Silver Spike Investment Key Executives
This section highlights Silver Spike Investment's key executives, including their titles and compensation details.
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Silver Spike Investment Earnings
This section highlights Silver Spike Investment's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-31 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-09 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-10 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-03-28 | N/A | N/A |
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.
$10.74
Stock Price
$66.72M
Market Cap
1.20K
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for Silver Spike Investment, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|---|
| Revenue | $11.72M | $4.05M | $10.07K | $- |
| Cost of Revenue | $3.62M | $- | $83.15K | $- |
| Gross Profit | $8.10M | $4.05M | $-73.08K | $- |
| Gross Profit Ratio | 69.10% | 100.00% | -725.50% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- |
| General and Administrative Expenses | $2.68M | $1.68M | $245.44K | $60.00K |
| Selling and Marketing Expenses | $- | $304.38K | $- | $898.29K |
| Selling General and Administrative Expenses | $2.68M | $1.98M | $245.44K | $958.29K |
| Other Expenses | $-762.49K | $- | $-490.29K | $- |
| Operating Expenses | $762.49K | $2.34M | $245.44K | $958.29K |
| Cost and Expenses | $4.38M | $2.34M | $245.44K | $958.29K |
| Interest Income | $11.74M | $- | $10.07K | $- |
| Interest Expense | $- | $- | $- | $- |
| Depreciation and Amortization | $-1.73B | $228.49K | $236.56K | $206.30K |
| EBITDA | $7.34M | $-273.35K | $-563.37K | $- |
| EBITDA Ratio | 62.62% | -6.75% | -5592.82% | 0.00% |
| Operating Income | $7.34M | $1.98M | $-563.37K | $-958.29K |
| Operating Income Ratio | 62.62% | 48.96% | -5592.82% | 0.00% |
| Total Other Income Expenses Net | $-2 | $-273.35K | $-5 | $- |
| Income Before Tax | $7.34M | $1.71M | $-563.37K | $-958.29K |
| Income Before Tax Ratio | 62.62% | 42.21% | -5592.82% | 0.00% |
| Income Tax Expense | $7.34M | $107.42K | $- | $- |
| Net Income | $7.34M | $1.71M | $-563.37K | $-958.29K |
| Net Income Ratio | 62.62% | 42.21% | -5592.82% | 0.00% |
| EPS | $1.18 | $0.31 | $-0.64 | $0.00 |
| EPS Diluted | $1.18 | $0.31 | $-0.64 | $0.00 |
| Weighted Average Shares Outstanding | 6.21M | 5.55M | 877.41K | - |
| Weighted Average Shares Outstanding Diluted | 6.21M | 5.55M | 877.41K | - |
| SEC Filing | Source | Source | Source | Source |
| Breakdown | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.76B | $3.66M | $1.91M | $1.64M | $3.13M | $2.05M | $1.08M | $745.04K | $10.07B |
| Cost of Revenue | $2.11B | $1.52M | $-2.92B | $-2.89B | $-2.45B | $- | $- | $- | $- |
| Gross Profit | $654.20M | $2.14M | $2.92B | $2.89B | $2.46B | $2.05M | $1.08M | $745.04K | $10.07B |
| Gross Profit Ratio | 23.70% | 58.50% | 152796.50% | 176108.80% | 78457.20% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $98.46M | $1.11M | $635.18K | $431.73K | $775.63K | $464.42K | $519.68K | $533.30K | $82.07B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $76.37K | $- | $- | $- |
| Selling General and Administrative Expenses | $98.46M | $1.11M | $635.18K | $431.73K | $775.63K | $540.79K | $519.68K | $533.30K | $82.07B |
| Other Expenses | $- | $354.36K | $-876.67K | $-1.11M | $300.57K | $- | $- | $- | $491.37B |
| Operating Expenses | $98.46M | $-354.36K | $635.18K | $431.73K | $775.63K | $894.70K | $519.68K | $533.30K | $573.44B |
| Cost and Expenses | $2.20B | $1.17M | $100.46M | $105.63M | $96.04M | $894.70K | $519.68K | $588.35K | $573.44B |
