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Chicago Atlantic BDC, Inc.

Company price
9.1228 USD 0.05 ( 0.58%)
Last update at 2026-11-09T15:39:00Z
VOLUME
16165
Market Cap
233.23M
P/E
7.35

Momentum Score

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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.

Source: TradingView
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Day Price Range
9.07
Low
9.12
High
52 Week Price Range
8.63
Low
10.41
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Chicago Atlantic BDC, Inc. is a closed-end business development company that originates and acquires senior secured loans and other credit instruments for U.S. middle-market companies, managed by Chicago Atlantic Management. Long-term growth may be supported by secular demand for private credit, reduced bank lending to mid-market borrowers, and the potential for floating-rate senior loans to benefit from higher interest rates. Investors may find the company attractive for income generation and portfolio diversification within private credit markets.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
9.07
Dividend Yield
13.36%
Revenue TTM
59.97M
Revenue Per Share
2.63
Gross Profit TTM
59.97M
Debt / Equity
0.08
ROE
10.48%
Net Debt
22.07M
ROCE
10.51%
Diluted EPS TTM
1.39

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 33.28M 9.62M 7.34M 1.71M -0.56M
Net income 33.28M 9.62M 7.34M 1.71M -0.56M
Selling general administrative 6108.48M 8.23M 2.68M 1.90M 0.25M
Selling and marketing expenses - - - 0.08M -
Gross profit 41.95M 17.97M 10.03M 4.05M 0.01M
Ebit - 9.62M - 2.06M -
Ebitda 34.53M 9.62M 7.34M 1.98M -0.56M
Depreciation and amortization - - - -1.98M -
Operating income 34.53M 9.62M 7.34M 2.06M -0.56M
Other operating expenses 19.77M 8.35M 2.69M 1.98M 0.57M
Interest expense 1.25M 0.00M 0.00M - -
Interest income 49.27M 19.91M 11.74M - 0.01M
Net interest income 49.08M 19.91M 11.74M - 0.01M
Total revenue 54.30M 17.97M 10.03M 4.05M 0.01M
Total operating expenses 7.42M 8.35M 2.69M 1.98M 0.57M
Cost of revenue 12.35M 4.28M - - -
Total other income expense net -1.25M 9.62M 7.34M -0.35M -0.56M
Net income from continuing ops 33.28M 9.62M 7.34M - -0.56M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 342.00M 309.56M 88.58M 86.97M 85.03M
Other current assets - -10.07M 0.09M 0.03M 0.26M
Total liab 38.59M 8.40M 3.02M 0.50M 0.48M
Total stockholder equity 303.41M 301.16M 85.55M 86.48M 84.55M
Other current liab -63.80M -0.09M 3.01M 0.46M 0.48M
Common stock 0.23M 0.23M 0.06M 0.06M 0.06M
Capital stock 0.23M 0.23M 0.06M - 0.06M
Retained earnings 0.03M -2.34M 0.45M 1.50M -0.43M
Other assets 335886.11M 10.39M 88.58M - 85.03M
Cash 2.93M 23.93M 32.61M 35.13M 84.77M
Total current liabilities 13.59M 0.04M 3.01M 0.46M 0.48M
Net debt 22.07M -23.93M -32.61M -35.13M -84.77M
Short term debt 25000.00M - - - -
Short long term debt total 25.00M - - - -
Other stockholder equity 303.15M 303.27M 85.04M 84.92M 84.92M
Total current assets 2.93M 23.93M 34.46M 36.72M 85.03M
Long term investments 333.31M 275.24M 54.12M - -
Net receivables 3175.59M 10.07M 1.76M 1.56M 0.01M
Accounts payable 7.78M 0.04M 0.00M - -
Accumulated other comprehensive income - - 0.00M - -
Non currrent assets other 339.06M -275.24M -54.12M - -
Non current assets total 339.06M 275.24M 54.12M 50.25M 0.01M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total cashflows from investing activities -52602.70M - - - -
Net borrowings 25.00M 0.00M 0.00M - -
Total cash from financing activities -0.52M -3.64M -8.26M 85.27M 85.28M
Net income 33.28M 9.62M 7.34M 1.71M -0.56M
Change in cash -21.00M -8.68M -2.51M 84.77M 84.77M
Begin period cash flow 23.93M 32.61M 35.13M 84.77M 0.00M
End period cash flow 2.93M 23.93M 32.61M 84.77M 84.77M
Total cash from operating activities -20.48M -5.03M 5.75M -50.15M -0.51M
Issuance of capital stock 0.00M 9.05M 0.00M - 85.28M
Depreciation -2908.79M - - - -
Dividends paid 23.27M 12.42M 8.26M - -
Change to account receivables 5.09M -8.31M -0.20M -1.56M -0.01M
Other cashflows from financing activities -2.25M -0.27M -0.00M 85.27M -
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 3.68M -4.11M 2.27M -1.61M 0.05M
Other non cash items -57.44M -10.55M -3.87M -50.24M 0.00M
Free cash flow -20.48M -5.03M 5.75M -50.15M -0.51M

Peer Comparison*

Sector: Financial Services Industry: Asset Management

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
LIEN
Chicago Atlantic BDC, Inc.
0.05
0.58%
9.12 7.35 6.25 3.89 0.77 6.47
BLK
BlackRock Inc
33.95
2.88%
1212.82 26.25 19.57 6.33 2.90 6.35
BX
Blackstone Group Inc
4.89
4.09%
124.39 33.20 20.12 11.05 11.56 9.14
IVSBF
Investor AB ser. B
-1.61
3.64%
42.50 4.67 3.83 3.78 1.13 4.15
KKR
KKR & Co. Inc.
1.46
1.51%
97.94 32.68 13.66 3.58 3.22 0.68

Profile*

Chicago Atlantic BDC, Inc.

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.

600 Madison Avenue, New York, NY, United States, 10022

312 625 9295

Name Title Year Born
Mr. Scott Charles Gordon Co-Chief Investment Officer & Executive Chairman 1961
Mr. Peter Sharp Sack Chief Executive Officer 1989
Mr. Bernardino M Colonna C.F.A. President 1979
Mr. Thomas Napoleon Geoffroy CPA Interim Chief Financial Officer 1974
Mr. Umesh Bhaskar Mahajan Co-Chief Investment Officer & Secretary 1971
Mr. Gianni Fazio Chief Accounting Officer 1996
Mr. Andrew Thomas Lovitt Chief Compliance Officer & General Counsel 1991
Mr. William Healy Partner & Head of Capital Formation 1964

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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