LIEN FY 2023 Earnings Report — Chicago Atlantic BDC, Inc. Revenue & Financial Results | Market Cap Arena

Chicago Atlantic BDC, Inc.LIEN

FY 2023 Earnings

Reported December 31, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$10M	—	$4M	—	147.9%
Op. Income	$7M	—	$2M	—	256.0%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	73.2%	—	42.2%	—	31.0pp
EPS (Diluted)	$1.18	—	$0.31	—	280.6%
Free Cash Flow	$6M	—	-$50M	—	111.5%

Revenue Flow

Item	Amount
REVENUE	$10M
Cost of Revenue	$0
GROSS PROFIT	$10M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3M
SG&A Expenses	$3M
Other Expenses	$10.7K
Operating Expenses	$3M
Cost & Expenses	$3M
OPERATING INCOME	$7M
Interest Income	$12M
Interest Expense	$0
Other Income/Expenses	$0
INCOME BEFORE TAX	$7M
Income Tax Expense	$0
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$0
EBIT	$7M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$10M
Cost of Revenue	$0
GROSS PROFIT	$10M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3M
SG&A Expenses	$3M
Other Expenses	$10.7K
Operating Expenses	$3M
Cost & Expenses	$3M
OPERATING INCOME	$7M
Interest Income	$12M
Interest Expense	$0
Other Income/Expenses	$0
INCOME BEFORE TAX	$7M
Income Tax Expense	$0
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$0
EBIT	$7M
EBITDA	$7M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$4M
Change in Working Capital	$2M
OPERATING CASH FLOW	$6M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$8M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$8M
FREE CASH FLOW	$6M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$33M
Short-Term Investments	$0
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$34M
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$54M
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$54M
TOTAL ASSETS	$89M
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$3M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$13.8K
TOTAL NON-CURRENT LIABILITIES	$13.8K
TOTAL LIABILITIES	$3M
Common Stock	$62.1K
Additional Paid-In Capital	$85M
Retained Earnings	$449.3K
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$86M
Minority Interest	$0
TOTAL EQUITY	$86M
TOTAL LIABILITIES & EQUITY	$89M
Total Debt	$0
Net Debt	-$33M