| Interest Income | $2.73B | $3.63M | $2.89M | $2.76M | $2.46M | $- | $1.18M | $399.59K | $10.07B |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $-741.05M | $214.94M | $-343.10M | $-477.24M | $-1.13B | $54.88K | $27.08K | $86.06K | $60.46K |
| EBITDA | $555.74M | $2.50M | $2.82B | $2.79B | $2.36M | $-273.35K | $559.92K | $211.74K | $-563.37B |
| EBITDA Ratio | 20.13% | 68.16% | 147534.31% | 169680.38% | 75.24% | -13.36% | 51.86% | 28.42% | -5592.82% |
| Operating Income | $555.74M | $2.50M | $2.82B | $2.79B | $2.36M | $1.43M | $559.92K | $211.74K | $-563.37B |
| Operating Income Ratio | 20.13% | 68.16% | 147534.31% | 169680.38% | 75.24% | 69.64% | 51.86% | 28.42% | -5592.82% |
| Total Other Income Expenses Net | $- | $2 | $-2.82B | $-2.79B | $986.36K | $-273.35K | $9.51K | $-9.51K | $- |
| Income Before Tax | $- | $2.50M | $1.27M | $1.21M | $2.36M | $1.15M | $559.92K | $211.74K | $-563.37B |
| Income Before Tax Ratio | 0.00% | 68.16% | 66.73% | 73.73% | 75.24% | 56.29% | 51.86% | 28.42% | -5592.82% |
| Income Tax Expense | $- | $-5.87M | $1.62M | $1.90M | $2.36M | $-273.35K | $559.92K | $211.74K | $- |
| Net Income | $- | $2.50M | $1.27M | $1.21M | $2.36M | $1.15M | $559.92K | $211.74K | $-563.37B |
| Net Income Ratio | 0.00% | 68.16% | 66.73% | 73.73% | 75.24% | 56.29% | 51.86% | 28.42% | -5592.82% |
| EPS | $0.00 | $0.40 | $0.20 | $0.19 | $0.38 | $0.19 | $0.09 | $0.03 | $-642077.98 |
| EPS Diluted | $0.00 | $0.40 | $0.20 | $0.19 | $0.38 | $0.19 | $0.09 | $0.03 | $-642077.98 |
| Weighted Average Shares Outstanding | 6.21M | 6.21M | 6.21M | 6.21M | 6.21M | 6.19M | 6.21M | 6.21M | 877.41K |
| Weighted Average Shares Outstanding Diluted | 6.21M | 6.21M | 6.21M | 6.21M | 6.21M | 6.19M | 6.21M | 6.21M | 877.41K |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|---|
| Cash and Cash Equivalents | $32.61M | $35.13M | $84.77M | $- |
| Short Term Investments | $- | $- | $-84.76M | $- |
| Cash and Short Term Investments | $32.61M | $35.13M | $5.40K | $- |
| Net Receivables | $1.76M | $1.56M | $9.21K | $- |
| Inventory | $- | $1 | $169.54M | $- |
| Other Current Assets | $39.27K | $32.32K | $-84.78M | $- |
| Total Current Assets | $34.41M | $36.72M | $84.78M | $- |
| Property Plant Equipment Net | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- |
| Long Term Investments | $54.12M | $50.25M | $- | $- |
| Tax Assets | $- | $- | $- | $- |
| Other Non-Current Assets | $50.00K | $-50.25M | $256.51K | $276.26K |
| Total Non-Current Assets | $54.17M | $50.25M | $256.51K | $276.26K |
| Other Assets | $-0 | $- | $- | $- |
| Total Assets | $88.58M | $86.97M | $85.03M | $276.26K |
| Account Payables | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- |
| Other Current Liabilities | $3.01M | $461.88K | $- | $435.97K |
| Total Current Liabilities | $3.01M | $461.88K | $- | $435.97K |
| Long Term Debt | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $479.70K | $- |
| Total Non-Current Liabilities | $- | $- | $479.70K | $- |
| Other Liabilities | $- | $- | $1.52M | $- |
| Total Liabilities | $3.01M | $461.88K | $479.70K | $435.97K |
| Preferred Stock | $- | $- | $- | $- |
| Common Stock | $62.15K | $62.15K | $62.15K | $- |
| Retained Earnings | $449.27K | $1.50M | $-427.85K | $-159.72K |
| Accumulated Other Comprehensive Income Loss | $-0 | $0 | $- | $- |
| Other Total Stockholders Equity | $85.04M | $84.92M | $84.92M | $- |
| Total Stockholders Equity | $85.55M | $86.48M | $84.55M | $-159.72K |
| Total Equity | $85.55M | $86.48M | $84.55M | $-159.72K |
| Total Liabilities and Stockholders Equity | $88.56M | $86.94M | $85.03M | $276.26K |
| Minority Interest | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $88.56M | $86.94M | $85.03M | $276.26K |
| Total Investments | $54.12M | $50.25M | $-84.76M | $- |
| Total Debt | $- | $- | $- | $- |
| Net Debt | $-32.61M | $-35.13M | $-84.77M | $- |
