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Jun 30, 2024
Trinity Capital Q2 2024 Earnings Report
Trinity Capital reported second quarter 2024 financial results, highlighted by record net investment income and growth in platform AUM.
Key Takeaways
Trinity Capital Inc. announced its financial results for the second quarter ended June 30, 2024, featuring a record total investment income of $54.6 million, a record net investment income of $26.7 million, and a net increase in net assets resulting from operations of $30.8 million. The company's platform AUM grew to $1.7 billion, marking a 36% increase year-over-year. The NAV improved to $13.12 per share.
Record total investment income of $54.6 million, an increase of 18.7% year-over-year
Record net investment income (NII) of $26.7 million, or $0.53 per basic share
Net increase in net assets resulting from operations of $30.8 million, or $0.61 per basic share
Total platform Assets Under Management increased to $1.7 billion, up 36% year over year
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
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