NASDAQ$TRIN

Trinity Capital Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Trinity Capital's financial performance for Q1 2021 was marked by growth and strategic progress, including a successful IPO and increased investment income.

Trinity Capital Inc. reported a strong start to 2021 with a successful IPO, total investment income of $17.3 million, and net investment income of $7.3 million, or $0.31 per share. The company also saw an increase in NAV per share and maintained a high-performing portfolio.

  • Completed IPO raising net proceeds of $104.2 million.
  • Total investment income reached $17.3 million.
  • Net investment income was $7.3 million, or $0.31 per share.
  • NAV per share increased to $13.69 from $13.03 at December 31, 2020.

Headline financials

Total Revenue

$17.3M

Previous: -$17.2M+200.8%
EPS (adj)

$0.31

Previous: -$1.38+122.4%
Net Income

$7.25M

Previous: $4.3M+68.7%
Operating Income

$7.25M

Previous: -$17.9M+140.6%
Cash & Equivalents

$36M

No prior period
Total Assets

$594M

Previous: $225M+164.5%

Revenue & EPS history

Trinity Capital · Revenue · Quarterly

$17.3M

Q1 2021-200.8%vs Q1 2020
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.2%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+6.9%

Q4 2022

Best reaction

-6.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.0%-0.6%
Q4 2025+0.8%-0.7%-4.9%
Q3 2025+0.0%+3.7%+3.5%
Q1 2025-1.9%+3.5%+3.1%
Q4 2024+5.1%+4.4%+0.6%
Q3 2024+1.4%-3.5%+7.9%
Q2 2024+2.9%+1.8%-1.7%
Q1 2024-4.5%-2.3%-1.7%
Q4 2023+4.8%+3.5%+0.5%
Q3 2023+6.2%+4.9%+7.7%
Q2 2023+4.9%-2.8%-0.2%
Q1 2023-4.1%-5.0%+3.4%
Q4 2019+6.9%+5.8%-4.6%
Q4 2022+6.9%+5.8%-4.6%
Q3 2022-6.9%-10.3%-10.4%
Q2 2022-0.5%+1.9%-1.7%
Q1 2022-4.6%-6.8%-3.5%
Q4 2021-0.9%-4.2%+6.0%
Q3 2021+5.6%+5.3%+1.2%
Q2 2021+4.0%+2.7%+10.4%
Q1 2021+0.7%-1.3%-1.5%
Q4 2020-3.9%+1.1%-4.6%
Q3 2020
Q1 2020
Q3 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro