Horizon Technology Finance Corporation

General ticker "HRZN" information:

Horizon Technology Finance Corporation does not follow the US Stock Market performance with the rate: -14.7%.

Estimated limits based on current volatility of 2.2%: low 4.55$, high 4.76$

Factors to consider:

Company pays dividends (irregularly): last record date 2026-08-17, amount 0.09$ (Y1.87%)
Total employees count: 13 as of 2010
Top business risk factors: Acquisition/divestiture risks, BDC constraints, RIC tax loss, Management dependency, Capital raising
Earnings for 6 months up through Q2 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

Financial Metrics affecting the HRZN estimates:

Positive: with PPE of 6.1 at the end of fiscal year the price was low
Positive: Operating cash flow per share per price, % of 21.07 > 13.08
Positive: -4.23 < Operating profit margin, % of -3.84
Negative: Industry earnings per price (median), % of 0 <= 0
Negative: Industry operating cash flow per share per price (median), % of 3.25 <= 5.56

YTD	2023-12-31	2024-12-31	2025-12-31
Operating Revenue	$19.10MM	$33.94MM	$40.02MM
Operating Expenses	$34.80MM	$38.10MM	$41.62MM
Operating Income	$-15.70MM	$-4.16MM	$-1.60MM
Interest Expense	$28.97MM	$32.26MM	$32.80MM
Income(Loss)	$-15.70MM	$-4.16MM	$-1.60MM
Taxes	$1.49MM	$1.48MM	$1.06MM
Net Income(Loss)*	$-17.18MM	$-5.63MM	$-2.66MM
Stockholders Equity	$323.98MM	$336.18MM	$318.50MM
Assets	$802.36MM	$821.83MM	$811.10MM
Operating Cash Flow	$-5.26MM	$3.94MM	$56.63MM
Financing Cash Flow	$50.51MM	$21.21MM	$-14.80MM
Earnings Per Share**	$-0.56	$-0.16	$-0.06

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.