Silver Spike Investment (Silver Spike Investment) Net Margin % : 69.01% (As of Dec. 2023)

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What is Silver Spike Investment Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Silver Spike Investment's Net Income for the three months ended in Dec. 2023 was $2.50 Mil. Silver Spike Investment's Revenue for the three months ended in Dec. 2023 was $3.62 Mil. Therefore, Silver Spike Investment's net margin for the quarter that ended in Dec. 2023 was 69.01%.

The historical rank and industry rank for Silver Spike Investment's Net Margin % or its related term are showing as below:

SSIC' s Net Margin % Range Over the Past 10 Years
Min: -5630 Med: -2778.42 Max: 73.17
Current: 73.17

SSIC's Net Margin % is ranked better than
98.82% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.28 vs SSIC: 73.17

Silver Spike Investment Net Margin % Historical Data

The historical data trend for Silver Spike Investment's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silver Spike Investment Net Margin % Chart

Silver Spike Investment Annual Data

Trend

Mar21

Mar22

Dec23

Net Margin %

-5,630.00

73.17

Silver Spike Investment Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial				71.91	82.44	73.71	66.74	69.01

Competitive Comparison of Silver Spike Investment's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Silver Spike Investment's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's Net Margin % distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's Net Margin % falls into.

Silver Spike Investment Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Silver Spike Investment's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	7.34	/	10.032
	=	73.17 %

Silver Spike Investment's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.498	/	3.62
	=	69.01 %

Silver Spike Investment (NAS:SSIC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Silver Spike Investment Net Margin % Related Terms

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Silver Spike Investment (Silver Spike Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Silver Spike Investment Corp (NAS:SSIC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Madison Avenue, Suite 1800, New York, NY, USA, 10022

Website

https://www.silverspikecap.com

Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.

Executives

Umesh Mahajan	officer: Chief Financial Officer	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon	director, 10 percent owner, officer: Chief Executive Officer	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile	10 percent owner, officer: CFO, CCO & Sec.	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc	10 percent owner	600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy	director	1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp	10 percent owner	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc	10 percent owner	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065