YOLFTbeta
Chicago Atlantic BDC, Inc.

Chicago Atlantic BDC, Inc.

LIEN · NASDAQ · Financial Services / Asset Management

9.08USD+0.03 (+0.33%)

Price History

Full chart

Market Stats

Previous Close9.05
Open9.06
Day Range9.01 – 9.11
52-Week Range8.34 – 10.24
Volume43.40K
Market Cap218.39M
P/E (TTM)7.20
Forward P/E6.34
EPS1.33
Dividend Yield13.55%
Beta0.29
50-Day Avg9.85
200-Day Avg9.95

About

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.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Peter Sharp Sack
  • Employees0
  • Headquarters600 Madison Avenue, New York, NY, United States, 10022, USA

Leadership

  • Mr. Scott Charles GordonCo-Chief Investment Officer & Executive Chairman · b. 1961
  • Mr. Peter Sharp SackChief Executive Officer · b. 1989
  • Mr. Bernardino M Colonna C.F.A.President · b. 1979
  • Mr. Thomas Napoleon Geoffroy CPAInterim Chief Financial Officer · b. 1974
  • Mr. Umesh Bhaskar MahajanCo-Chief Investment Officer & Secretary · b. 1971
  • Mr. Gianni FazioChief Accounting Officer · b. 1996
  • Mr. Andrew Thomas LovittChief Compliance Officer & General Counsel · b. 1991
  • Mr. William HealyPartner & Head of Capital Formation · b. 1964

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-10.07K4.05M10.03M17.97M54.30M
Growth (%)--+40075.37%+147.88%+79.15%+202.16%
Cost of Revenue----4.28M12.35M
Gross Profit-10.07K4.05M10.03M17.97M41.95M
Gross Margin-100.00%100.00%100.00%100.00%77.26%
Operating Expense-573.44K1.98M2.69M8.35M7.42M
Operating Income-958.29K-563.37K2.06M7.34M9.62M34.53M
Operating Margin--5592.82%50.95%73.17%53.54%63.59%
EBITDA--563.37K1.98M7.34M9.62M34.53M
EBITDA Margin--5592.82%48.96%73.17%53.54%63.59%
Net Income-958.29K-563.37K1.71M7.34M9.62M33.28M
Net Income Margin--5592.82%42.21%73.17%53.54%61.29%
Interest Expense---001.25M
Interest Expense % of Total Revenue---0.00%0.00%2.30%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets276.26K85.03M86.97M88.58M309.56M342.00M
Total Liabilities435.97K479.70K495.55K3.02M8.40M38.59M
Total Equity-159.72K84.55M86.48M85.55M301.16M303.41M
Cash084.77M35.13M32.61M23.93M2.93M
Total Debt-----25.00M
Net Debt--84.77M-35.13M-32.61M-23.93M22.07M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--509.11K-50.15M5.75M-5.03M-20.48M
Investing Cash Flow------52.60B
Financing Cash Flow-85.28M85.27M-8.26M-3.64M-519.92K
Capital Expenditure000000
Free Cash Flow--509.11K-50.15M5.75M-5.03M-20.48M
Dividends Paid---8.26M12.42M23.27M
FCF to OCF-100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF---143.72%-246.68%-113.66%

Earnings

Report DateDec 1, 2021Mar 2, 2022Jun 1, 2022Aug 12, 2022Nov 10, 2022Mar 1, 2023May 12, 2023Aug 11, 2023Nov 9, 2023Mar 27, 2024May 9, 2024Aug 9, 2024Nov 7, 2024Mar 31, 2025May 14, 2025Aug 14, 2025Nov 13, 2025Mar 19, 2026May 14, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate0.200.37-0.040.040.090.230.170.220.190.280.160.24-0.010.280.340.360.350.360.360.400.40
EPS Actual0.00-0.02-0.640.040.090.210.220.310.260.28-0.010.25-0.030.350.330.340.420.360.440.34-
Surprise-100.00%-105.24%-1500.00%0.00%0.00%-6.52%29.41%40.91%36.84%0.00%-106.25%4.17%-166.00%25.00%-2.94%-5.56%20.00%0.00%22.22%-15.00%-
Timing------Pre-marketPre-marketAfter-hours-After-hoursPre-marketAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap218.39M
Enterprise Value244.47M
Trailing P/E7.20
Forward P/E6.34
Price / Sales3.64
Price / Book0.78
EPS1.33
Book Value13.26
Revenue (TTM)59.97M
Gross Profit (TTM)59.97M
Profit Margin52.82%
Operating Margin61.95%
Return on Equity10.48%
Return on Assets6.90%
Shares Outstanding22.82M
Shares Float0
Beta0.29
Dividend Yield13.55%
Dividend Rate1.36
Payout Ratio87.18%

Analyst Ratings

Hold
Based on 1 analystsTarget 11.00
  • Hold
    1

Ownership Breakdown

Institutions
30.56%
Insiders
1.03%
Retail / Other
68.41%

Top Institutional Holders

  • Intrepid Capital Management Inc
    756.18K3.31%
  • Sowell Financial Services, LLC
    511.39K2.24%
  • JPMorgan Chase & Co
    237.63K1.04%
  • CI Private Wealth LLC
    188.86K0.83%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    182.13K0.80%
  • CDC Financial, Inc.
    177.39K0.78%
  • HighTower Advisors, LLC
    173.62K0.76%
  • Condor Capital Management
    161.46K0.71%
  • LVM Capital Management Ltd.
    161.33K0.71%
  • Black Maple Capital Management LP
    130.92K0.57%
  • Citadel Advisors Llc
    88.15K0.39%
  • BlackRock Inc
    71.39K0.31%
  • Clayton Partners, LLC
    58.67K0.26%
  • Comprehensive Portfolio Management, LLC
    54.35K0.24%
  • Apollon Wealth Management, LLC
    48.81K0.21%
  • Venturi Wealth Management, LLC
    40.17K0.18%
  • FIRETHORN WEALTH PARTNERS, LLC
    38.65K0.17%

Top Fund Holders

  • Intrepid Income Institutional
    717.99K3.15%
  • Global X Marijuana Life Sciences ETF
    187.38K0.82%
  • iShares Listed Private Eq ETF USD Dist
    73.16K0.32%

Dividends

20263×
0.34Sep 25, 20260.34Jun 26, 20260.34Mar 30, 2026
20254×
0.34Dec 31, 20250.34Sep 29, 20250.34Jun 27, 20250.34Mar 28, 2025
20244×
0.34Dec 19, 20240.25Sep 19, 20240.25Jun 20, 20240.25Mar 19, 2024
20232×
0.70Dec 19, 20230.63Sep 14, 2023