TriplePoint Venture Growth BDC Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.65
Dividend & Yield1.48$ (12.67%)
Beta N/A
Market capitalization 441.85M
Operating cash flow N/A
ESG Scores unknown

Company description

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio2.68
Working Capital2.03
Return On Equity0.18
Debt To Equity1.08
Fixed Asset Ratio0.03
Fixed Interest Cover3.37

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings 239.3M -75.3M 207.25M
Total Cash From Financing Activities 204.03M -45.43M 159.15M
Change To Operating Activities -21.24M 7.15M 7.69M
Issuance Of Stock 78.24M 78.24M
Net Income 31.76M 35.31M 76.56M -20.07M
Change In Cash 16.49M 18.24M 14.47M
Effect Of Exchange Rate
Total Cash From Operating Activities -187.54M 63.67M -144.68M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities -1.49M -2.75M -2.51M
Change To Netincome -199.63M 19.35M -230.88M
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 31.76M 35.31M 76.56M -20.07M
Net Income 31.76M 35.31M 76.56M -20.07M
Selling General Administrative 22.73M 27.84M 28.91M 29.11M
Gross Profit 71.68M 89.78M 86.42M 119.42M
Ebit 50.66M 63.35M 58.48M 90.32M
Operating Income 50.66M 63.35M 58.48M 90.32M
Interest Expense -12.4M -15.49M -17.37M -26.76M
Income Tax Expense
Total Revenue 71.68M 89.78M 86.42M 119.42M
Cost Of Revenue
Total Other Income ExpenseNet -18.9M -28.04M 18.08M -110.39M
Net Income From Continuing Ops 31.76M 35.31M 76.56M -20.07M
Net Income Applicable To Common Shares 31.76M 35.31M 76.56M -20.07M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 351.64M 283.07M 493.18M 594.59M
Total Stockholder Equity 332.51M 400.44M 434.49M 419.94M
Other Current Liabilities 3.09M
Total Assets 684.15M 683.51M 927.67M 1.01B
Common Stock 249k 309k 310k 353k
Other Current Assets 6.16M 6.46M 7.88M 7.77M
Retained Earnings -795k -12.39M 19.96M -50.98M
Treasury Stock
Cash 20.29M 38.22M 51.27M 51.49M
Total Current Liabilities 13.6M 20.26M 22.48M 27.61M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 29.42M 46.58M 60.16M 61.13M
Net Tangible Assets 332.51M 400.44M 434.49M 419.94M
Net Receivables
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to TriplePoint Venture Growth BDC Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FORNELLI CYNTHIA MPurchase at price 11.15 per share.D2022-12-19Director1k
VOGEL KIMBERLEY H.Purchase at price 10.84 per share.D2022-12-19Director2.76k
MATHIEU CHRISTOPHER MPurchase at price 13.34 per share.D2022-09-09Chief Financial Officer10k
FORNELLI CYNTHIA MPurchase at price 13.35 per share.D2022-09-09Director1k
MATHIEU CHRISTOPHER MPurchase at price 12.16 per share.D2022-06-17Chief Financial Officer10k
FORNELLI CYNTHIA MPurchase at price 14.75 per share.D2022-06-09Director1k
FORNELLI CYNTHIA MPurchase at price 15.70 per share.D2021-08-09Director500
FORNELLI CYNTHIA MPurchase at price 14.83 per share.D2021-03-09Director1k
MATHIEU CHRISTOPHER MPurchase at price 12.39 per share.D2020-08-24Chief Financial Officer5.5k
MATHIEU CHRISTOPHER MPurchase at price 12.18 per share.D2020-08-10Chief Financial Officer5k
FORNELLI CYNTHIA MPurchase at price 9.90 per share.D2020-06-23Director300
CASSANI STEPHEN APurchase at price 10.08 per share.D2020-05-28Director1k
FORNELLI CYNTHIA MPurchase at price 7.96 per share.D2020-05-13Director500
CASSANI STEPHEN APurchase at price 4.83 - 6.70 per share.D2020-03-27Director1.9k
MATHIEU CHRISTOPHER MPurchase at price 5.09 per share.D2020-03-25Chief Financial Officer5k
AHYE GILBERT EPurchase at price 5.20 per share.D2020-03-24Director3k
FORNELLI CYNTHIA MPurchase at price 4.61 per share.D2020-03-23Director200
LABE JAMES PPurchase at price 10.41 per share.I2018-12-21Chief Executive Officer250
SRIVASTAVA SAJAL KPurchase at price 10.43 per share.D2018-12-20President7.03k
CASSANI STEPHEN APurchase at price 12.53 per share.D2018-11-08Director1.2k
BIRD STEVEN PPurchase at price 11.91 per share.D2018-03-22Director20k
LABE JAMES PPurchase at price 13.65 per share.D2017-10-25Chief Executive Officer22.16k
SRIVASTAVA SAJAL KPurchase at price 13.65 per share.D2017-10-25President44.31k
OLSON ANDREWPurchase at price 13.65 per share.D2017-10-25Chief Financial Officer7.39k
SRIVASTAVA SAJAL KPurchase at price 13.10 per share.D2017-05-31President8k
SRIVASTAVA SAJAL KPurchase at price 11.02 per share.D2016-09-09President7k
SRIVASTAVA SAJAL KPurchase at price 11.54 per share.D2016-08-25President8k
BIRD STEVEN PPurchase at price 11.85 per share.D2015-09-01Director30k
SRIVASTAVA SAJAL KPurchase at price 11.62 - 12.35 per share.D2015-08-24President20k
SRIVASTAVA SAJAL KPurchase at price 13.55 per share.D2015-06-02President7k
CASSANI STEPHEN APurchase at price 14.84 per share.D2014-12-22Director500
ZAGUNIS HAROLD FRANKPurchase at price 14.68 per share.D2014-11-05Chief Financial Officer5k
LABE JAMES PPurchase at price 14.49 - 14.67 per share.D2014-11-05Chief Executive Officer14k
SRIVASTAVA SAJAL KPurchase at price 14.49 per share.D2014-11-03President15k
PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO L L CSale at price 15.30 per share.I2014-06-16Beneficial Owner of more than 10% of a Class of Security17.08k
PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO L L CSale at price 15.00 - 15.64 per share.I2014-06-02Beneficial Owner of more than 10% of a Class of Security23.06k
PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO L L CPurchase at price 14.99 - 16.23 per share.I2014-04-15Beneficial Owner of more than 10% of a Class of Security47.62k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TriplePoint Venture Growth BDC Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TriplePoint Venture Growth BDC Corp

