MARKETS / NASDAQ / HRZN
NASDAQ · MID CAP

Horizon Technology Finance Corp. HRZN

6 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
$-0.06
Dividend / sh · FY25
$1.32
Payout · FY25
-1995%
ROE · FY25
-0.8%
Net margin · FY25
Dividend coverage
-0.0×
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Result
Revenue, FY2025 · full 6-year series below
Revenue Net income
2.5e-105e-107.5e-101e-09-0.0202020232025
2.5e-105e-107.5e-101e-09-0.0202020232025

Per share
USD -0.06
Diluted EPS, FY2025
EPS Dividend
0.511.51.32-0.06202020232025
0.511.51.32-0.06202020232025

The dividend was paid in a year without profit.

Profitability
-0.8%
Return on equity, FY2025
ROE
2468-0.8%202020232025
2468-0.8%202020232025
Operating margin
Net margin
Return on assets-0.3%

Each USD of equity lost 1 cents this year.

Returned to shareholders
USD 53.1M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 53.1M
Net buybacks
Share of profit-1995.3%
Consecutive raises

USD 53.1M in dividends went back to shareholders in a year without profit.

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Dividend / share
+1.0%
+1.1%
Returned to shareholders
+21.2%
+20.0%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.05B
Shares outstanding, FY2025
0.020.05202020232025
0.020.05202020232025
Change, 5 years+136.5%
Change, 10 years+295.4%

The share count grew 137% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 811.1M
total assets, end of FY2025
Total assetsUSD 811.1M
EquityUSD 318.5M
CashUSD 142.7M
Gross debtUSD 473.0M
Net debtUSD 330.3M

Net debt stands at 104% of equity.

History
6 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
Revenue $B
·
·
·
·
·
·
Operating income $B
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
Income tax $B
·
·
·
·
·
·
Net income $B
−0.0
−0.0
−0.0
0.0
0.0
0.0
EPS, diluted $
−0.06
−0.16
−0.56
0.86
·
·
Dividend / sh $
1.32
1.37
1.37
1.28
1.25
1.25
Payout %
−1995
−823
−236
141
88
335
ROE %
−0.8
−1.7
−5.4
6.6
·
·
Shares out B
0.05
0.04
0.03
0.03
0.02
0.02

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
7 of 8
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 1 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed