WhiteHorse Finance, Inc. (WHF)

WhiteHorse Finance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2.08	2.25	2.97	3.47	2.62	1.99
Other Revenue	84.06	90.57	100.29	84.05	69.52	59.71
Revenue	86.14	92.82	103.26	87.53	72.14	61.7
Revenue Growth (YoY)	-16.02%	-10.11%	17.97%	21.32%	16.93%	-8.01%
Gross Profit	86.14	92.82	103.26	87.53	72.14	61.7
Selling, General & Admin	25.19	26.56	29.67	27.31	25.75	23.68
Operating Expenses	25.19	26.56	29.67	27.31	25.75	23.68
Operating Income	60.95	66.26	73.59	60.22	46.39	38.02
Interest Expense	-26.75	-27.9	-29.92	-21.94	-16.59	-13.13
Currency Exchange Gain (Loss)	0.85	1.17	-0.3	1.57	0.35	0.07
EBT Excluding Unusual Items	35.05	39.53	43.38	39.86	30.15	24.97
Gain (Loss) on Sale of Investments	-24.97	-27.56	-22	-23.15	0.95	7.46
Pretax Income	10.08	11.97	21.38	16.71	31.1	32.43
Income Tax Expense	0.93	1.12	0.97	1.02	1	0.74
Net Income	9.15	10.85	20.41	15.68	30.09	31.69
Net Income to Common	9.15	10.85	20.41	15.68	30.09	31.69
Net Income Growth	-51.54%	-46.84%	30.15%	-47.89%	-5.02%	2.74%
Shares Outstanding (Basic)	23	23	23	23	21	21
Shares Outstanding (Diluted)	23	23	23	23	21	21
Shares Change (YoY)	-	-	0.06%	9.83%	2.94%	-
EPS (Basic)	0.39	0.47	0.88	0.68	1.42	1.54
EPS (Diluted)	0.39	0.47	0.88	0.68	1.42	1.54
EPS Growth	-51.54%	-46.84%	30.08%	-52.55%	-7.73%	2.74%
Dividend Per Share	1.540	1.540	1.480	1.420	1.420	1.420
Dividend Growth	1.99%	4.05%	4.23%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	70.76%	71.39%	71.27%	68.80%	64.30%	61.63%
Profit Margin	10.62%	11.69%	19.77%	17.92%	41.71%	51.35%
EBIT	60.95	66.26	73.59	60.22	46.39	38.02
EBIT Margin	70.76%	71.39%	71.27%	68.80%	64.30%	61.63%
Effective Tax Rate	9.27%	9.36%	4.51%	6.13%	3.23%	2.29%
Revenue as Reported	86.14	92.82	103.26	87.53	72.14	61.7

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q