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Upturn AI SWOT - About
Chicago Atlantic BDC, Inc. (LIEN)
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Upturn Advisory Summary
03/27/2025: LIEN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 13.37% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 279.09M USD | Price to earnings Ratio 18.25 | 1Y Target Price 13.28 |
Price to earnings Ratio 18.25 | 1Y Target Price 13.28 | ||
Volume (30-day avg) 9373 | Beta 0.22 | 52 Weeks Range 8.61 - 12.66 | Updated Date 03/22/2025 |
52 Weeks Range 8.61 - 12.66 | Updated Date 03/22/2025 | ||
Dividends yield (FY) 11.12% | Basic EPS (TTM) 0.67 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 32.69% | Operating Margin (TTM) 77.96% |
Management Effectiveness
Return on Assets (TTM) 6.31% | Return on Equity (TTM) 4.88% |
Valuation
Trailing PE 18.25 | Forward PE - | Enterprise Value 248974672 | Price to Sales(TTM) 22.01 |
Enterprise Value 248974672 | Price to Sales(TTM) 22.01 | ||
Enterprise Value to Revenue 23.83 | Enterprise Value to EBITDA - | Shares Outstanding 22820400 | Shares Floating - |
Shares Outstanding 22820400 | Shares Floating - | ||
Percent Insiders 63.14 | Percent Institutions 23.3 |
Analyst Ratings
Rating 3 | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Chicago Atlantic BDC, Inc.
Company Overview
History and Background
Chicago Atlantic BDC, Inc. (ticker symbol CSWC) was founded in 2021 and focuses on providing debt solutions to state-licensed cannabis operators.
Core Business Areas
- Cannabis Lending: Providing senior secured credit solutions to licensed cannabis operators.
Leadership and Structure
John Mazarakis is the CEO. The company operates as an externally managed BDC.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Providing senior secured credit to cannabis operators. Market share data for specific cannabis BDC lending is not readily available but the total US Cannabis market is substantial, with projections reaching tens of billions. Competitors include other cannabis-focused BDCs and private credit firms.
Market Dynamics
Industry Overview
The cannabis industry is rapidly growing but heavily regulated with varying state laws. Access to traditional financing is limited, creating opportunities for specialized lenders.
Positioning
Chicago Atlantic BDC positions itself as a leading lender in the cannabis sector, focusing on well-established, licensed operators. Its competitive advantage lies in its deep industry knowledge and relationships.
Total Addressable Market (TAM)
The total addressable market for cannabis lending is estimated in the tens of billions of dollars. CSWC aims to capture a significant portion of this market through its specialized lending approach.
Upturn SWOT Analysis
Strengths
- Specialized expertise in cannabis lending
- Strong relationships with licensed operators
- High yields on loans
- Experienced management team
Weaknesses
- Concentration in a single industry (cannabis)
- Regulatory risks associated with cannabis
- Reliance on external management
- Relatively short operating history as a BDC
Opportunities
- Expansion into new cannabis markets
- Increased legalization of cannabis at the federal level
- Diversification into ancillary cannabis businesses
- Growth in demand for cannabis products
Threats
- Changes in cannabis regulations
- Increased competition from other lenders
- Economic downturn impacting cannabis businesses
- Federal prohibition of cannabis
Competitors and Market Share
Key Competitors
- AFC (AFC)
- Advanced Flower Capital (n/a)
- Pelorus Capital Group (n/a)
Competitive Landscape
CSWC's advantages include its expertise and established relationships. Disadvantages could include reliance on a single industry and regulatory uncertainties.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: CSWC has experienced growth due to the expanding cannabis market and increased lending activities. Specific growth rates would be derived from financials.
Future Projections: Future projections depend on the continued growth of the cannabis industry and CSWC's ability to originate and manage loans. Analyst estimates from financial data providers are key.
Recent Initiatives: Recent initiatives include expanding their loan portfolio and building relationships with larger cannabis operators.
Summary
Chicago Atlantic BDC is a specialized lender in the cannabis industry, presenting high-yield opportunities and risks stemming from regulatory uncertainties. They are well positioned to benefit from the growing cannabis market and limited access to traditional financing, but must effectively navigate regulatory changes and manage industry-specific risks. Their success is tied to expansion of the legal cannabis market and disciplined credit risk management. The company's focus on senior secured loans to established operators mitigates some risk but doesn't eliminate it.
Similar Companies
- AFC
- SNDL
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Financial News Outlets
- Industry Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chicago Atlantic BDC, Inc.
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2022-02-04 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
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.
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