Balance Sheet Charts
| Breakdown | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | June 30, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $33.16M | $32.61M | $29.82M | $32.90M | $32.54M | $35.13M | $61.06M | $60.62M | $84.77M | $5.40K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $24.42M | $- | $- |
| Cash and Short Term Investments | $33.16M | $32.61M | $29.82M | $32.90M | $32.54M | $35.13M | $61.06M | $85.04M | $84.77M | $5.40K |
| Net Receivables | $1.68M | $1.76M | $1.83M | $591.37K | $1.57M | $1.56M | $252.55K | $66.09K | $9.21K | $- |
| Inventory | $- | $- | $- | $- | $1 | $1 | $- | $- | $- | $- |
| Other Current Assets | $594.79K | $39.27K | $103.84K | $179.66K | $254.65K | $32.32K | $- | $- | $- | $- |
| Total Current Assets | $35.43M | $34.41M | $31.75M | $33.67M | $34.37M | $36.72M | $61.31M | $85.10M | $84.78M | $5.40K |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $54.85M | $54.12M | $57.38M | $57.67M | $55.62M | $50.25M | $24.47M | $24.42M | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $69.91K | $50.00K | $50.00K | $- | $- | $- | $-24.47M | $-24.42M | $- | $- |
| Total Non-Current Assets | $54.92M | $54.17M | $57.43M | $57.67M | $55.62M | $50.25M | $24.47M | $24.42M | $- | $- |
| Other Assets | $- | $-0 | $- | $- | $- | $- | $119.79K | $-24.21M | $256.51K | $635.22K |
| Total Assets | $90.35M | $88.58M | $89.19M | $91.34M | $89.99M | $86.97M | $85.90M | $85.31M | $85.03M | $635.22K |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $5.82M | $3.01M | $1.77M | $1.28M | $1.14M | $461.88K | $- | $- | $- | $- |
| Total Current Liabilities | $5.82M | $3.01M | $1.77M | $1.28M | $1.14M | $461.88K | $- | $- | $- | $- |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $571.90K | $545.46K | $479.70K | $873.61K |
| Total Liabilities | $5.82M | $3.01M | $1.77M | $1.28M | $1.14M | $461.88K | $571.90K | $545.46K | $479.70K | $873.61K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $62.15K | $62.15K | $62.15K | $62.15K | $62.15K | $62.15K | $62.15K | $62.15K | $62.15K | $4 |
| Retained Earnings | $-573.98K | $449.27K | $2.30M | $4.94M | $3.73M | $1.50M | $343.81K | $-216.11K | $- | $-243.79K |
| Accumulated Other Comprehensive Income Loss | $-0 | $-0 | $-0 | $0 | $-0 | $0 | $- | $- | $- | $- |
| Other Total Stockholders Equity | $85.03M | $85.04M | $85.04M | $85.04M | $85.04M | $84.92M | $84.92M | $84.92M | $84.49M | $5.40K |
| Total Stockholders Equity | $84.52M | $85.55M | $87.40M | $90.04M | $88.83M | $86.48M | $85.32M | $84.76M | $84.55M | $-238.39K |
| Total Equity | $84.52M | $85.55M | $87.40M | $90.04M | $88.83M | $86.48M | $85.32M | $84.76M | $84.55M | $-238.39K |
| Total Liabilities and Stockholders Equity | $90.33M | $88.56M | $89.17M | $91.32M | $89.97M | $86.94M | $85.90M | $85.31M | $85.03M | $635.22K |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $90.33M | $88.56M | $89.17M | $91.32M | $89.97M | $86.94M | $85.90M | $85.31M | $85.03M | $635.22K |
| Total Investments | $54.85M | $54.12M | $57.38M | $57.67M | $55.62M | $50.25M | $24.47M | $48.84M | $- | $- |
| Total Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Debt | $-33.16M | $-32.61M | $-29.82M | $-32.90M | $-32.54M | $-35.13M | $-61.06M | $-60.62M | $-84.77M | $-5.40K |
Annual Cash Flow
| Breakdown | December 31, 2023 | December 31, 2022 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|---|
| Net Income | $7.34M | $1.71M | $-563.37K | $-958.29K |
| Depreciation and Amortization | $-1.73B | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- |
| Change in Working Capital | $2.27M | $-1.61M | $54.26K | $958.29K |
| Accounts Receivables | $-196.28K | $-1.56M | $-9.21K | $- |
| Inventory | $- | $- | $- | $- |
