NCDLNuveen Churchill Direct Lending Corp.

$660M

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$44M+64.1% YoY

Gross Profit

$29M65.4% margin

Operating Income

$30M68.1% margin

Net Income

$30M67.8% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-9.4%

Cash Flow

Operating Cash Flow

-$98M

Free Cash Flow

-$98M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$877M

Stockholders' Equity

$998M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$27M	+64.1%
Gross Profit	$29M	$15M	+93.7%
Operating Income	$30M	$13M	+130.2%
Net Income	$30M	$13M	+136.1%

NCDL Q1 2024 Earnings — Nuveen Churchill Direct Lending Corp. Revenue & Financial Results | Market Cap Arena