Mar 31, 2021

Trinity Capital Q1 2021 Earnings Report

Trinity Capital's financial performance for Q1 2021 was marked by growth and strategic progress, including a successful IPO and increased investment income.

Key Takeaways

Trinity Capital Inc. reported a strong start to 2021 with a successful IPO, total investment income of $17.3 million, and net investment income of $7.3 million, or $0.31 per share. The company also saw an increase in NAV per share and maintained a high-performing portfolio.

Completed IPO raising net proceeds of $104.2 million.

Total investment income reached $17.3 million.

Net investment income was $7.3 million, or $0.31 per share.

NAV per share increased to $13.69 from $13.03 at December 31, 2020.

Total Revenue
$17.3M
Previous year: -$17.2M
-200.8%
EPS
$0.31
Previous year: -$1.38
-122.4%
Cash and Equivalents
$36M
Total Assets
$594M
Previous year: $225M
+164.5%

Trinity Capital

Trinity Capital

Forward Guidance

No specific forward guidance was provided in the release.