Nuveen Churchill Direct Lending Corp. (NCDL)

NCDL Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	215.91	161.76	82.45	36.29	13.3	15.4
Revenue Growth (YoY)	51.99%	96.18%	127.21%	172.80%	-13.59%	241.83%
Cost of Revenue	90.71	71.72	33.16	13.88	6.01	8.31
Gross Profit	125.2	90.04	49.29	22.41	7.3	7.08
Selling, General & Admin	2.86	2.73	2.18	1.37	1.21	0.41
Other Operating Expenses	3.49	3.3	1.63	0.79	0.88	0.26
Operating Expenses	6.35	6.03	3.81	2.16	2.08	0.66
Operating Income	118.86	84.01	45.48	20.25	5.22	6.42
Other Expense / Income	2.54	7.24	28.17	-7.01	3.07	-0.87
Pretax Income	116.32	76.77	17.31	27.27	2.15	7.29
Income Tax	0.68	0.84	0.02	0	0	0
Net Income	115.64	75.94	17.29	27.27	2.15	7.29
Net Income Growth	112.44%	339.30%	-36.60%	1171.14%	-70.56%	407.67%
Shares Outstanding (Basic)	55	33	23	13	5	4
Shares Outstanding (Diluted)	55	33	23	13	5	4
Shares Change	57.09%	43.41%	81.17%	158.81%	22.12%	104.34%
EPS (Basic)	2.40	2.52	1.95	1.58	1.05	1.58
EPS (Diluted)	2.40	2.52	1.95	1.58	1.05	1.58
EPS Growth	-0.41%	29.23%	23.42%	50.48%	-33.54%	83.72%
Free Cash Flow	-443.89	-369.53	-427.84	-389.12	-152.14	-17.96
Free Cash Flow Per Share	-8.12	-11.07	-18.38	-30.28	-30.64	-4.42
Gross Margin	57.99%	55.66%	59.78%	61.76%	54.84%	46.00%
Operating Margin	55.05%	51.94%	55.16%	55.81%	39.20%	41.71%
Profit Margin	53.56%	46.95%	20.96%	75.13%	16.12%	47.32%
Free Cash Flow Margin	-205.59%	-228.45%	-518.89%	-1072.25%	-1143.67%	-116.64%
Effective Tax Rate	0.58%	1.09%	0.14%	-	-	0.05%
EBITDA	116.32	76.77	17.31	27.27	2.15	7.29
EBITDA Margin	53.87%	47.46%	20.99%	75.13%	16.12%	47.34%
EBIT	116.32	76.77	17.31	27.27	2.15	7.29
EBIT Margin	53.87%	47.46%	20.99%	75.13%	16.12%	47.34%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).