SWK Holdings Q4 net income $2.8M flat YoY; finance receivables up 16% to $288.4M

SWK Holdings Corp

Q4 GAAP net income $2.8M, flat YoY; full year 2023 net income $15.9M vs $13.5M in 2022.
Finance receivables segment adjusted net income $3.7M (-16% YoY); portfolio effective yield 14.0%.
Closed $55.1M in new financings; gross finance receivables $288.4M (+16% YoY).
Enteris subsidiary: $8.4M goodwill impairment; signed Exclusive Option to sell tangible assets for ~$6M.
Repurchased 14,233 shares in Q4; another 51,169 shares YTD through Mar 14, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SWK Holdings Corp reported the fourth quarter ended December 31, 2023 results: revenue $9.9 million, net income $2.8 million.

Period: the fourth quarter ended December 31, 2023
Revenue: $9.9 million
Net income: $2.8 million
Result: reported results

Exact text from the filing

and royalty products targeting innovative life science companies. Fourth Quarter 2023 Financial Results For the fourth quarter 2023, SWK reported total revenue of $9.9 million, a 0.9% increase compared to $9.8 million for the fourth quarter 2022. The increase in revenue for the three months ended December 31, 2023 consisted of a $0.6 million increase

View on SEC.gov

1362 earnings releases filed in the last 30 days. Browse all earnings releases →

SWK Holdings Corp filing history →

Source: SEC EDGAR

accession 0001552781-24-000165

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.