Sygnus Credit Investment Limited’s (SCI) Puerto Rican subsidiary, Acrecent Financial LLC (“Acrecent or “AFL”), delivered positive financial results for the nine-month and three-month periods ended March 31, 2026. 

AFL’s net profits for the nine-month period eclipsed its net profits for the entire prior financial year, supported by record quarterly net profits of US$3.37 million, up 127.2% from US$1.48 million in the corresponding period last year. Similarly, SCI reported record quarterly net profits of US$2.20 million for the three months ended March 31, 2026, an increase of 19.7% from US$1.84 million last year, marking the Company’s strongest third-quarter performance since inception. During the quarter, SCI also increased its ownership stake in Acrecent through an additional US$2.00 million investment. Following the quarter-end, AFL declared another semi-annual interim dividend payment of US$948.7 thousand, bringing total dividends declared during the current financial year to US$2.13 million.

The Group reported total investment income of US$12.03 million and net investment income of US$7.84 million for the nine months ended March 31, 2026. The performance was supported by strong gains generated from the Puerto Rico Credit Fund (“PRCF”) investment income, which exceeded the corresponding period last year, despite the offsetting impact of the dividend distribution received from AFL during the period. This underscores the continued strength and scalability of the Group’s core Puerto Rico private credit business. In addition, SCI’s results for the period were influenced by certain one-time revenue items, which impacted the recognition and timing of interest income.

“The third quarter results reflect the resilience and growing scale of our regional private credit platform, highlighted by record profitability from our Puerto Rico operations and SCI’s strongest third-quarter performance since inception,” said Jason Morris, Co-Founder, Executive Vice President and Chief Investment Officer, Sygnus Capital. “Looking ahead, we remain focused on disciplined capital deployment across our origination pipeline, further expanding our regional footprint, and maintaining strong credit quality as we continue to grow the platform in a measured and sustainable way.”

SCI reaccelerated its capital deployment during the quarter, financing US$15.34 million in new investment commitments for the private credit portfolio, compared to US$10.25 million in the similar quarter last year. Total assets increased to US$242.83 million. In Puerto Rico, AFL originated US$100.25 million and has deployed US$55.72 million during this financial year. Acrecent’s total assets surpassed the US$150.00 million mark, reflecting continued momentum in the expansion of the Group’s private credit platform across the Spanish-speaking Caribbean.

SCI further strengthened its funding base through several capital market initiatives, including the extension of its dual-currency preference shares to December 2028 at improved rates and the close of a US$27.00 million capital raise across JMD and USD tranches early in the third quarter.

During the quarter, an interim dividend of US$1.00 million or US$0.00172 per share was declared and subsequently paid on April 2, 2026. Total dividends paid to shareholders since the Company’s IPO in 2018 increased to US$18.70 million.

SCI remains focused on disciplined growth as it enters the final quarter of the financial year, supported by a strong pipeline of investment opportunities and continued demand for private credit solutions across its core markets. The company expects to maintain momentum in capital deployment while prioritising portfolio quality, prudent risk management, and balance sheet strength as it executes its regional growth strategy.