profit from every $100 of sales.
$0$100
Horizon Technology Finance
$3.72-1.06% today
-44.0% in 1 year
1-year low $3.721-year high $6.78
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Horizon Technology Finance sold, what it kept, and what it did with the cash.
Sales went from $26.6 million in 2022 to $7.22 million in 2025, with -$2.66 million of profit last year.
SalesProfit
Horizon Technology Finance handed back 94% of the cash it generated last year.
$53M
Free cash flow 2025$57M
Bought back its own shares–
Paid as dividends$53M
Cash vs. debt$106M vs. $473M
Horizon Technology Finance vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Horizon Technology Finance | No profit yet | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Horizon Technology Finance's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 27 | -10 | 2 | 7 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 21 | -17 | -6 | -3 | |
| 0.86 | -0.56 | -0.16 | -0.06 | |
| – | – | – | – | |
| – | – | – | – | |
| 79.4% | 174.1% | -333.9% | -36.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 767 | 802 | 822 | 811 |
| Cash | 21 | 47 | 70 | 106 |
| Total debt | 434 | 462 | 468 | 473 |
| Total liabilities | 448 | 478 | 486 | 493 |
| 318 | 324 | 336 | 319 | |
| 25 | 31 | 36 | 42 | |
| – | – | – | – | |
| 6.6% | -5.3% | -1.7% | -0.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -246 | -5 | 4 | 57 | |
| – | – | – | – | |
| -246 | -5 | 4 | 57 | |
| Dividends paid | 30 | 41 | 46 | 53 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- 5.0×
- –
- 0.6×
- 33.6×
- 4.3×
- –
- 23.4%
- -1.1%
- 29.1%
Profitability
- 60.3%
- 42.6%
- -36.9%
- 40.7%
- 65.4%
- 1.0%
- 6.9%
- 2.7%
- 4.2%
- –
Growth
- −35.3%
- –
- +42.9%
- +1.1%
- +20.6%
Financial health
- 13.6×
- 1.34
- 56.5%
- 1.0×
- 1.83
- 1.83
- 0.09
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 754
Top 20%of 605
Bottom 4%of 880
Top 8%of 929
What analysts expect
- Average price target
- $6.50
- Range
- $6.50 – $6.50
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.19 | 0.19 | +0.0% |
| Mar 3, 2026 | 0.18 | 0.29 | −38.3% |
| Oct 28, 2025 | 0.31 | 0.28 | +10.7% |
| Aug 7, 2025 | 0.28 | 0.28 | +0.0% |
| Apr 29, 2025 | 0.27 | 0.33 | −18.2% |
| Mar 4, 2025 | 0.27 | 0.33 | −18.2% |
| Oct 29, 2024 | 0.32 | 0.35 | −8.6% |
| Jul 30, 2024 | 0.36 | 0.34 | +5.9% |
29.1%of the share price, paid each year
On $1,000 invested$291a year at today's yield, before tax
+1.1%2020 to 2025
Raised–not every year
Paid per share, each year
$1.38 in 2015 → $1.32 in 2025
How safe it looks
255.4% of its profit
Room to growStretchedMore than it earns: 93.8%
News
New Horizon Aircraft Ltd. Q1 2027 Earnings Call SummaryYahoo Finance · Oct 9, 2026Alerus, Horizon Bancorp, IBCP upgraded at Piper, two stocks downgradedSeeking Alpha · Oct 2, 2026SK Telecom's SK Horizon Spinoff: A New AI Growth Engine for SKM?Yahoo Finance · Aug 28, 2026IREN Jumps 6% but Then Gives Up Gains as Microsoft Accepts Horizon 1; TeraWulf Ticks Up, Cipher Digital Drops 5%Yahoo Finance · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
36No pass
Benjamin Graham
56No pass
Philip Fisher
40No pass
Peter Lynch
18No pass
Joel Greenblatt
69Pass
Charlie Munger
40No pass
Terry Smith
46No pass
Questions about Horizon Technology Finance
Is Horizon Technology Finance a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Horizon Technology Finance AI analysis
What does Horizon Technology Finance do?
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It is in Asset Management.
Does Horizon Technology Finance pay a dividend?
Yes. At today's price the dividend is 29.1% a year, about 255% of its yearly profit. In 2025 it paid out $53.1 million in dividends.
Is Horizon Technology Finance stock halal?
No. Horizon Technology Finance does not pass our halal screen: it was reviewed by hand and does not pass. How we check
How has Horizon Technology Finance stock done over the past year?
Down 44.0% over the past twelve months, to $3.72. It traded between $3.72 and $6.78 and is 45.1% below its high.
Who are Horizon Technology Finance's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Horizon Technology Finance's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.