Silver Spike Investment (SSIC) versus Its Rivals Critical Comparison

Valuation & Earnings

This table compares Silver Spike Investment and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Silver Spike Investment	$10.84 million	$7.34 million	10.71
Silver Spike Investment Competitors	$2.34 billion	$394.98 million	19.58

Silver Spike Investment’s peers have higher revenue and earnings than Silver Spike Investment. Silver Spike Investment is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Silver Spike Investment has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500. Comparatively, Silver Spike Investment’s peers have a beta of 0.80, meaning that their average share price is 20% less volatile than the S&P 500.

Dividends

Silver Spike Investment pays an annual dividend of $1.00 per share and has a dividend yield of 10.7%. Silver Spike Investment pays out 114.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Capital Markets” companies pay a dividend yield of 3.1% and pay out 29.0% of their earnings in the form of a dividend.

Profitability

This table compares Silver Spike Investment and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Silver Spike Investment	44.96%	5.62%	5.37%
Silver Spike Investment Competitors	2,637.51%	9.85%	3.65%

Insider & Institutional Ownership

4.4% of Silver Spike Investment shares are held by institutional investors. Comparatively, 30.7% of shares of all “Capital Markets” companies are held by institutional investors. 72.7% of Silver Spike Investment shares are held by company insiders. Comparatively, 13.1% of shares of all “Capital Markets” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Silver Spike Investment peers beat Silver Spike Investment on 8 of the 11 factors compared.

Silver Spike Investment Company Profile

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.