| Accounts Payables | $2.43M | $- | $47.15K | $- |
| Other Working Capital | $45.78K | $-53.99K | $16.32K | $958.29K |
| Other Non Cash Items | $-3.87M | $-50.24M | $-37.94K | $958.29K |
| Net Cash Provided by Operating Activities | $7.98M | $-50.15M | $-509.11K | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- |
| Purchases of Investments | $-8.44B | $- | $- | $- |
| Sales Maturities of Investments | $6.21B | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $-2.23B | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $85.28M | $- |
| Common Stock Repurchased | $- | $- | $- | $- |
| Dividends Paid | $-8.26M | $- | $- | $- |
| Other Financing Activities | $-8.26B | $85.27M | $- | $- |
| Net Cash Used Provided by Financing Activities | $-10.49M | $85.27M | $85.28M | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- |
| Net Change in Cash | $-52.15M | $- | $84.77M | $- |
| Cash at End of Period | $32.61M | $84.77M | $84.77M | $- |
| Cash at Beginning of Period | $84.77M | $84.77M | $- | $- |
| Operating Cash Flow | $7.98M | $-50.15M | $-509.11K | $- |
| Capital Expenditure | $- | $- | $- | $- |
| Free Cash Flow | $7.98M | $-50.15M | $-509.11K | $- |
Cash Flow Charts
| Breakdown | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $2.50M | $1.27M | $1.21M | $2.36M | $1.15M | $559.92K | $211.74K |
| Depreciation and Amortization | $-741.05M | $214.94M | $-343.10M | $-477.24M | $-1.13B | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $1.38M | $-721.73K | $1.19M | $430.38K | $-1.30M | $-72.56K | $58.15K |
| Accounts Receivables | $- | $74.31K | $-1.24M | $976.66K | $-8.95K | $-1.31M | $-186.46K | $-56.88K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $1.26M | $1.14M | $-229.22K | $261.89K | $- | $- | $- |
| Other Working Capital | $- | $50.81K | $-621.00K | $438.54K | $177.43K | $3.69K | $113.90K | $92.98K |
| Other Non Cash Items | $- | $-2.50M | $343.39M | $475.20M | $1.12B | $-25.78M | $-49.97K | $-24.42M |
| Net Cash Provided by Operating Activities | $2.10B | $2.70M | $840.20K | $351.63K | $-2.58M | $-25.93M | $437.40K | $-24.15M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-4.21B | $8.44M | $-8.44M | $-4.23B | $- | $- | $-24.42M |
| Sales Maturities of Investments | $63.00M | $6.21B | $-1.69M | $1.69M | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $63.00M | $2.00B | $6.75M | $-6.75M | $-4.23B | $- | $- | $-24.42M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-74.00K | $-4.35M | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-1.55B | $-8.25B | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-1.55B | $85.80K | $-3.91M | $4.23M | $-4.23M | $- | $- | $- |
| Effect of Forex Changes on Cash | $- | $-4.23B | $-6.75M | $2.52M | $4.23B | $- | $- | $- |
| Net Change in Cash | $548.66M | $2.79M | $-3.07M | $351.63K | $-2.58M | $23.71M | $437.40K | $-24.15M |
| Cash at End of Period | $33.16B | $32.61M | $29.82M | $32.90M | $32.54M | $84.77M | $61.06M | $60.62M |
| Cash at Beginning of Period | $32.61B | $29.82M | $32.90M | $32.54M | $35.13M | $61.06M | $60.62M | $84.77M |
| Operating Cash Flow | $2.10B | $2.70M | $840.20K | $351.63K | $-2.58M | $-25.93M | $437.40K | $-24.15M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $2.10B | $2.70M | $840.20K | $351.63K | $-2.58M | $-25.93M | $437.40K | $-24.15M |
Silver Spike Investment Dividends
Explore Silver Spike Investment's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
9.85%
Dividend Payout Ratio
129.07%
Dividend Paid & Capex Coverage Ratio
-0.41x
Silver Spike Investment Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.25 | $0.25 | September 19, 2024 | September 19, 2024 | September 27, 2024 | August 08, 2024 |
| $0.25 | $0.25 | June 20, 2024 | June 20, 2024 | June 28, 2024 | May 09, 2024 |
