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Chicago Atlantic BDC (LIEN)
NASDAQ:LIEN
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.29Last Year’s EPS
-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: -6.47%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call presented a predominantly positive outlook with significant advancements in dividend increases, credit facilities, and investment income. The company highlighted its strong portfolio metrics and robust pipeline despite challenges in the federal cannabis regulatory environment.Company Guidance
During the Chicago Atlantic BDC Fourth Quarter 2024 Conference Call, the company provided several key metrics and updates on its financial performance and strategic initiatives. Notably, they declared two dividends of $0.34 per share, marking a 36% increase from the previous quarter. The company closed a $100 million senior secured credit facility at a rate of 300 basis points over SOFR and deployed $45.5 million in gross fundings. As of December 31, the weighted average yield on debt investments was 16.5%, significantly higher than the BDC average of 12.1%. The portfolio included 28 companies, with 23.2% invested outside of cannabis, and maintained a strong position with no leverage and no non-accrual loans at year-end. Gross investment income for the quarter was $12.7 million, up from $3.7 million a year ago, with reported net investment income of $8 million or $0.35 per share. The company also emphasized its robust pipeline of nearly $644 million in potential debt transactions and highlighted its focus on providing credit to underserved markets.Increased Dividend Declaration
The company declared two dividends of $0.34 per share, a 36% increase from the $0.25 per share dividend for the quarter ended September 30, 2024.
New Credit Facility
Closed on a $100 million senior secured credit facility with an attractive rate of 300 basis points over SOFR.
Strong Investment Income Growth
Gross investment income for the quarter was $12.7 million, compared to $3.7 million in the fourth quarter last year.
High Portfolio Yield and Strong Metrics
Weighted average yield on debt investments was 16.5%, significantly higher than the BDC average of 12.1%. The portfolio had no non-accruals and no leverage at year-end, compared to BDC averages.
Diversified and Robust Pipeline
A pipeline of nearly $644 million with potential debt transactions across 39 unique companies, including both cannabis and non-cannabis sectors.
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LIEN Earnings History
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
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LIEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 31, 2025 | $11.44 | $11.25 | -1.66% |
| Nov 07, 2024 | $12.13 | $12.06 | -0.58% |
| Aug 08, 2024 | $11.02 | $10.74 | -2.54% |
| May 09, 2024 | $10.27 | $10.25 | -0.19% |
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.
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FAQ
When does Chicago Atlantic BDC (LIEN) report earnings?
Chicago Atlantic BDC (LIEN) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Chicago Atlantic BDC (LIEN) earnings time?
Chicago Atlantic BDC (LIEN) earnings time is at May 08, 2025, TBA Not 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 (Q1) is 0.29.
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