Crescent Private Credit Income Corp Files 10-Q

TL;DR

**CRESCENT PRIVATE CREDIT INCOME CORP 10-Q FILED FOR Q2 2025. CHECK FINANCIALS.**

AI Summary

Crescent Private Credit Income Corp filed its 10-Q for the period ending June 30, 2025. The filing details the company's financial performance and operations. Key financial data and disclosures relevant to investors are included in this report.

Why It Matters

This 10-Q filing provides investors with a crucial update on Crescent Private Credit Income Corp's financial health and operational status as of June 30, 2025.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags.

Key Players & Entities

• Crescent Private Credit Income Corp (company) — Filer of the 10-Q
• 20250630 (date) — End of the reporting period
• 20250814 (date) — Date of filing

FAQ

Key Financial Figures

• $0.01 — he Registrant's common stock, par value $0.01 per share outstanding at August 14, 202

Filing Documents

• ck0001954360-20250630.htm (10-Q) — 11995KB
• ck0001954360-ex31_1.htm (EX-31.1) — 16KB
• ck0001954360-ex31_2.htm (EX-31.2) — 16KB
• ck0001954360-ex32_1.htm (EX-32.1) — 12KB
• 0001193125-25-180767.txt ( ) — 42669KB
• ck0001954360-20250630.xsd (EX-101.SCH) — 1705KB
• ck0001954360-20250630_htm.xml (XML) — 11585KB

Financial Statements

Financial Statements 4 Consolidated Statements of Assets and Liabilities as of June 30, 2025 (Unaudited) and December 31, 2024 4 Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024 (Unaudited) 6 Consolidated Statements of Changes in Net Assets for the three and six months ended June 30, 2025 and 2024 (Unaudited) 7 Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 (Unaudited) 7 Consolidated Schedule of Investments as of June 30, 2025 (Unaudited) 9 Consolidated Schedule of Investments as of December 31, 2024 24

Notes to Consolidated Financial Statements (Unaudited)

Notes to Consolidated Financial Statements (Unaudited) 34 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 56 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 67 Item 4.

Controls and Procedures

Controls and Procedures 68 Part II OTHER INFORMATION 69 Item 1. Legal Proceeding 69 Item 1A.

Risk Factors

Risk Factors 69 Item 2. Unregistered Sales Of Equity Securities And Use Of Proceeds 69 Item 3. Defaults Upon Senior Securities 69 Item 4. Mine Safety Disclosures 69 Item 5. Other Information 69 Item 6. Exhibits 70 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This report contains forward-looking statements that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about Crescent Private Credit Income Corp (together, with its consolidated subsidiaries, the "Company", "we" or "our"), our current and prospective portfolio investments, our industry, our beliefs and opinions, and our assumptions. Words such as "anticipates," "expects," "intends," "plans," "will," "may," "continue," "believes," "seeks," "estimates," "would," "could," "should," "targets," "projects," "outlook," "potential," "predicts" and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including without limitation: the ability of our investment adviser to locate suitable investments for us and to monitor and administer our investments; regulations governing our operation as a business development company; financing investments with borrowed money; operation in a highly competitive market for investment opportunities; risks associated with original issue discount ("OID") and payment-in-kind ("PIK") interest income; changes in interest rates may affect o

Financial Information

PART I. Financial Information

Financial Statements

Item 1. Financial Statements Crescent Private Credit Income Corp. Consolidated Statements of Assets and Liabilities (in thousands, except for per share data) As of June 30, 2025 (Unaudited) As of December 31, 2024 Assets Investments, at fair value Non-controlled non-affiliated investments (cost of $ 480,631 and $ 280,031 , respectively) $ 487,664 $ 282,161 Cash and cash equivalents 61,758 10,695 Restricted cash and cash equivalents 7,826 10,672 Receivable from unsettled transactions 3,765 1,299 Interest receivable 1,377 1,372 Deferred offering costs 781 2,202 Other assets 146 3,377 Total assets $ 563,317 $ 311,778 Liabilities Debt (net of deferred financing costs of $ 3,392 and $ 1,413 , respectively) $ 191,588 $ 110,566 Subscriptions received in advance 54,955 8,500 Payable for investments purchased 47,202 2,094 Interest and other debt financing costs payable 2,497 1,917 Distribution payable 2,131 1,536 Management fees payable 789 545 Accrued expenses and other liabilities 1,191 5,895 Total liabilities 300,353 131,053 Commitments and Contingencies (Note 7) Net assets Common stock, par value $ 0.01 per share ( 300,000,000 shares authorized, 9,689,140 and 6,677,756 shares issued and outstanding, respectively) 97 67 Paid-in capital in excess of par value 252,036 171,093 Accumulated earnings/(loss) 10,831 9,565 Total net assets 262,964 180,725 Total liabilities and net assets $ 563,317 $ 311,778 See accompanying notes 4 Crescent Private Credit Income Corp. Consolidated Statements of Assets and Liabilities (in thousands, except for per share data) (Unaudited) NET ASSET VALUE PER SHARE As of June 30, 2025 (Unaudited) As of December 31, 2024 Class I Shares: Net assets $ 262,915 $ 180,725 Common Shares outstanding ($ 0.01 par value, 100,000,000 shares authorized) 9,687,327 $ 6

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View this 10-Q filing on SEC EDGAR