earnings
confidence high
sentiment positive
materiality 0.85
Horizon Tech Finance Q1 NII $0.19/sh; completes MRCC merger, declares $0.27/sh total distributions
Horizon Technology Finance Corp
2026-Q1 EPS reported
$0.06
- Q1 2026 NII $0.19 per share (down from $0.27); NAV $6.98 per share; debt portfolio yield 15.2%.
- Completed merger with Monroe Capital Corporation in April; received $141.1M in cash and issued 20.37M shares.
- Total investment portfolio $695.7M; funded $120M in new loans; liquidity $105.3M including cash.
- Declared regular $0.06/sh and special $0.03/sh monthly distributions for July-Sep 2026 (total $0.27/sh).
- Undistributed spillover income $0.52/sh as of March 31; stock repurchase program extended through June 2027.
item 2.02item 9.01