Trinity Capital Q4 2022 NII $0.62/share, up 103.8% YoY; full-year record investment income $145.5M

Trinity Capital Inc.

Q4 total investment income $41.5M (+75.8% YoY); NII $21.6M ($0.62/share) vs $10.6M ($0.39) in Q4 2021.
Full-year 2022: total investment income $145.5M (+77% YoY), NII $71.6M ($2.26/share), up 83.6%.
NAV per share fell to $13.15 from $13.74 in Q3 2022, driven by unrealized depreciation in two portfolio companies.
Declared Q4 dividend of $0.61/share ($0.46 regular + $0.15 supplemental); NII covered regular dividend by 135%.
Announced $150M joint venture (i40 LLC) and SEC exemptive relief to form a wholly owned RIA; repurchased 186K shares in Q4.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Trinity Capital Inc. reported fourth quarter ended December 31, 2022 results: revenue total investment income of $41.5 million, net income net investment income of $21.6 million, EPS $0.62 per share.

Period: fourth quarter ended December 31, 2022
Revenue: total investment income of $41.5 million
Net income: net investment income of $21.6 million
EPS: $0.62 per share
Result: reported results

Exact text from the filing

companies, today announced its financial results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 Highlights • Total investment income of $41.5 million, an increase of 75.8% year-over-year • Net investment income (“NII”) of $21.6 million, or $0.62 per share, an increase of 103.8% year-over-year • Aggregate debt and equity

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Trinity Capital Inc. reported year ended December 31, 2022 results: revenue total investment income of $145.5 million, net income net investment income of $71.6 million, EPS $2.26 per share.

Period: year ended December 31, 2022
Revenue: total investment income of $145.5 million
Net income: net investment income of $71.6 million
EPS: $2.26 per share
Result: reported results

Exact text from the filing

Officer of Trinity. “Our operating performance generated a record $975.5 million in new commitments and fundings of $631.2 million, leading to record total investment income of $145.5 million and net investment income of $71.6 million. Our strong originations process allowed us to grow our portfolio on a cost basis by $355.7 million, or 44.6% year-over-year. We

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Source: SEC EDGAR

accession 0000950170-23-005813

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