PhenixFIN reports fiscal Q4 NAV $79.37 (+12% YoY); acquires 80% of National Security Group

PhenixFIN Corp

NAV per share $79.37 as of Sep 30, 2024, up 12% from $70.75 a year ago.
Q4 total investment income $5.6M; net investment income $0.5M; net unrealized gain $4.6M.
Completed acquisition of ~80% equity of The National Security Group, Inc. (insurance holding company) on Oct 1, 2024.
Fiscal 2025 product revenue guidance $8M-$10M; product gross margin guidance 47-51%.

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