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Horizon Technology Finance (HRZN) Financials

Horizon Technology Finance logo
$7.51 +0.01 (+0.13%)
Closing price 05/29/2025 04:00 PM Eastern
Extended Trading
$7.50 0.00 (-0.07%)
As of 05/29/2025 07:40 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Horizon Technology Finance

Annual Income Statements for Horizon Technology Finance

This table shows Horizon Technology Finance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Income / (Loss) Attributable to Common Shareholders		 -5.63 -17 21 28 6.36
Consolidated Net Income / (Loss)		 -5.63 -17 21 28 6.36
Net Income / (Loss) Continuing Operations		 -5.63 -17 21 28 6.36
Total Pre-Tax Income 		-5.63 -17 21 28 6.36
Total Revenue		 14 5.87 45 48 22
Net Interest Income / (Expense)		 68 85 60 44 33
Total Interest Income		 100 113 79 56 42
Loans and Leases Interest Income		 2.95 3.35 1.83 1.49 -
Investment Securities Interest Income		 97 110 77 54 42
Total Interest Expense		 32 29 19 12 9.67
Long-Term Debt Interest Expense		 32 29 19 12 9.67
Total Non-Interest Income		 -53 -79 -15 3.67 3.73
Net Realized & Unrealized Capital Gains on Investments		 -53 -79 -15 -0.44 -14
Total Non-Interest Expense		 20 23 24 19 16
Insurance Policy Acquisition Costs		 0.30 3.09 7.75 7.06 -
Other Operating Expenses		 20 20 16 12 10
Weighted Average Basic Shares Outstanding		 36.10M 30.96M 24.73M 20.03M 17.53M
Weighted Average Diluted Shares Outstanding		 36.10M 30.96M 24.73M - -
Weighted Average Basic & Diluted Shares Outstanding		 36.10M 30.96M 24.73M - -
Cash Dividends to Common per Share		 $1.37 $1.37 $1.28 $1.25 $1.25

Quarterly Income Statements for Horizon Technology Finance

This table shows Horizon Technology Finance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 -21 -12 7.28 -9.13 8.65 -11 -12 0.15 5.31 -1.81 5.99
Consolidated Net Income / (Loss)		 -21 -12 7.28 -9.13 8.65 -11 -12 0.15 5.31 4.02 5.99
Net Income / (Loss) Continuing Operations		 -21 -12 7.28 -9.13 8.65 -11 -12 0.15 5.31 -1.81 5.99
Total Pre-Tax Income 		-21 -12 7.28 -8.78 9.03 -11 -12 0.33 5.49 -1.81 6.09
Total Revenue		 -16 -7.52 12 -4.31 14 -5.06 -7.30 5.02 13 4.38 13
Net Interest Income / (Expense)		 16 15 17 18 18 21 22 21 21 17 18
Total Interest Income		 25 24 25 26 26 28 29 28 28 23 23
Loans and Leases Interest Income		 1.06 0.29 1.38 1.01 0.27 1.09 0.12 1.49 0.64 - 0.51
Investment Securities Interest Income		 24 23 23 25 26 27 29 27 27 23 23
Total Interest Expense		 8.68 8.21 7.95 7.94 8.16 7.57 7.11 7.18 7.12 6.21 5.34
Long-Term Debt Interest Expense		 8.68 8.21 7.95 7.94 8.16 7.57 7.11 7.18 7.12 6.21 5.34
Total Non-Interest Income		 -32 -23 -4.56 -22 -3.95 -26 -29 -16 -7.71 -13 -5.14
Net Realized & Unrealized Capital Gains on Investments		 -32 -23 -4.56 -22 -3.95 -26 -29 -16 -7.71 -13 -5.14
Total Non-Interest Expense		 4.74 4.91 4.78 4.47 4.98 5.61 4.68 4.69 7.72 6.19 6.68
Insurance Policy Acquisition Costs		 0.00 - 0.00 0.00 0.30 -0.00 0.00 0.12 2.98 - 2.78
Other Operating Expenses		 4.74 4.91 4.78 4.47 4.69 5.61 4.68 4.57 4.74 4.80 3.90
Income Tax Expense		 0.38 - - 0.36 0.38 - - 0.18 0.18 - 0.10
Weighted Average Basic Shares Outstanding		 40.22M 36.10M 36.57M 35.43M 33.58M 30.96M 32.45M 29.75M 28.23M 24.73M 25.74M
Weighted Average Diluted Shares Outstanding		 40.22M 36.10M 38.06M 36.06M 35.02M 30.96M 33.33M - 28.66M 24.73M 52.80M
Weighted Average Basic & Diluted Shares Outstanding		 40.22M 36.10M 38.06M 36.06M 35.02M 30.96M 33.33M - 28.66M 24.73M 52.80M
Cash Dividends to Common per Share		 $0.33 $0.33 $0.33 $0.33 $0.38 $0.38 $0.33 $0.33 $0.33 $0.38 $0.30

