Financial Snapshot

Revenue
$208.3M
TTM
Gross Margin
77.55%
TTM
Net Earnings
$87.44M
TTM
Current Assets
$25.48M
Q3 2024
Current Liabilities
$65.38M
Q3 2024
Current Ratio
38.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$756.8M
Q3 2024
Cash
Q3 2024
P/E
9.701
Nov 29, 2024 EST
Free Cash Flow
-$472.5M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $174.8M $138.8M $82.19M $54.96M $0.00
YoY Change 25.93% 68.92% 49.55%

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 2019
Revenue $174.8M $138.8M $82.19M $54.96M $0.00
Cost Of Revenue $44.30M $34.15M $20.24M $16.64M
Gross Profit $137.6M $111.4M $61.95M $38.33M
Gross Profit Margin 78.68% 80.2% 75.38% 69.74%

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 2019
Selling, General & Admin $47.66M $39.77M $22.77M $14.82M $520.0K
YoY Change 19.85% 74.67% 53.62% 2750.0%
% of Gross Profit 34.65% 35.71% 36.75% 38.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.00K
YoY Change
% of Gross Profit 0.13%
Operating Expenses $89.39M $71.53M $22.77M $14.82M $520.0K
YoY Change 24.98% 214.17% 53.62% 2750.0%
Operating Profit $48.17M $39.83M $39.19M $23.51M
YoY Change 20.94% 1.63% 66.68%

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 2019
Interest Expense -$13.01M -$102.0M $93.13M -$14.51M
YoY Change -87.24% -209.48% -741.85%
% of Operating Profit -27.01% -256.01% 237.66% -61.72%
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 2019
Pretax Income $76.89M -$30.38M $132.3M -$6.110M -$520.0K
YoY Change -353.15% -122.96% -2265.63% 1075.0%
Income Tax
% Of Pretax Income
Net Earnings $76.89M -$30.38M $132.3M -$6.110M -$520.0K
YoY Change -353.15% -122.96% -2265.63% 1075.0%
Net Earnings / Revenue 43.98% -21.88% 160.99% -11.12%
Basic Earnings Per Share $1.98 -$0.96 $5.09 -$0.34
Diluted Earnings Per Share $1.89 -$0.96 $4.513M -$231.3K -$20.55K

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 2019
Cash & Short-Term Investments $4.761M $10.61M $31.69M $44.70M $0.00
YoY Change -55.14% -66.51% -29.12%
Cash & Equivalents $4.761M $10.61M $31.69M $44.70M
Short-Term Investments
Other Short-Term Assets $693.0K $700.0K
YoY Change -1.0%
Inventory
Prepaid Expenses
Receivables $11.21M $9.971M $5.551M $3.500M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $15.97M $20.58M $37.93M $48.90M
YoY Change -22.43% -45.73% -22.44%
Property, Plant & Equipment $5.300M $2.100M $2.500M $300.0K
YoY Change 152.38% -16.0% 733.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.275B $1.094B $873.5M $493.7M
YoY Change 16.52% 25.29% 76.92%
Other Assets $2.144M $2.903M $17.37M $16.40M $6.200M
YoY Change -26.15% -83.28% 5.88% 164.52%
Total Long-Term Assets $1.295B $1.106B $899.2M $510.8M
YoY Change 17.11% 22.98% 76.04%
Total Assets $1.311B $1.126B $937.1M $559.7M $6.200M
YoY Change
Accounts Payable $24.76M $19.77M $14.59M $7.300M $1.800M
YoY Change 25.23% 35.47% 99.92% 305.56%
Accrued Expenses $400.0K $3.500M
YoY Change -88.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $60.21M $56.20M $35.24M $12.60M $6.700M
YoY Change 7.14% 59.48% 179.66% 88.06%
Long-Term Debt $639.6M $610.6M $455.3M $299.7M $0.00
YoY Change 4.75% 34.09% 51.93%
Other Long-Term Liabilities $8.600M
YoY Change
Total Long-Term Liabilities $639.6M $610.6M $455.3M $308.3M $0.00
YoY Change 4.75% 34.09% 47.7%
Total Liabilities $699.8M $666.8M $490.6M $321.0M $6.700M
YoY Change 4.95% 35.92% 52.83% 4691.04%

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 2019
Basic Shares Outstanding 38.91M 31.67M 25.98M 18.09M
Diluted Shares Outstanding 42.71M 35.19M 29.32M 18.09M
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: $848.24 Million

About Trinity Capital Inc.

Trinity Capital, Inc. engages in the operation of an internally managed specialty lending company. The company is headquartered in Phoenix, Arizona and currently employs 86 full-time employees. The company went IPO on 2021-01-29. The company is an internally managed, closed-end, non-diversified management investment company that operates as a business development company. The company is a specialty lending company that provides debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its investment objective is to generate current income and, to a lesser extent, capital appreciation through its investments. The company seeks to achieve its investment objective by making investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Its equipment financings involve loans for general or specific use, including acquiring equipment that is secured by the equipment or other assets of the portfolio company.

Industry: UNKNOWN Peers: GAMCO INVESTORS, INC. ET AL DIAMOND HILL INVESTMENT GROUP INC Blackstone Inc. CION Investment Corp CAPITAL SOUTHWEST CORP Crescent Capital BDC, Inc. FIDUS INVESTMENT Corp Runway Growth Finance Corp. Sculptor Capital Management, Inc. PENNANTPARK INVESTMENT CORP