Horizon Q4 NII $0.40/share; portfolio hits record $720M, up 57% YoY

Horizon Technology Finance Corp

2024-FY EPS reported $0.86

Q4 NII $10.7M ($0.40/share) vs $8.1M ($0.39) year ago; full-year NII $36.2M ($1.46/share) vs $28.2M ($1.41).
Debt portfolio yield Q4 14.5% (vs 16.2% prior year); full-year 14.4% (vs 15.7%).
NAV per share $11.47 at Dec 31, down from $11.56 year ago; undistributed spillover income $0.68/share.
Funded 10 loans for $103.9M in Q4; total portfolio $720M, up 57% YoY.
Board declared $0.11/share monthly distributions for April/May/June 2023, totaling $0.33.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Horizon Technology Finance Corp reported the year ended December 31, 2022 results: revenue $79.2 million, net income $36.2 million, EPS $1.46 per share.

Period: the year ended December 31, 2022
Revenue: $79.2 million
Net income: $36.2 million
EPS: $1.46 per share
Result: reported results

Exact text from the filing

Total investment income for the year ended December 31, 2022 was $79.2 million, an increase of 32.0% compared to $60.0 million for the year ended December 31, 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Horizon Technology Finance Corp reported the fourth quarter ended December 31, 2022 results: revenue $23.1 million, net income $10.7 million, EPS $0.40 per share.

Period: the fourth quarter ended December 31, 2022
Revenue: $23.1 million
Net income: $10.7 million
EPS: $0.40 per share
Result: reported results

Exact text from the filing

Total investment income for the quarter ended December 31, 2022 grew 36.6% to $23.1 million, compared to $16.9 million for the quarter ended December 31, 2021, primarily due to growth in interest income on investments resulting from an increase in the average size of the debt investment portfolio and an increase in the base rate for most of the Company’s variable rate debt investments.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Horizon Technology Finance Corp filing history →

Source: SEC EDGAR

accession 0001437749-23-004915

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.