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Jun 30, 2021
Trinity Capital Q2 2021 Earnings Report
Trinity Capital reported strong financial results driven by record commitments and fundings and portfolio growth.
Key Takeaways
Trinity Capital Inc. reported a total investment income of $19.5 million, a 40.7% increase year-over-year. Net investment income was $10.1 million, or $0.38 per share, a 49.1% increase year-over-year. The company achieved record total commitments of $126.5 million and fundings of $122.4 million.
Total investment income of $19.5 million, an increase of 40.7% year-over-year
Net investment income (“NII”) of $10.1 million, or $0.38 per share, an increase of 49.1% year-over-year
Aggregate debt and equity investment commitments of $126.5 million
Investment portfolio of $597.7 million at fair value, an increase of 11.6% from Q1 2021
Forward Guidance
I am very encouraged by the overall health and resiliency in the venture capital industry. As fundraising activity remains strong through the first half of 2021, we expect to continue to see a strong pipeline of emerging growth companies that meet our disciplined sourcing criteria. With total liquidity exceeding $107 million, we remain well-positioned from a financial position to deploy capital, grow our investment portfolio and effectively increase our leverage.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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