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Sound Point Meridian Capital, Inc. (New York Stock Exchange:SPMC)
US · Delayed Price · Currency is USD
Financial Services · Asset Management
5.50-0.24 (-4.18%)
Market cap
$113M
Insider Score
Health Score
Analyst consensus
Listed since
Jun 14, 2024
Website
Insider Score
/ 100
SPMC Insider Score
Sound Point Meridian Capital, Inc. has a live Insider Score.
Scored on 2 qualifying trades from 1 insider in the last 90 days.
Financial Health Score
Weak
From SPMC’s reported statements · Q1 2026 (trailing 12 months)
Profitability0 / 20
Loses money on what it sells.
- Revenue
- $104.0M
- Net income
- -$173.9M
- Net margin
- -167.3%
Leverage17 / 20
Little or no net debt.
- Total debt
- $60.0M
- Cash
- $5.8M
- Debt / equity
- 0.30
Liquidity13 / 20
Covers near-term obligations, without much room.
- Current assets
- $5.8M
- Current liabilities
- $4.0M
- Current ratio
- 1.46
Cash generation0 / 20
Consumes cash and must keep raising it.
- Operating cash flow
- -$20.69B
- Free cash flow
- -$20.69B
- FCF margin
- -19899.5%
Dilution & runway0 / 20
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 20.6M
- Share growth (1y)
- 1.5%
- Cash runway
- 0 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
SPMC Income Statement
| Fiscal Period | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Period Ending | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 |
| Revenue | 27.90 M | 17.95 M | 38.38 M | 19.72 M | 42.78 M | 14.71 M |
| Revenue Growth (YoY) | -34.78 % | 22.01 % | — | — | — | — |
| Cost of Revenue | 8.56 M | 0.00 | 9.98 M | 0.00 | 11.60 M | 7.24 M |
| Gross Profit | 19.34 M | 17.95 M | 28.40 M | 19.72 M | 31.19 M | 0.00 |
| SG&A Expense | 0.00 | 5.32 M | 5.75 M | 5.75 M | 0.00 | 0.00 |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 130.08 M | 5.32 M | 29.90 M | 5.75 M | 15.70 M | 0.00 |
| Operating Income | -110.73 M | 12.63 M | -1.51 M | 13.97 M | 15.48 M | 6.80 M |
| Pretax Income | -118.66 M | -43.94 M | -7.56 M | -3.78 M | 11.46 M | 6.14 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -118.66 M | -43.94 M | -7.56 M | -3.78 M | 11.46 M | 6.14 M |
| EPS (Basic) | -5.75 | -2.14 | -0.37 | -0.18 | 0.56 | 0.30 |
| EPS (Diluted) | -5.75 | -2.14 | -0.37 | -0.18 | 0.56 | 0.30 |
| Shares Outstanding | 20.63 M | 20.52 M | 20.47 M | 20.47 M | 20.32 M | 20.23 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.
Disclaimer — Informational only — not investment advice. Insider transaction data is sourced from SEC Form 4 filings; market data from public feeds and may be delayed. The Insider Score is a proprietary score for research purposes and does not predict future performance. Always do your own research.