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.

紐約，2025年12月12日（全球新聞通訊）——PhenixFIN Corporation（納斯達克：PFX，PFXNZ）（“公司”），一家上市的商業發展公司，今天公佈了 2025 財年及第四財季的財務業績。

Highlights

亮點

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

第四季度總投資收入為 690 萬美元；淨投資收入為 140 萬美元
截至2025年9月30日，淨資產值（NAV）為 1.608 億美元，或每股 80.24 美元，較2024年9月30日的每股 79.37 美元有所上升
截至財年末，債務及其他收益投資的加權平均收益率為 12.8%

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

公司首席執行官 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 財年，我們始終專注於執行我們的戰略，以提高每股淨資產值並增強股東價值。我們在整個年度持續進行股票回購計劃，並在 2 月份支付了每股 1.43 美元的特別股息。我們始終積極監控我們的投資組合，並評估經濟和市場發展的潛在影響。在本季度，由於 First Brands Group 延遲重組第一留置權定期貸款，我們迅速以接近平價（95.5）出售了我們所有的持倉，這展示了我們在投資前景變化時保護資本的靈活性。我們期待在 2026 年及以後繼續為股東創造價值。”

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

截至2025年9月30日的 2025 財年第四季度財務業績摘要：

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.

總投資收入為 690 萬美元，其中 670 萬美元來自投資組合的利息和股息收入，20 萬美元來自費用和其他收入。

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

總淨費用為 550 萬美元，總淨投資收入為 140 萬美元。

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

公司記錄了 4 萬美元的淨實現損失和 220 萬美元的淨未實現收益。

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

截至2025年9月30日的投資組合和投資活動：

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

公司的投資組合公允價值總計為 3.023 億美元，包含 36 家投資組合公司。

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

公司有 1 家投資組合公司處於不計息狀態，公允市場價值為 0.0 萬美元。

Liquidity and Capital Resources

流動性和資本資源

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，公司擁有 730 萬美元的現金及現金等價物，5920 萬美元的 2028 年到期的 5.25% 無擔保債券的總本金，以及 9000 萬美元的信貸額度未償還。

ABOUT PHENIXFIN CORPORATION

關於 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、內部管理的封閉式管理投資公司，註冊於特拉華州，並選擇根據 1940 年投資公司法（經修訂）作為商業發展公司進行監管。我們於2011年1月20日完成首次公開募股並開始運營。公司已選擇並打算每年申請，作為美國聯邦所得税目的，按照 1986 年《國內税收法》第 M 小節（經修訂）被視為受監管的投資公司。自2021年1月1日起，公司在內部管理結構下運營。

SAFE HARBOR STATEMENT AND OTHER DISCLOSURES

安全港聲明及其他披露

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.

本新聞稿包含 “前瞻性” 聲明。這些前瞻性聲明反映了對未來事件和財務表現的當前看法，公司可能會在本日期或之後進行相關的口頭前瞻性聲明。這些前瞻性聲明受到預測未來結果和條件固有的不確定性的影響。某些因素可能導致實際結果和條件與這些前瞻性聲明中預測的結果有實質性差異，包括但不限於，PhenixFIN 為股東創造價值的能力、增加投資活動、增加淨投資收入、實施投資策略和實現投資目標、尋找並利用投資機會、提高淨資產值以及在當前市場環境中表現良好的能力、我們的投資組合公司表現良好併產生收入的能力，以及公司定期向證券交易委員會提交的文件中列舉的其他因素。PhenixFIN Corporation 不承擔更新或修訂本新聞稿中任何前瞻性聲明的義務。

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.

過去的表現並不保證未來的結果。 本新聞稿包含未經審計的財務結果。為便於審閲，我們在四捨五入結果時省略了 “約” 的字眼。本新聞稿僅供信息參考，並不是購買或出售 PhenixFIN Corporation 普通股的要約或招攬。不能保證 PhenixFIN Corporation 將實現其投資目標。

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

有關 PhenixFIN 投資者關係，請致電 212-859-0390。媒體諮詢請聯繫 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
合併資產負債表

	截至
2025年9月30日		截至
2024年9月30日
資產：
公允價值投資
非控制性、非關聯投資（攤銷成本分別為 139,342,491 美元和 143,179,354 美元）	$	145,280,169		$	142,233,426
關聯投資（攤銷成本分別為 35,390,223 美元和 20,564,242 美元）		35,381,405			14,750,785
控制性投資（攤銷成本分別為 149,656,451 美元和 97,016,429 美元）		121,610,914			70,931,647
公允價值投資總額		302,272,488			227,915,858
現金及現金等價物		7,289,371			67,571,559
應收款項：
應收利息		1,203,404			1,313,598
其他應收款		44,971			65,838
應收股息		42,950			23,468
其他資產		2,746,775			1,066,323
遞延所得税資產，淨額		1,234,847			887,099
遞延融資成本		1,384,767			760,680
應收關聯方		572,331			90,500
預付股份回購		96,342			101,115
應收已售投資款		21,549			2,955,775
資產總計	$	316,909,795		$	302,751,813

負債：
信貸設施及應付票據（扣除債務發行成本分別為 1,141,393 美元和 1,510,815 美元）	$	148,011,724		$	135,723,636
應付賬款及應計費用		4,226,889			5,570,150
其他負債		2,439,405			294,063
應付利息及費用		1,187,574			768,043
應付税款		137,538			-
應付關聯方		132,365			88,148
負債總計		156,135,495			142,444,040

承諾和或有事項（見附註 8）

淨資產：
普通股，面值 0.001 美元；授權 5,000,000 股；已發行 2,723,709 股；流通股 2,003,769 股和 2,019,778 股		2,004			2,020
超過面值的資本		704,640,648			704,909,588
可分配收益（損失）總額		(543,868,352	)		(544,603,835	)
淨資產總計		160,774,300			160,307,773
負債和淨資產總計	$	316,909,795		$	302,751,813

每股淨資產價值	$	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
合併經營報表

	截至 9 月 30 日的年度
	2025			2024			2023
利息收入：
投資利息
非控制、非關聯投資：
現金	$	12,190,186			$	10,231,111		$	8,031,539
實物支付		1,355,918				938,879			506,555
關聯投資：
現金		614,409				742,881			1,925,293
實物支付		-				-			460,856
控制投資：
現金		2,452,227				2,121,713			667,312
實物支付		-				268,831			557,981
總利息收入		16,612,740				14,303,415			12,149,536
股息收入
非控制、非關聯投資		2,183,106				2,691,393			3,139,592
關聯投資		254,231				199,388			-
控制投資		5,024,928				3,972,352			3,716,676
總股息收入		7,462,265				6,863,133			6,856,268
現金及現金等價物利息		194,954				500,079			400,031
費用收入（見註釋 9）		992,363				514,949			324,290
其他收入		-				22			402,138
總投資收入		25,262,322				22,181,598			20,132,263

費用：
利息和融資費用		10,278,961				6,609,473			5,531,833
薪資和福利		5,067,324				6,850,792			4,186,852
專業費用，淨額		1,977,541				1,462,766			1,404,676
一般和行政費用		1,239,221				1,093,922			983,274
董事費用		816,000				750,000			728,833
管理費用（見註釋 6）		404,941				301,931			320,310
保險費用		338,013				378,854			466,319
總費用		20,122,001				17,447,738			13,622,097
淨投資收入		5,140,321				4,733,860			6,510,166

投資的已實現和未實現收益（損失）
淨已實現收益（損失）：
非控制、非關聯投資		(1,618,869	)			740,924			(10,538,228	)
關聯投資		(10,316,867	)			(1,991,456	)		(1,018,267	)
控制投資		13,230				8,542,831			23,456
總淨已實現收益（損失）		(11,922,506	)			7,292,299			(11,533,039	)
未實現收益（損失）的淨變化：
非控制、非關聯投資		6,883,606				7,862,162			15,954,552
關聯投資		5,804,639				5,130,836			7,327,399
控制投資		(1,960,755	)			(7,287,134	)		8,659,262
總未實現收益（損失）的淨變化		10,727,490				5,705,864			31,941,213
遞延税收收益（費用）		210,210				887,099			-
總已實現和未實現收益（損失）		(984,806	)			13,885,262			20,408,174

由於經營活動導致的淨資產增加（減少）	$	4,155,515			$	18,619,122		$	26,918,340

每普通股加權平均基本和稀釋收益	$	2.06			$	9.13		$	12.87
每普通股加權平均流通股 - 基本和稀釋（見註釋 11）		2,015,157				2,040,253			2,092,326

PhenixFIN 公司公佈 2025 財年及第四季度財務業績 | PFX 股票新聞