Sound Point Meridian Capital Inc

Sound Point Meridian Capital Inc

SPMC
Sound Point Meridian Capital IncUS flagNew York Stock Exchange
10.23
USD
+0.08
- -
210.09MMarket Cap
Sound Point Meridian Capital Inc
SPMC
(New York Stock Exchange)

Recent

price

10.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2026
FRC
3.22
- -
Revenue per Share
3.18
- -
Basic EPS, GAAP
-5.31
- -
Free Cash Flow per Basic Share
- -
- -
Dividend per Share
- -
- -
Book Value per Share
14.69
- -
Tangible Book Value per Share
20
- -
Basic Weighted Avg Shares
64
-122
Sales/Revenue/Turnover
- -
- -
Operating Margin (%)
- -
- -
Depreciation Expense
64
-126
Net Income, GAAP
- -
- -
Effective Tax Rate (%)
98.77
103.5
Profit Margin (%)
- -
- -
Working Capital
- -
60
LT Debt
294
199
Total Equity
- -
- -
Return on Invested Capital (%)
- -
- -
Return on Capital (%)
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-32.45%
Free Cash Flow
- -
- -
-106.33%
Net Income, GAAP
- -
- -
-298.47%
Sales/Revenue/Turnover
- -
- -
-289.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2026
12
8
- -
- -
-122

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2026
0.62
0.29
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2026
- -
0.63
- -
- -
- -
Business
Sound Point Meridian Capital Inc (SPMC) operates as a specialty finance company focused on providing asset-based lending solutions to middle-market businesses. The company offers senior secured loans, unitranche facilities, and mezzanine debt; it also provides asset-backed credit facilities secured by portfolios of equipment, vehicles, and other tangible assets. SPMC targets borrowers in sectors such as transportation, manufacturing, and healthcare equipment financing, with operations primarily in the United States and select international markets including Canada and Europe. Founded in 2023 and headquartered in New York, New York, the firm manages capital through dedicated funds and direct lending programs tailored to non-bank financial institutions and corporate clients. Its product portfolio includes revolving credit lines for inventory financing; lease portfolio acquisitions; and structured finance products for aviation and rail assets. SPMC emphasizes risk-adjusted returns through collateralized lending strategies. In the past two years, SPMC completed a significant funding round in Q4 2024, raising $450 million for its flagship Meridian Capital Fund II from institutional investors including pension funds and sovereign wealth entities. The company announced a strategic partnership with a major equipment lessor in early 2025 to expand origination capabilities in commercial vehicle financing. Additionally, SPMC launched a new mezzanine debt platform in mid-2025 targeting healthcare providers, marking its entry into subordinated lending segments.

Company News

APIChatGPT
  • South Pacific Intersects 5 Metres at 12.84 g/t AuEq (Including 2 Metres at 28.06 g/t AuEq) and 12.2 Metres at 6.24 g/t AuEq (Including 2 Metres at 16.65 g/t AuEq) in Three Mineralised Zones Within One Drill Hole at Recently Discovered Structure at Ontenu

  • South Pacific Metals Intersects 12 m at 3.1 g/t Gold, Including 1 m at 18.1 g/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio

  • South Pacific Metals Engages Marketing Services and Grants Stock Options

  • Sound Point Meridian Capital, Inc. (SPMC) Q4 Earnings and Revenues Lag Estimates

  • Sound Point Meridian Capital, Inc. Announces Results for the Fourth Fiscal Quarter Ended March 31, 2026

  • Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2027 Common and Preferred Distributions

  • South Pacific Metals Drills 92 m of Mineralisation at Ontenu NE; Peak Intercepts Return 9.92 g/t Gold and 2.35% Copper

  • Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference Call

  • Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2026 Earnings Release and Conference Call

  • Reviewing Sound Point Meridian Capital (NYSE:SPMC) and Value Line (NASDAQ:VALU)

  • South Pacific Metals Appoints Simon Jackson to Board and Rebecca Moriarty as CFO

  • Head to Head Survey: Sound Point Meridian Capital (NYSE:SPMC) versus Value Line (NASDAQ:VALU)

  • CEF Market Weekly Review: Eagle Point Is Tired Of CLO Equity

  • Sound Point Meridian Capital, Inc. (SPMC) Misses Q3 Earnings and Revenue Estimates

  • Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2027 Common Distributions and Preferred Distributions and Results for the Third Fiscal Quarter Ended December 31, 2025

  • Analyzing Sound Point Meridian Capital (NYSE:SPMC) and KKR & Co. Inc. (NYSE:KKR)

  • Sound Point Meridian Capital, Inc. Schedules Third Fiscal Quarter Ended December 31, 2025 Earnings Release and Conference Call

  • Sprott (NYSE:SII) and Sound Point Meridian Capital (NYSE:SPMC) Financial Comparison

  • SPMC: Caught In The CLO Credit Cycle Conundrum

  • Analyzing Grupo Aval Acciones y Valores (NYSE:AVAL) & Sound Point Meridian Capital (NYSE:SPMC)