05/06/2025 - 05:45 PM

2025年5月6日- 下午 5:45

NAV per share of $78.72 taking into account special dividend of $1.43 per share paid February 19, 2025

每股净资产为 78.72 美元，考虑到2025年2月19日支付的每股特别股息 1.43 美元

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter for its year ending September 30, 2025.

纽约，2025年5月6日（GLOBE NEWSWIRE）-- PhenixFIN Corporation（纳斯达克：PFX，PFXNZ）（“公司”），一家上市的商业发展公司，今天公布了截至2025年9月30日的财政年度第二季度财务业绩。

Highlights:

亮点：

Second quarter total investment income of $6.0 million; net investment income of $1.0 million
Net asset value (NAV) of $159 million, or $78.72 per share as of March 31, 2025
On February 6, 2025, the Board declared a special dividend of $1.43 per share paid on February 19, 2025, to stockholders of record as of February 17, 2025
Weighted average yield was 11.82% on debt and other income producing investments

第二季度总投资收入为 600 万美元；净投资收入为 100 万美元
截至2025年3月31日的净资产值（NAV）为 1.59 亿美元，或每股 78.72 美元 -2025年2月6日，董事会宣布每股 1.43 美元的特别股息，于2025年2月19日支付给截至2025年2月17日的股东
债务和其他收入产生投资的加权平均收益率为 11.82%

“In light of the broader market volatility we are pleased with another solid quarter,” stated David Lorber, Chief Executive Officer. “Also, on April 17th we closed on an extension and successful upsize of our credit facility to April 17, 2030 and $100 million, respectively. In addition, expecting reduced overall interest expense savings with our facility funding costs declining to SOFR+250 from SOFR+290. This comes at a great time given the robust opportunity set we see in the current market environment.”

“考虑到更广泛的市场波动，我们对又一个稳健的季度感到满意，” 首席执行官 David Lorber 表示。“此外，在 4 月 17 日，我们成功延长并扩大了我们的信贷额度至2030年4月17日和 1 亿美元。此外，预计整体利息支出将减少，融资成本将从 SOFR+290 降至 SOFR+250。这在当前市场环境中提供了良好的机会。”

Selected Second Quarter 2025 Financial Results for the Quarter Ended March 31, 2025:

截至2025年3月31日的 2025 年第二季度财务业绩摘要：

Total investment income was $6.0 million of which $5.9 million was attributable to portfolio interest and dividend income, and $0.1 million was attributable to fee and other income.

总投资收入为 600 万美元，其中 590 万美元来自投资组合利息和股息收入，10 万美元来自费用和其他收入。

Total net expenses were $5.0 million and total net investment income was $1.0 million.

总净支出为 500 万美元，总净投资收入为 100 万美元。

The Company recorded a net realized loss of $1.1 million and a net unrealized loss of $0.5 million.

公司记录了 110 万美元的净实现损失和 50 万美元的净未实现损失。

Portfolio and Investment Activities for the Quarter Ended March 31, 2025:

截至2025年3月31日的投资组合和投资活动：

The fair value of the Company's investment portfolio totaled $286.8 million and consisted of 36 portfolio companies.

公司的投资组合公允价值总计为 2.868 亿美元，包含 36 家投资组合公司。

The Company had certain investments in 2 portfolio companies on non-accrual status with a fair market value of $1.4 million.

公司在 2 家投资组合公司中有部分投资处于不计息状态，公允市场价值为 140 万美元。

Liquidity and Capital Resources:

流动性和资本资源：

As of March 31, 2025, the Company had $8.7 million in cash and cash equivalents, $59.2 million in aggregate principal amount of its 5.25% unsecured notes due 2028 and $79.6 million outstanding under the Credit Facility (prior to its upsizing).

截至2025年3月31日，公司拥有 870 万美元的现金及现金等价物，5920 万美元的 5.25% 无担保债券（到期日为 2028 年）和 7960 万美元的信贷额度（在扩大之前）。

ABOUT PHENIXFIN CORPORATION

关于 PHENIXFIN CORPORATION

PhenixFIN Corporation is a non-diversified, internally managed closed-end management investment company incorporated in Delaware that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. We completed our initial public offering and commenced operations on January 20, 2011. The Company has elected, and intends to qualify annually, to be treated, for U.S. federal income tax purposes, as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. Effective January 1, 2021, the Company operates under an internalized management structure.

