$11.65
+1.7%Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
SPMC • NYSE
| Sound Point Meridian Capital Inc Cash Flow Statement | Mar 2026 | Mar 2025 | Mar 2025 | Dec 2023 |
|---|---|---|---|---|
OPERATING ACTIVITIES | ||||
-126.2M | 21.1M | 63.6M | 63.6M | |
135.6M | 26.8M | -167.6M | -167.6M | |
-2.6M | 6.4M | -2.4M | -2.4M | |
6.7M | 54.3M | -106.4M | -106.4M | |
INVESTING ACTIVITIES | ||||
(0.0) | -293.6M | (0.0) | (0.0) | |
0.0 | 77.1M | 0.0 | 0.0 | |
(0.0) | -216.4M | (0.0) | (0.0) | |
FINANCING ACTIVITIES | ||||
1.2M | 141.9M | 85.5M | 85.5M | |
-10M | 70M | 0.0 | 0.0 | |
-57.8M | -39.7M | (0.0) | -42.0 | |
(0.0) | (0.0) | -42K | -42K | |
55.8M | 0.0 | 0.0 | 42.0 | |
-10.9M | 172.1M | 85.5M | 85.5M | |
CASH FLOW SUMMARY | ||||
-4.1M | 9.9M | -20.9M | -20.9M | |
9.9M | 5M | 25.9M | 25.9M | |
5.8M | 9.9M | 5M | 5M | |
6.7M | 54.3M | -106.4M | -106.4M |
SPMC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 09, 2026 | April 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 09, 2026 | February 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 09, 2026 | January 08, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 08, 2025 | December 08, 2025 | 2025 | |
DEF 14A DEF 14A 2025 N/A | November 21, 2025 | December 17, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 13, 2025 | 2025 |
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