NYSE : SPMC
Sound Point Meridian Capital, Inc. — Financial statements
Financials · Asset Management · United States
Last price 5.68 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 119.77M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Sound Point Meridian Capital, Inc. (SPMC) reported revenue of 65.73M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2023 | |
|---|---|---|---|---|
| Other Revenue | 65.73M | 72.51M | 84.32M | 46.38M |
| Revenue | 65.73M | 72.51M | 84.32M | 46.38M |
| Gross Profit | 65.73M | 72.51M | 84.32M | 46.38M |
| Selling, General & Admin | 18.10M | 19.89M | 24.36M | 2.08M |
| Operating Expenses | 18.10M | 19.89M | 24.36M | 2.08M |
| Operating Income | 47.64M | 52.62M | 59.96M | 44.30M |
| Interest Expense | -14.70M | -13.99M | -5.62M | -114.81K |
| Other Non Operating Income (Expenses) | -906.30K | -906.29K | -130.66K | |
| EBT Excluding Unusual Items | 32.02M | 37.73M | 54.21M | 44.18M |
| Gain (Loss) on Sale of Investments | -150.46M | -163.95M | -32.72M | 19.42M |
| Pretax Income | -118.43M | -126.23M | 21.50M | 63.60M |
| Income Tax Expense | 378.58K | |||
| Net Income | -118.43M | -126.23M | 21.12M | 63.60M |
| Net Income to Common | -118.43M | -126.23M | 21.12M | 63.60M |
| Shares Outstanding (Basic) | 21.06M | 20.63M | 20.28M | |
| Shares Outstanding (Diluted) | 21.06M | 20.63M | 20.28M | |
| EPS (Basic) | -5.62 | -6.12 | 3.14 | |
| EPS (Diluted) | -5.62 | -6.12 | 3.14 | |
| Dividend Per Share | 2.85 | 3.00 | 2.50 | |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 72.47% | 72.57% | 71.11% | 95.51% |
| Profit Margin | -180.17% | -174.08% | 25.05% | 137.13% |
| EBIT | 47.64M | 52.62M | 59.96M | 44.30M |
| EBIT Margin | 72.47% | 72.57% | 71.11% | 95.51% |
| Effective Tax Rate | 1.76% | |||
| Revenue as Reported | 65.73M | 72.51M | 84.32M | 46.38M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 20.96M | 5.81M | 9.94M | 4.99M |
| Cash & Short-Term Investments | 20.96M | 5.81M | 9.94M | 4.99M |
| Accounts Receivable | 33.19K | 69.27K | 47.57K | 53.23K |
| Other Receivables | 43.58K | |||
| Receivables | 33.19K | 69.27K | 47.57K | 96.82K |
| Prepaid Expenses | 499.97K | 342.93K | ||
| Total Current Assets | 20.99M | 6.38M | 10.33M | 5.09M |
| Long-Term Investments | 363.24M | 368.15M | 503.72M | 298.12M |
| Total Assets | 384.65M | 374.53M | 514.05M | 303.21M |
| Accrued Expenses | 3.81M | 4.32M | 6.75M | 773.15K |
| Short-Term Debt | 60.00M | 60.00M | 70.00M | |
| Other Current Liabilities | 111.73M | 111.51M | 55.73M | 8.27M |
| Total Current Liabilities | 176.52M | 175.83M | 132.48M | 9.05M |
| Total Liabilities | 176.52M | 175.83M | 132.48M | 9.05M |
| Common Stock | 208.13M | 20.63K | 20.32K | 294.17M |
| Additional Paid-In Capital | 367.11M | 392.14M | ||
| Retained Earnings | -168.43M | -10.59M | ||
| Shareholders' Equity | 208.13M | 198.70M | 381.57M | 294.17M |
| Total Liabilities & Equity | 384.65M | 374.53M | 514.05M | 303.21M |
