Investcorp Credit Management BDC, Inc. (ICMB)
Investcorp Credit Management BDC, Inc. (ICMB) operates as a business development company, primarily focusing on providing debt and mezzanine financing. Its investments aim to support various corporate objectives, including growth capital, acquisitions, market and product expansion, organic development, refinancings, and recapitalizations, particularly within the middle market. ICMB also strategically acquires equity stakes in its portfolio companies, often through warrants or other structured instruments, to gain upside participation, typically as part of a more extensive investment partnership. Geographically, the company targets investments across the United States and Europe. Within the U.S., it specifically concentrates on the Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund's sector focus is diverse, encompassing cable and satellites, consumer services, healthcare equipment and services, industrials, information technology, telecommunication services, and utilities. ICMB typically deploys between $5 million and $25 million per investment into companies with robust financial profiles, requiring annual revenues of at least $50 million and a minimum EBITDA of $15 million.
Industry: Asset Management
Investcorp Credit Management BDC, Inc.
NASDAQ:ICMBFinancial Services · Asset Management
+4.36%$0.7305
AH Close$0.8368+14.55%vs close
AH Close$0.8368+14.55%vs close
Mkt Cap$10.54M
Float8.21M
O/S14.43M
Inst Own8.6%
SI2.9%
Div Yield19.16%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.33M
Net Income-$8.85M
Total Assets$188.84M
Free Cash Flow$11.65M
Debt & Equity
Debt 67%
Equity 33%
Total Debt$123.13M
Total Equity$61.33M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ICMB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$188.84M
Liabilities$127.51M
Accounts Receivable$0
Accounts Payable$1.89M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Revenue | $3.33M | $23.25M | $23.25M | $26.68M | $24.43M | $26.69M | $34.46M | $34.4M | $22.33M | $28.2M | $35.58M | $18.72M | $17.38M | $8.48M |
| YoY Growth | -85.7% | 0.0% | -12.9% | 9.2% | -8.5% | -22.6% | 0.2% | 54.1% | -20.8% | -20.7% | 90.0% | 7.7% | 105.0% | - |
| Cost of Revenue | $7.68M | $0 | $0 | $0 | $0 | $0 | $0 | $44.06M | $10.41M | $7.98M | $39.99M | $0 | $0 | $0 |
| Gross Profit | -$4.35M | $23.25M | $23.25M | $26.68M | $24.43M | $26.69M | $34.46M | -$9.67M | $11.91M | $20.22M | -$4.41M | $18.72M | $17.38M | $8.48M |
| Gross Margin | -130.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -28.1% | 53.4% | 71.7% | -12.4% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1 | $1 | $1 | -$0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.79M | $8.13M | $8.13M | $7.78M | $7.91M | $8.83M | $10.48M | $4.44M | $3.95M | $3.94M | $3.5M | $3.27M | $1.89M | $471K |
| Other | $266K | $0 | $0 | $0 | $0 | $0 | $0 | $278K | $168K | $683K | $1.44M | $20K | $0 | $11K |
| Total Operating Expenses | $4.05M | $8.13M | $8.13M | $7.78M | $7.91M | $8.83M | $10.48M | $4.72M | $4.12M | $4.62M | $4.94M | $3.29M | $1.21M | $481K |
| Operating Income (EBIT) | -$8.4M | $15.11M | $15.11M | $18.9M | $16.52M | $17.86M | $23.98M | -$5.52M | -$4.12M | -$4.62M | -$4.94M | -$3.29M | -$1.21M | -$481K |
| Operating Margin | -252.4% | 65.0% | 65.0% | 70.8% | 67.6% | 66.9% | 69.6% | -16.0% | -18.5% | -16.4% | -13.9% | -17.6% | -6.9% | -5.7% |
| Interest Expense | $7.68M | $0 | $8.61M | $9.18M | $6.7M | $7.38M | $9.54M | $8.87M | $6.31M | $4.75M | $4.05M | $3.53M | $2.47M | $149K |
