earnings
confidence high
sentiment neutral
materiality 0.75
Horizon Tech Q3 NII $0.32/sh, NAV $7.12; merger with MRCC announced
Horizon Technology Finance Corp
2025-Q3 EPS reported
-$0.28
- Q3 2025 NII of $14.0M ($0.32/sh), flat YoY; total investment income $26.3M vs $24.6M.
- Debt portfolio yield 18.6% (up from 15.9% YoY); total portfolio $603.5M at Sept 30.
- Merger with Monroe Capital (MRCC) announced; subject to shareholder approvals.
- Issued $40M 5.50% convertible notes due 2030; net proceeds ~$36.6M.
- Declared monthly distributions of $0.11/sh (total $0.33) for Jan-Mar 2026; spillover $0.93/sh.
item 2.02item 9.01