Annual Cash Flow Statements for Horizon Technology Finance

This table details how cash moves in and out of Horizon Technology Finance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Change in Cash & Equivalents		 25 45 -17 -0.48 30
Net Cash From Operating Activities		 3.94 -5.26 -246 -76 -25
Net Cash From Continuing Operating Activities		 3.94 -5.26 -246 -76 -25
Net Income / (Loss) Continuing Operations		 -5.63 -17 21 28 6.36
Consolidated Net Income / (Loss)		 -5.63 -17 21 28 6.36
Depreciation Expense		 19 49 5.55 -3.21 -0.31
Amortization Expense		 1.78 1.85 1.60 1.09 1.02
Non-Cash Adjustments to Reconcile Net Income		 -4.69 -34 -267 -100 -30
Changes in Operating Assets and Liabilities, net		 -6.31 -4.62 -7.93 -1.82 -1.94
Net Cash From Investing Activities		 0.00 0.00 0.00 0.00 0.00
Net Cash From Continuing Investing Activities		 0.00 0.00 0.00 0.00 0.00
Net Cash From Financing Activities		 21 51 229 76 56
Net Cash From Continuing Financing Activities		 21 51 229 76 56
Issuance of Debt		 95 104 357 185 80
Issuance of Common Equity		 66 65 85 30 45
Repayment of Debt		 -89 -78 -177 -112 -47
Payment of Dividends		 -46 -41 -30 -25 -21
Other Financing Activities, Net		 -4.85 -0.74 -4.36 -2.65 -0.89
Cash Interest Paid		 30 27 17 11 8.59

