shares.

Outlook and guidance

• Anticipates continued NAV momentum as new and existing portfolio companies mature operationally.

• Outstanding commitments of £992 million to be invested over the next five years, with c.£300 million not expected to be drawn.

• Next audited annual results expected to be reported on 12 March 2026.