XNASSSIC
Market cap66mUSD
Oct 01, Last price
10.74USD
Name
Silver Spike Investment Corp
Chart & Performance
P/E
9.09
P/S
5.69
EPS
1.18
Div Yield, %
12.39%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
12m
+189.66%
Net income
7m
+329.72%
CFO
8m
P
Dividend
Sep 19, 20240.25 USD/sh
Earnings
Jun 26, 2025
Profile
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY |
|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2022‑03 | 2021‑03 | |
| Income | ||||
Revenues | 11,722 116,271.82% | 4,047 | 10 | |
Cost of revenue | 6,300 | 1,980 | 329 | |
Unusual Expense (Income) | ||||
NOPBT | 5,422 | 2,067 | (319) | |
NOPBT Margin | 46.25% | 51.07% | ||
Operating Taxes | 7,340 | 107 | ||
Tax Rate | 135.38% | 5.20% | ||
NOPAT | (1,918) | 1,959 | (319) | |
Net income | 7,340 -1,402.90% | 1,708 -278.25% | (563) -41.21% | |
Dividends | (8,263) | |||
Dividend yield | 15.75% | |||
Proceeds from repurchase of equity | 85,275 | |||
BB yield | -730.75% | |||
| Debt | ||||
Debt current | ||||
Long-term debt | ||||
Deferred revenue | ||||
Other long-term liabilities | 480 | |||
Net debt | (86,732) | (85,380) | (5) | |
| Cash flow | ||||
Cash from operating activities | 7,977 | (50,150) | (509) | |
CAPEX | ||||
Cash from investing activities | (2,227,907) | |||
Cash from financing activities | (10,491) | 85,270 | 85,275 | |
FCF | 82,852 | 394 | (85,524) | |
| Balance | ||||
Cash | 32,612 | 35,125 | 5 | |
Long term investments | 54,120 | 50,255 | ||
Excess cash | 86,146 | 85,178 | 5 | |
Stockholders' equity | 511 | 1,558 | (366) | |
Invested Capital | 85,041 | 84,918 | 85,397 | |
ROIC | 2.31% | |||
ROCE | 6.34% | 2.39% | ||
| EV | ||||
Common stock shares outstanding | 6,215 | 5,550 | 877 | |
Price | 8.44 -36.54% | 9.80 | 13.30 | |
Market cap | 52,452 349.48% | 54,394 | 11,670 | |
EV | (34,280) | (30,986) | 11,664 | |
EBITDA | (1,727,163) | 2,067 | (319) | |
EV/EBITDA | 0.02 | |||
Interest | ||||
Interest/NOPBT | ||||