earnings
confidence high
sentiment positive
materiality 0.70
SWK Holdings Q1 2025 GAAP net income $4.5M, up from $0.5M; $4.00 special dividend paid
SWK Holdings Corp
2025-Q1 EPS
reported $0.37
vs consensus $0.30
▲ beat
(+25.1%)
- Q1 2025 GAAP net income $4.5M ($0.37/diluted share) vs $0.5M ($0.04) in Q1 2024.
- Revenue $11.8M, up 3.5% YoY; finance receivables segment adjusted non-GAAP net income $8.6M (vs $2.3M).
- GAAP book value per share $23.94, up 6.8% YoY; non-GAAP tangible financing book value per share $21.73, up 10.5%.
- After quarter end, sold majority of royalty portfolio for ~$34M and paid $4.00 per share special dividend.
- Effective yield on finance receivables 14.5% (up 30 bps); net finance receivables $223.1M, down 14.5% YoY.