What's new? Log in Free sign up

Investcorp Credit Management BDC (ICMB)

Company Profile

cm finance is a financial services company located in 601lexington ave, new york, new york, united states.

Company profile

Ticker

ICMB

Exchange

Website

www.icmbdc.com/

CEO

Michael Mauer

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Securities and Commodity Exchanges

Former names

CM Finance Inc

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

ICMB stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

21 Sep 23

Results of Operations and Financial Condition

Entry into a Material Definitive Agreement

Quarterly report

15 May 23

Quarterly report

13 Feb 23

Departure of Directors or Certain Officers

Departure of Directors or Certain Officers

Entry into a Material Definitive Agreement

Quarterly report

14 Nov 22

Submission of Matters to a Vote of Security Holders

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Suhail A. Shaikh

Initial statement of insider ownership

Investcorp S.A.

STEPHEN C FREIDHEIM

CYRUS CAPITAL PARTNERS, L.P.

KENNEDY CAPITAL MANAGEMENT, INC.

Investcorp S.A.

ROCCO DELGUERCIO

Change in insider ownership

Investcorp S.A.

Financial summary

Financial statements Chart ICMB financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 23	Jun 22	Jun 21	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	9.15 mm	9.15 mm	9.15 mm	9.15 mm	9.15 mm	9.15 mm
Cash burn (monthly)	1.67 mm	(no burn)	763.98 k	2.90 mm	(no burn)	(no burn)
Cash used (since last report)	4.82 mm	n/a	2.21 mm	8.39 mm	n/a	n/a
Cash remaining	4.33 mm	n/a	6.94 mm	760.97 k	n/a	n/a
Runway (months of cash)	2.6	n/a	9.1	0.3	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

ICMB institutional ownership history Ownership history

11.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	12	8	+50.0%
Opened positions	5	0	NEW
Closed positions	1	10	-90.0%
Increased positions	2	1	+100.0%
Reduced positions	5	4	+25.0%

13F shares	Current	Prev Q	Change
Total value	5.93 bn	1.15 bn	+416.4%
Total shares	1.65 mm	331.60 k	+397.5%
Total puts	2.20 k	0.00	NEW
Total calls	10.40 k	0.00	NEW
Total put/call ratio	0.2	–	–

Largest owners	Shares	Value	Change
Cyrus Capital Partners	1.20 mm	$4.36 bn	NEW
Raymond James & Associates	153.47 k	$555.57 mm	-10.9%
MS Morgan Stanley	90.45 k	$327.44 mm	NEW
LPL Financial	61.54 k	$222.79 mm	-14.3%
International Assets Investment Management	50.10 k	$181.36 mm	+13.1%
Citadel Advisors	33.15 k	$121.32 mm	NEW
Raymond James Financial Services Advisors	19.79 k	$71.63 mm	-4.8%
Geode Capital Management	16.94 k	$61.99 mm	NEW
Acadian Asset Management	13.26 k	$48.00 k	-23.0%
BLK Blackrock	5.00 k	$18.10 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Cyrus Capital Partners	1.20 mm	+1.20 mm	NEW
MS Morgan Stanley	90.45 k	+90.45 k	NEW
Citadel Advisors	33.15 k	+33.15 k	NEW
Raymond James & Associates	153.47 k	-18.76 k	-10.9%
Geode Capital Management	16.94 k	+16.94 k	NEW
LPL Financial	61.54 k	-10.27 k	-14.3%
International Assets Investment Management	50.10 k	+5.80 k	+13.1%
BLK Blackrock	5.00 k	+5.00 k	NEW
UBS UBS Group AG - Registered Shares	897.00	-4.11 k	-82.1%
Acadian Asset Management	13.26 k	-3.96 k	-23.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ICMB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 May 22	Cyrus Capital Partners	Common Stock, par value $0.001 per share ("Common Stock")	Sell	Dispose S	Yes	No	6.93	2,165,000	15.00 mm	1,253,976

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Investcorp Credit Management Bdc, Inc. Announces Financial Results For The Quarter Ended June 30, 2023; Net Asset Value Per Share Of $6.09

HIGHLIGHTSOn September 14, 2023, the Company's Board of Directors (the "Board") declared a distribution of $0.12 per share for the quarter ending September 30, 2023, payable in cash on November 2, 2023, to stockholders

Earnings Scheduled For September 18, 2023

Companies Reporting After The Bell • Stitch Fix (NASDAQ:SFIX) is expected to report quarterly loss at $0.21 per share on revenue of $371.36 million.

Investor Sentiment Declines After S&P 500 Falls For Second Straight Week

The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors on Friday. U.S. stocks closed lower on Friday, ahead of the Federal Reserve’s policy meeting this week. The Dow, meanwhile, settled slightly higher last week, while the S&P 500 and Nasdaq both recorded losses for the second straight week.

Stitch Fix, Rubicon Technologies And 3 Stocks To Watch Heading Into Monday

Investcorp Credit Earnings Preview

Press releases

From Benzinga Pro

Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended June 30, 2023, and Quarterly and Supplemental Distribution

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) ("ICMB" or the "Company") announced its financial results today for its fiscal fourth quarter ended June 30,

Investcorp Credit Management BDC, Inc. Schedules Earnings Release of Fourth Quarter Ended June 30, 2023

NEW YORK, Aug. 31, 2023 /PRNewswire/ -- Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) ("ICMB" or "the Company") today announced that it will release its financial results

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.