PhenixFIN Corporation 是一家非多元化、内部管理的封闭式管理投资公司，注册于特拉华州，已选择根据 1940 年投资公司法（经修订）进行监管。我们于2011年1月20日完成首次公开募股并开始运营。公司已选择并打算每年申请，作为美国联邦所得税目的，按照 1986 年《国内税收法》第 M 章（经修订）被视为受监管的投资公司。自2021年1月1日起，公司在内部管理结构下运营。

SAFE HARBOR STATEMENT AND OTHER DISCLOSURES

安全港声明及其他披露

This press release contains “forward-looking” statements. Such forward-looking statements reflect current views with respect to future events and financial performance, and the Company may make related oral forward-looking statements on or following the date hereof. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, including among other things, PhenixFIN’s ability to execute on its strategic initiatives, deliver value to shareholders, increase investment activity, increase net investment income, reduce interest expenses, implement its investment strategy and achieve its investment objective, source and capitalize on investment opportunities, grow its net asset value per share and perform well in the prevailing market environment, the ability of our portfolio companies, including National Security Group, Inc. to perform well and generate income and other factors that are enumerated in the Company’s periodic filings with the Securities and Exchange Commission. PhenixFIN Corporation disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release.

本新闻稿包含 “前瞻性” 声明。这些前瞻性声明反映了对未来事件和财务表现的当前看法，公司可能会在本声明日期或之后作出相关的口头前瞻性声明。这些前瞻性声明受到预测未来结果和条件固有的不确定性的影响。某些因素可能导致实际结果和条件与这些前瞻性声明中预测的结果和条件有重大差异，包括但不限于，PhenixFIN 执行其战略计划、为股东创造价值、增加投资活动、增加净投资收入、减少利息支出、实施其投资策略和实现其投资目标、寻找和利用投资机会、提高每股净资产值以及在当前市场环境中表现良好的能力，包括 National Security Group, Inc.的投资组合公司表现良好并产生收入的能力，以及公司定期向证券交易委员会提交的文件中列举的其他因素。PhenixFIN Corporation 不承担更新或修订本新闻稿中任何前瞻性声明的义务。

Past performance is not a guarantee of future results. The press release contains unaudited financial results. For ease of review, we have excluded the word "approximately" when rounding the results. This press release is for informational purposes only and is not an offer to purchase or a solicitation of an offer to sell shares of PhenixFIN Corporation’s common stock. There can be no assurance that PhenixFIN Corporation will achieve its investment objective.

过去的表现并不能保证未来的结果。 本新闻稿包含未经审计的财务结果。为方便审阅，我们在四舍五入结果时省略了 “约” 的字眼。本新闻稿仅供信息参考，并不是购买或出售 PhenixFIN Corporation 普通股的要约或招揽。不能保证 PhenixFIN Corporation 将实现其投资目标。

ForPhenixFINinvestor relations, please call 212-859-0390. For media inquiries, please contactinfo@phenixfc.com.

有关 PhenixFIN 投资者关系，请致电 212-859-0390。媒体查询请联系 info@phenixfc.com。


PHENIXFIN CORPORATION Consolidated Statements of Assets and Liabilities

	March 31, 2025			September30, 2024
	(Unaudited)
Assets:
Investments at fair value
Non-controlled, non-affiliated investments (amortized cost of $149,358,044 and $143,179,354 respectively)	$	150,403,826			$	142,233,426
Affiliated investments (amortized cost of $20,572,531 and $20,564,242, respectively)		13,777,521				14,750,785
Controlled investments (amortized cost of $150,553,974 and $97,016,429, respectively)		122,661,590				70,931,647
Total Investments at fair value		286,842,937				227,915,858
Cash and cash equivalents		8,689,461				67,571,559
Receivables:
Interest receivable		1,060,559				1,313,598
Other receivable		16,640				65,838
Dividends receivable		-				23,468
Deferred tax asset, net		557,463				887,099
Other assets		435,617				1,066,323
Deferred financing costs		419,172				760,680
Receivable for investments sold		2,328,555				2,955,775
Due from Affiliate		257,852				90,500
Prepaid share repurchase		101,115				101,115
Total Assets	$	300,709,371			$	302,751,813

Liabilities:
Credit facility and notes payable (net of debt issuance costs of $1,326,546 and $1,510,815, respectively)	$	137,434,952			$	135,723,636
Accounts payable and accrued expenses		2,937,872				5,570,150
Interest and fees payable		1,078,676				768,043
Other liabilities		223,362				294,063
Due to Affiliate		46,995				88,148
Total Liabilities		141,721,857				142,444,040

