Our principal investment strategy is to invest in business-essential, revenue-producing (or cost-saving) equipment and other physical assets with high in-place value and long, relative to the investment term, economic life and project financings. We expect to achieve our investment strategy by making investments in equipment already subject to lease or originating equipment leases in such equipment, which will include: (i) purchasing equipment and leasing it to third-party end-users; (ii) providing equipment and other asset financing; (iii) acquiring equipment subject to lease and (iv) acquiring ownership rights (residual value interests) in leased equipment at lease expiration. From time to time, we may also purchase equipment and sell it directly to our leasing customers.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SQN Asset Income Fund V, L.P.
SEC CIK
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Departure of Directors or Certain Officers
27 Mar 24
8-K
Changes in Registrant's Certifying Accountant
12 Feb 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
10-Q
2023 Q1
Quarterly report
15 May 23
10-K
2022 FY
Annual report
31 Mar 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.80 mm | 1.80 mm | 1.80 mm | 1.80 mm | 1.80 mm | 1.80 mm |
Cash burn (monthly) | 92.03 k | (no burn) | 104.23 k | 208.40 k | (no burn) | (no burn) |
Cash used (since last report) | 635.53 k | n/a | 719.74 k | 1.44 mm | n/a | n/a |
Cash remaining | 1.17 mm | n/a | 1.08 mm | 363.20 k | n/a | n/a |
Runway (months of cash) | 12.7 | n/a | 10.4 | 1.7 | n/a | n/a |