The earnings call highlighted a strong performance with high yields, robust liquidity, and active investment execution. While there are some concerns regarding market conditions and regulatory uncertainty in the cannabis sector, the company's strengths and strategic positioning offer confidence in future growth.

Company Guidance

During the second quarter of 2025, Chicago Atlantic BDC reported strong financial metrics and strategic achievements, underscoring their niche focus on lending to cannabis companies. They funded $39.1 million in new investments, all senior secured, and maintained a weighted average yield on debt investments of 16.1%, outperforming the average BDC yield of 11.8%. The company emphasized its low leverage with a secured net leverage ratio of 1.9x, an interest coverage ratio of 3.2x, and a debt level of only $5 million. They announced a $0.34 dividend, continuing a trend of consistent returns with $1.36 in dividends over the past year. As of June 30, 2025, Chicago Atlantic BDC had no loans on non-accrual status and $125.4 million in liquidity, positioning them well for future portfolio growth. They highlighted a significant pipeline of $780 million in potential debt transactions, with $649 million in cannabis opportunities, poised for further expansion amid potential regulatory changes in the cannabis sector.

Strong Investment Execution

Executed $39.1 million in new investments with three new borrowers, maintaining a strong portfolio with high collateral coverage.

High Yield on Debt Investments

Achieved a weighted average yield on debt investments of 16.1%, compared to the average BDC yield of 11.8%, showcasing superior performance.

No Non-Accrual Loans

The portfolio has no non-accrual loans, whereas the industry average is 3.8%, indicating a well-managed portfolio.

Robust Liquidity Position

Currently, $125.4 million in liquidity is available for deployment, ensuring a strong position for future investments.

Increase in Gross Investment Income

Gross investment income for the quarter was $13.1 million, up from $11.9 million in the previous quarter.

Active Origination Efforts

Funded $24.7 million in new debt investments in the third quarter to date, including four new borrowers, indicating continued growth.

Strong Pipeline Growth

The pipeline increased to $780 million in potential debt transactions, showing significant growth in opportunities.

Chicago Atlantic BDC (LIEN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LIEN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.34 / -	0	―	―	―
Aug 14, 2025	2025 (Q2)	0.36 / 0.34	0.21	61.90% (+0.13)
May 14, 2025	2025 (Q1)	- / 0.34	0.08	325.00% (+0.26)	―
Mar 31, 2025	2024 (Q4)	0.34 / 0.33	0.08	312.50% (+0.25)	―
Nov 07, 2024	2024 (Q3)	-0.01 / 0.00	0.26	―	―
Aug 08, 2024	2024 (Q2)	0.07 / 0.21	0.31	-32.26% (-0.10)	―
May 09, 2024	2024 (Q1)	0.16 / 0.08	0.22	-63.64% (-0.14)	―
Mar 27, 2024	2023 (Q4)	0.28 / 0.28	0.215	30.23% (+0.07)	―
Nov 09, 2023	2023 (Q3)	0.19 / 0.26	0.09	188.89% (+0.17)	―
Mar 30, 2023	2022 (Q5)	0.18 / 0.21	-0.019	1231.58% (+0.23)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LIEN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 14, 2025	$10.41	$10.44	+0.29%
May 14, 2025	$9.57	$9.43	-1.46%
Mar 31, 2025	$11.08	$10.90	-1.62%
Nov 07, 2024	$11.75	$11.69	-0.51%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Chicago Atlantic BDC (LIEN) report earnings?

Chicago Atlantic BDC (LIEN) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Chicago Atlantic BDC (LIEN) earnings time?

Chicago Atlantic BDC (LIEN) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LIEN EPS forecast?

LIEN EPS forecast for the fiscal quarter 2025 (Q3) is 0.34.

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