Horizon Technology Finance

Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Horizon Technology Finance excels in Q2 amidst venture challenges

Horizon Technology Finance delivered a strong performance in Q2 2024, supported by a resilient venture lending business and effective portfolio management.
While facing challenges in the venture capital environment and market uncertainties, the company remains focused on growth and stability.
Opportunities for portfolio expansion, funding, and strategic partnerships position Horizon Technology Finance for future success and value creation.

Horizon Technology Finance (HRZN) posts strong Q3 results amid growth opportunities

Horizon Technology Finance (HRZN) delivered a strong financial performance in Q3 2024, driven by robust net investment income and strategic partnerships.
While facing challenges in asset quality management and financial uncertainties, HRZN's focus on balance sheet strengthening and growth opportunities positions it well for the future.
By capitalizing on positive market trends, venture debt financing, and effective balance sheet management, HRZN aims to sustain its growth trajectory and enhance shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Horizon Technology Finance Corp., a traded fund, invests in companies located in the United States. The fund targets companies operating in the fields of technology, life science and sustainability sectors. It provides financing for later stage capital requirements.

FARMINGTON, Conn. , Oct. 24, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it has provided a $17 million venture loan facility to Robin Healthcare, Inc. ("Robin"), of which $7 million has been initially funded.

Horizon Technology Finance Provides $17 Million Venture Loan Facility to Robin Healthcare

FARMINGTON, Conn. , Oct. 18, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the third quarter ended September 30, 2022 on Tuesday, November 1, 2022, after the close of market trading.

Horizon Technology Finance to Announce Third Quarter 2022 Financial Results

Horizon Technology Finance (HRZN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Horizon Technology Finance (HRZN) Expected to Beat Earnings Estimates: Should You Buy?

FARMINGTON, Conn. , Oct. 11, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it has provided $30 million to Kodiak Robotics, Inc. ("Kodiak") in the form of a growth capital credit facility.

Horizon Technology Finance Provides $30 Million of Growth Capital to Kodiak Robotics

EPR Properties

Gladstone Capital

For retirees, cheap monthly dividend stocks can be a great way to combat inflation. This type of investment provides a consistent and predictable stream of income that can help offset the rising cost of living.

3 Monthly Dividend Stocks That Are Too Cheap to Ignore

Gladstone Investment

GAIN and HRZN are two BDCs with different approaches, but the end result has been regular payouts to investors. GAIN is a relatively more diversified BDC that could provide a bit more diversification and protection for the downside.

Gladstone Investment And Horizon: 2 BDCs Providing Investors Regular Income

AGNC Investment

PennantPark Floating Rate Capital

These passive-income powerhouses average a 9.73% yield, which means an initial investment of $37,000, split equally, would net you $300/month in dividend income.

Want $300 in Monthly Dividend Income? This Ultra-High-Yield Stock Trio Can Make It Happen

IRVINE, Calif. , Aug. 8, 2022 /PRNewswire/ -- InBrace, the orthodontic company behind the novel Smartwire® technology, announced that it has closed $45 million in financing led by Horizon Technology Finance Corporation (NASDAQ: HRZN).

InBrace Closes New Round of $45M Financing To Accelerate Growth And Market Expansion

Horizon Technology Finance Corp Notes 2017-15.09.22

Horizon Technology Finance (NASDAQ:HRZN ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Megan Bacon - Director, Investor Relations & Marketing Rob Pomeroy - Chairman & Chief Executive Officer Jerry Michaud - President Dan Trolio - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Megan Bacon Thank you and welcome to Horizon Technology Finance Corporation Second Quarter 2022 Conference Call. Representing the company today are Rob Pomeroy, Chairman and Chief Executive Officer; Jerry Michaud, President; and Dan Trolio, Chief Financial Officer.

Horizon Technology Finance (HRZN) CEO Rob Pomeroy on Q2 2022 Results - Earnings Call Transcript

Horizon Technology Finance (HRZN) delivered earnings and revenue surprises of 12.90% and 15.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Technology Finance (HRZN) Q2 Earnings and Revenues Beat Estimates

FARMINGTON, Conn. , Aug. 2, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.10 per share payable in each of October, November and December 2022.

Horizon Technology Finance Announces Monthly Distributions for October, November and December 2022 Totaling $0.30 per Share

-  Net Investment Income per Share of $0.35; NAV per Share of $11.69 - - Grew Portfolio Year over Year by 43% to Record $577 Million - - Horizon Platform Ends Quarter with Record Committed Backlog of $267 Million, Including Record $221 Million in HRZN Commitments - - Debt Portfolio Yield of 14.2% - - Declares Regular Monthly Distributions Totaling $0.30 per Share - FARMINGTON, Conn. , Aug. 2, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the second quarter ended June 30, 2022.

Horizon Technology Finance Announces Second Quarter 2022 Financial Results

Eagle Point Income Company Inc

FAT Brands

Great Elm Capital Group

Harbor Custom Development, Inc.

