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Chicago Atlantic BDC (LIEN)
NASDAQ:LIEN
Earnings Data
Report Date
Aug 08, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.36Last Year’s EPS
0.21Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 6.48%
|Next Earnings Date:Aug 08, 2025
Earnings Call Sentiment|Positive
The earnings call showed a robust performance in terms of yield and portfolio security, alongside a solid capital deployment strategy and strong liquidity position. However, there were slight declines in net investment income and gross investment income compared to the previous quarter. Despite these declines, the overall performance and strategic positioning indicate a positive outlook.Company Guidance
During the Chicago Atlantic BDC First Quarter 2025 Earnings Conference Call, the company provided several financial metrics as part of its guidance and current performance highlights. The weighted average yield on debt investments stood at 16.6%, significantly higher than the BDC industry average of 12.1%. The portfolio maintained a secured net leverage ratio of 1.4x and an interest coverage ratio of 3.4x, with no loans on non-accrual status, compared to an industry average of 3.9%. The company committed $32.3 million in new debt investments in Q1 2025 and funded $20.8 million of this amount, with total originations aligning with expectations. Chicago Atlantic BDC announced a dividend of $0.34 per share for the third consecutive quarter, contributing to a total of $1.27 in dividends over the last four quarters. Currently, 76% of the portfolio is floating rate with a rate floor, and the company closed on a new $100 million credit facility, leaving the BDC underleveraged relative to peers. The company remains focused on deploying capital with a disciplined approach, especially within the cannabis sector and other underserved markets, and plans to scale its platform while maintaining a lower leverage compared to industry standards.Strong Portfolio Performance
The weighted average yield on debt investments as of March 31st was 16.6%, compared with the BDC average of 12.1%. All debt investments are senior secured, and there are no non-accruals compared to an industry average of 3.9%.
Successful Capital Deployment
Since October 1st, 2024, $52.8 million in gross fundings were originated. In Q1 2025, $32.3 million was committed and $20.8 million funded. This is in line with expectations, with significant activity noted in February and March.
Dividend Stability
A $0.34 dividend was announced, marking the third consecutive quarter at that rate, with a total of $1.27 declared in the last four quarters.
Strong Liquidity Position
A new $100 million credit facility was closed during the quarter, providing ample liquidity for future investments.
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
LIEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $9.88 | $9.73 | -1.52% |
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% |
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 Aug 08, 2025, TBA Not Confirmed.
What is Chicago Atlantic BDC (LIEN) earnings time?
Chicago Atlantic BDC (LIEN) earnings time is at Aug 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 (Q2) is 0.36.