Financial Snapshot

Revenue
$5.125M
TTM
Gross Margin
119.85%
TTM
Net Earnings
-$515.2K
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$82.54M
Q3 2024
Cash
Q3 2024
P/E
-570.9
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $11.93M $10.07K $0.00 $0.00
YoY Change 118399.5%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $11.93M $10.07K $0.00 $0.00
Cost Of Revenue $2.777M $118.1K $0.00 $0.00
Gross Profit $9.156M -$108.0K $0.00 $0.00
Gross Profit Margin 76.73% -1072.49%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $1.730M $448.6K $159.7K $159.7K
YoY Change 285.73% 180.84% 0.0%
% of Gross Profit 18.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.816M $455.4K $159.7K $159.7K
YoY Change 298.84% 185.11% 0.0%
Operating Profit $7.340M -$563.4K -$159.7K -$159.7K
YoY Change -1402.89% 252.72% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $711.3K -$273.4K
YoY Change -360.2%
% of Operating Profit 9.69%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $7.340M -$563.4K -$159.7K -$159.7K
YoY Change -1402.89% 252.72% 0.0%
Income Tax
% Of Pretax Income
Net Earnings $7.340M -$563.4K -$159.7K -$159.7K
YoY Change -1402.89% 252.72% 0.0%
Net Earnings / Revenue 61.51% -5594.54%
Basic Earnings Per Share $1.18 -$0.64
Diluted Earnings Per Share $1.18 -$90.65K -$26.31K -$0.03

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $32.61M $84.77M $0.00 $0.00
YoY Change -61.53%
Cash & Equivalents $32.61M $84.77M $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $39.28K $256.5K $0.00 $0.00
YoY Change -84.69%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $34.41M $85.03M $85.03M
YoY Change -59.54% 0.0%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $54.12M $50.25M
YoY Change 7.69%
Other Assets $0.00 $276.3K $276.3K
YoY Change -100.0% 0.0%
Total Long-Term Assets $54.17M $0.00 -$84.76M
YoY Change -100.0%
Total Assets $88.58M $85.03M $276.3K $276.3K
YoY Change
Accounts Payable $112.3K
YoY Change
Accrued Expenses $721.9K $80.57K
YoY Change 796.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.024M $479.6K $436.0K $436.0K
YoY Change 530.44% 10.01% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $90.00 $90.00
YoY Change 0.0%
Total Long-Term Liabilities $0.00 $90.00 $0.00 $0.00
YoY Change -100.0%
Total Liabilities $3.024M $479.7K $436.0K $436.0K
YoY Change 530.32% 10.03% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 6.215M 877.4K
Diluted Shares Outstanding 6.215M 877.4K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $294.15 Million

About Chicago Atlantic BDC, Inc.

Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2022-01-31. The firm may invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. Its investment objective is to maximize risk-adjusted returns on equity for its shareholders. The firm intends to achieve its investment objective by investing primarily in secured debt, unsecured debt, equity warrants and direct equity investments in privately held businesses. The firm intends that its debt investments will often be secured by either a first or second priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between three and six years from the original investment date. The firm is managed by Silver Spike Capital, LLC, an investment manager focused on the cannabis and alternative health and wellness industries.

Industry: UNKNOWN Peers: 180 DEGREE CAPITAL CORP. /NY/ Heritage Global Inc. Blackstone Inc. Logan Ridge Finance Corp. Investcorp Credit Management BDC, Inc. Great Elm Capital Corp. HENNESSY ADVISORS INC PhenixFIN Corp SAFEGUARD SCIENTIFICS INC U S GLOBAL INVESTORS INC