Sep 30, 2024

Trinity Capital Q3 2024 Earnings Report

Trinity Capital reported record total investment income and net investment income for Q3 2024.

Key Takeaways

Trinity Capital Inc. announced its financial results for the third quarter ended September 30, 2024, reporting record total investment income of $61.8 million and net investment income of $29.4 million, or $0.54 per basic share. The company's net asset value was $756.8 million, or $13.13 per share.

Record total investment income of $61.8 million, an increase of 33.2% year-over-year.

Record net investment income of $29.4 million, or $0.54 per basic share.

Net increase in net assets resulting from operations of $24.4 million, or $0.45 per basic share.

Net Asset Value of $756.8 million, or $13.13 per share at the end of Q3.

Total Revenue
$48M
Previous year: $44.6M
+7.7%
EPS
$0.52
Previous year: $0.55
-5.5%
Cash and Equivalents
$8.54M
Previous year: $7.23M
+18.0%
Free Cash Flow
$24.7M
Previous year: $21.1M
+17.1%
Total Assets
$1.73B
Previous year: $1.15B
+50.7%

Trinity Capital

Trinity Capital

Forward Guidance

No specific forward guidance was provided in the earnings report.