LIEN
Chicago Atlantic BDC, Inc.10.98
+0.04+0.37%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
250.57MP/E (TTM)
6.24Basic EPS (TTM)
1.76Dividend Yield
0.12%Recent Filings
8-K
10-Q
8-K
8-K
Q2 income steady, portfolio expands
Chicago Atlantic BDC reported Q2 2025 net investment income of $7.7 million, or $0.34 per share, with total investment income rising to $13.1 million from $11.9 million in Q1. The portfolio grew to $307.5 million across 31 companies, fueled by $39.1 million in new fundings, while NAV edged up to $13.23 per share. No loans sit on non-accrual. Deployments hit $56.3 million through Q3 to date. Pipeline tops $780 million.
10-Q
Q2 FY2025 results
Chicago Atlantic BDC posted solid Q2 FY2025 results, with total investment income jumping to $13.1M from $3.1M y/y, fueled by the October 2024 Loan Portfolio Acquisition that scaled the portfolio to $307.5M in fair value (up 12% q/q, derived). Net investment income hit $7.7M, up from $1.5M y/y, while diluted EPS rose to $0.38 from $0.21 y/y, reconciling cleanly to 22.8M weighted shares. The cannabis segment, at 78.5% of assets, drove growth amid steady unrealized gains of $0.9M. Liquidity stayed robust with $13.8M in cash and $95M available on the $100M revolver (drawn $5M at SOFR+3%, no covenants breached), though operating cash flow dipped to negative $5.3M from $4.6M y/y due to $59.1M in buys. Free cash flow not disclosed in the 10-Q. Yet regulatory shifts in cannabis could crimp borrower access to banking.
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