Quarterly Cash Flow Statements for Horizon Technology Finance

This table details how cash moves in and out of Horizon Technology Finance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -23 14 -30 46 -4.39 26 -3.05 6.64 16 -2.72 -45
Net Cash From Operating Activities		 -13 -26 -28 54 4.04 11 -24 -5.48 13 -85 -50
Net Cash From Continuing Operating Activities		 -13 -26 -28 54 4.04 11 -24 -5.48 13 -85 -50
Net Income / (Loss) Continuing Operations		 -21 -12 7.28 -9.13 8.65 -11 -12 0.15 5.31 4.02 5.99
Consolidated Net Income / (Loss)		 -21 -12 7.28 -9.13 8.65 -11 -12 0.15 5.31 4.02 5.99
Depreciation Expense		 32 20 -29 25 3.96 24 18 -0.61 7.54 6.72 -3.44
Amortization Expense		 0.65 0.51 0.46 0.42 0.39 0.42 0.48 0.47 0.48 0.46 0.44
Non-Cash Adjustments to Reconcile Net Income		 -23 -33 -7.85 41 -5.03 -3.13 -31 1.67 -1.77 -92 -53
Changes in Operating Assets and Liabilities, net		 -1.32 -0.83 1.19 -2.73 -3.94 0.27 1.10 -7.17 1.18 -4.71 -0.28
Net Cash From Investing Activities		 0.00 - - - 0.00 - - - 0.00 - -
Net Cash From Continuing Investing Activities		 0.00 - - - 0.00 - - - 0.00 - -
Net Cash From Financing Activities		 -10 40 -1.97 -8.75 -8.43 14 21 12 3.33 83 5.41
Net Cash From Continuing Financing Activities		 -10 40 -1.97 -8.75 -8.43 14 21 12 3.33 83 5.41
Issuance of Debt		 15 45 - 50 0.00 45 29 20 10 180 7.50
Issuance of Common Equity		 3.60 19 18 17 12 0.06 14 44 7.17 17 19
Repayment of Debt		 -16 -9.89 -9.03 -60 -10 -19 -12 -42 -4.78 -103 -13
Payment of Dividends		 -13 -12 -11 -13 -10 -12 -10 -9.19 -9.04 -9.10 -7.45
Other Financing Activities, Net		 -0.01 -1.52 0.00 -3.33 -0.01 -0.00 -0.00 -0.71 -0.02 -1.89 -0.30
Cash Interest Paid		 7.96 7.67 7.53 7.67 7.57 6.92 6.55 6.79 6.62 5.49 5.01

Annual Balance Sheets for Horizon Technology Finance

This table presents Horizon Technology Finance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023
Period end date 12/31/2024 12/31/2023
Total Assets		 822 802
Cash and Due from Banks		 70 47
Loans and Leases, Net of Allowance		 0.00 0.00
Other Assets		 752 756
Total Liabilities & Shareholders' Equity		 822 802
Total Liabilities		 486 478
Long-Term Debt		 468 462
Other Long-Term Liabilities		 18 16
Commitments & Contingencies		 0.00 0.00
Total Equity & Noncontrolling Interests		 336 324
Total Preferred & Common Equity		 336 324
Preferred Stock		 0.00 0.00
Total Common Equity		 336 324
Common Stock		 518 451
Retained Earnings		 -182 -127

Quarterly Balance Sheets for Horizon Technology Finance

No quarterly balance sheets for Horizon Technology Finance are available.

Annual Metrics And Ratios for Horizon Technology Finance

This table displays calculated financial ratios and metrics derived from Horizon Technology Finance's official financial filings.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Growth Metrics		 - - - - -
Revenue Growth		 142.60% -86.94% -26.14% 116.33% 0.00%
EBITDA Growth		 -55.35% 18.16% -48.48% 268.78% 0.00%
EBIT Growth		 67.22% -181.25% -62.93% 342.85% 0.00%
NOPAT Growth		 67.22% -156.87% -62.93% 336.55% 0.00%
Net Income Growth		 67.22% -181.25% -62.93% 336.55% 0.00%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 174.90% 97.87% -224.08% -200.58% 0.00%
Free Cash Flow Firm Growth		 97.27% -3,874.03% -62.93% 0.00% 0.00%
Invested Capital Growth		 2.27% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 -75.12% -84.12% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 -81.50% -50.14% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 -110.14% -150.51% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 -107.10% -135.36% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 -110.14% -143.12% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 -90.47% 94.84% -50.93% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 -139.26% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - -
EBITDA Margin		 104.86% 569.70% 62.97% 54.83% 32.17%
EBIT Margin		 -39.55% -292.71% 47.05% 59.28% 28.96%
Profit (Net Income) Margin		 -39.55% -292.71% 47.05% 58.44% 28.96%
Tax Burden Percent		 100.00% 100.00% 100.00% 98.58% 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 1.42% 0.00%
Return on Invested Capital (ROIC)		 -0.50% -3.06% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.86% -5.29% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -1.21% -7.55% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -1.71% -10.61% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 -2.74% -203.06% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -0.69% -2.14% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 -0.69% -2.14% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 -1.71% -10.61% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 -1.68% -5.30% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -3.94 -12 21 28 6.36
NOPAT Margin		 -27.68% -204.90% 47.05% 58.44% 28.96%
Net Nonoperating Expense Percent (NNEP)		 0.36% 2.23% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 23.60%
Operating Expenses to Revenue		 139.55% 392.71% 52.95% 40.72% 71.04%
Earnings before Interest and Taxes (EBIT)		 -5.63 -17 21 28 6.36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 15 33 28 26 7.07
Valuation Ratios		 - - - - -
Price to Book Value (P/BV)		 0.99 1.17 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.99 1.17 0.00 0.00 0.00
Price to Revenue (P/Rev)		 23.47 64.65 5.27 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 11.19 0.00 0.00
Dividend Yield		 14.34% 11.59% 13.49% 10.87% 14.10%
Earnings Yield		 0.00% 0.00% 8.93% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.91 1.01 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 51.39 135.44 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 49.01 23.77 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 185.92 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - -
Debt to Equity		 1.39 1.43 0.00 0.00 0.00
Long-Term Debt to Equity		 1.39 1.43 0.00 0.00 0.00
Financial Leverage		 1.41 1.43 0.00 0.00 0.00
Leverage Ratio		 2.46 2.48 0.00 0.00 0.00
Compound Leverage Factor		 2.46 2.48 0.00 0.00 0.00
Debt to Total Capital		 58.19% 58.79% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 58.19% 58.79% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 41.81% 41.21% 0.00% 0.00% 0.00%
Debt to EBITDA		 31.33 13.82 0.00 0.00 0.00
Net Debt to EBITDA		 26.62 12.43 0.00 0.00 0.00
Long-Term Debt to EBITDA		 31.33 13.82 0.00 0.00 0.00
Debt to NOPAT		 -118.66 -38.43 0.00 0.00 0.00
Net Debt to NOPAT		 -100.84 -34.55 0.00 0.00 0.00
Long-Term Debt to NOPAT		 -118.66 -38.43 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - -
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 -22 -798 21 28 0.00
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -0.68 -27.55 1.10 2.31 0.00
Operating Cash Flow to Interest Expense		 0.12 -0.18 -12.83 -6.31 -2.61
Operating Cash Flow Less CapEx to Interest Expense		 0.12 -0.18 -12.83 -6.31 -2.61
Efficiency Ratios		 - - - - -
Asset Turnover		 0.02 0.01 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - -
Invested Capital		 804 786 0.00 0.00 0.00
Invested Capital Turnover		 0.02 0.01 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 18 786 0.00 0.00 0.00
Enterprise Value (EV)		 732 795 0.00 0.00 0.00
Market Capitalization		 334 380 237 0.00 0.00
Book Value per Share		 $8.83 $9.72 $0.00 $0.00 $0.00
Tangible Book Value per Share		 $8.83 $9.72 $0.00 $0.00 $0.00
Total Capital		 804 786 0.00 0.00 0.00
Total Debt		 468 462 0.00 0.00 0.00
Total Long-Term Debt		 468 462 0.00 0.00 0.00
Net Debt		 398 416 0.00 0.00 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 1.69 5.16 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 468 462 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 21 51 7.16 -2.11 0.71
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $0.00 $1.98 $1.46 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 36.10M 30.96M 24.73M 0.00 0.00
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 36.10M 33.40M 28.32M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 36.10M 33.40M 28.32M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -3.94 -12 15 28 4.45
Normalized NOPAT Margin		 -27.68% -204.90% 32.94% 58.44% 20.27%
Pre Tax Income Margin		 -39.55% -292.71% 47.05% 59.28% 28.96%
Debt Service Ratios		 - - - - -
EBIT to Interest Expense		 -0.17 -0.59 1.10 2.34 0.66
NOPAT to Interest Expense		 -0.12 -0.42 1.10 2.31 0.66
EBIT Less CapEx to Interest Expense		 -0.17 -0.59 1.10 2.34 0.66
NOPAT Less CapEx to Interest Expense		 -0.12 -0.42 1.10 2.31 0.66
Payout Ratios		 - - - - -
Dividend Payout Ratio		 -823.18% -235.80% 141.11% 88.37% 334.95%
Augmented Payout Ratio		 -823.18% -235.80% 141.11% 88.37% 334.95%

