TRIN Q1 2024 Earnings — Trinity Capital Inc. Revenue & Financial Results | Market Cap Arena

TRINTrinity Capital Inc.

$1B

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$40M-10.9% YoY

Gross Profit

$28M69.5% margin

Operating Income

$15M38.1% margin

Net Income

$15M36.4% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

-$81M

Free Cash Flow

-$81M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$783M

Stockholders' Equity

$626M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$45M	-10.9%
Gross Profit	$28M	$34M	-17.7%
Operating Income	$15M	$23M	-34.4%
Net Income	$15M	$22M	-35.5%