Is Sound Point Meridian Capital Inc (SPMC) a Buy, Sell, or Hold?
NYSE : SPMC
Sound Point Meridian Capital Inc
$10.2 USD
$0.08 (0.79%)
- Volume
- 6.52K
- Average Volume
- 28.44K
- Market Capitalization
- $209.48M
- P/E Ratio
- -1.21
- Dividend Yield
- 27.45%
- Price Target
- $11.75
- Year High
- $18.60
- Year Low
- $8.36
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$165.98
- Current Ratio
- $1.46
SPMC Financial Statements
| date | 2026-03-31 | 2025-03-31 | 2025-03-31 | 2023-12-31 |
|---|---|---|---|---|
| revenue | -107.97M | 70.15M | 64.51M | 64.51M |
| costOfRevenue | 13.99M | 18.84M | 114.81K | 114.81K |
| grossProfit | -121.96M | 51.31M | 64.39M | 64.39M |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 4.18M | 24.05M | 792.4K | 792.4K |
| sellingAndMarketingExpenses | - | 314.1K | - | - |
| sellingGeneralAndAdministrativeExpenses | 4.18M | - | 792.4K | 792.4K |
| otherExpenses | 87734 | 29.03M | - | - |
| operatingExpenses | 4.27M | 29.03M | 792.4K | 792.4K |
| costAndExpenses | 18.26M | 47.87M | 907.21K | 907.21K |
| netInterestIncome | 51.94M | 65.59M | 32.99M | 32.99M |
| interestIncome | 65.93M | 70.27M | 33.11M | 33.11M |
| interestExpense | 13.99M | 4.68M | 114.81K | 114.81K |
| depreciationAndAmortization | - | - | - | - |
| ebitda | -126.23M | 22.28M | 63.6M | 63.6M |
| ebit | -126.23M | 22.28M | 63.6M | 63.6M |
| nonOperatingIncomeExcludingInterest | - | - | - | - |
| operatingIncome | -126.23M | 22.28M | 63.6M | 63.6M |
| totalOtherIncomeExpensesNet | - | -4.68M | - | - |
| incomeBeforeTax | -126.23M | 17.6M | 63.6M | 63.6M |
| incomeTaxExpense | - | - | - | - |
| netIncomeFromContinuingOperations | -126.23M | 17.6M | 63.6M | 63.6M |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | -126.23M | 17.6M | 63.6M | 63.6M |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | -126.23M | 17.6M | 63.6M | 63.6M |
| eps | -6.12 | 0.87 | 0.87 | 3140 |
| date | 2026-03-31 | 2025-03-31 | 2025-03-31 | 2023-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 5.81M | 9.94M | 4.99M | 4992 |
| shortTermInvestments | - | - | - | - |
| cashAndShortTermInvestments | 5.81M | 9.94M | 4.99M | 4992 |
| netReceivables | 69266 | 47572 | 96816 | 53.23 |
| accountsReceivables | 69266 | - | 96816 | 53.23 |
| otherReceivables | - | 47572 | - | - |
| inventory | - | - | - | - |
| prepaids | - | 342.93K | - | - |
| otherCurrentAssets | -69266 | - | - | 43.77 |
| totalCurrentAssets | 5.81M | 10.33M | 5.09M | 5089 |
| propertyPlantEquipmentNet | - | - | - | - |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | 368.15M | 503.72M | - | 298.12K |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 569.24K | - | 298.12M | - |
| totalNonCurrentAssets | 368.72M | 503.72M | 298.12M | 298.12K |
| otherAssets | - | 514.05M | - | - |
| totalAssets | 374.53M | 514.05M | 303.21M | 303.21K |
| totalPayables | 3.98M | - | - | - |
| accountPayables | - | - | - | - |
| otherPayables | 3.98M | - | - | - |
| accruedExpenses | - | 6.75M | - | 773.15 |
| shortTermDebt | - | 70M | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | - | - | - | - |
| deferredRevenue | - | - | - | - |
| otherCurrentLiabilities | - | - | - | 8272 |
| totalCurrentLiabilities | 3.98M | 76.75M | - | 9046 |
| longTermDebt | 60M | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | 111.85M | - | 9.05M | - |
| totalNonCurrentLiabilities | 171.85M | - | 9.05M | - |
| otherLiabilities | - | 55.73M | - | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 175.83M | 132.48M | 9.05M | 9046 |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 20629 | 20319 | 20319 | 294.16K |
