HRZN - Horizon Technology Finance Corporation
NASDAQ
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Financial Services
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Asset Management
Farmington,
United States
Type: Equity
HRZN price evolution
HRZN
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $46.63 | $34.82 | $24.39 | $19.84 |
| Short term investments | ||||
| Net receivables | $13.93 | $14.13 | $14.89 | $13.84 |
| Inventory | ||||
| Total current assets | $87.01 | $61.41 | $65.15 | $57.39 |
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $738.18 | $744.35 | $744.16 | $742 |
| Total assets | $802.36 | $797.24 | $787.41 | $778.24 |
| Current liabilities | ||||
| Accounts payable | $12.06 | $12.07 | $11.77 | $13.4 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $64.07 | $81.45 | $56.91 | $16.91 |
| Long term debt | $414.3 | $369.22 | $375.08 | $439.64 |
| Total noncurrent liabilities | ||||
| Total debt | $462.24 | $435.5 | $418.02 | $439.64 |
| Total liabilities | $478.38 | $450.67 | $431.99 | $456.56 |
| Shareholders' equity | ||||
| Retained earnings | -$127 | -$105.18 | -$82.18 | -$71.66 |
| Other shareholder equity | ||||
| Total shareholder equity | $323.98 | $346.57 | $355.42 | $321.68 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $46.63 | $20.61 | $38.05 | $19.5 |
| Short term investments | ||||
| Net receivables | $13.93 | $13.57 | $6.15 | $4.95 |
| Inventory | ||||
| Total current assets | $87.01 | $41.25 | $52.08 | $24.45 |
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $738.18 | $729.88 | $467.3 | $380.8 |
| Total assets | $802.36 | $766.83 | $513.96 | $407.16 |
| Current liabilities | ||||
| Accounts payable | $12.06 | $11.62 | $9.09 | $7.32 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $64.07 | $27.51 | $23.25 | $194.56 |
| Long term debt | $414.3 | $420.87 | $245.38 | $176.1 |
| Total noncurrent liabilities | ||||
| Total debt | $462.24 | $434.08 | $257.61 | $185.82 |
| Total liabilities | $478.38 | $448.38 | $268.63 | $194.56 |
| Shareholders' equity | ||||
| Retained earnings | -$127 | -$67.5 | -$56.05 | -$58.71 |
| Other shareholder equity | ||||
| Total shareholder equity | $323.98 | $318.45 | $245.34 | $212.6 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $28.18 | $29.14 | $28.12 | $28.04 |
| Cost of revenue | $3.18 | $3.21 | $3.33 | $6.18 |
| Gross Profit | $25 | $25.93 | $24.79 | $21.86 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $0.86 | $0.83 | $0.91 | $0.89 |
| Total operating expenses | $1.48 | $1.28 | $1.36 | $1.54 |
| Operating income | $23.52 | $24.64 | $23.43 | $20.32 |
| Income from continuing operations | ||||
| EBIT | -$2.15 | -$4.69 | $7.51 | $12.61 |
| Income tax expense | $0.95 | $0.18 | $0.18 | $0.18 |
| Interest expense | $7.56 | $7.11 | $7.18 | $7.12 |
| Net income | ||||
| Net income | -$10.66 | -$11.98 | $0.15 | $5.31 |
| Income (for common shares) | -$10.66 | -$11.98 | $0.15 | $5.31 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $113.47 | $79.19 | $60.02 | $46.03 |
| Cost of revenue | $15.89 | $18.31 | $14.67 | $11.64 |
| Gross Profit | $97.58 | $60.88 | $45.34 | $34.39 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $3.5 | $3.13 | $2.8 | $2.21 |
| Total operating expenses | $5.67 | $4.78 | $4.69 | $3.75 |
| Operating income | $91.91 | $56.1 | $40.66 | $30.64 |
| Income from continuing operations | ||||
| EBIT | $13.28 | $41.07 | $40.22 | $16.26 |
| Income tax expense | $1.49 | $0.71 | $0.4 | $0.22 |
| Interest expense | $28.97 | $19.2 | $12.03 | $9.67 |
| Net income | ||||
| Net income | -$17.18 | $21.15 | $27.78 | $6.36 |
| Income (for common shares) | -$17.18 | $21.15 | $27.78 | $6.36 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$10.66 | -$11.98 | $0.15 | $5.31 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $11.22 | -$23.73 | -$5.48 | $12.73 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$11.97 | -$10.32 | -$9.19 | -$9.04 |
| Sale and purchase of stock | $0.06 | $13.86 | $44 | $7.17 |
| Net borrowings | $26.3 | $17.14 | -$22.69 | $5.2 |
| Total cash flows from financing | $14.39 | $20.67 | $12.12 | $3.33 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $25.61 | -$3.05 | $6.63 | $16.06 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$17.18 | $21.15 | $27.78 | $6.36 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$5.26 | -$246.28 | -$75.99 | -$25.28 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$40.52 | -$29.85 | -$24.55 | -$21.32 |
| Sale and purchase of stock | $65.09 | $84.6 | $30.09 | $44.61 |
| Net borrowings | $25.94 | $174.71 | $69.98 | $32.36 |
| Total cash flows from financing | $50.51 | $229.46 | $75.52 | $55.66 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $45.26 | -$16.82 | -$0.48 | $30.37 |
News
Fundamentals
| Market cap | $375.38M |
|---|---|
| Enterprise value | $790.99M |
| Shares outstanding | 33.37M |
| Revenue | $113.47M |
|---|---|
| EBITDA | $13.28M |
| EBIT | $13.28M |
| Net Income | -$17.18M |
| Revenue Q/Q | 21.77% |
| Revenue Y/Y | 43.29% |
| P/E ratio | -21.85 |
|---|---|
| EV/Sales | 6.97 |
| EV/EBITDA | 59.58 |
| EV/EBIT | 59.58 |
| P/S ratio | 3.31 |
| P/B ratio | 1.16 |
| Book/Share | 9.71 |
| Cash/Share | 1.40 |
| EPS | -$0.51 |
|---|---|
| ROA | -2.17% |
| ROE | -5.10% |
| Debt/Equity | 1.48 |
|---|---|
| Net debt/EBITDA | 32.52 |
| Current ratio | 1.36 |
| Quick ratio | 1.36 |