Horizon Technology Finance Corporation (HRZN)

HRZN Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-3.86	-17.19	21.15	27.78	6.36	19.5
Other Amortization	1.69	1.85	1.6	1.09	1.02	0.73
Loss (Gain) From Sale of Investments	56.08	78.48	15.04	0.04	14.39	0.97
Loss (Gain) on Equity Investments	-	-	-	-	-0.12	-1.52
Other Operating Activities	-7.4	-63.78	-276.14	-103.09	-44.99	-68.96
Change in Accounts Receivable	-0.49	1.77	-3.42	-0.17	0.89	-0.68
Change in Unearned Revenue	-3.46	-3.7	-0.39	-1.3	-1.41	-1.59
Change in Other Net Operating Assets	-1.26	-2.7	-4.11	-0.35	-1.42	0.15
Operating Cash Flow	41.3	-5.26	-246.28	-75.99	-25.28	-51.41
Long-Term Debt Issued	-	104.25	356.5	184.5	80.25	151.5
Long-Term Debt Repaid	-	-77.57	-177.43	-111.88	-47	-125
Net Debt Issued (Repaid)	-2.73	26.68	179.07	72.63	33.25	26.5
Issuance of Common Stock	47.59	65.09	84.6	30.09	44.61	47.1
Common Dividends Paid	-46.29	-40.52	-29.85	-24.55	-21.32	-15.59
Other Financing Activities	-3.34	-0.74	-4.36	-2.65	-0.89	-1.81
Financing Cash Flow	-4.76	50.51	229.46	75.52	55.66	56.2
Net Cash Flow	36.54	45.26	-16.82	-0.48	30.37	4.79
Free Cash Flow	41.3	-5.26	-246.28	-75.99	-25.28	-51.41
Free Cash Flow Margin	39.50%	-4.63%	-310.99%	-126.62%	-54.92%	-119.20%
Free Cash Flow Per Share	1.19	-0.17	-9.96	-3.79	-1.44	-3.81
Cash Interest Paid	26.88	26.88	17.03	10.71	8.59	7.67
Levered Free Cash Flow	35.03	42.82	19.11	19.74	15.63	13.23
Unlevered Free Cash Flow	53.09	59.08	29.51	26.17	20.66	17.71
Change in Net Working Capital	0.68	-1.63	5.56	-0.76	-1.51	0.44

Source: S&P Capital IQ. Standard template. Financial Sources.