Here is the result of two systematic investment strategies applied to TriplePoint Venture Growth BDC Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TriplePoint Venture Growth BDC Corp

The following chart shows the equity curve of the two systematic investment strategies applied to TriplePoint Venture Growth BDC Corp:

TriplePoint Venture Growth BDC Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 22.87% on the backtest period.

Performance at glance

Performance

22.87 %

Latent gain

513.97 $

Invested capital

2247.11 $

Annualized return

5.52 %
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Momentum strategy results on TriplePoint Venture Growth BDC Corp

This is the result of two momentum investment strategies applied to TriplePoint Venture Growth BDC Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TriplePoint Venture Growth BDC Corp

The following chart shows all the entries opened by the momentum investment system on TriplePoint Venture Growth BDC Corp:

TriplePoint Venture Growth BDC Corp momentum entries
  • The first momentum investment strategy would give 24.03% of return on TriplePoint Venture Growth BDC Corp. That represents 1444.22$ of latent gain with 6009.1$ of employed capital.
  • The second momentum investment strategy would give 24.9% of return on TriplePoint Venture Growth BDC Corp. That represents 1059.53$ of latent gain with 4255.15$ of employed capital.
Performance at glance (1Q Momentum)

Performance

24.03 %

Latent gain

1444.22 $

Invested capital

6009.1 $

Annualized return

8.84 %
Performance at glance (2Q Momentum)

Performance

24.9 %

Latent gain

1059.53 $

Invested capital

4255.15 $

Annualized return

6.8 %

Momentum equity curve on TriplePoint Venture Growth BDC Corp

The following chart shows the equity curve of the two momentum strategies applied to TriplePoint Venture Growth BDC Corp:

TriplePoint Venture Growth BDC Corp momentum equity

Note: the dividends potentially given by TriplePoint Venture Growth BDC Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TriplePoint Venture Growth BDC Corp

The following chart shows the employed capital evolution of the two momentum strategies on TriplePoint Venture Growth BDC Corp since the beginning:

TriplePoint Venture Growth BDC Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on TriplePoint Venture Growth BDC Corp

