NASDAQ$HRZN

Horizon Technology Finance Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Horizon Technology's financial results for Q1 2022 were announced.

Horizon Technology Finance announced solid first quarter performance, with investment portfolio surpassing $500 million milestone and generating NII of $0.26 per share. The company's committed backlog and pipeline of venture debt opportunities are at record levels.

  • Grew portfolio year over year by 36% to a record $515 million.
  • Ended the quarter with a record committed backlog of $172 million, including a record $151 million in HRZN commitments.
  • Net Investment Income per Share was $0.26; NAV per Share was $11.68.
  • Debt Portfolio Yield was 12.4%.

Headline financials

Total Revenue

$14.2M

No prior period
EPS (adj)

$0.26

No prior period
NAV per Share

$11.68

No prior period
Committed Backlog

$172M

No prior period
Net Income

$3.5M

No prior period
Operating Income

$5.8M

No prior period
Cash & Equivalents

$14.5M

No prior period
Total Assets

$560M

No prior period

Revenue & EPS history

Horizon Technology · Revenue · Quarterly

$14.2M

Q1 2022
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

Horizon believes it remains well positioned to continue growing its portfolio and delivering compelling returns to its shareholders.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.9%

Avg return

Earnings day

-3.3%

Avg return

5 days after

-4.3%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+8.2%

Q3 2022

Best reaction

-16.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%+8.6%+11.0%
Q4 2025-0.8%-31.6%-30.0%
Q3 2025-1.0%+6.8%+9.7%
Q1 2025-16.8%-17.1%-15.3%
Q4 2024-9.9%-2.2%-11.5%
Q3 2024-4.3%-6.8%-8.3%
Q2 2024-4.4%-7.8%-9.5%
Q1 2024-1.5%+1.6%-0.3%
Q4 2023-6.2%-8.5%-12.6%
Q3 2023+6.4%+8.8%+13.1%
Q2 2023+1.1%-5.4%-9.5%
Q1 2023+0.3%-1.1%+1.1%
Q4 2022-5.5%-9.1%-10.9%
Q3 2022+8.2%+13.5%+13.5%
Q2 2022+3.1%+1.2%-5.9%
Q1 2022+0.1%-0.3%-2.7%
Q4 2021-0.3%-2.6%-10.7%
Q3 2021+2.3%+1.6%-0.8%
Q4 2020-9.0%-11.5%-1.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro