NASDAQ$WHF

Whitehorse Finance Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

WhiteHorse Finance reported Q1 2025 revenue of $18.8M, net income of $6.8M, diluted EPS of $0.18.

For Q1 2025, WhiteHorse Finance reported Revenue was $18.8M, net income was $6.8M, diluted EPS was $0.18. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $18.8M for Q1 2025.
  • Net income $6.8M.
  • Diluted EPS $0.18.

Headline financials

Total Revenue

-$319K

Previous: -$422K+24.4%
EPS (adj)

$0.18

Previous: $0.26-30.8%
Free Cash Flow

$4.26M

Previous: $5.97M-28.6%
Net Income

$4.26M

Previous: $5.97M-28.6%
Operating Income

-$5.99M

Previous: -$7.46M+19.7%
Gross Profit

-$319K

Previous: -$422K+24.4%

Revenue & EPS history

Whitehorse Finance · Revenue · Quarterly

-$319K

Q1 2025-24.4%vs Q1 2024
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

BDC and REIT outlook emphasizes portfolio yield, NAV, and dividend coverage.

Tailwinds

  • Investment income and fee generation.
  • Balance-sheet capacity for originations.

Headwinds

  • Credit marks and non-accruals.
  • Rates affect cost of capital and asset values.

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 2025

Historical avgQ1 2025

-0.4%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-0.0%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+6.0%

Q4 2025

Best reaction

-6.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-4.6%-12.2%
Q4 2025+6.0%+17.8%+12.9%
Q3 2025-5.2%-1.0%+7.5%
Q1 2025+0.8%-1.1%-0.4%
Q4 2024-4.5%-5.5%-14.4%
Q3 2024-5.4%-9.5%-9.7%
Q2 2024-2.4%-2.6%+1.9%
Q1 2024+1.3%+0.4%+2.0%
Q4 2023-0.2%+0.5%-0.2%
Q3 2023-1.1%-0.2%+1.6%
Q2 2023-6.2%-5.8%-4.4%
Q1 2023+5.2%+5.5%+15.3%
Q4 2022+2.3%+0.4%-5.2%
Q3 2022+1.6%+4.9%+7.3%
Q2 2022+1.1%+6.0%-2.3%
Q1 2022-2.1%-6.0%-3.9%
Q4 2021-1.8%-3.6%-1.0%
Q3 2021+0.7%-0.1%+0.7%
Q4 2020+2.3%+2.2%+3.8%

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