Our principal investment strategy is to invest in business-essential, revenue-producing (or cost-saving) equipment and other physical assets with high in-place value and long, relative to the investment term, economic life and project financings. We expect to achieve our investment strategy by making investments in equipment already subject to lease or originating equipment leases in such equipment, which will include: (i) purchasing equipment and leasing it to third-party end-users; (ii) providing equipment and other asset financing; (iii) acquiring equipment subject to lease and (iv) acquiring ownership rights (residual value interests) in leased equipment at lease expiration. From time to time, we may also purchase equipment and sell it directly to our leasing customers.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SQN Asset Income Fund V, L.P.
SEC CIK
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
10-K
2021 FY
Annual report
31 Mar 22
10-Q
2021 Q3
Quarterly report
15 Nov 21
8-K
Departure of Directors or Certain Officers
24 Aug 21
10-Q
2021 Q2
Quarterly report
16 Aug 21
10-Q
2021 Q1
Quarterly report
14 May 21
10-K
2020 FY
Annual report
31 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
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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) | 136.85 k | 136.85 k | 136.85 k | 136.85 k | 136.85 k | 136.85 k |
Cash burn (monthly) | 912.00 | 10.78 k | 157.31 k | 259.91 k | (no burn) | (no burn) |
Cash used (since last report) | 3.96 k | 46.78 k | 682.61 k | 1.13 mm | n/a | n/a |
Cash remaining | 132.90 k | 90.07 k | -545.76 k | -990.91 k | n/a | n/a |
Runway (months of cash) | 145.7 | 8.4 | -3.5 | -3.8 | n/a | n/a |