TRIN Q2 2024 Earnings — Trinity Capital Inc. Revenue & Financial Results | Market Cap Arena

TRINTrinity Capital Inc.

$1B

Q2 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$59M+34.0% YoY

Gross Profit

$45M76.4% margin

Operating Income

$31M53.6% margin

Net Income

$31M52.5% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

+47.5%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$22M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$825M

Stockholders' Equity

$680M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$44M	+34.0%
Gross Profit	$45M	$32M	+40.8%
Operating Income	$31M	$21M	+53.2%
Net Income	$31M	$20M	+55.1%