FMP

FMP

Enter

HCXZ - Hercules Capital, In...

photo-url-https://images.financialmodelingprep.com/symbol/HCXZ.png

Hercules Capital, Inc.

HCXZ

NYSE

Inactive Equity

Hercules Capital, Inc. is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. The firm provides growth capital financing solutions for capital extension; management buy-out and corporate spin-out financing solutions; company, asset specific, or intellectual property acquisition financing; convertible, subordinated and/or mezzanine loans; domestic and international corporate expansion; vendor financing; revenue acceleration by sales and marketing development, and manufacturing expansion. It provides asset-based financing with a focus on cash flow; accounts receivable facilities; equipment loans or leases; equipment acquisition; facilities build-out and/or expansion; working capital revolving lines of credit; inventory. The firm also provides bridge financing to IPO or mergers and acquisitions or technology acquisition; dividend recapitalizations and other sources of investor liquidity; cash flow financing to protect against share price volatility; competitor acquisition; pre-IPO financing for extra cash on the balance sheet; public company financing to continue asset growth and production capacity; short-term bridge financing; and strategic and intellectual property acquisition financings. It also focuses on customized financing solutions, emerging growth, mid venture, and late venture financing. The firm invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The firm generally seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment. It prefers to invest in technology, SaaS Finance, energy technology, sustainable and renewable technology, and life sciences. Within technology the firm focuses on advanced specialty materials and chemicals; communication and networking, consumer and business products; consumer products and services, digital media and consumer internet; electronics and computer hardware; enterprise software and services; gaming; healthcare services; information services; business services; media, content and information; mobile; resource management; security software; semiconductors; semiconductors and hardware; and software sector. Within energy technology, it invests in agriculture; clean technology; energy and renewable technology, fuels, and power technology; geothermal; smart grid and energy efficiency and monitoring technologies; solar; and wind. Within life sciences, the firm invests in biopharmaceuticals; biotechnology tools; diagnostics; drug discovery, drug platform, development, and delivery; medical devices and equipment; surgical devices; therapeutics; pharma services; and specialty pharmaceuticals. Within sustainable and renewables, it invests in Vehicle Technology, Energy Generation and Storage, Ag Technology, Advanced Materials, and Industry 4.0. It also invests in educational services. The firm invests primarily in United States based companies and considers investment in the West Coast, Mid-Atlantic regions, Southeast and Midwest, particularly in the areas of software, biotech, and information services. The firm prefers to invest between $5 million and $200 million in equity per transactions. It invests generally between $1 million and $40 million in companies focused primarily on business services, communications, electronics, hardware, and healthcare services. The firm invests primarily in private companies but also have investments in public companies. For equity investments, the firm seeks to represent a controlling interest in its portfolio companies which may exceed 25% of the voting securities of such companies. The firm seeks to invest a limited portion of its assets in equipment-based loans to early-stage prospective portfolio companies. These loans are generally for amounts up to $3 million but may be up to $15 million for certain energy technology venture investments. The firm allows certain debt investments have the right to convert a portion of the debt investment into equity. It also co-invests with other private equity firms. The firm seeks to exit its investments through initial public offering, a private sale of equity interest to a third party, a merger or an acquisition of the company or a purchase of the equity position by the company or one of its stockholders. The firm has structured debt with warrants which typically have maturities of between two and seven years with an average of three years; senior debt with an investment horizon of less than three years; equipment loans with an investment horizon ranging from three to four years; and equity related securities with an investment horizon ranging from three to seven years. The firm prefers to invest through its balance sheet capital. The firm formerly known as Hercules Technology Growth Capital, Inc. Hercules Capital, Inc. was founded in December 2003 and is based in San Mateo, California with additional offices in North America and Europe.

25.2 USD

0 (0%)

HCXZ Financial Statements

Year

2023

2022

2021

2020

Total Revenue

460.67M

184.64M

255.13M

297.77M

Cost of Revenue

1.6M

43.85M

36.97M

29M

Gross Profit

459.07M

140.79M

218.16M

268.78M

Operating Expenses

73.09M

82.56M

80.98M

70.51M

Research and Development

0

0.31

0.57

0.98

Selling, General & Administrative Expenses

73.09M

16.95M

16.11M

18.91M

Selling & Marketing Expenses

54.4M

0

0

0

General & Administrative Expenses

18.7M

16.95M

16.11M

18.91M

Other Expenses

0

65.61M

64.87M

51.6M

Operating Income

387.57M

272.93M

174.16M

227.26M

Total Other Income/Expenses Net

-50.09M

-153.75M

-46.84M

-1.04M

Income Before Tax

337.48M

102.08M

174.16M

227.26M

Income Tax

0

-54.75M

-58.87M

-59.6M

Net Income

337.48M

156.83M

174.16M

227.26M

Basic EPS

2.32

1.25

1.5

2.02

EPS Diluted

2.31

1.24

1.49

2.01

Basic Average Shares

144.09M

125.19M

114.74M

111.98M

Diluted Average Shares

144.83M

126.66M

115.95M

112.27M

EBITDA

405.29M

250.62M

213.39M

224.43M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

59.91M

216.52M

133.39M

-12.16M

Net Income

337.48M

156.83M

174.16M

227.26M

Stock Repurchases

-12.7M

-4.53M

-2.82M

-1.84M

Dividend Paid

-273.68M

-245.12M

-175.5M

-152.42M

Retained Earnings

140.01M

59.91M

216.52M

133.39M

Other Distributions

-206.28M

-406.27M

-95.19M

-8.7M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

4.79M

4.99M

6.76M

9.28M

Annual Depreciation

190k

163.93M

73.25M

-55.71M

Capital Expenditure

-887k

-114k

-106k

-137k

Net PPE

5.48M

-158.83M

-66.38M

65.13M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in USD.

FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep