NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the "Company"), a publicly traded business development company, today announced its financial results for the fiscal year and the fourth fiscal quarter of 2025.

纽约，2025年12月12日（全球新闻通讯）——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 2025 财年及第四财季的财务业绩。

Highlights

亮点

Fourth quarter total investment income of $6.9 million; net investment income of $1.4 million
Net asset value (NAV) of $160.8 million, or $80.24 per share as of September 30, 2025, vs. $79.37 per share as of September 30, 2024
Weighted average yield was 12.8% on debt and other income producing investments as of the fiscal year end

第四季度总投资收入为 690 万美元；净投资收入为 140 万美元
截至2025年9月30日，净资产值（NAV）为 1.608 亿美元，或每股 80.24 美元，较2024年9月30日的每股 79.37 美元有所上升
截至财年末，债务及其他收益投资的加权平均收益率为 12.8%

David Lorber, Chief Executive Officer of the Company, stated:

公司首席执行官 David Lorber 表示：

“Throughout fiscal year 2025, we remained focused on executing our strategy to grow NAV per share and enhance shareholder value. We continued our share repurchase program throughout the year, and in February we paid a special dividend of $1.43 per share. As always, we actively monitor our portfolio and assess potential impacts from economic and market developments. During the quarter, upon First Brands Group’s delayed refinancing of the First Lien Term Loan, we quickly sold our entire position at nearly par (95.5), a demonstration of our nimbleness in seeking to protect capital when our investment outlook changes. We look forward to delivering continued value for shareholders in 2026 and beyond.”

“在 2025 财年，我们始终专注于执行我们的战略，以提高每股净资产值并增强股东价值。我们在整个年度持续进行股票回购计划，并在 2 月份支付了每股 1.43 美元的特别股息。我们始终积极监控我们的投资组合，并评估经济和市场发展的潜在影响。在本季度，由于 First Brands Group 延迟重组第一留置权定期贷款，我们迅速以接近平价（95.5）出售了我们所有的持仓，这展示了我们在投资前景变化时保护资本的灵活性。我们期待在 2026 年及以后继续为股东创造价值。”

Selected Fourth Quarter 2025 Financial Results for the Quarter Ended September 30, 2025:

截至2025年9月30日的 2025 财年第四季度财务业绩摘要：

Total investment income was $6.9 million of which $6.7 million was attributable to portfolio interest and dividend income and $0.2 million was attributable to fee and other income.

总投资收入为 690 万美元，其中 670 万美元来自投资组合的利息和股息收入，20 万美元来自费用和其他收入。

Total net expenses were $5.5 million and total net investment income was $1.4 million.

总净费用为 550 万美元，总净投资收入为 140 万美元。

The Company recorded a net realized loss of $0.04 million and net unrealized gain of $2.2 million.

公司记录了 4 万美元的净实现损失和 220 万美元的净未实现收益。

Portfolio and Investment Activities for the Quarter Ended September 30, 2025:

截至2025年9月30日的投资组合和投资活动：

The fair value of the Company's investment portfolio totaled $302.3 million and consisted of 36 portfolio companies.

公司的投资组合公允价值总计为 3.023 亿美元，包含 36 家投资组合公司。

The Company had 1 portfolio company investment on non-accrual status with a fair market value of $0.0 million.

公司有 1 家投资组合公司处于不计息状态，公允市场价值为 0.0 万美元。

Liquidity and Capital Resources

流动性和资本资源

At September 30, 2025, the Company had $7.3 million in cash and cash equivalents, $59.2 million in aggregate principal amount of its 5.25% unsecured notes due 2028 and $90.0 million outstanding under the Credit Facility.

截至2025年9月30日，公司拥有 730 万美元的现金及现金等价物，5920 万美元的 2028 年到期的 5.25% 无担保债券的总本金，以及 9000 万美元的信贷额度未偿还。

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，并选择根据 1940 年投资公司法（经修订）作为商业发展公司进行监管。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 小节（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 deliver value to shareholders, increase investment activity, increase net investment income, implement its investment strategy and achieve its investment objective, source and capitalize on investment opportunities, grow its net asset value and perform well in the prevailing market environment, the ability of our portfolio companies 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，公司可能会在本日期或之后进行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有实质性差异，包括但不限于，PhenixFIN 为股东创造价值的能力、增加投资活动、增加净投资收入、实施投资策略和实现投资目标、寻找并利用投资机会、提高净资产值以及在当前市场环境中表现良好的能力、我们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.

过去的表现并不保证未来的结果。 本新闻稿包含未经审计的财务结果。为便于审阅，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。

For PhenixFIN investor relations, please call 212-859-0390. For media inquiries, please contact info@phenixfc.com.

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


PHENIXFIN CORPORATION
Consolidated Statements of Assets and Liabilities

	September 30, 2025			September 30, 2024
Assets:
Investments at fair value
Non-controlled, non-affiliated investments (amortized cost of $139,342,491 and $143,179,354 respectively)	$	145,280,169			$	142,233,426
Affiliated investments (amortized cost of $35,390,223 and $20,564,242, respectively)		35,381,405				14,750,785
Controlled investments (amortized cost of $149,656,451 and $97,016,429, respectively)		121,610,914				70,931,647
Total Investments at fair value		302,272,488				227,915,858
Cash and cash equivalents		7,289,371				67,571,559
Receivables:
Interest receivable		1,203,404				1,313,598
Other receivable		44,971				65,838
Dividends receivable		42,950				23,468
Other assets		2,746,775				1,066,323
Deferred tax asset, net		1,234,847				887,099
Deferred financing costs		1,384,767				760,680
Due from Affiliate		572,331				90,500
Prepaid share repurchase		96,342				101,115
Receivable for investments sold		21,549				2,955,775
Total Assets	$	316,909,795			$	302,751,813

Liabilities:
Credit facility and notes payable (net of debt issuance costs of $1,141,393 and $1,510,815, respectively)	$	148,011,724			$	135,723,636
Accounts payable and accrued expenses		4,226,889				5,570,150
Other liabilities		2,439,405				294,063
Interest and fees payable		1,187,574				768,043
Taxes payable		137,538				-
Due to Affiliate		132,365				88,148
Total Liabilities		156,135,495				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; 2,003,769 and 2,019,778 common shares outstanding, respectively		2,004				2,020
Capital in excess of par value		704,640,648				704,909,588
Total distributable earnings (loss)		(543,868,352	)			(544,603,835	)
Total Net Assets		160,774,300				160,307,773
Total Liabilities and Net Assets	$	316,909,795			$	302,751,813

Net Asset Value Per Common Share	$	80.24			$	79.37


PHENIXFIN CORPORATION
合并资产负债表

	截至
2025年9月30日		截至
2024年9月30日
资产：
公允价值投资
非控制性、非关联投资（摊销成本分别为 139,342,491 美元和 143,179,354 美元）	$	145,280,169		$	142,233,426
关联投资（摊销成本分别为 35,390,223 美元和 20,564,242 美元）		35,381,405			14,750,785
控制性投资（摊销成本分别为 149,656,451 美元和 97,016,429 美元）		121,610,914			70,931,647
公允价值投资总额		302,272,488			227,915,858
现金及现金等价物		7,289,371			67,571,559
应收款项：
应收利息		1,203,404			1,313,598
其他应收款		44,971			65,838
应收股息		42,950			23,468
其他资产		2,746,775			1,066,323
递延所得税资产，净额		1,234,847			887,099
递延融资成本		1,384,767			760,680
应收关联方		572,331			90,500
预付股份回购		96,342			101,115
应收已售投资款		21,549			2,955,775
资产总计	$	316,909,795		$	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 1,141,393 美元和 1,510,815 美元）	$	148,011,724		$	135,723,636
应付账款及应计费用		4,226,889			5,570,150
其他负债		2,439,405			294,063
应付利息及费用		1,187,574			768,043
应付税款		137,538			-
应付关联方		132,365			88,148
负债总计		156,135,495			142,444,040

承诺和或有事项（见附注 8）

净资产：
普通股，面值 0.001 美元；授权 5,000,000 股；已发行 2,723,709 股；流通股 2,003,769 股和 2,019,778 股		2,004			2,020
超过面值的资本		704,640,648			704,909,588
可分配收益（损失）总额		(543,868,352	)		(544,603,835	)
净资产总计		160,774,300			160,307,773
负债和净资产总计	$	316,909,795		$	302,751,813

每股净资产价值	$	80.24		$	79.37


PHENIXFIN CORPORATION
Consolidated Statements of Operations

	For the Year Ended September 30,
	2025			2024			2023
Interest Income:
Interest from investments
Non-controlled, non-affiliated investments:
Cash	$	12,190,186			$	10,231,111		$	8,031,539
Payment in-kind		1,355,918				938,879			506,555
Affiliated investments:
Cash		614,409				742,881			1,925,293
Payment in-kind		-				-			460,856
Controlled investments:
Cash		2,452,227				2,121,713			667,312
Payment in-kind		-				268,831			557,981
Total interest income		16,612,740				14,303,415			12,149,536
Dividend income
Non-controlled, non-affiliated investments		2,183,106				2,691,393			3,139,592
Affiliated investments		254,231				199,388			-
Controlled investments		5,024,928				3,972,352			3,716,676
Total dividend income		7,462,265				6,863,133			6,856,268
Interest from cash and cash equivalents		194,954				500,079			400,031
Fee income (see Note 9)		992,363				514,949			324,290
Other income		-				22			402,138
Total Investment Income		25,262,322				22,181,598			20,132,263