BitNile Holdings

NexPoint Real Estate Finance

New York Community Bancorp

Oxford Lane Capital

PacWest Bancorp

Sotherly Hotels

Trinity Capital

As July 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the past two months, offering annual yields ranging from 6.25%-13%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric:

New Preferred Stock IPOs, June And July 2022

FARMINGTON, Conn. , July 19, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the second quarter ended June 30, 2022 on Tuesday, August 2, 2022, after the close of market trading.

Horizon Technology Finance to Announce Second Quarter 2022 Financial Results

Pembina Pipeline

Sabine Royalty Trust

Stock prices are down, but the yields of these best high-yield dividend stocks are up and provide investors with protection in a bear market. The post 3 Best High-Yield Monthly Dividend Stocks to Buy Now in July 2022 appeared first on InvestorPlace.

3 Best High-Yield Monthly Dividend Stocks to Buy Now in July 2022

IMV Inc

-     Horizon Platform Originates Record $192 Million of New Loans in Q2, Including $137 Million of New Loans for HRZN -  -     Horizon Platform Ends Quarter with Record Committed Backlog of $267 Million, Including $221 Million in HRZN Commitments -    FARMINGTON, Conn. , July 13, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today provided its portfolio update for the second quarter ended June 30, 2022 and an update on the lending platform ("Horizon Platform") of Horizon Technology Finance Management LLC ("HTFM"), its investment adviser.

Horizon Technology Finance Provides Second Quarter 2022 Portfolio Update

FARMINGTON, Conn. , July 12, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, along with lending partner Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of  debt and equipment financing to growth stage companies, announced today that they provided an additional $20 million venture loan to Nexii Building Solutions Inc. ("Nexii"), a green construction company that designs and manufactures low carbon buildings and products.

Horizon Technology Finance and Trinity Capital Provide Additional $20 Million Venture Loan to Nexii

Latest fundraising round will accelerate production of Nexii's sustainable construction solutions VANCOUVER,BC , July 12, 2022 /PRNewswire/ -- Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations) – Green construction company Nexii Building Solutions today announced an additional C$45 million (US$35M) fundraise led by Horizon Technology Finance Corporation (NASDAQ: HRZN) and Trinity Capital Inc. (NASDAQ: TRIN). The funds will help accelerate Nexii's continued growth and manufacturing capacity in order to meet surging demand for sustainable construction solutions.

Nexii Announces $45M CAD in Funding, Now Valued at Over $2 Billion

FARMINGTON, Conn. , July 11, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it closed a $45 million venture loan facility to Swift Health Systems, Inc. (dba InBrace) ("InBrace"), of which Horizon funded $7 million of the initial $10 million draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $3 million.

Horizon Technology Finance Leads $45 Million Venture Loan Facility to InBrace

Western Alliance Bancorporation

LOS ANGELES , July 7, 2022 /PRNewswire/ -- Divergent Technologies Inc. ("Divergent"), the company that has developed the world's first end-to-end digital production system to revolutionize industrial-scale manufacturing, announced today that it has closed a new $60 million venture loan facility led by Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), and a new $20 million revolving line of credit provided by Bridge Bank, a division of Western Alliance Bank (NYSE: WAL) ("Bridge Bank"). The new facilities follow Divergent's successful $160 million Series C funding earlier this year.

Divergent Technologies Strengthens Capital Resources with $60 Million Loan Facility Led by Horizon Technology Finance and $20 Million Line of Credit from Bridge Bank

Horizon Technology Finance provides venture capital to growth industries. The BDC funds its monthly dividend through investments in debt securities.

Horizon Technology Finance: A High Quality, 10.4% Yielding Tech-Focused BDC

ARMOUR Residential REIT

Broadmark Realty Capital Inc.

Ellington Residential Mortgage REIT

Ellington Financial

Generation Income Properties

Stellus Capital Investment

SL Green Realty

Solar Capital

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (102); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.23% (80).

102 MoPay Dividend Stocks Plus 80 Funds Jump In June

HRZN is a small and growing BDC that's demonstrating strong portfolio yields. It's well positioned to fund its pipeline and has a large addressable market.

Horizon Technology Finance: Put This 10.4% Yield On Your Radar

DARTMOUTH, Nova Scotia & CAMBRIDGE, Mass.--(BUSINESS WIRE)--IMV Inc. (NASDAQ: IMV; TSX: IMV), a clinical-stage company developing a portfolio of immune-educating therapies based on its novel DPX® platform to treat solid and hematologic cancers, today announced the drawdown of the remaining US$10 million available under its existing US$25 million debt facility led by Horizon Technology Finance Corporation (Nasdaq: HRZN) ("Horizon"). This drawdown has been made available as the Company achieved a

IMV Strengthens Its Financial Position With the $US10 Million Drawdown From Its Existing Long-Term Debt Facility

FARMINGTON, Conn. , June 10, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon") announced today that it has priced an underwritten public offering of $50.0 million aggregate principal amount of notes due 2027 (the "Notes"), which will result in net proceeds to the Company of approximately $48.25 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Horizon Technology Finance Corporation Prices Offering of Notes

News for Horizon Technology Finance ETF (HRZN)