Trinity Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Revenue	268.27	226.73	174.84	138.84	76.63	51.26
Revenue	268.27	226.73	174.84	138.84	76.63	51.26
Revenue Growth (YoY)	30.76%	29.68%	25.93%	81.18%	49.50%	-
Gross Profit	268.27	226.73	174.84	138.84	76.63	51.26
Selling, General & Admin	66.34	57.69	45.1	37.38	22.51	14.82
Operating Expenses	66.34	57.69	45.1	37.38	22.51	14.82
Operating Income	201.93	169.04	129.74	101.46	54.12	36.44
Interest Expense	-75.73	-61.95	-44.3	-34.15	-20.39	-16.77
Other Non Operating Income (Expenses)	2.22	0.47	-	-	-	-
EBT Excluding Unusual Items	128.42	107.56	85.45	67.31	33.72	19.66
Merger & Restructuring Charges	-	-	-	-	-	-15.11
Gain (Loss) on Sale of Investments	3.27	-0.25	-13.01	-101.96	93.29	-14.37
Other Unusual Items	12.98	10.96	7.02	6.66	5.57	3.71
Pretax Income	144.66	118.27	79.45	-27.99	132.58	-6.11
Income Tax Expense	2.66	2.68	2.56	2.39	0.26	-
Net Income	142	115.6	76.89	-30.38	132.32	-6.11
Net Income to Common	142	115.6	76.89	-30.38	132.32	-6.11
Net Income Growth	62.40%	50.33%	-	-	-	-
Shares Outstanding (Basic)	65	53	39	32	26	18
Shares Outstanding (Diluted)	66	57	43	32	29	18
Shares Change (YoY)	24.62%	32.84%	34.84%	8.02%	62.06%	-
EPS (Basic)	2.19	2.19	1.98	-0.96	5.09	-0.34
EPS (Diluted)	2.17	2.10	1.89	-0.96	4.64	-0.34
EPS Growth	25.79%	11.47%	-	-	-	-
Free Cash Flow	-352.58	-317.33	-99	-235.94	-242.88	-58.48
Free Cash Flow Per Share	-5.35	-5.59	-2.32	-7.45	-8.28	-3.23
Dividend Per Share	2.040	2.040	1.940	1.730	1.260	-
Dividend Growth	0.49%	5.16%	12.14%	37.30%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	75.27%	74.55%	74.21%	73.08%	70.62%	71.09%
Profit Margin	52.93%	50.98%	43.98%	-21.88%	172.68%	-11.92%
Free Cash Flow Margin	-131.43%	-139.96%	-56.63%	-169.94%	-316.96%	-114.09%
EBITDA	-	-	-	-	54.17	36.49
EBITDA Margin	-	-	-	-	70.69%	71.18%
D&A For EBITDA	-	-	-	-	0.05	0.05
EBIT	201.93	169.04	129.74	101.46	54.12	36.44
EBIT Margin	75.27%	74.55%	74.21%	73.08%	70.62%	71.09%
Effective Tax Rate	1.84%	2.26%	3.22%	-	0.19%	-
Revenue as Reported	281.25	237.69	181.86	145.5	82.19	54.96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.