Horizon Technology Finance Q1 FY26 net investment income drops to $9 million; revenue slips to $24.1 million

PUBT · 3d ago
Horizon Technology Finance Q1 FY26 net investment income drops to $9 million; revenue slips to $24.1 million
- Horizon Technology Finance posted net investment income of USD 9 million, or USD 0.19 per share, down from USD 10.7 million, or USD 0.27 per share, a year earlier.
- Total investment income edged down to USD 24.1 million from USD 24.5 million, while total expenses climbed to USD 14.8 million from USD 13.4 million.
- Net increase in net assets from operations swung to USD 2.8 million, or USD 0.06 per share, from a net decrease of USD 21.4 million, or USD 0.53 per share, a year earlier.
- Investment portfolio stood at USD 695.7 million, with net asset value of USD 333.9 million, or USD 6.98 per share; annualized portfolio yield on debt investments was 15.2%.
- In April, Horizon closed its merger with Monroe Capital Corporation, receiving about USD 141.1 million in cash and issuing 20,370,645 shares; CEO Mike Balkin said the deal strengthens the balance sheet and should support portfolio and pipeline growth.
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