BCIC

MKT CAP:$85M

BCP Investment Corporation

Market Cap

$85M

Financial Services·Asset Management·🇺🇸 United States·NASDAQ

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$8.05-$3.87 (-32.42%)

Apr 21, 2026

Company Details

BCP Investment Corp. is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market co...

CEO

Edward Joseph Goldthorpe

IPO Date

Dec 12, 2006

Website

www.bcpinvestmentcorporation.com

Key Metrics TTM

Revenue

$15M

-63.7% YoY

Net Income

-$9M

EPS (Diluted)

-$0.94

Free Cash Flow

$26M

Revenue / Share

$1.67

Gross Margin

-18.5%

Operating Margin

-57.0%

Net Margin

-56.3%

FCF Margin

167.3%

P/S

5.6x

P/E

—

Earnings Reports

Q3 2025

May 7, 2026

PENDING

Q2 2025

Aug 7, 2025

$1M+154.7%EPS -$0.49

Q1 2025

May 8, 2025

$6M-51.1%EPS -$0.01

FY 2024

Mar 13, 2025

$21M-52.3%EPS -$0.64

Q4 2024

Mar 13, 2025

$3M-78.3%EPS -$0.28

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$14M	$11M	$9M
Q4 21	$6M	$2M	-$558.0K
Q1 22	$10M	$6M	$4M
Q2 22	-$2M	-$6M	-$8M
Q3 22	$3M	-$2M	-$4M
Q4 22	-$5M	-$10M	-$13M
Q1 23	$8M	$1M	-$516.0K
Q2 23	$5M	-$942.0K	-$3M
Q3 23	$15M	$9M	$7M
Q4 23	$15M	$9M	$7M
Q1 24	$12M	$6M	$4M
Q2 24	$395.0K	-$5M	-$6M
Q3 24	$5M	$308.0K	-$2M
Q4 24	$3M	-$1M	-$3M
Q1 25	$6M	$1M	$264.0K
Q2 25	$1M	-$3M	-$5M

Valuation

Quarter	P/S	P/E
Q3 21	0.8x	1.1x
Q4 21	1.6x	3.3x
Q1 22	1.9x	3.9x
Q2 22	3.1x	30.9x
Q3 22	5.3x	—
Q4 22	14.2x	—
Q1 23	22.3x	—
Q2 23	7.5x	—
Q3 23	3.6x	—
Q4 23	2.0x	7.5x
Q1 24	1.8x	5.4x
Q2 24	2.0x	6.8x
Q3 24	2.6x	23.7x
Q4 24	4.1x	—
Q1 25	5.8x	—
Q2 25	5.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	$6M	$6M
Q4 21	-$14M	-$14M
Q1 22	$21M	$21M
Q2 22	-$43M	-$43M
Q3 22	-$3M	-$3M
Q4 22	-$8M	-$8M
Q1 23	$40M	$40M
Q2 23	$21M	$21M
Q3 23	$18M	$18M
Q4 23	$42M	$42M
Q1 24	$11M	$11M
Q2 24	-$7M	-$7M
Q3 24	$4M	$4M
Q4 24	$20M	$20M
Q1 25	$2M	$2M
Q2 25	-$789.0K	-$789.0K

Capital Expenditures

Quarter	CapEx
Q3 21	$4
Q4 21	$3
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	+21.5%	+49.3%
Q4 21	-89.9%	+6.1%
Q1 22	-39.5%	-35.0%
Q2 22	-112.7%	+11.5%
Q3 22	-78.4%	+30.2%
Q4 22	-184.9%	+31.8%
Q1 23	-22.6%	+53.9%
Q2 23	+359.7%	+33.8%
Q3 23	+394.3%	+19.9%
Q4 23	+422.9%	-1.7%
Q1 24	+53.9%	-6.1%
Q2 24	-92.7%	-18.3%
Q3 24	-64.5%	-14.4%
Q4 24	-78.3%	-22.0%
Q1 25	-51.1%	-28.6%
Q2 25	+154.7%	-17.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	—
Q3 22	$0	0.0%
Q4 22	$0	—
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q3 21	$2M
Q4 21	$3M
Q1 22	$2M
Q2 22	$2M
Q3 22	$2M
Q4 22	$2M
Q1 23	$2M
Q2 23	$2M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$1M
Q3 24	$1M
Q4 24	$2M
Q1 25	$1M
Q2 25	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$21M	$0	$21M
Q2 22	$22M	$0	$22M
Q3 22	$17M	$0	$17M
Q4 22	$5M	$0	$5M
Q1 23	$12M	$0	$12M
Q2 23	$20M	$0	$20M
Q3 23	$15M	$0	$15M
Q4 23	$27M	$0	$27M
Q1 24	$21M	$0	$21M
Q2 24	$10M	$0	$10M
Q3 24	$14M	$0	$14M
Q4 24	$18M	$0	$18M
Q1 25	$9M	$0	$9M
Q2 25	$11M	$0	$11M
Q3 25	$17M	$46M	$63M
Q4 25	$4M	$0	$4M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	9M	+17.9%	+105.6%
Q4 21	10M	+6.2%	+29.0%
Q1 22	10M	0.0%	+29.0%
Q2 22	10M	-0.7%	+24.4%
Q3 22	10M	-0.3%	+5.2%
Q4 22	10M	+0.2%	-0.8%
Q1 23	10M	-0.7%	-1.5%
Q2 23	10M	-0.1%	-1.0%
Q3 23	10M	-0.4%	-1.0%
Q4 23	9M	-1.3%	-2.4%
Q1 24	9M	-0.4%	-2.2%
Q2 24	9M	-0.5%	-2.6%
Q3 24	9M	-0.5%	-2.7%
Q4 24	9M	-0.5%	-2.0%
Q1 25	9M	+0.0%	-1.6%
Q2 25	9M	+0.1%	-1.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	$1M	13
Q4 21	$424.4K	13
Q1 22	$747.8K	13
Q2 22	-$160.8K	13
Q3 22	$237.8K	13
Q4 22	-$360.2K	13
Q1 23	$578.5K	13
Q2 23	$417.7K	13
Q3 23	$1M	13
Q4 23	$1M	13
Q1 24	$890.5K	13
Q2 24	$30.4K	13
Q3 24	$417.5K	13
Q4 24	$252.6K	13
Q1 25	$435.1K	13
Q2 25	$77.4K	13

Revenue / Employee