Quarterly Metrics And Ratios for Horizon Technology Finance

This table displays calculated financial ratios and metrics derived from Horizon Technology Finance's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -214.61% -48.82% 265.12% -185.89% 0.00% -215.38% -157.18% 0.00% 54.11% 0.00% -28.95%
EBITDA Growth		 -10.12% -45.14% -458.67% 8,185.13% 0.48% 162.20% 95.01% -97.57% 272.86% 0.00% -75.81%
EBIT Growth		 -330.45% -16.58% 160.75% -2,751.36% 70.22% -489.12% -296.62% -95.65% 51.57% 0.00% -52.28%
NOPAT Growth		 -268.39% -16.58% 186.79% -4,141.58% 63.08% -489.12% -239.93% -98.00% 50.65% 0.00% -53.06%
Net Income Growth		 -344.93% -16.58% 160.75% -6,108.55% 0.00% -365.31% -299.90% 0.00% 50.65% 0.00% -53.06%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 -426.28% -332.86% -19.10% 1,089.95% 0.00% 113.14% 52.66% 90.10% 122.99% -3,588.34% 0.00%
Free Cash Flow Firm Growth		 -268.39% 96.65% 186.79% -4,141.58% 63.08% 0.00% -239.93% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 0.00% 2.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 -113.36% -162.38% 379.86% 0.00% 377.27% 30.78% -245.57% -62.03% 201.58% -65.70% 0.00%
EBITDA Q/Q Growth		 55.52% 135.78% -233.69% 24.22% -4.99% 133.94% 2,988.21% -98.54% 151.35% 79.82% -61.51%
EBIT Q/Q Growth		 -67.24% -270.80% 182.93% -201.42% 184.70% 10.99% -3,719.34% -93.76% 403.31% -130.20% -20.01%
NOPAT Q/Q Growth		 -67.24% -219.56% 218.47% -171.00% 215.93% 10.99% -5,617.11% -97.14% 518.78% -121.14% -21.32%
Net Income Q/Q Growth		 -70.28% -270.80% 179.69% 0.00% 181.15% 10.99% -7,981.58% -97.14% 32.02% -32.94% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 49.55% 7.51% -152.05% 0.00% -64.00% 147.31% -332.64% -143.08% 114.90% -70.44% 0.00%
Free Cash Flow Firm Q/Q Growth		 45.24% -465.11% 218.47% -171.00% 101.09% -9,364.35% -5,617.11% -97.14% 0.00% -100.00% 0.00%
Invested Capital Q/Q Growth		 -100.00% 0.00% 0.00% 0.00% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 0.00% 0.00% -179.11% 0.00% 95.50% 0.00% 0.00% 3.89% 102.22% 122.64% 24.18%
EBIT Margin		 0.00% 0.00% 60.35% 0.00% 64.44% 0.00% 0.00% 6.60% 41.55% -41.31% 47.71%
Profit (Net Income) Margin		 0.00% 0.00% 60.35% 0.00% 61.74% 0.00% 0.00% 3.03% 40.16% 91.74% 46.92%
Tax Burden Percent		 101.82% 100.00% 100.00% 104.07% 95.80% 100.00% 100.00% 45.92% 96.65% -222.04% 98.36%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 4.20% 0.00% 0.00% 54.08% 3.35% 0.00% 1.64%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% -2.74% 0.00% 0.00% 0.00% -203.06% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -15 -8.70 7.28 -6.14 8.65 -7.46 -8.39 0.15 5.31 -1.27 5.99
NOPAT Margin		 0.00% 0.00% 60.35% 0.00% 61.74% 0.00% 0.00% 3.03% 40.16% -28.92% 46.92%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.80% 0.00% 0.00% 0.00% 1.38% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 39.65% 0.00% 35.56% 0.00% 0.00% 93.40% 58.45% 141.31% 52.29%
Earnings before Interest and Taxes (EBIT)		 -21 -12 7.28 -8.78 9.03 -11 -12 0.33 5.49 -1.81 6.09
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 12 7.73 -22 16 13 14 6.02 0.20 14 5.37 3.09
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.99 0.00 0.00 0.00 1.17 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.99 0.00 0.00 0.00 1.17 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 23.47 21.44 0.00 0.00 64.65 14.95 0.00 5.06 5.27 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.94 11.19 0.00
Dividend Yield		 14.20% 14.34% 12.68% 11.55% 12.58% 11.59% 13.20% 13.03% 14.00% 13.49% 16.16%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.14% 8.93% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.91 0.00 0.00 0.00 1.01 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 51.39 0.00 0.00 0.00 135.44 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 49.01 0.00 0.00 0.00 23.77 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 185.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 1.39 0.00 0.00 0.00 1.43 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 1.39 0.00 0.00 0.00 1.43 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 1.41 0.00 0.00 0.00 1.43 0.00 0.00 0.00 0.00 0.00
