Mosaic Capital Corporation reported earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported revenue of $88,650,000 compared to $50,859,000 a year ago. Adjusted EBITDA was $5,196,000 or $0.49 per share compared to $3,299,000 or $0.40 per share a year ago. Net loss was $9,509,000 compared to $2,063,000 a year ago. Net loss attributable to equity holders were $11,787,000 or $1.12 per share compared to $489,000 or $0.44 per share a year ago. Free cash flow was $1,232,000 or $0.12 per share compared to $1,069,000 or $0.13 per share a year ago.


For the year, the company reported revenue of $312,141,000 compared to $197,184,000 a year ago. Adjusted EBITDA was $28,028,000 or $2.74 per share compared to $20,477,000 or $2.45 per share a year ago. Net income was $7,117,000 compared to $7,547,000 a year ago. Net loss attributable to equity holders were $5,208,000 or $0.51 per share compared to $7,552,000 or $0.90 per share a year ago. Free cash flow was $11,381,000 or $1.11 per share compared to $11,726,000 or $1.40 per share a year ago.

For the year 2018, the company expects to see continued year-over-year EBITDA growth in each of business segments supported by acquisition activity over the past year, as well as positive contributions from the vast majority of legacy portfolio companies.