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TriplePoint Venture: New Distribution Looks Unsustainable
Seeking Alpha· 2025-08-07 15:50
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.Trapping Value provides Covered Calls, and Preferred Stoc ...
TriplePoint Venture Growth (TPVG) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-06 23:36
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this investment company would post earnings of $0.3 per share when it actually produced earnings of $0.27, delivering a surprise of -10%.Over the last four quar ...
TriplePoint Venture Growth(TPVG) - 2025 Q2 - Earnings Call Transcript
2025-08-06 22:00
TriplePoint Venture Growth BDC (TPVG) Q2 2025 Earnings Call August 06, 2025 05:00 PM ET Speaker0Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Second Quarter twenty twenty five Earnings Conference Call. At this time, all lines have been placed in a listen only mode. After the speakers' remarks, there will be an opportunity to ask questions and instructions will follow at that time.This conference is being recorded and a replay of the call will be available in an au ...
TriplePoint Venture Growth(TPVG) - 2025 Q2 - Quarterly Report
2025-08-06 20:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-Q ________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, ...
TriplePoint Venture Growth(TPVG) - 2025 Q2 - Quarterly Results
2025-08-06 20:21
Exhibit 99.1 TriplePoint Venture Growth BDC Corp. Announces Second Quarter 2025 Financial Results Highest Level of Closed Commitments and Fundings Since Fiscal Year 2022 Net Increase in Net Assets Resulting from Operations of $0.33 per Share for the Second Quarter Declares Third Quarter 2025 Distribution of $0.23 per Share Menlo Park, Calif., August 6, 2025 - TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the "Company," "TPVG," "we," "us," or "our"), a leading financing provider to venture growth stage ...
Retire In Splendor And Massive 16% Yields: TriplePoint Venture
Seeking Alpha· 2025-07-24 11:35
Save yourself thousands of dollars by creating a portfolio that pays you to hold it. No selling required to fund your retirement dreams. Tired of going it alone or visiting a financial advisor who just doesn't seem to care? Join our lively group! Our Income Method generates strong returns, making retirement investing less stressful and straightforward .I spent four years as a bus driver for a large private school. In the morning, I would pick up students and carefully transport them to school. At noon, I wo ...
TriplePoint Venture Growth: Another Dividend Cut Could Be Around The Corner (Downgrade)
Seeking Alpha· 2025-06-28 11:45
Core Viewpoint - A high dividend yield, such as TriplePoint Venture Growth's (NYSE: TPVG) current yield of 17.9%, often indicates potential concerns regarding the company's financial health [1] Group 1 - TriplePoint Venture Growth has a current dividend yield of 17.9% [1]
TriplePoint Venture Growth: 18% Dividend Yield Is A Red Flag (Downgrade)
Seeking Alpha· 2025-05-29 16:37
TriplePoint Venture Growth BDC (NYSE: TPVG ) slashed its dividend in the third quarter of 2024 and since then, the business development company has exhibited softening dividend payout metrics, which could put even the lower dividend at risk again of a secondA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news sur ...
TriplePoint Venture Growth (TPVG) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-05-08 01:00
Company Performance - TriplePoint Venture Growth (TPVG) reported quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share, and down from $0.41 per share a year ago, representing an earnings surprise of -10% [1] - The company posted revenues of $22.45 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 7.90%, compared to year-ago revenues of $29.27 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - TriplePoint Venture Growth shares have lost about 17.9% since the beginning of the year, while the S&P 500 has declined by -4.7% [3] - The current status of estimate revisions is unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.30 on revenues of $24.67 million, and $1.24 on revenues of $99.61 million for the current fiscal year [7] - The outlook for the industry, specifically the Financial - SBIC & Commercial Industry, is in the bottom 37% of Zacks industries, which may materially impact stock performance [8]
TriplePoint Venture Growth(TPVG) - 2025 Q1 - Earnings Call Transcript
2025-05-07 22:02
Financial Data and Key Metrics Changes - For Q1 2025, total investment income was $22.5 million with a portfolio yield of 14.4%, compared to $29.3 million and 15.4% in the prior year period [26] - Net investment income for Q1 2025 was $10.7 million or $0.27 per share, down from $15.5 million or $0.41 per share in Q1 2024 [27] - The company's net increase in net assets resulting from operations for Q1 2025 was $12.7 million or $0.32 per share, compared to $8 million or $0.21 per share in Q1 2024 [28] Business Line Data and Key Metrics Changes - In Q1 2025, the company signed $315 million in term sheets with venture growth stage companies, up from $130 million in Q1 2024 [14] - Funded investments in Q1 2025 totaled $28 million, compared to $14 million in Q1 2024 [15] - The weighted average annualized portfolio yield for funded investments was 13.3%, slightly down from 13.5% in Q4 2024 [15] Market Data and Key Metrics Changes - The company noted a significant increase in demand for venture lending driven by a backlog of high-quality companies in the IPO queue and companies seeking financing for growth and acquisitions [8] - The company has observed no material impact from tariffs on its AI, software, B2B, and enterprise-focused portfolio companies [17] Company Strategy and Development Direction - The company is focused on portfolio diversification and investment sector rotation, particularly in high-potential sectors such as AI, software solutions, and cybersecurity [11] - The management aims to increase net investment income through debt investment portfolio growth and increasing balance sheet leverage [29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving market conditions in the venture capital market, with increased fundraising activity and positive outlook for capital markets [21] - The company is monitoring the impact of geopolitical uncertainties and tariffs on its portfolio, but has not seen immediate effects [20][36] Other Important Information - The company ended Q1 2025 with total liquidity of $337 million, consisting of cash and available capacity under its revolving credit facility [25] - The Board declared a regular quarterly dividend of $0.30 per share, with an estimated spillover income of $42.5 million at the end of the period [29] Q&A Session Summary Question: Can you share your fundings outlook for the second quarter and beyond? - Management confirmed that the outlook for Q2 remains unchanged at $25 million to $50 million in fundings, expecting to make up for the shortfall from Q1 [33] Question: Can you speak to your views on credit today and the outlook going forward? - Management noted improved market conditions and increased fundraising activity, but acknowledged the challenges posed by geopolitical uncertainty [34][36] Question: What is your willingness to do share repurchase versus making new investments? - Management indicated a preference for growing the portfolio with debt capital rather than repurchasing shares, aiming to achieve long-term objectives [39] Question: What is the expected repayment and prepayment activity in the second quarter? - Management expects one to two prepayments per quarter, primarily from older vintages, which should have a low impact on net investment income [42] Question: Can you walk me through the dynamic of your debt investments at their floors? - Management explained that 35% of the portfolio is at the floor, which means they will not see a reduction in yield as rates go down [65][68]