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Upturn AI SWOT - About
Chicago Atlantic BDC, Inc. (LIEN)
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Upturn Advisory Summary
07/14/2025: LIEN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $13.28
1 Year Target Price $13.28
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 10.86% | Avg. Invested days 44 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 279.09M USD | Price to earnings Ratio 18.25 | 1Y Target Price 13.28 |
Price to earnings Ratio 18.25 | 1Y Target Price 13.28 | ||
Volume (30-day avg) 1 | Beta 0.22 | 52 Weeks Range 9.40 - 12.27 | Updated Date 05/15/2025 |
52 Weeks Range 9.40 - 12.27 | Updated Date 05/15/2025 | ||
Dividends yield (FY) 11.12% | Basic EPS (TTM) 0.67 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 32.69% | Operating Margin (TTM) 77.96% |
Management Effectiveness
Return on Assets (TTM) 6.31% | Return on Equity (TTM) 4.88% |
Valuation
Trailing PE 18.25 | Forward PE - | Enterprise Value 248974672 | Price to Sales(TTM) 22.01 |
Enterprise Value 248974672 | Price to Sales(TTM) 22.01 | ||
Enterprise Value to Revenue 23.83 | Enterprise Value to EBITDA - | Shares Outstanding 22820400 | Shares Floating - |
Shares Outstanding 22820400 | Shares Floating - | ||
Percent Insiders 63.14 | Percent Institutions 23.3 |
Upturn AI SWOT
Chicago Atlantic BDC, Inc.
Company Overview
History and Background
Chicago Atlantic BDC, Inc. was founded in 2019 and is a specialty finance company focused on providing capital to companies in the cannabis industry. It elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940.
Core Business Areas
- Senior Secured Loans: Providing senior secured loans to cannabis companies, secured by real estate, equipment, licenses, and other assets.
Leadership and Structure
John Mazarakis is the Chairman and CEO. The company operates with a typical BDC structure, with an investment committee overseeing loan approvals and portfolio management. As of 2024 the company has been run by a Board of Directors with many industry experts.
Top Products and Market Share
Key Offerings
- Senior Secured Loans to Cannabis Industry: Chicago Atlantic focuses on providing senior secured credit solutions to state-licensed cannabis operators. They tailor their loans to address the needs of cannabis companies with market operations in real estate, equipment, and other assets. Market share is difficult to pinpoint due to the fragmented nature of cannabis lending but is thought to be around 25%. Competitors include AFC Gamma (AFCG), Innovative Industrial Properties (IIPR) and NewLake Capital Partners (NLCP).
Market Dynamics
Industry Overview
The cannabis industry is rapidly growing but faces regulatory hurdles and limited access to traditional financing. This creates opportunities for specialized lenders like Chicago Atlantic.
Positioning
Chicago Atlantic is positioned as a leading provider of senior secured loans within the cannabis industry, capitalizing on the lack of traditional banking services available to cannabis companies. Competitive advantages include industry expertise and speed of execution.
Total Addressable Market (TAM)
The legal cannabis market is projected to reach hundreds of billions in the next decade, creating a massive TAM for specialized lenders. The total addressable market is constantly shifting based on legality but it is thought to be over $100 Billion. Chicago Atlantic is well positioned to serve a significant portion of that TAM.
Upturn SWOT Analysis
Strengths
- Specialized industry expertise
- Strong relationships with cannabis operators
- Senior secured loan structure providing downside protection
- High yields on loans
Weaknesses
- Concentration in a single industry
- Regulatory risk associated with the cannabis industry
- Smaller market capitalization compared to larger BDCs
- Reliance on continued growth of the cannabis industry
Opportunities
- Expansion into new cannabis markets as legalization spreads
- Increasing demand for financing from cannabis operators
- Potential for strategic partnerships with larger financial institutions
- Diversification into ancillary cannabis businesses
Threats
- Increased competition from other lenders
- Changes in cannabis regulations
- Economic downturn affecting the cannabis industry
- Defaults on loans to cannabis operators
Competitors and Market Share
Key Competitors
- AFC Gamma (AFCG)
- Innovative Industrial Properties (IIPR)
- NewLake Capital Partners (NLCP)
Competitive Landscape
Chicago Atlantic competes with other specialized lenders and, to a limited extent, traditional financial institutions. Its competitive advantages include industry expertise and speed of execution.
Growth Trajectory and Initiatives
Historical Growth: Chicago Atlantic has experienced growth since its founding, fueled by the expansion of the cannabis industry and demand for its lending services.
Future Projections: Future projections are dependent on the growth of the cannabis industry, regulatory changes, and the company's ability to deploy capital effectively.
Recent Initiatives: Recent initiatives include expansion into new markets, strategic partnerships, and diversification efforts.
Summary
Chicago Atlantic BDC, Inc. is a specialty finance company focused on the cannabis industry. It has shown significant growth since its founding. However, it faces regulatory risks and is concentrated in a single industry. The company must continue to expand into new markets, diversify to lower risks and monitor defaults within their industry.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Industry Reports
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share data is estimated. Financial data is hypothetical and needs to be replaced with actual data
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chicago Atlantic BDC, Inc.
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2022-02-04 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
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