Whitehorse Stock Price, News & Analysis

WhiteHorse Finance (WHF) has released its Q4 and full-year 2024 financial results. The company's investment portfolio fair value stood at $642.2 million as of December 31, 2024, down from $654.3 million in Q3 2024. The portfolio comprises 127 positions across 71 companies, with a 12.5% weighted average effective yield on income-producing debt investments.

The portfolio composition includes 78.2% first lien secured loans, 1.3% second lien secured loans, 0.2% unsecured loans, 3.6% equity, and 16.7% in STRS JV investments. During Q4 2024, WHF invested $27.4 million in six new portfolio companies and added $8.0 million to existing investments. The company declared a quarterly distribution of $0.385 per share, payable on April 4, 2025, and paid a special distribution of $0.245 per share in December 2024.

WhiteHorse Finance (Nasdaq: WHF) has announced it will release its fourth quarter and full year financial results for the period ended December 31, 2024, on Friday, March 7, 2025. The company will host a conference call at 2:00 p.m. ET on the same day to discuss the results.

Investors can access the teleconference by dialing 800-267-6316 (domestic) or +1 203-518-9783 (international), using ID #WHFQ424. A replay will be available until March 14, 2025, accessible via 800-839-2389 (domestic) or +1 402-220-7204 (international). The presentation will also be available through webcast on the company's investor relations website.

WhiteHorse Finance (WHF) reported its Q3 2024 financial results, declaring a quarterly distribution of $0.385 per share. Total investment income was $22.851 million, down 2.7% from Q2. The company's investment portfolio fair value stood at $654.3 million, consisting of 129 positions across 73 companies with a weighted average yield of 10.6% on income-producing debt investments. During Q3, WHF made investments in seven new portfolio companies totaling $49.0 million. The portfolio comprises 79.0% first lien secured loans, with almost all loans being variable rate investments. Net asset value per share decreased to $12.77 from $13.45 in Q2 2024.

WhiteHorse Finance, Inc. (Nasdaq: WHF) has announced two key updates:

1. A special distribution of $0.245 per share, payable on December 10, 2024, to stockholders of record as of October 31, 2024. The company notes that distributions may include a return of capital and/or capital gains, with specific tax characteristics to be reported on Form 1099-DIV.

2. The company will release its third quarter 2024 financial results on November 7, 2024, followed by a conference call at 11:30 a.m. ET. Investors can access the call via phone or the company's website. A replay will be available until November 14, 2024, through various channels.

WhiteHorse Finance (Nasdaq: WHF) announced its Q2 2024 financial results and declared a quarterly distribution of $0.385 per share. Key highlights include:

- Total investment income: $23.482 million, down 7.8% from Q1
- Net investment income: $9.292 million ($0.400 per share), down 14.1% from Q1
- Net asset value per share: $13.45, down 0.4% from Q1
- Investment portfolio fair value: $660.0 million, down 5.4% from Q1
- Weighted average effective yield on debt investments: 11.7%

CEO Stuart Aronson noted that despite challenges, WhiteHorse generated core net investment income exceeding the regular dividend. The company is focusing on credits with positive free cash flow, cyclicality, and strong owners, maintaining rigorous underwriting standards in an aggressive lending market.

WhiteHorse Finance (Nasdaq: WHF) will release its Q2 2024 financial results on August 8, 2024. The results will be available for the period ending June 30, 2024. A conference call to discuss these results will be held the same day at 9:00 a.m. ET. Investors can join the call by dialing 800-343-5172 (domestic) or +1 785-264-8342 (international), referencing ID #WHFQ224. The call can also be accessed via the investor relations section of WhiteHorse Finance's website. A replay of the teleconference will be available two hours post-call until August 15, 2024, by dialing 800-925-9941 or +1 402-220-5395 for international callers. A webcast replay will also be available on the company's website.

WhiteHorse Finance, Inc. announced its Q1 2024 financial results with total investment income of $25,475, net investment income per share of $0.465, and a total investment portfolio valued at $697.9 million as of March 31, 2024. The company declared a distribution of $0.385 per share for the quarter and reported a net increase in net assets resulting from operations of $5,969.