NASDAQ$HRZN

Horizon Technology Finance Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Horizon Technology Finance reported Q4 2024 revenue of $23.5M, net income of $10.4M, diluted EPS of $0.27.

For Q4 2024, Horizon Technology Finance reported Revenue was $23.5M, net income was $10.4M, diluted EPS was $0.27. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $23.5M for Q4 2024.
  • Net income $10.4M.
  • Diluted EPS $0.27.

Headline financials

Total Revenue

$23.5M

Previous: $28.2M-16.6%
EPS (adj)

$0.27

Previous: $0.45-40.0%
NAV per Share

$8.43

Previous: $9.71-13.2%
Debt Portfolio Fair Value

$639M

No prior period
Debt Portfolio Yield

14.9%

No prior period
Capital Expenditures

$0.00

Previous: $0.00
Net Income

$10.4M

Previous: $15M-30.7%
Operating Income

$10.4M

Previous: $16M-34.7%

Revenue & EPS history

Horizon Technology · Revenue · Quarterly

$23.5M

Q4 2024-16.6%vs Q4 2023
Beat estimate in 2 of 13 quarters(15%)
ActualEstimate

Forward guidance

BDC outlook focuses on net investment income, portfolio quality, and distributions.

Tailwinds

  • NII coverage of distributions when achieved.
  • New originations and liquidity actions.

Headwinds

  • Credit stress in venture portfolio names.
  • Interest-rate and valuation headwinds.

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 Q4 2024

Historical avgQ4 2024

-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%

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