Chicago Atlantic BDC, Inc. reported total investment income of $12.7 million for the fourth quarter ended December 31, 2024. Net investment income reached $8.0 million, or $0.35 per weighted average share, reflecting the positive impact of the Loan Portfolio Acquisition.
For the full fiscal year 2024, total investment income was $21.7 million, with net investment income at $9.5 million, or $0.91 per weighted average share. Excluding acquisition-related expenses, full-year net investment income was $14.8 million, or $1.43 per share.
Net Asset Value (NAV) per share was $13.20 as of December 31, 2024, with total net assets increasing to $301.2 million from $82.5 million in the prior quarter. The Company also highlighted deploying an estimated $45.6 million in gross fundings since October 1, 2024, and closing a new $100 million credit facility in February 2025.
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