Silver Spike Investment Corp., 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.
Revenue of Silver Spike Investment Corp. (SSIC)
Revenue in 2023 (TTM): $11.72 M
According to Silver Spike Investment Corp.'s latest financial reports the company's current revenue (TTM) is $11.72 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Silver Spike Investment Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $11.72 M | $8.1 M | $7.34 M | $7.34 M | $7.34 M |
| 2022 | $4.05 M | $4.05 M | $-273,348 | $1.71 M | $1.71 M |
| 2021 | $10.07 K | $-73,078 | $-563,365 | $-563,365 | $-563,365 |
| 2020 | $ | $ | $ | $-958,290 | $-958,290 |