earnings
confidence high
sentiment negative
materiality 0.85
HRZN Q2 NII $0.28/share, NAV $6.75; announces merger with MRCC
Horizon Technology Finance Corp
2025-Q2 EPS reported
-$1.04
- Net investment income $11.4M ($0.28/share) vs $12.9M ($0.36/share) in Q2 2024, down 11%.
- NAV per share fell to $6.75 from $9.12 a year ago; net decrease in net assets $20.8M.
- Debt portfolio yield 15.8%; total portfolio $622.7M, committed backlog $149M.
- Entered merger agreement for MRCC to merge into HRZN, subject to shareholder approvals.
- Board boosted stock repurchase authorization to $10M; declared $0.33/share in monthly distributions.
item 2.02item 9.01