Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
HRZN
HoldUnloved QualityHorizon Technology Finance Corporation · Financial Services · United States · $315M · Avg Vol: $4M/d
COMPANY DESCRIPTION
Horizon Technology Finance Corporation is a specialty finance company that provides venture debt and other forms of structured debt financing to venture capital-backed technology, life science, and sustainability companies. It differentiates itself by providing flexible, non-dilutive capital solutions to high-growth, innovative companies that often lack access to traditional bank financing. Horizon operates as a business development company (BDC), offering investors exposure to the venture capital ecosystem through its specialized lending niche.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.6M | -9.9M | 1.7M | 7.2M | -35.3% | 96.1M | 7.5M | 8.7M | 9.5% |
| EPS | 0.35 | -0.27 | -0.16 | -0.06 | — | 0.37 | 0.67 | 0.74 | 16.1% |
| Shares | 68.3M | 68.3M | 39.9M | 45.6M | -33.2% | — | — | — | — |
| Debt | 434.1M | 462.2M | 467.9M | 473.0M | 2.9% | 402.4M | — | — | — |
| Equity | 318.4M | 324.0M | 336.2M | 318.5M | 0.0% | — | — | — | — |
| Op CF | -246.3M | -5.3M | 3.9M | 56.6M | 1338.4% | 101.6M | — | — | — |
| Inv CF | — | — | — | — | — | — | — | — | — |
| Fin CF | 229.5M | 50.5M | 21.2M | -14.8M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of HRZN are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| HRZN | Horizon Technology Finance Corporation(you) | $315M | 61 | Hold |
| RWAY | Runway Growth Finance Corp. | $276M | 62 | Hold |
| CION | CION Investment Corporation | $363M | 62 | Hold |
| ERC | Allspring Multi-Sector Income Fund | $260M | 62 | Hold |
| ZTR | Virtus Global Dividend & Income Fund Inc. | $342M | 58 | Hold |
| PPT | Franklin Premier Income Trust | $323M | 55 | Hold |
| SPXX | Nuveen S&P 500 Dynamic Overwrite Fund | $346M | 57 | Hold |
| BGT | BlackRock Floating Rate Income Trust | $331M | 55 | Hold |
| EOD | Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund | $288M | 56 | Hold |
| SCD | LMP Capital and Income Fund Inc. | $359M | 57 | Hold |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%