For the quarter ending 2025-09-30, HRZN made $81,377,000 in revenue. $30,722,000 in net income. Net profit margin of 37.75%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest income-Investment Affiliated Issuer Controlled | - | 20,000 | ||
| Interest income-Investment Unaffiliated Issuer | 23,803,000 | 22,588,000 | ||
| Fee income-Investment Unaffiliated Issuer | 2,028,000 | 200,000 | ||
| Interest income-Investment Affiliated Issuer Noncontrolled | 462,000 | 0 | ||
| Prepayment fee income-Investment Unaffiliated Issuer | - | 1,712,000 | ||
| Interest income (reversal)-Investment Affiliated Issuer Controlled | 25,000 | 20,000 | ||
| Total investment income | 26,318,000 | 24,520,000 | ||
| Interest expense | 7,897,000 | 8,201,000 | ||
| Base management fee (note 3) | 2,748,000 | 2,959,000 | ||
| Performance based incentive fee (note 3) | 0 | 0 | ||
| Administrative fee (note 3) | 377,000 | 420,000 | ||
| Professional fees | 493,000 | 505,000 | ||
| General and administrative | 437,000 | 613,000 | ||
| Total expenses | 11,952,000 | 12,698,000 | ||
| Net investment income before excise tax | 14,366,000 | 11,822,000 | ||
| Provision for excise tax | 373,000 | 373,000 | ||
| Net investment income | 13,993,000 | 11,449,000 | ||
| Investment Unaffiliated Issuer | 2,590,000 | -9,294,000 | ||
| Investment Affiliated Issuer Noncontrolled | 0 | 0 | ||
| Investment Affiliated Issuer Controlled | -25,117,000 | 0 | ||
| Net realized gain (loss) on investments | -22,527,000 | -9,294,000 | ||
| Net realized loss on extinguishment of debt | -1,261,000 | -776,000 | ||
| Net realized loss | -23,788,000 | -10,070,000 | ||
| Investment Unaffiliated Issuer | 25,659,000 | -14,887,000 | ||
| Investment Affiliated Issuer Noncontrolled | 1,812,000 | -1,600,000 | ||
| Investment Affiliated Issuer Controlled | 13,046,000 | -5,669,000 | ||
| Net unrealized appreciation (depreciation) on investments | 40,517,000 | -22,156,000 | ||
| Net realized and unrealized gain (loss) | 16,729,000 | -32,226,000 | ||
| Net increase (decrease) in net assets resulting from operations | 30,722,000 | -20,777,000 | ||
| Loss per common share - diluted (in dollars per share) | 0.68 | -0.5 | ||
| Us-gaap_earningspersharebasic | 0.71 | -0.5 | ||
| Us-gaap_weightedaveragenumberofsharesoutstandingbasic | 43,101,307 | 41,221,283 | ||
| Weighted average shares outstanding - diluted (in shares) | 45,838,142 | 41,221,283 | ||
Horizon Technology Finance Corp (HRZN)
Horizon Technology Finance Corp (HRZN)