SWK Holdings Reports Q3 2024 Net Income of $3.5 Million, Revenue Up 15.6%

SWK Holdings Corp

2024-Q3 EPS reported $0.61 revenue$32,625,000

Q3 2024 GAAP net income was $3.5 million, compared to $4.5 million in Q3 2023.
Total revenue increased 15.6% to $10.4 million, driven by finance receivables segment.
Net finance receivables grew 14.4% to $255.9 million as of September 30, 2024.
Closed $11.0 million royalty financing with Relief Therapeutics and $25.7 million amendment with Eton Pharmaceuticals.
GAAP book value per share rose 3.7% to $22.94; repurchased ~340,000 shares YTD for $5.8 million.

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