SSIC Stock Price, Silver Spike Investment Quote, Chart

Market Summary

USD11.08-0.03

Market Closed

-0.27%

SSIC Stock Price

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SSIC RSI Chart

SSIC Valuation

Market Cap

68.9M

Price/Earnings (Trailing)

-74.6

Price/Sales (Trailing)

10.39

Price/Free Cashflow

11.98

SSIC Price/Sales (Trailing)

SSIC Profitability

Return on Equity

-1.08%

Return on Assets

-1.04%

Free Cashflow Yield

8.35%

SSIC Fundamentals

SSIC Revenue

Revenue (TTM)

6.6M

Rev. Growth (Yr)

22.2%

Rev. Growth (Qtr)

7.71%

SSIC Earnings

Earnings (TTM)

-923.1K

Earnings Growth (Yr)

-260.61%

Earnings Growth (Qtr)

29.95%

Breaking Down SSIC Revenue

Last 7 days

6.5%

Last 30 days

13.1%

Last 90 days

44.1%

How does SSIC drawdown profile look like?

SSIC Financial Health

SSIC Investor Care

Shares Dilution (1Y)

0.00%

Diluted EPS (TTM)

1.18

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.6M	5.2M	6.3M	6.6M
2022	10.1K	899.5K	1.8M	2.7M
2021	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Which funds bought or sold SSIC recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Feb 14, 2024	JACOBS ASSET MANAGEMENT, LLC	added	21.99	103,060	1,553,560	1.21%
Feb 14, 2024	Penserra Capital Management LLC	unchanged	-	-102,000	699,000	0.01%
Feb 13, 2024	MORGAN STANLEY	new	-	15.00	15.00	-%
Feb 12, 2024	CAPSTONE INVESTMENT ADVISORS, LLC	sold off	-100	-262,464	-	-%
Feb 09, 2024	WELLS FARGO & COMPANY/MN	unchanged	-	-5,833	39,702	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%

Are Funds Buying or Selling SSIC?

Are funds buying SSIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SSIC

No. of Funds

Unveiling Silver Spike Investment Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	graticule asia macro advisors llc	0.0%	0	SC 13G/A
Feb 01, 2023	silver spike capital, llc	72.4%	4,500,387	SC 13G/A

Recent SEC filings of Silver Spike Investment Corp

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	N-14 8C	N-14 8C
Mar 29, 2024	425	Prospectus Filed
Mar 28, 2024	8-K	Current Report
Mar 28, 2024	425	Prospectus Filed
Mar 28, 2024	425	Prospectus Filed
Mar 28, 2024	10-K	Annual Report
Mar 15, 2024	8-K	Current Report
Mar 08, 2024	8-K	Current Report
Feb 23, 2024	8-K	Current Report
Feb 23, 2024	425	Prospectus Filed

Peers (Alternatives to Silver Spike Investment Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JNJ	357.8B	85.2B	-4.29%	-10.06%	10.18	4.2	6.46%	95.94%
MRK	321.7B	60.1B	1.36%	9.00%	881.36	5.35	1.40%	-97.49%
PFE	148.3B	46.5B	-4.27%	-33.23%	-106.79	3.19	42.59%	-114.62%
AMGN	146.3B	28.2B	-2.78%	11.49%	21.78	5.19	7.09%	2.52%
GILD	83.6B	27.1B	-7.58%	-21.63%	14.75	3.08	-0.60%	23.36%
TEVA	14.6B	15.8B	-7.47%	58.08%	-25.3	0.92	6.17%	76.47%
MID-CAP
PRGO	4.2B	4.7B	0.71%	-13.71%	-333.24	0.91	4.58%	90.97%
ALKS	4.1B	1.7B	-9.74%	-19.21%	11.58	2.48	49.61%	324.78%
BHC	3.1B	8.8B	-9.70%	20.22%	-5.28	0.36	7.79%	-163.11%
AMPH	2.0B	644.4M	-6.03%	4.38%	14.34	3.06	29.14%	50.51%
SMALL-CAP
TLRY	1.4B	743.2M	-14.42%	-17.86%	-4.05	1.92	24.65%	80.36%
TXMD	22.3M	1.3M	-15.72%	-46.54%	-2.17	17.09	-98.14%	-109.18%
ACRX	16.3M	-	-17.24%	40.47%	-0.89	0.22	2882.68%	-138.52%
AGRX	2.7M	19.6M	-33.33%	-94.15%	-0.19	0.14	80.00%	43.08%
ACOR	645.9K	117.6M	-96.48%	-95.45%	0	0.01	-0.79%	-283.60%

Silver Spike Investment Corp News

Latest updates

Silver Spike Investment Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)									(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	7.7%	1,741,723	1,616,986	1,899,412	1,370,723	1,425,327	550,415	221,245	-	-
S&GA Expenses	-	-	-	-	-	-	-	-	34,168	-
Net Income	30.0%	-1,850,234	-2,641,361	1,211,404	2,357,080	1,151,979	559,923	211,737	85,059,639	-
Net Income Margin	-154.6%	-0.14	0.26	0.75	0.79	21.43	-0.21	-0.41	-55.93	-
Free Cashflow	749.7%	7,138,994	840,198	351,633	-2,581,293	437,400	437,400	-24,147,613	-509,110	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet						(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q1
Assets	-0.7%	89.00	89.00	91.00	90.00	87.00	85.00
Cash Equivalents	9.4%	33.00	30.00	33.00	33.00	35.00	85.00
Liabilities	69.6%	3.00	2.00	1.00	1.00	0.00	0.00
Shareholder's Equity	-2.1%	86.00	87.00	90.00	89.00	86.00	85.00
Retained Earnings	-80.5%	0.00	2.00	5.00	4.00	1.00	-0.43
Additional Paid-In Capital	0.0%	85.00	85.00	85.00	85.00	85.00	85.00
Shares Outstanding	0.0%	6.00	6.00	6.00	6.00	6.00	6.00
Float	-	-	-	14.00	-	-	-

Cashflow (Last 12 Months)

(In )

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q1
Cashflow From Operations	749.7%	7,138,994	840,198	351,633	-2,581,293	-	437,400	-24,147,613	-509,110	-	-
Cashflow From Financing	-11.1%	-4,348,295	-3,914,922	-	-	-	-	-	85,269,770	-	-
Dividend Payments	-	4,348,295	-	-	-	-	-	-	-	-	-

SSIC Income Statement

2023-12-31

Statements of Operations - USD ($)

9 Months Ended

12 Months Ended

Dec. 31, 2022

Dec. 31, 2023

Mar. 31, 2022

Non-control/non-affiliate investment income

Interest income

$ 3,626,792

Fee income

410,000

$ 196,251

$ 0

Total investment income

4,036,792

EXPENSES

Income-based incentive fees

0

^[1]

1,511,253

0

Management fee

336,432

^[1]

1,013,764

0

Transaction expenses

0

^[1]

711,264

0

Audit expense

210,284

^[1]

499,698

40,000

Legal expenses

484,412

^[1]

343,824

34,069

Administrator fees

171,494

^[1]

335,253

47,151

Insurance expense

228,288

^[1]

269,719

46,488

Director expenses

99,845

^[1]

200,955

0

Valuation fees

0

^[1]

115,985

0

Capital gains incentive fees

0

^[1]

87,583

0

Other expenses

122,070

^[1]

85,953

6,808

Professional fees

70,264

^[1]

70,150

34,920

Custodian fees

36,150

^[1]

48,000

36,000

Excise tax expense

80,566

^[1]

10,655

0

Organizational expenses

0

^[1]

0

328,002

Total expenses

1,839,805

^[1]

5,304,056

573,438

NET INVESTMENT INCOME (LOSS)

2,196,987

^[1]

6,628,844

(563,365)

NET REALIZED GAIN (LOSS) FROM INVESTMENTS

Net realized gain (loss) from investments

0

^[1]

(210,767)

0

NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) FROM INVESTMENTS

Net change in unrealized appreciation (depreciation) from investments

(273,348)

^[1]

922,031

0

Net realized and unrealized gains (losses)

(273,348)

^[1]

711,264

0

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

$ 1,923,639

^[1]

$ 7,340,108

$ (563,365)

NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share)

$ 0.35

^[1]

$ 1.07

$ (0.64)

NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)

0.35

^[1]

1.07

(0.64)

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share)

0.31

^[1]

1.18

(0.64)

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share)

$ 0.31

^[1]

$ 1.18

$ (0.64)

WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)

6,214,672

^[1],[2]

6,214,682

877,409

WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)

6,214,672

^[1],[2]

6,214,682

877,409

Investment, Unaffiliated Issuer [Member]

Non-control/non-affiliate investment income

Interest income

$ 3,626,792

^[1]

$ 11,736,649

$ 10,073

Fee income

410,000

^[1]

196,251

0

Total investment income

4,036,792

^[1]

11,932,900

10,073

NET REALIZED GAIN (LOSS) FROM INVESTMENTS

Net realized gain (loss) from investments

0

^[1]

(210,767)

0

NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) FROM INVESTMENTS

Net change in unrealized appreciation (depreciation) from investments

$ (273,348)

^[1]

$ 922,031

$ 0

[1]	On November 8, 2022, our Board of Directors approved a change in our fiscal year end from March 31 to December 31.
[2]	386 shares were issued on June 16, 2021. There were no shares prior to June 16, 2021.

About Silver Spike Investment Corp

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.

0

CEO	Mr. Scott Gordon
INDUSTRY	Pharmaceuticals

Silver Spike Investment Corp Frequently Asked Questions

What is the ticker symbol for Silver Spike Investment Corp? What does SSIC stand for in stocks?

SSIC is the stock ticker symbol of Silver Spike Investment Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Silver Spike Investment Corp (SSIC)?

As of Wed Apr 24 2024, market cap of Silver Spike Investment Corp is 68.86 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SSIC stock?

You can check SSIC's fair value in chart for subscribers.

What is the fair value of SSIC stock?

You can check SSIC's fair value in chart for subscribers. The fair value of Silver Spike Investment Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Silver Spike Investment Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SSIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Silver Spike Investment Corp a good stock to buy?

The fair value guage provides a quick view whether SSIC is over valued or under valued. Whether Silver Spike Investment Corp is cheap or expensive depends on the assumptions which impact Silver Spike Investment Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SSIC.

What is Silver Spike Investment Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SSIC's PE ratio (Price to Earnings) is -74.6 and Price to Sales (PS) ratio is 10.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SSIC PE ratio will change depending on the future growth rate expectations of investors.