Horizon Tech Finance Pref Shares HTFB 4.875 03/30/26 | 8-K: FY2025 Q3 Revenue: USD 26.32 M

LB filings
2025.10.28 20:36
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Revenue: As of FY2025 Q3, the actual value is USD 26.32 M.

EPS: As of FY2025 Q3, the actual value is USD 0.68.

EBIT: As of FY2025 Q3, the actual value is USD -2.027 M.

Financial Metrics by Segment

Net Investment Income

  • Net investment income (NII) for Q3 2025: $14.0 million, or $0.32 per basic share, compared to $11.8 million, or $0.32 per basic share for Q3 2024.

Total Investment Portfolio

  • Total investment portfolio as of September 30, 2025: $603.5 million.

Net Asset Value

  • Net asset value (NAV) as of September 30, 2025: $315.7 million, or $7.12 per share.

Portfolio Yield

  • Annualized portfolio yield on debt investments for Q3 2025: 18.6%.

Loans and Investments

  • Funded three loans totaling $15.0 million.
  • Purchased remaining assets of a co-lender for $22.5 million, with a fair value of $36.5 million.

Capital Raising

  • Raised total net proceeds of approximately $10.6 million through the ATM offering program.

Liquidity

  • Cash as of September 30, 2025: $130.9 million.
  • Credit facility capacity as of September 30, 2025: $329.0 million.

Undistributed Spillover Income

  • Undistributed spillover income as of September 30, 2025: $0.93 per share.

Net Realized and Unrealized Gains/Losses

  • Net realized loss on investments for Q3 2025: - $22.5 million, or - $0.52 per basic share.
  • Net unrealized appreciation on investments for Q3 2025: $40.5 million, or $0.94 per basic share.

Operating Results

  • Total investment income for Q3 2025: $26.3 million, compared to $24.6 million for Q3 2024.
  • Total expenses for Q3 2025: $12.0 million, compared to $12.4 million for Q3 2024.

Cash Flow

  • Cash of $130.9 million and credit facility capacity of $329.0 million as of September 30, 2025.

Outlook / Guidance

  • Declared regular monthly distributions totaling $0.33 per share through March 2026.
  • HRZN entered into an agreement for Monroe Capital Corporation to merge with and into HRZN, subject to shareholder approvals and other conditions.
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