| Interest Income | $16.1M | -$8.19M | $22.39M | $25.92M | $22.98M | $25.3M | $33.11M | $33.55M | $31.3M | $29.9M | $34.64M | $36.29M | $20.53M | $6.53M |
| Other Income (Expense) | $0 | -$2.4M | -$2.4M | -$15.37M | $0 | -$19.9M | -$48.49M | -$5.52M | $1.8M | -$2.81M | -$5.3M | $0 | $0 | $1.69M |
| Income Before Tax (EBT) | -$8.4M | $12.71M | $12.71M | $3.53M | $2.86M | -$2.04M | -$24.51M | -$14.38M | $18.2M | $23.58M | -$9.34M | $15.43M | $16.18M | $8M |
| Income Tax Expense | $448K | $630K | $630K | $294K | $271K | $269K | $145K | $158K | $2.58M | -$4.62M | -$4.94M | -$3.29M | $9.22M | -$481K |
| Net Income | -$8.85M | $12.08M | $12.08M | $3.23M | $2.59M | -$2.31M | -$24.66M | -$14.54M | $15.63M | $23.58M | -$9.34M | $15.43M | $6.96M | $8M |
| Net Income Margin | -265.8% | 52.0% | 52.0% | 12.1% | 10.6% | -8.7% | -71.5% | -42.3% | 70.0% | 83.6% | -26.3% | 82.4% | 40.0% | 94.3% |
| Supplementary Data | ||||||||||||||
| EPS | -0.61 | 0.84 | 0.84 | 0.22 | 0.18 | -0.17 | -1.79 | -1.07 | 1.14 | 1.72 | -0.68 | 1.13 | 0.51 | 0.63 |
| Diluted EPS | -0.61 | 0.84 | 0.84 | 0.22 | 0.18 | -0.17 | -1.79 | -1.07 | 1.14 | 1.72 | -0.68 | 1.13 | 0.51 | 0.63 |
| Weighted Average OS | 14.42M | 14.40M | 14.40M | 14.39M | 14.30M | 13.91M | 13.74M | 13.63M | 13.69M | 13.69M | 13.67M | 13.67M | 13.67M | 12.67M |
| EBITDA | -$8.4M | $15.11M | $15.11M | $19.66M | $17.21M | $20.73M | $52.44M | -$13.6M | $13.05M | $34.27M | -$7.9M | $10.34M | $16.27M | $8.61M |
| EBITDA Margin | -252.4% | 65.0% | 65.0% | 73.7% | 70.5% | 77.7% | 152.2% | -39.5% | 58.5% | 121.5% | -22.2% | 55.2% | 93.6% | 101.5% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $4.58M | $771K | $771K | $1.09M | $2.55M | $5.85M | $14.88M | $19.71M | $5.62M | $10.65M | $18.43M | $21.54M | $24.7M | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.58M | $771K | $771K | $1.09M | $2.55M | $5.85M | $14.88M | $19.71M | $5.62M | $10.65M | $18.43M | $21.54M | $24.7M | $0 | $0 |
| Accounts Receivable | $0 | $2.38M | $2.38M | $2.18M | $3.14M | $8.42M | $5.53M | $3.91M | $12.01M | $1.63M | $1.9M | $2.9M | $1.46M | $1.01M | $296K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$320.16M | -$306.68M | -$338.39M | $0 | -$33.13M | $0 | $0 |
| Other Current Assets | $0 | $11.49M | $11.49M | $8.06M | -$2.96M | $7.19M | -$351K | $0 | $0 | $0 | $0 | $5.51M | $8.43M | $66.42M | $0 |
| Total Current Assets | $4.58M | $14.75M | $14.75M | $11.7M | $3.14M | $21.83M | $20.41M | $23.62M | $12.01M | $1.63M | $1.9M | $2.9M | $1.46M | $23.99M | $296K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $155.53M | $155.53M | $0 | $233.68M | $245.86M | $270.62M | $306.39M | $293.82M | $260.74M | $281.19M | $332.17M | $274.27M | $120.05M | $21.57M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $246.39M | $0 | $296.79M | $336.95M | $314.53M | $296.03M | $319.96M | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $184.25M | $36.58M | $36.58M | $220.11M | -$233.68M | $0 | -$296.79M | -$336.95M | -$293.82M | -$260.74M | -$281.19M | $30.62M | $34.49M | $66.88M | $296K |
| Total Long-Term Assets | $184.25M | $192.11M | $192.11M | $220.11M | $246.39M | $245.86M | $270.62M | $306.39M | $314.53M | $296.03M | $319.96M | $362.79M | $308.76M | $186.94M | $21.87M |
| Other Assets | $0 | $0 | $0 | $0 | -$3.14M | $0 | $5.77M | $6.94M | -$12.01M | -$1.63M | -$1.9M | -$2.9M | -$1.46M | -$23.99M | -$296K |
