GoAI
Get started
Chicago Atlantic BDC, Inc. logo

Chicago Atlantic BDC, Inc.

LIEN

NASDAQFinancial ServicesAsset Management

Open in GoAI

Latest quote

$10.01

+$0.23 · +2.35%

Aug 21, 3:55 PM ET

LIEN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

48

Neutral

Sentiment

65

Bullish

Risk resilience

73

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Silver Spike Investment Corp. functions as a specialized business development company (BDC) dedicated to investing across the cannabis industry. It channels capital into privately held cannabis enterprises through both direct lending and equity ownership. The firm actively collaborates with private equity entities, entrepreneurs, and business owners to offer diverse credit and equity financing solutions. These solutions are designed to facilitate various corporate actions, including buyouts, recapitalizations, expansion initiatives, refinancings, and acquisitions. Its investment focus spans a wide range of cannabis businesses, encompassing those developing enabling technologies, companies in the cannabis-related health and wellness sector, and distributors of hemp and CBD products. Established in 2021, the company is headquartered in New York, New York.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
Peter S. Sack
Listed since
Feb 4, 2022
Employees
1,200

Market position

Volume
68.39K
0.96× average
Average volume
71.25K
Average daily volume
Market cap
229.13M USD
Beta
0.27
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
257.8M USD
P/E (TTM)
7.2×
P/B (TTM)
0×
P/S (TTM)
4.39×
EV / EBITDA
7.47×
Earnings yield
14.12%
Free cash flow yield
-8.69%
Dividend yield
13.59%

Profitability & efficiency

Gross margin
84.87%
Operating margin
64.62%
Net margin
60.73%
Return on equity
10.97%
Return on assets
9.73%
Return on invested capital
10.51%

Financial health

Debt / equity
0.09×
Current ratio
0.22×
Altman Z-score
-0.07
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends669%-1608%-3885%-6162%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 77.26%Operating margin, FY2021: -5592.82%Operating margin, FY2022: 50.95%Operating margin, FY2023: 73.17%Operating margin, FY2024: 53.54%Operating margin, FY2025: 63.59%Net margin, FY2021: -5592.82%Net margin, FY2022: 42.21%Net margin, FY2023: 73.17%Net margin, FY2024: 53.54%Net margin, FY2025: 61.29%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 77.26%. Operating margin FY2021 -5592.82%. Operating margin FY2022 50.95%. Operating margin FY2023 73.17%. Operating margin FY2024 53.54%. Operating margin FY2025 63.59%. Net margin FY2021 -5592.82%. Net margin FY2022 42.21%. Net margin FY2023 73.17%. Net margin FY2024 53.54%. Net margin FY2025 61.29%.

Income trends

Revenue

54.3M USD+202.16%

Operating income

34.53M USD+258.83%

Net income

33.28M USD+245.85%
Income trends across reported periods59.79M USD37.84M USD15.9M USD−6.05M USDRevenue, FY2021: 10.07K USDRevenue, FY2022: 4.05M USDRevenue, FY2023: 10.03M USDRevenue, FY2024: 17.97M USDRevenue, FY2025: 54.3M USDOperating income, FY2021: −563.37K USDOperating income, FY2022: 2.06M USDOperating income, FY2023: 7.34M USDOperating income, FY2024: 9.62M USDOperating income, FY2025: 34.53M USDNet income, FY2021: −563.37K USDNet income, FY2022: 1.71M USDNet income, FY2023: 7.34M USDNet income, FY2024: 9.62M USDNet income, FY2025: 33.28M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 10.07K USD. Revenue FY2022 4.05M USD. Revenue FY2023 10.03M USD. Revenue FY2024 17.97M USD. Revenue FY2025 54.3M USD. Operating income FY2021 −563.37K USD. Operating income FY2022 2.06M USD. Operating income FY2023 7.34M USD. Operating income FY2024 9.62M USD. Operating income FY2025 34.53M USD. Net income FY2021 −563.37K USD. Net income FY2022 1.71M USD. Net income FY2023 7.34M USD. Net income FY2024 9.62M USD. Net income FY2025 33.28M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue54.3M USD17.97M USD10.03M USD4.05M USD10.07K USD
Cost of goods sold12.35M USD————
Gross profit41.95M USD17.97M USD10.03M USD4.05M USD10.07K USD
Selling, general, and administrative6.11B USD8.23M USD2.68M USD1.98M USD245.44K USD
Operating expenses7.42M USD8.35M USD2.69M USD1.98M USD573.44K USD
Interest income49.27M USD19.91M USD11.74M USD—10.07K USD
Interest expense1.25M USD————
Operating income34.53M USD9.62M USD7.34M USD2.06M USD−563.37K USD
Net income33.28M USD9.62M USD7.34M USD1.71M USD−563.37K USD

Company facts updated Aug 24, 2026.

LIEN peers

Interactive Brokers Group, Inc. logo

IBKR

Interactive Brokers Group, Inc.

$93.87

+4.47%

CME Group Inc. logo

CME

CME Group Inc.

$274.98

+1.52%

Robinhood Markets, Inc. logo

HOOD

Robinhood Markets, Inc.

$108.13

+13.70%

Strive Inc. Perp. Pfd. Series A logo

SATA

Strive Inc. Perp. Pfd. Series A

$100.01

+0.10%

Nasdaq, Inc. logo

NDAQ

Nasdaq, Inc.

$98.22

+0.69%

PayPal Holdings, Inc. logo

PYPL

PayPal Holdings, Inc.

$61.55

-1.20%

ETFs holding LIEN

Funds reporting this stock among their holdings, ordered by reported position size.

Amplify Seymour Cannabis ETF logoAmplify Seymour Cannabis ETFCNBS
Market value
300.52K
Weight
0.37%
AUM
82.1M USD
Expense ratio
1.09%
Price / 1D
$28.56+3.19%

Continue in GoAI

Research LIEN

research.disclaimer