Leverage Ratio		 0.00 2.46 0.00 0.00 0.00 2.48 0.00 0.00 0.00 0.00 0.00
Compound Leverage Factor		 0.00 2.46 0.00 0.00 0.00 2.48 0.00 0.00 0.00 0.00 0.00
Debt to Total Capital		 0.00% 58.19% 0.00% 0.00% 0.00% 58.79% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 58.19% 0.00% 0.00% 0.00% 58.79% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 41.81% 0.00% 0.00% 0.00% 41.21% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt to EBITDA		 0.00 31.33 0.00 0.00 0.00 13.82 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 26.62 0.00 0.00 0.00 12.43 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 31.33 0.00 0.00 0.00 13.82 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 -118.66 0.00 0.00 0.00 -38.43 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 -100.84 0.00 0.00 0.00 -34.55 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 -118.66 0.00 0.00 0.00 -38.43 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -15 -27 7.28 -6.14 8.65 -794 -8.39 0.15 5.31 0.00 5.99
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -1.68 -3.24 0.92 -0.77 1.06 -104.91 -1.18 0.02 0.75 0.00 1.12
Operating Cash Flow to Interest Expense		 -1.52 -3.18 -3.56 6.84 0.50 1.48 -3.34 -0.76 1.79 -13.75 -9.39
Operating Cash Flow Less CapEx to Interest Expense		 -1.52 -3.18 -3.56 6.84 0.50 1.48 -3.34 -0.76 1.79 -13.75 -9.39
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 804 0.00 0.00 0.00 786 0.00 0.00 0.00 0.00 0.00
Invested Capital Turnover		 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 0.00 18 0.00 0.00 0.00 786 0.00 0.00 0.00 0.00 0.00
Enterprise Value (EV)		 0.00 732 0.00 0.00 0.00 795 0.00 0.00 0.00 0.00 0.00
Market Capitalization		 375 334 358 0.00 335 380 316 276 251 237 0.00
Book Value per Share		 $0.00 $8.83 $0.00 $0.00 $0.00 $9.72 $0.00 $0.00 $0.00 $0.00 $0.00
Tangible Book Value per Share		 $0.00 $8.83 $0.00 $0.00 $0.00 $9.72 $0.00 $0.00 $0.00 $0.00 $0.00
Total Capital		 0.00 804 0.00 0.00 0.00 786 0.00 0.00 0.00 0.00 0.00
Total Debt		 0.00 468 0.00 0.00 0.00 462 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 468 0.00 0.00 0.00 462 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 398 0.00 0.00 0.00 416 0.00 0.00 0.00 0.00 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 6.61 3.73 0.00 2.99 0.00 3.20 3.59 0.00 0.00 -5.29 0.00
Net Nonoperating Obligations (NNO)		 0.00 468 0.00 0.00 0.00 462 0.00 0.00 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 33 20 -29 25 4.35 25 18 -0.14 8.02 7.18 -3.01
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.32 $0.36 $0.38 $0.00 $0.53 $0.00 $0.46 $0.00 $0.43
Adjusted Weighted Average Basic Shares Outstanding		 40.22M 36.10M 36.57M 35.43M 33.58M 30.96M 32.45M 0.00 28.23M 24.73M 25.74M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 40.22M 36.10M 38.06M 36.06M 35.02M 30.96M 33.33M 0.00 28.66M 24.73M 26.40M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 40.22M 36.10M 38.06M 36.06M 35.02M 30.96M 33.33M 0.00 28.66M 24.73M 26.40M
Normalized Net Operating Profit after Tax (NOPAT)		 -15 -8.70 5.09 -6.14 8.65 -7.46 -8.39 0.23 5.31 -1.27 5.99
Normalized NOPAT Margin		 0.00% 0.00% 42.25% 0.00% 61.74% 0.00% 0.00% 4.62% 40.16% -28.92% 46.92%
Pre Tax Income Margin		 0.00% 0.00% 60.35% 0.00% 64.44% 0.00% 0.00% 6.60% 41.55% -41.31% 47.71%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -2.39 -1.51 0.92 -1.11 1.11 -1.41 -1.69 0.05 0.77 -0.29 1.14
NOPAT to Interest Expense		 -1.68 -1.06 0.92 -0.77 1.06 -0.99 -1.18 0.02 0.75 -0.20 1.12
EBIT Less CapEx to Interest Expense		 -2.39 -1.51 0.92 -1.11 1.11 -1.41 -1.69 0.05 0.77 -0.29 1.14
NOPAT Less CapEx to Interest Expense		 -1.68 -1.06 0.92 -0.77 1.06 -0.99 -1.18 0.02 0.75 -0.20 1.12
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -137.45% -823.18% -1,197.54% 124.63% 0.00% -235.80% -1,503.92% 0.00% 142.40% 141.11% 0.00%
Augmented Payout Ratio		 -137.45% -823.18% -1,197.54% 124.63% 0.00% -235.80% -1,503.92% 0.00% 142.40% 141.11% 0.00%