| Total Assets | $188.84M | $206.85M | $206.85M | $231.81M | $246.39M | $267.68M | $296.79M | $336.95M | $314.53M | $296.03M | $319.96M | $362.79M | $308.76M | $186.94M | $21.87M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $1.89M | $1.47M | $1.47M | $1.8M | $3.98M | $3.04M | $3.5M | $26.41M | $16.29M | $16.12M | $13.81M | $7.9M | $21.38M | $22.15M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$217.63M | $0 | -$230.21M | -$173.62M | $0 | $0 | $0 | $0 | $0 | -$23.19M | $0 |
| Other Current Liabilities | $0 | $1.73M | $1.73M | $2.59M | $219.79M | -$949K | $228.28M | -$27.05M | -$20M | -$17.71M | -$15.35M | -$6.88M | -$22.81M | $1.04M | -$3.53M |
| Total Current Liabilities | $3.03M | $7.21M | $7.21M | $8.62M | $6.06M | $5.9M | $3.5M | $26.41M | $16.29M | $16.12M | $13.81M | $7.9M | $21.38M | $22.15M | $0 |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $123.13M | $122.04M | $122.04M | $135.48M | $146.82M | $165.43M | $182.33M | $165.53M | $0 | $0 | $0 | $0 | $85.59M | $76.5M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $152.88M | $0 | $188.67M | $193.86M | $143.01M | $126.09M | $157.21M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | -$152.88M | $0 | -$6.34M | -$28.34M | -$143.01M | -$126.09M | -$157.21M | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.36M | $0 | $0 | $0 | $0 | $0 | -$182.33M | -$165.53M | $0 | $0 | $0 | $0 | -$85.59M | -$76.5M | $0 |
| Total Long-Term Liabilities | $124.49M | $122.04M | $122.04M | $135.48M | $146.82M | $165.43M | $182.33M | $165.53M | $143.01M | $126.09M | $157.21M | $165.84M | $108.54M | $99.69M | $3.73M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $2.84M | $1.93M | -$16.29M | -$16.12M | -$13.81M | -$7.9M | -$21.38M | -$22.15M | $0 |
| Total Liabilities | $127.51M | $129.25M | $129.25M | $144.11M | $152.88M | $171.33M | $188.67M | $193.86M | $143.01M | $126.09M | $157.21M | $165.84M | $108.54M | $99.69M | $3.73M |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $14K | $87.25M | $0 |
| Retained Earnings | -$141.82M | -$125.92M | -$125.92M | -$115.64M | -$110.1M | -$104.32M | -$92.67M | -$55.33M | $2.95M | -$2.34M | -$1.74M | -$413K | -$636K | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $171.52M | $169.95M | $162.75M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $203.13M | $203.51M | $203.51M | $203.33M | $203.59M | $200.66M | $200.78M | $198.4M | $168.56M | $172.27M | $164.47M | $197.35M | $200.84M | $0 | $18.14M |
| Total Equity | $61.33M | $77.6M | $77.6M | $87.7M | $93.51M | $96.36M | $108.12M | $143.08M | $171.52M | $169.95M | $162.75M | $196.95M | $200.22M | $87.25M | $18.14M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $162.04M | $139.23M | $109.54M | $68.16M | $94.51M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $188.84M | $206.85M | $206.85M | $231.81M | $246.39M | $267.68M | $296.79M | $336.95M | $314.53M | $296.03M | $319.96M | $362.79M | $308.76M | $186.94M | $21.87M |
| Supplementary Data | |||||||||||||||
| Total Debt | $123.13M | $122.04M | $122.04M | $135.48M | $146.82M | $165.43M | $182.33M | $165.53M | $117.87M | $101.42M | $130.97M | $150.85M | $85.59M | $76.5M | $0 |
| Net Debt | $118.55M | $121.27M | $121.27M | $134.39M | $144.27M | $159.58M | $167.46M | $145.82M | $112.25M | $90.78M | $112.53M | $129.31M | $60.89M | $76.5M | $0 |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Operating Activities | ||||||||||||||
| Net Income | -$8.85M | $12.08M | -$4.09M | $3.23M | $2.59M | -$2.31M | -$24.66M | -$14.54M | $15.63M | $23.58M | -$9.34M | $15.43M | $16.18M | $8M |
