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Silver Spike Investment Q2 2024 Earnings Report

Silver Spike Investment logo
$12.80 -0.01 (-0.04%)
(As of 12/17/2024 ET)

Silver Spike Investment EPS Results

Actual EPS
$0.25
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Silver Spike Investment Revenue Results

Actual Revenue
$3.08 million
Expected Revenue
$2.50 million
Beat/Miss
Beat by +$580.00 thousand
YoY Revenue Growth
N/A

Silver Spike Investment Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

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Warren Buffett has increased his already massive stake in this sector by almost 30% in the past few months. Microsoft and Blackrock created a special fund worth $100 billion to boost this 'silent' bull market. Institutional investors have a combined $2.8 trillion in this sector. Despite its "bad rap", this industry stubbornly rakes in profits.

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Silver Spike Investment Earnings Headlines

An extra $2 trillion a year for this industry?
We're on the cusp of an energy revolution... I'm not talking about lithium batteries, renewable energies, or nuclear energy. This 'silent energy boom' is bigger than anything we've seen before.
Chicago Atlantic BDC Inc (LIEN)
See More Silver Spike Investment Headlines
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About Silver Spike Investment

Silver Spike Investment (NASDAQ:SSIC), is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

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