Horizon Technology Finance Corp logo

HRZN

Horizon Technology Finance Corp

$13.31

Earnings Summary

Revenue
$17.72Mn
Net Profits
$8.58Mn
Net Profit Margins
48.43%
PE Ratio
11.36

Highlights

Revenue:

Horizon Technology Finance Corp’s revenue jumped 116.31% since last year same period to $17.72Mn in the Q2 2022. On a quarterly growth basis, Horizon Technology Finance Corp has generated 261.26% jump in its revenue since last 3-months.

Net Profits:

Horizon Technology Finance Corp’s net profit jumped 27.52% since last year same period to $8.58Mn in the Q2 2022. On a quarterly growth basis, Horizon Technology Finance Corp has generated 143.67% jump in its net profits since last 3-months.

Net Profit Margins:

Horizon Technology Finance Corp’s net profit margin fell -41.05% since last year same period to 48.43% in the Q2 2022. On a quarterly growth basis, Horizon Technology Finance Corp has generated -32.55% fall in its net profit margins since last 3-months.

PE Ratio:

Horizon Technology Finance Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.36.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Horizon Technology Finance Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.36
EPS Estimate Current Year
0.36

Highlights

EPS Estimate Current Quarter:

Horizon Technology Finance Corp’s earning per share (EPS) estimates for the current quarter stand at 0.36 - a 5.88% jump from last quarter’s estimates.

EPS Estimate Current Year:

Horizon Technology Finance Corp’s earning per share (EPS) estimates for the current year stand at 0.36.

Key Ratios

Key ratios of the Horizon Technology Finance Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.35
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
1.2

Highlights

Earning Per Share (EPS):

Horizon Technology Finance Corp’s earning per share (EPS) jumped 12.9% since last year same period to 0.35 in the Q2 2022. This indicates that the Horizon Technology Finance Corp has generated 12.9% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Horizon Technology Finance Corp’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Horizon Technology Finance Corp’s return on equity (ROE) stands at 0.1.

Dividend Per Share (DPS):

Horizon Technology Finance Corp declared 1.2 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
0.3
0.26
-13.33%
2022-08-02
0.34
0.35
2.94%

Company Information

Horizon Technology Finance Corporation is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Headquartered in Farmington, Connecticut, Horizon also has regional offices in Pleasanton, California and Reston, Virginia.

Organisation
Horizon Technology Finance Corp
Industry
Miscellaneous