| retainedEarnings | -168.43M | -10.59M | -10.59M | - |
| additionalPaidInCapital | 367.11M | 392.14M | 392.14M | - |
| date | 2026-03-31 | 2025-03-31 | 2025-03-31 | 2023-12-31 |
|---|---|---|---|---|
| netIncome | -126.23M | 21.12M | 63.6M | 63.6M |
| depreciationAndAmortization | - | - | - | - |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | - | - | - | - |
| changeInWorkingCapital | -2.61M | 6.36M | -2.4M | -2.4M |
| accountsReceivables | -21694 | -47572 | -70004 | -70004 |
| inventory | - | - | - | - |
| accountsPayables | - | 5.83M | - | - |
| otherWorkingCapital | -2.59M | 576.03K | -2.33M | -2.33M |
| otherNonCashItems | 135.56M | 26.78M | -167.57M | -167.57M |
| netCashProvidedByOperatingActivities | 6.73M | 54.25M | -106.38M | -106.38M |
| investmentsInPropertyPlantAndEquipment | - | - | - | - |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | - | -293.55M | - | - |
| salesMaturitiesOfInvestments | - | 77.12M | - | - |
| otherInvestingActivities | - | - | - | - |
| netCashProvidedByInvestingActivities | - | -216.43M | - | - |
| netDebtIssuance | -10M | 70M | - | - |
| longTermNetDebtIssuance | -10M | - | - | - |
| shortTermNetDebtIssuance | - | 70M | - | - |
| netStockIssuance | 1.18M | 141.86M | 85.46M | 85.46M |
| netCommonStockIssuance | 1.18M | 141.86M | 85.46M | 85.46M |
| commonStockIssuance | 1.18M | 141.86M | 85.5M | 85.5M |
| commonStockRepurchased | - | - | -42037 | -42037 |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | -57.83M | -39.74M | -39.74M | -42.04 |
| commonDividendsPaid | -57.83M | -47.69M | - | -42.04 |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 55.78M | - | - | 42.04 |
| netCashProvidedByFinancingActivities | -10.87M | 172.12M | 85.46M | 85.46M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|---|---|
| revenue | 27.9M | 17.95M | 38.38M | 19.72M | 42.78M | 14.71M |
| costOfRevenue | 8.56M | - | 9.98M | - | 11.6M | 7.24M |
| grossProfit | 19.34M | 17.95M | 28.4M | 19.72M | 31.19M | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | 5.27M | 5.68M | 5.68M | - | - |
| sellingAndMarketingExpenses | - | 49420 | 66527 | 66527 | - | - |
| sellingGeneralAndAdministrativeExpenses | - | 5.32M | 5.75M | 5.75M | - | - |
| otherExpenses | 130.08M | - | 24.15M | - | 15.7M | - |
| operatingExpenses | 130.08M | 5.32M | 29.9M | 5.75M | 15.7M | - |
| costAndExpenses | 138.63M | 5.32M | 39.88M | 5.75M | 27.3M | -7.91M |
| netInterestIncome | 25.14M | -3.67M | -3.03M | -3.03M | 38.67M | - |
| interestIncome | 33.07M | - | -3.03M | -3.03M | 42.69M | - |
| interestExpense | 7.93M | - | - | - | 4.02M | - |
| depreciationAndAmortization | - | -12.63M | - | - | - | - |
| ebitda | -110.73M | - | -1.51M | 13.97M | 15.48M | 6.8M |
| ebit | -110.73M | 12.63M | -1.51M | 13.97M | 15.48M | 6.8M |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - |
| operatingIncome | -110.73M | 12.63M | -1.51M | 13.97M | 15.48M | 6.8M |
| totalOtherIncomeExpensesNet | -7.93M | -56.57M | -6.06M | -17.75M | -4.02M | -661.18K |
| incomeBeforeTax | -118.66M | -43.94M | -7.56M | -3.78M | 11.46M | 6.14M |
| incomeTaxExpense | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -118.66M | -43.94M | -7.56M | -3.78M | 11.46M | 6.14M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -118.66M | -43.94M | -7.56M | -3.78M | 11.46M | 6.14M |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -118.66M | -43.94M | -7.56M | -3.78M | 11.46M | 6.14M |
| eps | -5.75 | -2.14 | -0.37 | -0.18 | 0.56 | 0.3 |
| date | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 5.81M | 3.71M | 3.71M | 9.94M | 2.55M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 5.81M | 3.71M | 3.71M | 9.94M | 2.55M |
