Trinity Capital Q2 2024 Earnings Report
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
Trinity Capital
Trinity Capital
Trinity Capital Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.