Buy the dip entry openings on TriplePoint Venture Growth BDC Corp

TriplePoint Venture Growth BDC Corp

The performance achieved by the robo-advisor on TriplePoint Venture Growth BDC Corp is 18.91%. That represents 190.37$ of latent gain with 1006.63$ of employed capital. The following chart shows TriplePoint Venture Growth BDC Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TriplePoint Venture Growth BDC Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

18.91 %

Latent gain

190.37 $

Invested capital

1006.63 $

Annualized return

8.84 %

Equity curve of the strategy applied to TriplePoint Venture Growth BDC Corp

The following chart shows the result of the investment strategy applied to TriplePoint Venture Growth BDC Corp:

TriplePoint Venture Growth BDC Corp

Note: the dividends potentially given by TriplePoint Venture Growth BDC Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TriplePoint Venture Growth BDC Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on TriplePoint Venture Growth BDC Corp:

TriplePoint Venture Growth BDC Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TriplePoint Venture Growth BDC Corp

In this section, I will compare the three previous investment strategies applied to TriplePoint Venture Growth BDC Corp.

Equity curve comparison on TriplePoint Venture Growth BDC Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TriplePoint Venture Growth BDC Corp investment strategy comparison

Employed capital comparison on TriplePoint Venture Growth BDC Corp

TriplePoint Venture Growth BDC Corp investment comparison

Performance comparison on TriplePoint Venture Growth BDC Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 22.87% 513.97$ 2247.11$ 5.52%
Momentum 1 quarter 24.03% 1444.22$ 6009.1$ 6.16%
Momentum 2 quarters 24.9% 1059.53$ 4255.15$ 6.8%
Non-directional 18.91% 190.37$ 1006.63$ 8.84%
Annualized return comparison

Automatic investment

5.52 %

Momentum 1Q

6.8 %

Momentum 2Q

6.8 %

Non-directional

8.84 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TriplePoint Venture Growth BDC Corp:

