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Jun 30, 2024
Whitehorse Finance Q2 2024 Earnings Report
WhiteHorse Finance's financial performance reflected a decrease in total investment income but remained above dividend, with strategic focus on stable credits amidst a competitive lending market.
Key Takeaways
WhiteHorse Finance reported a net investment income of $9.292 million, or $0.40 per share, for the quarter ended June 30, 2024. The company's investment portfolio fair value was $660.0 million, and it has declared a distribution of $0.385 per share.
Net investment income was $9.292 million, or $0.40 per share.
Declared a distribution of $0.385 per share for the quarter ended June 30, 2024.
Investment portfolio fair value totaled $660.0 million as of June 30, 2024.
Invested $47.4 million in seven new portfolio companies and $8.4 million in existing ones.
Forward Guidance
WhiteHorse Finance is taking a cautious stance, focusing on credits with positive free cash flow, limited cyclicality, and strong owners, while navigating an aggressive lending market.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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