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TriplePoint Venture Growth (TPVG)
NYSE:TPVG
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.31Last Year’s EPS
0.41Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -5.79%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in investment activity and strong portfolio company fundraising, signaling a potential recovery in the venture capital market. However, challenges remain with unrealized losses and ongoing credit issues with some portfolio companies. Overall, the sentiment is positive due to the strong growth outlook and improving market conditions.Company Guidance
During the fourth quarter of 2024, TriplePoint Venture Growth BDC Corp. (TPVG) experienced a notable increase in venture growth stage investment activity, particularly in the AI sector, leading to a significant rise in their investment pipeline, which surged by 246% to $323 million, marking the highest level in 2.5 years. The company reported a net investment income of $12.6 million, or $0.32 per share, surpassing their regular quarterly dividend. New debt commitments reached a two-year high of $72 million, a 75% increase from the previous quarter, and $50 million was funded during the quarter. The company also saw improvement in its portfolio diversification and sector rotation, focusing on high-potential industries like AI, health tech, and aerospace. Despite challenges in the venture markets, TPVG maintained strong liquidity with $374 million available at year-end, positioning itself for potential portfolio growth in 2025 as market conditions improve and demand for venture debt strengthens.Increased Investment Activity
TPVG's signed term sheets increased 246% to $323 million in Q4, marking the highest level in 2.5 years. New debt commitments reached $72 million, a 75% increase compared to the prior quarter.
Strong Portfolio Company Fundraising
26 active debt portfolio companies raised $1.8 billion in 2024, a 200% increase over 2023, with notable raises over $100 million from companies like Flow Health, Cresta, and Corelight.
Portfolio Diversification and Sector Rotation
TPVG made significant strides in diversifying its portfolio, focusing on emerging sectors such as AI, aerospace and defense, health tech, and verticalized software.
Improved Market Conditions
Venture capital investment market showed signs of recovery with deal value increasing to $209 billion across more than 15,000 deals last quarter, surpassing pre-pandemic levels.
Strong Liquidity and Reduced Leverage
TPVG ended 2024 with $374 million in liquidity and reduced leverage to 1.16x from 1.76x in 2023.
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TPVG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TPVG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $7.43 | $7.03 | -5.38% |
| Nov 06, 2024 | $6.29 | $6.96 | +10.65% |
| Aug 07, 2024 | $7.14 | $6.62 | -7.28% |
| May 01, 2024 | $8.03 | $7.91 | -1.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TriplePoint Venture Growth (TPVG) report earnings?
TriplePoint Venture Growth (TPVG) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is TriplePoint Venture Growth (TPVG) earnings time?
TriplePoint Venture Growth (TPVG) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TPVG EPS forecast?
TPVG EPS forecast for the fiscal quarter 2025 (Q1) is 0.31.
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