Positive correlations

Most correlated stocks this year

  • TriplePoint Venture Growth BDC Corp

  • Most correlated stocks last 3 months

  • AIRBOSS AMERICA J
  • Albemarle Corp
  • CVS Health Corp
  • El Pollo Loco Holdings Inc
  • Fox Factory Holding Corp
  • LITHIUM AMERICAS CORP
  • First Trust Consumer Staples AlphaDEX Fund
  • Lithium Americas Corp
  • VanEck Rare Earth/Strategic Metals ETF
  • U.S. Global Investors Inc - Class A
  • Invesco DWA Consumer Staples Momentum ETF
  • Icahn Enterprises L P
  • Acadia Healthcare Company Inc
  • First Trust Germany AlphaDEX Fund
  • Amplify Lithium & Battery Technology ETF
  • SMITHS GROUP PLC ORD 37.5P
  • First Trust BICK Index Fund
  • Ceva Inc
  • FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ET
  • iShare Inc iShares ESG Aware MSCI EM ETF
  • News Corp - Class A
  • News Corp - Class B
  • SOLID STATE PLC ORD 5P
  • Darling Ingredients Inc
  • Invesco S&P MidCap 400 Pure Growth ETF
  • Expeditors International Of Washington Inc
  • First Trust Indxx NextG ETF
  • BorgWarner Inc
  • Saia Inc
  • PennantPark Floating Rate Capital Ltd
  • Invesco DWA SmallCap Momentum ETF
  • Fortune Brands Home & Security Inc
  • First Trust Capital Strength ETF
  • FIRST TRUST NASDAQ ARTIFICIAL INTELLIGENCE AND ROB
  • Janus Henderson Small/Mid Cap Growth Alpha ETF
  • Janus Henderson Small Cap Growth Alpha ETF
  • Global X Funds Global X Internet of Things ETF
  • Vanguard Russell 2000 Growth Index ETF
  • MSC Industrial Direct Co. Inc - Class A
  • Invesco DB G10 Currency Harvest Fund
  • TriplePoint Venture Growth BDC Corp
  • Cintas Corporation
  • PGT Innovations Inc
  • Qwest Corporation
  • iShares Core MSCI Total International Stock ETF
  • Vanguard Total International Stock ETF
  • Global X Autonomous & Electric Vehicles ETF
  • Global X Funds Global X Robotics & Artificial Inte
  • First Trust Nasdaq Semiconductor ETF
  • Skyworks Solutions Inc
  • Siren Nasdaq NexGen Economy ETF
  • iShares MSCI Global Sustainable Development Goals
  • Equifax Inc
  • Syneos Health Inc - Class A
  • iShares MSCI Netherlands ETF
  • Quaker Houghton
  • iShares MSCI ACWI ETF
  • iShares Semiconductor ETF
  • Direxion Daily Semiconductor Bull 3X Shares
  • ETCT ROBO Global Robotics and Automation Index ETF
  • Gabelli Healthcare & WellnessRx Trust
  • VanEck Semiconductor ETF
  • First Trust Multi Cap Growth AlphaDEX Fund
  • Archrock Inc
  • Royce Global Value Trust Inc
  • Davis Select Worldwide ETF
  • ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF
  • Chipotle Mexican Grill
  • Fidelity MSCI Communication Services Index ETF
  • Invesco DWA Developed Markets Momentum ETF
  • First Trust Nasdaq Food & Beverage ETF
  • United Micro Electronics
  • Chemours Company
  • Axalta Coating Systems Ltd
  • Molina Healthcare Inc
  • AEM
  • Ameresco Inc - Class A
  • Visa Inc - Class A
  • Surface Oncology Inc
  • Global X MSCI Argentina ETF
  • Broadridge Financial Solutions Inc
  • WISDOMTREE EMERGING MARKETS MULTIFACTOR FUND N/A
  • WISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWT
  • SPDR Portfolio Emerging Markets ETF
  • PROSHARES ULTRA MSCI EMERGING MARKETS
  • Invesco DWA Emerging Markets Momentum ETF
  • WisdomTree Emerging Markets SmallCap Dividend Fund
  • iShares MSCI Emerging Markets ETF
  • Waste Connections Inc
  • iShares MSCI Emerging Markets Small-Cap ETF
  • American Superconductor Corp
  • CIENA Corp
  • First Trust Nasdaq Clean Edge Green Energy Index F
  • Impact Shares Sustainable Development Goals Global
  • VanEck Low Carbon Energy ETF
  • TD Synnex Corp
  • SPDR SSGA Gender Diversity Index ETF
  • First Trust Mid Cap Growth AlphaDEX Fund
  • Invesco Solar ETF
  • iShares Global Clean Energy ETF
  • Heska Corp (Restricted Voting)
  • Fidelity MSCI Health Care Index ETF
  • First Trust Health Care AlphaDEX Fund
  • iShares Exponential Technologies ETF
  • Home Depot Inc
  • First Trust Nasdaq-100 Ex-Technology Sector Index
  • Principal U.S. Mega-Cap ETF
  • Invesco S&P 500 Pure Growth ETF
  • Invesco DWA Momentum ETF
  • Fidelity Momentum Factor ETF
  • Global X Millennial Consumer ETF
  • VanEck Retail ETF
  • iShares Core S&P U.S.Growth ETF
  • Medpace Holdings Inc
  • First Trust NASDAQ Cybersecurity ETF
  • ClearBridge All Cap Growth ESG ETF
  • Global X S&P 500 Catholic Values ETF
  • First Trust Dorsey Wright Focus 5 ETF
  • ClearBridge Large Cap Growth ESG ETF
  • First Trust NASDAQ-100 Equal Weighted Index Fund
  • First Trust NASDAQ-100 Technology Sector Index Fun
  • iShares Trust iShares ESG Aware MSCI USA ETF
  • Vanguard Russell 1000 Index ETF
  • Schwab 1000 Index ETF
  • Schwab U.S. Large-Cap ETF
  • MSCI USA ESG Select ETF
  • Fidelity MSCI Consumer Discretionary Index ETF
  • iShares Global Consumer Discretionary ETF
  • Invesco S&P 500 Equal Weight Technology ETF
  • Thermo Fisher Scientific Inc
  • Ultra Clean Hldgs Inc
  • iShares MSCI New Zealand ETF
  • ERShares Entrepreneurs ETF
  • Accenture plc - Class A
  • WisdomTree Global ex-U.S. Quality Dividend Growth
  • Mastercard Incorporated - Class A

  • Note: The algorithm computes the probability of correlation between TriplePoint Venture Growth BDC Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of TriplePoint Venture Growth BDC Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name TriplePoint Venture Growth BDC Corp
    Country United States
    City Menlo Park
    Address 2755 Sand Hill Road
    Phone 650-854-2090
    Website www.tpvg.com
    FullTime employees
    Industry Asset Management
    Sector Financial Services
    Exchange XNYS
    Ticker TPVG
    Market www.nyse.com

    TriplePoint Venture Growth BDC Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown