CA

Chicago Atlantic BDC, Inc.

LIENยทNASDAQ

$9.82

-0.46%
Financial ServicesAsset Management

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.

At a Glance

Live Snapshot
Market Cap$224.10M
EPS1.4600
P/E Ratio6.73
Earnings Date08/13/2026
3Y+1242.0%
5Y-
10Y-
3Y+1848.0%
5Y-3573.0%
10Y-3573.0%
3Y-59.0%
5Y-
10Y-
CA

Chicago Atlantic BDC, Inc. Profit Bridge

LIEN ยท NASDAQ
Revenue54.30M
Cost of Goods Sold (12.35M)
Gross Profit41.95M
Operating Expenses (7.42M)
Operating Income34.53M
Interest Expense (1.25M)
Other Income/Expense-1.25M
Pretax Income33.28M
Income Tax (0.00)
Net Income33.28M
Net Income
33.28M

Profitability Analysis

Gross Margin

77.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

63.6%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

61.3%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Chicago Atlantic BDC, Inc. Income Statement

LIEN โ€ข NASDAQ

Chicago Atlantic BDC, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Mar 2022Mar 2021
REVENUE
54.3M
18M
10M
4M
10.1K
0.0
GROSS PROFIT
(12.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
42M
18M
10M
4M
10.1K
0.0
OPERATING INCOME
(7.4M)
(8.3M)
(2.7M)
(2M)
(573.4K)
(958.3K)
(6.1B)
(8.2M)
(2.7M)
(2M)
(245.4K)
(958.3K)
34.5M
9.6M
7.3M
2.1M
-563.4K
-958.3K
PRE-TAX INCOME
(1.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
48M
19.9M
11.7M
0.0
10.1K
0.0
-6.1B
(120K)
(10.7K)
(0.0)
(328K)
(0.0)
-1.2M
0.0
0.0
-353.9K
0.0
0.0
33.3M
9.6M
7.3M
1.7M
-563.4K
-958.3K
NET INCOME
33.3M
9.6M
7.3M
1.7M
-563.4K
-958.3K

SEC Filings

LIEN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 14, 2026
April 10, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

March 19, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

December 19, 2025
December 09, 2025
2025
8-K

8-K 2025

N/A

December 01, 2025
December 01, 2025
2025
8-K

8-K 2025

N/A

November 13, 2025
November 13, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 13, 2025
September 30, 2025
2025
Showing 1 to 10 of 74 filings