For the quarter ending 2025-09-30, TCPC made $169,724,427 in revenue. $24,369,712 in net income. Net profit margin of 14.36%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest income (excluding pik)-Investment Unaffiliated Issuer | 40,969,242 | 41,609,217 | ||
| Interest income (excluding pik)-Investment Affiliated Issuer Noncontrolled | 912,871 | 338,648 | ||
| Interest income (excluding pik)-Investment Affiliated Issuer Controlled | 2,258,585 | 2,270,542 | ||
| Pik interest income-Investment Unaffiliated Issuer | 3,346,311 | - | ||
| Pik interest income-Investment Affiliated Issuer Noncontrolled | 1,011,878 | - | ||
| Pik interest income-Investment Affiliated Issuer Controlled | 415,661 | - | ||
| Dividend income-Investment Unaffiliated Issuer | 463,624 | 449,575 | ||
| Dividend income-Investment Affiliated Issuer Noncontrolled | 221,500 | 213,493 | ||
| Dividend income-Investment Affiliated Issuer Controlled | 913,861 | 738,497 | ||
| Pik interest income-Investment Unaffiliated Issuer | - | 5,449,424 | ||
| Pik interest income-Investment Affiliated Issuer Noncontrolled | - | 0 | ||
| Pik interest income-Investment Affiliated Issuer Controlled | - | 394,202 | ||
| Other income-Investment Unaffiliated Issuer | 2,244 | 1,399 | ||
| Total investment income | 50,515,777 | 51,464,997 | ||
| Interest and other debt expenses | 16,816,947 | 17,087,833 | ||
| Management fees | 5,544,927 | - | ||
| Professional fees | 825,189 | 947,452 | ||
| Administrative expenses | 414,900 | 509,930 | ||
| Insurance expense | 215,873 | 218,463 | ||
| Director fees | 182,500 | - | ||
| Custody fees | 91,880 | 91,348 | ||
| Incentive fees | 0 | - | ||
| Other operating expenses | 990,597 | 1,182,050 | ||
| Management fees | - | 5,461,118 | ||
| Incentive fees | - | 0 | ||
| Director fees | - | 192,500 | ||
| Total operating expenses, before management fee waiver | 25,082,813 | 25,690,694 | ||
| Management fee waiver (note 3) | 1,848,309 | 1,820,372 | ||
| Total operating expenses, after management fee waiver | 23,234,504 | 23,870,322 | ||
| Net investment income | 27,281,273 | 27,594,675 | ||
| Investment Unaffiliated Issuer | -77,727,536 | -66,287,884 | ||
| Investment Affiliated Issuer Noncontrolled | -4,097,709 | 0 | ||
| Investment Affiliated Issuer Controlled | -15,212,153 | - | ||
| Interest Rate Swap | 0 | -9,491 | ||
| Net realized gain (loss) | -97,037,398 | -66,297,375 | ||
| Investment Unaffiliated Issuer | 79,382,048 | 40,313,699 | ||
| Investment Affiliated Issuer Noncontrolled | 915,853 | -3,203,412 | ||
| Investment Affiliated Issuer Controlled | 13,827,936 | -14,296,084 | ||
| Interest Rate Swap | 0 | -18,087 | ||
| Net change in unrealized appreciation (depreciation) | 94,125,837 | 22,796,116 | ||
| Net realized and unrealized gain (loss) | -2,911,561 | -43,501,259 | ||
| Net increase (decrease) in net assets resulting from operations | 24,369,712 | -15,906,584 | ||
| Earnings (loss) per share, basic | 0.29 | -0.19 | ||
| Earnings per share, diluted | 0.29 | -0.19 | ||
| Weighted average shares outstanding, diluted | 85,034,351 | 85,042,931 | ||
| Weighted-average number of common shares | 85,034,351 | 85,042,931 | ||
BlackRock TCP Capital Corp. (TCPC)
BlackRock TCP Capital Corp. (TCPC)