Horizon Technology Finance (HRZN) Financials

$4.90

$0.05 (1.03%)

As on 11-Sep-2026 16:10EDT

Market cap

$330 Mln

Revenue (TTM)

$110 Mln

P/E Ratio

13.1

P/B Ratio

0.8

Div. Yield

23.1 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	109.70	40.02	33.94	19.10	26.64	33.27
Cost of Revenue	24.59	32.81	32.26	28.97	19.98	15.96
Gross Profit	85.10	7.22	1.69	-9.87	26.64	33.27
Operating Expenses	17.39	8.82	5.84	5.82	4.78	5.08
Operating Profit (EBIT)	67.71	-1.60	-4.16	-15.70	41.07	28.18
Other Income	--	--	--	--	--	--
Profit before Tax	5.65	-1.60	-4.16	-15.70	21.87	28.18
Provision for Tax	0.58	1.06	1.48	1.49	0.72	0.40
Profit after Tax (Net Income)	5.07	-2.66	-5.63	-17.19	21.15	27.78
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	21.15	27.78

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	417.50	318.50	336.18	323.98	318.45	245.34
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	339.48	397.43	467.90	462.24	434.08	257.61
Current Liabilities	75.07	95.17	17.75	16.14	14.30	11.01
Total Liabilities	907.12	811.10	821.83	802.36	766.83	513.96

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	684.49	693.50	731.67	739.16	729.85	468.39
Current Assets	147.55	117.61	90.16	63.20	36.97	45.57
Total Assets	979.60	811.10	821.83	802.36	766.83	513.96
Total Debt*	402.44	473.03	467.90	462.24	434.08	257.61
Net Current Assets	--	--	--	--	--	--

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	56.63	39.64	50.07	-246.28	-75.99
Cash Flow from Investing Activities	--	16.67	-35.70	-55.33	-372.01	-291.49
Cash from Financing Activities	--	-14.80	21.21	50.51	229.46	75.52
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	0.36	-0.06	-0.16	-0.52	0.79	1.35
Cash EPS ($)	--	-0.06	-0.16	-0.52	0.79	1.35
Adjusted Book Value ($)	--	7.52	9.31	9.72	11.83	11.90
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	1.34	1.10	1.50	-9.15	-3.68
Free Cash Flow per Share ($)	--	1.34	1.10	1.50	-9.15	-3.68

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-0.33	-0.71	-2.23	3.37	6.16
ROE (%)	1.38	-0.81	-1.71	-5.35	7.50	12.13
ROA (%)	0.58	-0.33	-0.69	-2.19	3.30	6.03
EBIT Margin (%)	28.29	--	-12.25	543.70	154.15	84.72
Net Margin (%)	4.62	-6.65	-16.60	-89.97	79.39	83.51
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	1,901.53	0.18	0.78	-0.28	-0.20	2.22
EBIT Growth (%)	270.99	--	-104.00	152.86	45.72	327.92
Net Profit Growth (%)	110.70	52.76	67.22	-181.25	-23.87	336.55
EPS Growth (%)	130.78	0.60	0.70	-1.66	-0.42	2.98
Book Value Growth (%)	-6.67	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	13.08	-102.65	-57.62	-25.55	14.76	11.82
Price / Book Value	0.78	0.86	0.97	1.36	0.98	1.34
Dividend Yield (%)	23.05	--	--	--	--	--
EV/EBITDA	13.46	-400.91	-180.29	-54.29	17.60	7.44
Close Price ($)	4.73	6.45	8.99	13.17	11.60	15.92
High Price ($)	8.46	9.99	13.73	13.50	16.54	19.08
Low Price ($)	3.80	5.71	8.46	10.14	9.67	12.23
Market Cap ($ Cr)	330.38	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	1.49	1.39	1.43	1.36	1.05
Short term debt to equity ratio	0.18	0.30	0.19	0.15	0.10	0.10
Current Ratio	1.97	1.24	5.08	3.92	2.59	4.14
Quick Ratio	1.97	--	--	3.92	-0.49	4.14
Interest Coverage	1.18	--	-0.13	3.58	2.14	2.34

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	11.43	30.20	48.78	72.91	50.95	18.50
Asset Turnover	0.13	0.05	0.04	0.02	0.04	0.07
Receivable days	--	130.71	164.02	262.93	135.22	60.94
Inventory Days	--	--	0.00	277.61	402.57	603.19
Payable days	--	157.06	136.84	127.15	141.91	139.07
Cash Conversion Cycle	--	--	27.18	413.40	395.89	525.06

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.