<span item_type="fundamental" item_id="90ee6c78792a9f70e9daaee27176f7f8" counter_id="ST/US/HTFB" env="prod"></span><span item_type="announcement" item_id="546919014372085761" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 24.52 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.28.</p><p></p><h3>Net Investment Income</h3><p>Net investment income for the second quarter of 2025 was $11.4 million, or $0.28 per share, compared to $12.9 million, or $0.36 per share, for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Total Investment Portfolio</h3><p>The total investment portfolio was valued at $622.7 million as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Net Asset Value</h3><p>Net asset value was $283.8 million, or $6.75 per share, as of June 30, 2025, compared to $328.8 million, or $9.12 per share, as of June 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Portfolio Yield</h3><p>The annualized portfolio yield on debt investments was 15.8% for the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Cash and Credit Facility</h3><p>As of June 30, 2025, the company had $81.2 million in cash and a credit facility capacity of $329.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Net Realized and Unrealized Losses</h3><p>For the quarter ended June 30, 2025, the net realized loss on investments was $9.3 million, and net unrealized depreciation on investments was $22.2 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Liquidity Events</h3><p>During the quarter, Horizon experienced liquidity events from seven portfolio companies, including prepayments and sales of equity investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p><h3>Outlook / Guidance</h3><p>Horizon Technology Finance Corporation announced a merger with Monroe Capital Corporation, which is expected to significantly increase its size, scale, and capital base. The merger aims to expand Horizon’s ability to provide venture lending solutions, particularly to small-cap public market companies. The company anticipates that the merger will better position it to win larger venture lending transactions and support innovative businesses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1487428/000143774925025489/ex_849669.htm"></span></p>

Horizon Tech Finance Pref Shares HTFB 4.875 03/30/26 | 8-K: FY2025 Q2 Revenue: USD 24.52 M