earnings
confidence high
sentiment positive
materiality 0.78
SWK Holdings Q2 GAAP net income $3.5M; sells royalty portfolio, pays $4/share special dividend
SWK Holdings Corp
2025-Q2 EPS reported
$0.66
revenue$21,884,000
- GAAP net income $3.5M ($0.29/diluted share) vs $3.7M ($0.30) YoY; revenue $10.1M, -6.5%.
- Finance receivables segment adjusted non-GAAP net income $4.6M, up from $2.6M in Q2 2024.
- Sold majority of royalty portfolio for $34M; paid $49.1M ($4.00/share) special dividend.
- After quarter close, sold MOD3 assets at slight premium to book value, simplifying the business.
- Net finance receivables $237.6M (-10.4% YoY); effective yield 14.1%; GAAP book value $20.23/share.