| Total Debt | 60.00M | 60.00M | 70.00M | |
| Net Cash (Debt) | -39.04M | -54.19M | -60.06M | 4.99M |
| Net Cash Per Share | -1.85 | -2.63 | 0.25 | |
| Filing Date Shares Outstanding | 21.09M | 20.63M | 20.32M | 20.28M |
| Total Common Shares Outstanding | 21.06M | 20.63M | 20.32M | 20.28M |
| Working Capital | -155.53M | -169.45M | -122.14M | -3.96M |
| Book Value Per Share | 9.88 | 9.63 | 18.78 | 14.50 |
| Tangible Book Value | 208.13M | 198.70M | 381.57M | 294.17M |
| Tangible Book Value Per Share | 9.88 | 9.63 | 18.78 | 14.50 |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2023 | |
|---|---|---|---|---|
| Net Income | -126.23M | 21.12M | 63.60M | |
| Loss (Gain) From Sale of Investments | 163.95M | 36.36M | -10.91M | |
| Other Operating Activities | -28.39M | -259.72M | -156.66M | |
| Change in Accounts Receivable | -21.69K | -57.09K | -26.42K | |
| Change in Other Net Operating Assets | -2.59M | 7.68M | -2.38M | |
| Operating Cash Flow | 6.73M | -194.61M | -106.38M | |
| Short-Term Debt Issued | 44.25M | 37.18M | ||
| Long-Term Debt Issued | 45.00M | |||
| Total Debt Issued | 89.25M | 84.00M | 37.18M | |
| Short-Term Debt Repaid | -44.25M | -37.18M | ||
| Long-Term Debt Repaid | -55.00M | |||
| Total Debt Repaid | -99.25M | -37.18M | ||
| Net Debt Issued (Repaid) | -10.00M | 84.00M | ||
| Issuance of Common Stock | 1.18M | 103.36M | 85.50M | |
| Common Dividends Paid | -57.83M | -47.69M | -42.04K | |
| Other Financing Activities | 55.78M | 66.88M | ||
| Financing Cash Flow | -10.87M | 206.54M | 85.46M | |
| Net Cash Flow | -4.14M | 11.93M | -20.92M | |
| Levered Free Cash Flow | 77.32M | |||
| Unlevered Free Cash Flow | 86.06M | |||
| Cash Interest Paid | 13.15M | |||
| Change in Working Capital | -2.61M | 7.63M | -2.40M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 119.77M | 184.04M | 404.47M | |
| Enterprise Value | 158.81M | 364.76M | 424.76M | |
| Last Close Price | 5.68 | 7.84 | 14.35 | |
| PE Ratio | 19.15 | |||
| Forward PE | 4.57 | 4.91 | 8.06 | |
| PS Ratio | 1.82 | 2.54 | 4.80 | |
| PB Ratio | 0.57 | 0.93 | 1.06 | |
| P/TBV Ratio | 0.58 | 0.93 | 1.06 | |
| P/OCF Ratio | 17.80 | 27.35 | ||
| EV/Sales Ratio | 2.42 | 5.03 | 5.04 | |
| EV/EBIT Ratio | 3.33 | 6.93 | 7.08 | |
| Debt / Equity Ratio | 0.29 | 0.30 | 0.18 | |
| Net Debt / Equity Ratio | 0.19 | 0.27 | 0.16 | -0.02 |
| Asset Turnover | 0.16 | |||
| Quick Ratio | 0.12 | 0.03 | 0.07 | 0.56 |
| Current Ratio | 0.12 | 0.04 | 0.08 | 0.56 |
| Return on Equity (ROE) | -43.51% | |||
| Return on Assets (ROA) | 7.40% | |||
| Return on Invested Capital (ROIC) | 19.05% | 15.15% | 16.12% | 15.32% |
| Return on Capital Employed (ROCE) | 22.90% | 26.50% | 15.70% | 15.10% |
| Earnings Yield | -99.01% | -68.59% | 5.22% | |
| Dividend Yield | 52.82% | 33.63% | 12.54% | |
| Payout Ratio | 225.81% | 0.07% | ||
| Total Shareholder Return | 49.00% | 33.63% | 12.54% |