| netReceivables | - | 2.05M | 2.05M | 47572 | 1.19M |
| accountsReceivables | - | 2.05M | 2.05M | - | - |
| otherReceivables | - | - | - | 47572 | 1.19M |
| inventory | - | - | - | - | - |
| prepaids | - | 351.03K | 351.03K | - | - |
| otherCurrentAssets | - | - | - | 342.93K | -3.74M |
| totalCurrentAssets | 5.81M | 6.11M | 6.11M | 10.33M | - |
| propertyPlantEquipmentNet | - | - | - | - | - |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | - | 535.18M | 535.18M | 503.72M | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 368.72M | - | - | - | - |
| totalNonCurrentAssets | 368.72M | 535.18M | 535.18M | 503.72M | - |
| otherAssets | - | - | - | 514.05M | 447.91M |
| totalAssets | 374.53M | 541.29M | 541.29M | 514.05M | 447.91M |
| totalPayables | 3.98M | 15.89M | - | - | - |
| accountPayables | - | 13426 | - | - | - |
| otherPayables | 3.98M | 15.88M | - | - | - |
| accruedExpenses | - | 6.12M | 6.12M | - | - |
| shortTermDebt | - | 77.5M | 67.5M | 70M | 40M |
| capitalLeaseObligationsCurrent | - | - | - | - | - |
| taxPayables | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - |
| otherCurrentLiabilities | - | -22.01M | 121.45M | -70M | -40M |
| totalCurrentLiabilities | 3.98M | 77.5M | 195.07M | - | - |
| longTermDebt | 60M | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 111.85M | 117.57M | - | - | - |
| totalNonCurrentLiabilities | 171.85M | 117.57M | - | - | - |
| otherLiabilities | - | - | - | 132.48M | 51.52M |
| capitalLeaseObligations | - | - | - | - | - |
| totalLiabilities | 175.83M | 195.07M | 195.07M | 132.48M | 51.52M |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 20629 | 20474 | 20474 | 20319 | 20233 |
| retainedEarnings | -168.43M | -48.75M | -48.75M | -10.59M | 5.92M |
| additionalPaidInCapital | 367.11M | 394.95M | 394.95M | 392.14M | 390.45M |
| date | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|---|
| netIncome | -118.66M | -3.78B | -3.78B | 11.46M | 6.14M |
| depreciationAndAmortization | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - |
| changeInWorkingCapital | -1.97M | -636.82K | -318.41M | -292.23K | 6.65M |
| accountsReceivables | -18289 | -3405 | -1.7M | 1.14M | -1.19M |
| inventory | - | - | - | - | - |
| accountsPayables | -1.66M | -661.34K | - | -1.26M | 7.09M |
| otherWorkingCapital | -291.39K | 27927 | -316.71M | -172.58K | 748.6K |
| otherNonCashItems | 170.89M | 3.82B | -16.73B | 50.24M | -19.95M |
| netCashProvidedByOperatingActivities | 50.26M | 35.17M | -20.83B | 61.41M | -7.16M |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | -29.24M | -81.07M | - | -173.06M | -120.49M |
| salesMaturitiesOfInvestments | 27.37M | 4.24M | - | 63.14M | 13.98M |
| otherInvestingActivities | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -1.86M | -76.83M | - | -109.92M | -106.51M |
| netDebtIssuance | -17.5M | 7.5M | - | 26.45M | 43.55M |
| longTermNetDebtIssuance | - | - | - | - | - |
| shortTermNetDebtIssuance | -17.5M | 7.5M | - | 26.45M | 43.55M |
| netStockIssuance | 218.04K | 56.75M | - | 55.8M | 86.06M |
| netCommonStockIssuance | 218.04K | 56.75M | - | 55.8M | - |
| commonStockIssuance | 218.04K | 56.75M | - | 55.8M | 86.06M |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | -29.02M | -14.41B | -14.41B | -26.35M | -13.39M |
| commonDividendsPaid | - | -14.41B | -14.41B | - | -13.39M |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | - | 14.38B | 32.12B | - | - |
| netCashProvidedByFinancingActivities | -46.3M | 35.43M | 17.72B | 55.9M | 116.22M |