Commitments and Contingencies (see Note 8)

Net Assets:
Common Shares, $0.001 par value; 5,000,000 shares authorized; 2,723,709 shares issued; 2,019,778 and 2,019,778 common shares outstanding, respectively		2,020				2,020
Capital in excess of par value		704,909,588				704,909,588
Total distributable earnings (loss)		(545,924,094	)			(544,603,835	)
Total Net Assets		158,987,514				160,307,773
Total Liabilities and Net Assets	$	300,709,371			$	302,751,813

Net Asset Value Per Common Share	$	78.72			$	79.37


PHENIXFIN CORPORATION
合并资产负债表

	2025年3月31日			2024年9月30日
	（未经审计）
资产：
公允价值投资
非控制性、非关联投资（摊销成本分别为$149,358,044 和$143,179,354）	$	150,403,826			$	142,233,426
关联投资（摊销成本分别为$20,572,531 和$20,564,242）		13,777,521				14,750,785
控制性投资（摊销成本分别为$150,553,974 和$97,016,429）		122,661,590				70,931,647
公允价值投资总额		286,842,937				227,915,858
现金及现金等价物		8,689,461				67,571,559
应收款项：
应收利息		1,060,559				1,313,598
其他应收款		16,640				65,838
应收股息		-				23,468
递延所得税资产，净额		557,463				887,099
其他资产		435,617				1,066,323
递延融资成本		419,172				760,680
已售投资应收款		2,328,555				2,955,775
应收关联方款项		257,852				90,500
预付股票回购款		101,115				101,115
资产总计	$	300,709,371			$	302,751,813

负债：
信贷设施及应付票据（扣除债务发行成本分别为$1,326,546 和$1,510,815）	$	137,434,952			$	135,723,636
应付账款及应计费用		2,937,872				5,570,150
应付利息及费用		1,078,676				768,043
其他负债		223,362				294,063
应付关联方款项		46,995				88,148
负债总计		141,721,857				142,444,040

承诺与或有事项（见注释 8）

净资产：
普通股，面值$0.001；授权 5,000,000 股；已发行 2,723,709 股；流通股 2,019,778 和 2,019,778 股		2,020				2,020
超过面值的资本		704,909,588				704,909,588
可分配收益（损失）总额		(545,924,094	)			(544,603,835	)
净资产总计		158,987,514				160,307,773
负债与净资产总计	$	300,709,371			$	302,751,813

每股净资产价值	$	78.72			$	79.37


PHENIXFIN CORPORATION Consolidated Statements of Operations (Unaudited)

	For the Three Months Ended March 31,			For the Six Months Ended March 31,
	2025			2024			2025		2024
Interest Income:
Interest from investments
Non-controlled, non-affiliated investments:
Cash	$	2,957,380			$	1,950,898		$	5,950,065		$	4,633,041
Payment in-kind		263,784				90,530			618,465			181,204
Affiliated investments:
Cash		-				276,484			-			732,176
Controlled investments:
Cash		626,790				294,028			1,214,985			580,266
Payment in-kind		-				118,864			-			268,831
Total interest income		3,847,954				2,730,804			7,783,515			6,395,518
Dividend income
Non-controlled, non-affiliated investments		378,232				669,359			974,530			1,797,891
Affiliated investments		111,736				-			254,231			-
Controlled investments		1,580,616				982,903			2,979,966			1,868,097
Total dividend income		2,070,584				1,652,262			4,208,727			3,665,988
Interest from cash and cash equivalents		45,812				199,266			104,753			240,374
Fee income (see Note 9)		29,673				76,517			40,737			78,625
Other income		25,000				-			97,774			22
Total Investment Income		6,019,023				4,658,849			12,235,506			10,380,527

Expenses:
Interest and financing expenses		2,578,963				1,567,352			5,124,774			3,109,413
Salaries and benefits		1,185,054				1,524,508			2,213,671			2,949,500
Professional fees, net		577,965				343,150			995,978			700,704
Directors fees		204,000				187,500			408,000			375,000
Administrator expenses (see Note 6)		112,829				57,550			197,184			135,402
Insurance expenses		86,498				96,694			174,919			194,450
General and administrative expenses		307,739				310,776			529,532			635,837
Total expenses		5,053,048				4,087,530			9,644,058			8,100,306
Net Investment Income		965,975				571,319			2,591,448			2,280,221