| $0.25 | $0.25 | March 19, 2024 | March 20, 2024 | March 28, 2024 | March 08, 2024 |
| $0.45 | $0.45 | December 19, 2023 | December 20, 2023 | December 29, 2023 | November 09, 2023 |
| $0.4 | $0.4 | September 14, 2023 | September 15, 2023 | September 29, 2023 | August 10, 2023 |
Silver Spike Investment News
Read the latest news about Silver Spike Investment, including recent articles, headlines, and updates.
Silver Spike Investment Corp. Completes Loan Portfolio Acquisition
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced the completion of its previously announced acquisition from Chicago Atlantic Loan Portfolio, LLC (“CALP”) of a portfolio of loans (the “CALP Loan Portfolio”) in exchange for newly issued shares of the Company's common stock (the “Loan Portfolio Acquisition”). As a result of the Loan Portfolio Acquisition, the Company has net assets of approximately $300 million and investments in 28 portfolio companies.
Silver Spike Investment Corp. Announces Stockholder Approval of Loan Portfolio Acquisition
NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced that the stockholders of the Company have voted at the Company's special meeting of stockholders held today (the “Special Meeting”) to approve the proposal related to the Company's acquisition from Chicago Atlantic Loan Portfolio, LLC (“CALP”) of a portfolio of loans (the “CALP Loan Portfolio”) in exchange for newly-issued shares of SSIC's common stock (the “Loan Portfolio Acquisition”).
Silver Spike Investment Corp. (SSIC) Q2 2024 Earnings Call Transcript
Silver Spike Investment Corp. (NASDAQ:SSIC ) Q2 2024 Earnings Conference Call August 9, 2024 8:00 AM ET Company Participants Umesh Mahajan - Chief Financial Officer Scott Gordon - Chief Executive Officer Operator Good day, and thank you for standing by. Welcome to the Silver Spike Investment Corp. Second Quarter 2024 Earnings Conference Call.
Silver Spike Investment Corp. Reports Second Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per Share
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2024.
Silver Spike Investment Corp. Announces Second Quarter 2024 Financial Results Conference Call
NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its second quarter ended June 30, 2024, before market open on Friday, August 9, 2024.
Silver Spike Investment: Potential Gem's 8% Yield Not As Risky As It Seems
Silver Spike Investment Corp. reported negative net investment income in latest earnings, but dividend yield remains safe with coverage of 132%. SSIC's potential catalysts include growth in the cannabis industry and possible federal legalization, which could positively impact their cash flows. Despite solid fundamentals and safe dividend yield, SSIC remains a hold due to unstable NAV and possible overvaluation.
Silver Spike Investment Corp. (SSIC) Q1 2024 Earnings Call Transcript
Silver Spike Investment Corp. (NASDAQ:SSIC ) Q1 2024 Results Conference Call May 10, 2024 8:00 AM ET Company Participants Umesh Mahajan - Chief Financial Officer Scott Gordon - Chief Executive Officer Conference Call Participants Michael Lavery - Piper Sandler Pablo Zuanic - Zuanic & Associates Operator Good day and thank you for standing by. Welcome to Silver Spike Investment Corp. First Quarter 2024 Earnings Conference Call.
Silver Spike Investment Corp. Reports First Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per Share
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2024.
Silver Spike Investment Corp. Announces First Quarter 2024 Financial Results Conference Call
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its first quarter ended March 31, 2024, before market open on Friday, May 10, 2024.