Expenses:
Interest and financing expenses		10,278,961				6,609,473			5,531,833
Salaries and benefits		5,067,324				6,850,792			4,186,852
Professional fees, net		1,977,541				1,462,766			1,404,676
General and administrative expenses		1,239,221				1,093,922			983,274
Directors fees		816,000				750,000			728,833
Administrator expenses (see Note 6)		404,941				301,931			320,310
Insurance expenses		338,013				378,854			466,319
Total expenses		20,122,001				17,447,738			13,622,097
Net Investment Income		5,140,321				4,733,860			6,510,166

Realized and unrealized gains (losses) on investments
Net realized gains (losses):
Non-controlled, non-affiliated investments		(1,618,869	)			740,924			(10,538,228	)
Affiliated investments		(10,316,867	)			(1,991,456	)		(1,018,267	)
Controlled investments		13,230				8,542,831			23,456
Total net realized gains (losses)		(11,922,506	)			7,292,299			(11,533,039	)
Net change in unrealized gains (losses):
Non-controlled, non-affiliated investments		6,883,606				7,862,162			15,954,552
Affiliated investments		5,804,639				5,130,836			7,327,399
Controlled investments		(1,960,755	)			(7,287,134	)		8,659,262
Total net change in unrealized gains (losses)		10,727,490				5,705,864			31,941,213
Deferred tax benefit (expense)		210,210				887,099			-
Total realized and unrealized gains (losses)		(984,806	)			13,885,262			20,408,174

Net Increase (Decrease) in Net Assets Resulting from Operations	$	4,155,515			$	18,619,122		$	26,918,340

Weighted average basic and diluted earnings per common share	$	2.06			$	9.13		$	12.87
Weighted average common shares outstanding - basic and diluted (see Note 11)		2,015,157				2,040,253			2,092,326


PHENIXFIN CORPORATION
合并经营报表

	截至 9 月 30 日的年度
	2025			2024			2023
利息收入：
投资利息
非控制、非关联投资：
现金	$	12,190,186			$	10,231,111		$	8,031,539
实物支付		1,355,918				938,879			506,555
关联投资：
现金		614,409				742,881			1,925,293
实物支付		-				-			460,856
控制投资：
现金		2,452,227				2,121,713			667,312
实物支付		-				268,831			557,981
总利息收入		16,612,740				14,303,415			12,149,536
股息收入
非控制、非关联投资		2,183,106				2,691,393			3,139,592
关联投资		254,231				199,388			-
控制投资		5,024,928				3,972,352			3,716,676
总股息收入		7,462,265				6,863,133			6,856,268
现金及现金等价物利息		194,954				500,079			400,031
费用收入（见注释 9）		992,363				514,949			324,290
其他收入		-				22			402,138
总投资收入		25,262,322				22,181,598			20,132,263

费用：
利息和融资费用		10,278,961				6,609,473			5,531,833
薪资和福利		5,067,324				6,850,792			4,186,852
专业费用，净额		1,977,541				1,462,766			1,404,676
一般和行政费用		1,239,221				1,093,922			983,274
董事费用		816,000				750,000			728,833
管理费用（见注释 6）		404,941				301,931			320,310
保险费用		338,013				378,854			466,319
总费用		20,122,001				17,447,738			13,622,097
净投资收入		5,140,321				4,733,860			6,510,166

投资的已实现和未实现收益（损失）
净已实现收益（损失）：
非控制、非关联投资		(1,618,869	)			740,924			(10,538,228	)
关联投资		(10,316,867	)			(1,991,456	)		(1,018,267	)
控制投资		13,230				8,542,831			23,456
总净已实现收益（损失）		(11,922,506	)			7,292,299			(11,533,039	)
未实现收益（损失）的净变化：
非控制、非关联投资		6,883,606				7,862,162			15,954,552
关联投资		5,804,639				5,130,836			7,327,399
控制投资		(1,960,755	)			(7,287,134	)		8,659,262
总未实现收益（损失）的净变化		10,727,490				5,705,864			31,941,213
递延税收收益（费用）		210,210				887,099			-
总已实现和未实现收益（损失）		(984,806	)			13,885,262			20,408,174

由于经营活动导致的净资产增加（减少）	$	4,155,515			$	18,619,122		$	26,918,340

每普通股加权平均基本和稀释收益	$	2.06			$	9.13		$	12.87
每普通股加权平均流通股 - 基本和稀释（见注释 11）		2,015,157				2,040,253			2,092,326

PhenixFIN 公司公布 2025 财年及第四季度财务业绩 | PFX 股票新闻