Realized and unrealized gains (losses) on investments
Net realized gains (losses):
Non-controlled, non-affiliated investments		(1,065,013	)			200,754			103,657			430,558
Affiliated investments		-				(1,991,456	)		-			(1,991,456	)
Total net realized gains (losses)		(1,065,013	)			(1,790,702	)		103,657			(1,560,898	)
Net change in unrealized gains (losses):
Non-controlled, non-affiliated investments		1,183,172				1,796,767			1,991,710			3,161,010
Affiliated investments		(92,367	)			2,282,655			(981,553	)		4,713,918
Controlled investments		(1,558,264	)			2,512,263			(1,807,602	)		1,311,890
Total net change in unrealized gains (losses)		(467,459	)			6,591,685			(797,445	)		9,186,818
Deferred tax benefit (expense), net		(329,636	)			-			(329,636	)		-
Total realized and unrealized gains (losses)		(1,862,108	)			4,800,983			(1,023,424	)		7,625,920

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(896,133	)		$	5,372,302		$	1,568,024		$	9,906,141
Weighted average basic and diluted earnings per common share	$	(0.44	)		$	2.62		$	0.78		$	4.81
Weighted average common shares outstanding - basic and diluted (see Note 11)		2,019,778				2,048,622			2,019,778			2,060,723


PHENIXFIN CORPORATION 合并运营报表（未经审计）

	截至三个月 2025年3月31日			截至六个月 2024年3月31日
	2025			2024			2025		2024
利息收入：
投资利息
非控制、非关联投资：
现金	$	2,957,380			$	1,950,898		$	5,950,065		$	4,633,041
实物支付		263,784				90,530			618,465			181,204
关联投资：
现金		-				276,484			-			732,176
控制投资：
现金		626,790				294,028			1,214,985			580,266
实物支付		-				118,864			-			268,831
总利息收入		3,847,954				2,730,804			7,783,515			6,395,518
股息收入
非控制、非关联投资		378,232				669,359			974,530			1,797,891
关联投资		111,736				-			254,231			-
控制投资		1,580,616				982,903			2,979,966			1,868,097
总股息收入		2,070,584				1,652,262			4,208,727			3,665,988
现金及现金等价物利息		45,812				199,266			104,753			240,374
费用收入（见注释 9）		29,673				76,517			40,737			78,625
其他收入		25,000				-			97,774			22
总投资收入		6,019,023				4,658,849			12,235,506			10,380,527

费用：
利息和融资费用		2,578,963				1,567,352			5,124,774			3,109,413
工资和福利		1,185,054				1,524,508			2,213,671			2,949,500
专业费用，净额		577,965				343,150			995,978			700,704
董事费用		204,000				187,500			408,000			375,000
管理费用（见注释 6）		112,829				57,550			197,184			135,402
保险费用		86,498				96,694			174,919			194,450
一般和行政费用		307,739				310,776			529,532			635,837
总费用		5,053,048				4,087,530			9,644,058			8,100,306
净投资收入		965,975				571,319			2,591,448			2,280,221

投资的已实现和未实现收益（损失）
已实现净收益（损失）：
非控制、非关联投资		(1,065,013	)			200,754			103,657			430,558
关联投资		-				(1,991,456	)		-			(1,991,456	)
总已实现净收益（损失）		(1,065,013	)			(1,790,702	)		103,657			(1,560,898	)
未实现收益（损失）的净变化：
非控制、非关联投资		1,183,172				1,796,767			1,991,710			3,161,010
关联投资		(92,367	)			2,282,655			(981,553	)		4,713,918
控制投资		(1,558,264	)			2,512,263			(1,807,602	)		1,311,890
总未实现收益（损失）的净变化		(467,459	)			6,591,685			(797,445	)		9,186,818
递延税收利益（费用），净额		(329,636	)			-			(329,636	)		-
总已实现和未实现收益（损失）		(1,862,108	)			4,800,983			(1,023,424	)		7,625,920

由于运营导致的净资产增加（减少）	$	(896,133	)		$	5,372,302		$	1,568,024		$	9,906,141
每普通股加权平均基本和稀释收益	$	(0.44	)		$	2.62		$	0.78		$	4.81
每普通股加权平均流通股 - 基本和稀释（见注释 11）		2,019,778				2,048,622			2,019,778			2,060,723

PhenixFIN 公司公布 2025 财年第二季度财务业绩 | PFX 股票新闻