Horizon Technology Finance (HRZN) showed a return to portfolio growth in Q4 2025 despite a year-over-year decline in net investment income. The company is currently focused on its anticipated merger with Monroe Capital Corporation (MRCC), which is expected to provide significant capital for larger venture lending transactions. While NAV per share decreased due to distributions exceeding NII, the company maintained a strong committed backlog for 2026.

Horizon Technology Finance reported a net investment income of $10.7 million, or $0.27 per share, for the first quarter of 2025, down from $12.6 million, or $0.38 per share, in the prior-year period. The company's total investment portfolio grew to $689.6 million, and its net asset value stood at $305.5 million, or $7.57 per share. The quarter saw a significant net unrealized depreciation on investments of $32.2 million.

Horizon Technology Finance's total investment income for Q4 2024 decreased to $23.5 million from $28.2 million in Q4 2023, primarily due to lower interest income. Net investment income fell to $10.4 million, while net asset value per share dropped to $8.43. The company experienced net unrealized depreciation of $19.6 million. However, the firm maintained strong liquidity with $100.9 million in cash and a credit facility capacity of $244.0 million.

Horizon Technology Finance Corporation reported a net investment income of $15.0 million, or $0.45 per share, for Q4 2023. The company's annualized portfolio yield on debt investments was 16.8%. Horizon funded six loans totaling $63.4 million and experienced liquidity events from four portfolio companies.

Horizon Technology Finance reported a net investment income of $0.53 per share and a net asset value of $10.41 per share. The debt portfolio grew year over year by 15% to $729 million, and the company declared regular monthly distributions totaling $0.33 per share through March 2024, along with a $0.05 special distribution payable in December 2023.

Horizon Technology Finance reported a strong second quarter, with net investment income exceeding distributions, driven by a debt portfolio yield of over 16%. The company strengthened its balance sheet through common stock offerings and increased credit facility capacity.

Horizon Technology Finance Corporation announced strong Q1 2023 results, with net investment income of $0.46 per share, a debt portfolio yield of 16.3%, and a portfolio growth of 39% year over year to $715 million. The company also declared regular monthly distributions totaling $0.33 per share.

Horizon Technology Finance Corporation announced strong financial results for the third quarter ended September 30, 2022. Key highlights include net investment income of $0.43 per share, a total investment portfolio of $634.6 million, and an annualized portfolio yield on debt investments of 15.9%.

Horizon Technology Finance Corporation announced strong Q2 2022 financial results, with net investment income of $0.35 per share, a net asset value per share of $11.69, and a debt portfolio yield of 14.2%. The company's portfolio grew year-over-year by 43% to a record $577 million, and the committed backlog reached a record $267 million.

Horizon Technology Finance announced solid first quarter performance, with investment portfolio surpassing $500 million milestone and generating NII of $0.26 per share. The company's committed backlog and pipeline of venture debt opportunities are at record levels.

Horizon Technology Finance Corporation reported a strong fourth quarter in 2021, marked by significant growth in total investment income and net investment income per share. The company's debt portfolio yield remained high, and it maintained a substantial committed backlog, positioning it well for continued growth in 2022.

Horizon Technology Finance Corporation announced strong Q3 2021 results, with net investment income of $0.40 per share, significant portfolio growth, and an increased NAV per share. The company originated $99 million in loans and experienced a debt portfolio yield of over 16%.

Horizon Technology Finance Corporation reported a net investment income of $0.21 per share for Q4 2020. The company originated nearly $77 million of new loans during the quarter and maintained regular monthly distributions of $0.10 per share. They also made progress exiting underperforming loans, enhancing the credit profile.