| Depreciation & Amortization | $0 | $695K | $0 | $764K | $692K | $2.87M | $28.46M | $782K | $695K | $932K | $1.44M | $1.19M | $461K | $461K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $1.98M | -$1.93M | $35K | $953K | $5.71M | -$3.32M | -$1.62M | $8.1M | -$10.38M | $270K | $1M | -$1.44M | -$446K | -$716K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $5.09M | $1.79M | -$235K | -$186K | -$20.92M | $6.64M | $2.29M | $3.53M | $4.23M | $0 | $0 | $0 |
| Other Working Capital | -$1.12M | $1K | -$169K | $388K | $288K | $135K | $737K | -$2.14M | $2.31M | -$243K | $372K | $6.98M | $57.83M | -$69.27M |
| Total Working Capital Change | $854K | -$793K | $4.96M | $3.14M | $5.76M | -$3.37M | -$21.8M | $12.6M | $14.13M | -$1M | -$8.99M | -$8.14M | $74.04M | -$69.97M |
| Other Non-Cash Items | $19.64M | $6.16M | $6.41M | $13.57M | $12.17M | $23.02M | $7.45M | -$12.8M | -$38.68M | $17.21M | $58.21M | -$56.61M | -$154.5M | -$98.1M |
| Net Cash from Operating | $11.65M | $18.14M | $7.28M | $20.71M | $21.21M | $20.21M | -$10.55M | -$13.96M | -$8.24M | $40.72M | $41.32M | -$48.12M | -$63.82M | -$159.61M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$62.52M | -$51.27M | -$144.75M | -$89.09M | -$127.93M | -$201.93M | -$172.24M | -$108.08M | -$63.05M | -$199.78M | -$276.34M | $0 |
| Sales of Investments | $0 | $0 | $92.3M | $61.93M | $153.88M | $108.18M | $131.72M | $165.48M | $137.05M | $148.3M | $95.13M | $138.92M | $125.13M | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $29.78M | $10.66M | $9.13M | $19.09M | $3.79M | -$36.45M | -$35.19M | $40.22M | $32.08M | -$60.86M | -$151.21M | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$400K | $28.9M | $29.91M | $12.1M | $18M | $16.73M | -$15.85M | -$47.7M | -$17.82M | $30.48M | $18.37M | -$65.26M | -$9.09M | -$76.5M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $3.14M | $0 | $2.31M | $0 | $0 | $0 | $0 | $0 | $111.55M | $0 |
| Common Stock Repurchases | -$39K | $0 | $0 | $0 | $0 | $0 | $0 | -$359K | -$390K | $0 | $0 | $0 | $0 | -$1.34M |
| Dividends Paid | -$9.12M | -$8.17M | $0 | -$8.04M | -$8.51M | -$9.87M | -$13.52M | -$13.55M | -$13.67M | -$17.77M | -$24.79M | -$18.57M | -$79.55M | -$1.34M |
| Other Financing Activities | $0 | $16.37M | $0 | $0 | $0 | $0 | -$88K | -$1.86M | -$556K | -$259K | $0 | -$1.73M | -$29.65M | $84.45M |
| Net Cash from Financing | -$8.76M | -$20.7M | -$41.1M | -$20.71M | -$24.66M | -$27.9M | $4.55M | $31.93M | $3.21M | -$48.51M | -$44.42M | $44.96M | $88.52M | $159.61M |
| Forex Effect | $0 | $0 | $0 | -$10.66M | -$9.13M | -$19.09M | -$3.79M | $36.45M | $35.19M | -$40.22M | -$32.08M | $60.86M | $151.21M | $0 |
| Net Change in Cash | $2.89M | -$4.04M | -$4.04M | -$4K | -$3.45M | -$7.69M | -$6M | $17.97M | -$5.03M | -$7.79M | -$3.1M | -$3.16M | $24.7M | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $11.65M | -$13.52M | $7.28M | $20.71M | $21.21M | $20.21M | -$10.55M | -$13.96M | -$8.24M | $40.72M | $41.32M | -$48.12M | -$63.82M | -$159.61M |
| Capital Expenditure | $0 | $0 | $0 | -$4 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $11.65M | -$13.52M | $7.28M | $20.71M | $21.21M | $20.21M | -$10.55M | -$13.96M | -$8.24M | $40.72M | $41.32M | -$48.12M | -$63.82M | -$159.61M |
| Cash at Beginning | $12.1M | $9.15M | $9.15M | $9.16M | $12.61M | $20.29M | $26.3M | $8.33M | $10.65M | $18.43M | $21.54M | $24.7M | $0 | $0 |
| Cash at End | $15M | $5.11M | $5.11M | $9.15M | $9.16M | $12.61M | $20.29M | $26.3M | $5.62M | $10.65M | $18.43M | $21.54M | $24.7M | $0 |