Frequently Asked Questions About Horizon Technology Finance's Financials

When does Horizon Technology Finance's financial year end?

According to the most recent income statement we have on file, Horizon Technology Finance's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Horizon Technology Finance's net income changed over the last 4 years?

Horizon Technology Finance's net income appears to be on a downward trend, with a most recent value of -$5.63 million in 2024, falling from $6.36 million in 2020. The previous period was -$17.19 million in 2023. Find out what analysts predict for Horizon Technology Finance in the coming months.

How has Horizon Technology Finance revenue changed over the last 4 years?

Over the last 4 years, Horizon Technology Finance's total revenue changed from $21.98 million in 2020 to $14.24 million in 2024, a change of -35.2%.

How much debt does Horizon Technology Finance have?

Horizon Technology Finance's total liabilities were at $485.65 million at the end of 2024, a 1.5% increase from 2023, and a 1.5% increase since 2023.

How much cash does Horizon Technology Finance have?

In the past 1 years, Horizon Technology Finance's cash and equivalents has ranged from $46.63 million in 2023 to $70.26 million in 2024, and is currently $70.26 million as of their latest financial filing in 2024.

How has Horizon Technology Finance's book value per share changed over the last 4 years?

Over the last 4 years, Horizon Technology Finance's book value per share changed from 0.00 in 2020 to 8.83 in 2024, a change of 883.2%.


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This page (NASDAQ:HRZN) was last updated on 5/30/2025 by MarketBeat.com Staff
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