Silver Spike Investment Q4: This Cannabis BDC Looks Poised For Growth
Silver Spike Investment Corp. is the only business development company in the cannabis sector, making it an attractive investment as the industry grows. The company reported solid financial numbers for its first full year of operations, with net investment and total investment income growing quarter-over-quarter and year-over-year. Silver Spike recently entered into an agreement with Chicago Atlantic, which is expected to increase scale, liquidity, and portfolio diversification.
Silver Spike Investment Corp. Reports Fiscal Year End 2023 Financial Results
NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the fiscal year ended December 31, 2023.
Silver Spike Investment Corp. Announces Fiscal Year End 2023 Financial Results Conference Call
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced it will report financial results for its fiscal year ended December 31, 2023, before market open on Thursday, March 28, 2024.
Silver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024
NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that Silver Spike's board of directors has declared a cash dividend of $0.25 per share for the quarter ending March 31, 2024.
Silver Spike Investment Corp. Announces a Broadening of Its Investment Strategy
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that the board of directors of Silver Spike has unanimously approved an expansion of Silver Spike's investment strategy to permit investments in companies outside of the cannabis and health and wellness sectors that otherwise meet the Company's current investment criteria.
Silver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago Atlantic
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that it entered into a definitive agreement with Chicago Atlantic Loan Portfolio, LLC (“CALP”) for the purchase (the “Loan Portfolio Acquisition”) from CALP of a sizeable portfolio of loans (the “CALP Loan Portfolio”). The Company will acquire the CALP Loan Portfolio in exchange for newly issued shares of the Company's common stock with a net asset value equal to the value of the CALP Loan Portfolio, each determined shortly before closing. The Loan Portfolio Acquisition is consistent with the Company's new, broadened investment strategy, separately announced today.
The 3 Most Undervalued Cannabis Stocks to Buy in February 2024
Are you on the hunt for some undervalued cannabis stocks? The government's potential rescheduling of cannabis from Schedule I to Schedule III (or perhaps even descheduling) has been one of the most anticipated catalysts of the cannabis market.
Silver Spike Investment: Cannabis BDC With Attractive Dividends
Silver Spike Investment is a BDC focused on direct-lending to the cannabis industry, making it an attractive investment in a growing market. SSIC's financials have not been strong since going public, but they have a pipeline of $448 million in the works and a portfolio of well-known cannabis operators. SSIC stock is currently trading at a discount of roughly 45% to its NAV, making it a compelling investment for those willing to take on the risk.
Silver Spike Investment Corp. Reports Third Quarter 2023 Financial Results
NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced its financial results for the quarter ended September 30, 2023.
Silver Spike Investment Corp. Announces Third Quarter 2023 Financial Results Conference Call
NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced it will report financial results for its third quarter ended September 30, 2023, before market open on Friday, November 10, 2023.
Silver Spike Investment Corp. Declares Regular and Special Dividend
NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today reminded investors that the Company's Board of Directors declared a cash dividend of $0.63 per share, consisting of a regular quarterly dividend of $0.23 per share and a special dividend of $0.40 per share.
Silver Spike Investment Corp. Reports Second Quarter 2023 Financial Results
NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced its financial results for the quarter ended June 30, 2023.
Silver Spike Investment Corp. Announces Second Quarter 2023 Financial Results Conference Call
NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced it will report financial results for its second quarter ended June 30, 2023, before market open on Friday, August 11, 2023.
Silver Spike Investment Corp. Announces First Quarter 2023 Financial Results Conference Call
NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced it will report financial results for its first quarter ended March 31, 2023, after market close on Thursday, May 11, 2023.
Silver Spike Investment Corp. Announces Fiscal Year End 2022 Financial Results Conference Call
NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies, today announced it will report financial results for its fiscal year ended December 31, 2022, pre-market open on Friday, March 31, 2023.
AFC Gamma Compared To 2 Peers In Cannabis Lending: REFI And SSIC
This article takes a look at AFC Gamma compared to two close peers which are balance sheet lenders to the cannabis industry. Legalization efforts at the state level continue to progress while federal changes remain stalled. I provide some reflections and commentary here on the state of the market overall.
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