WhiteHorse Finance, Inc. (WHF)

WhiteHorse Finance Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	62.9	76.33	87.98	74.02	63.15
Net Interest Income Growth	-17.60%	-13.24%	18.87%	17.20%	11.51%
Non-Interest Income	9.78	16.48	15.28	12.79	8.99
Non-Interest Income Growth	-40.70%	7.89%	19.50%	42.21%	77.51%
Revenues Before Loan Losses	72.67	92.82	103.26	87.53	72.14
Revenue	72.67	92.82	103.26	87.53	72.14
Revenue Growth (YoY)	-21.70%	-10.11%	17.97%	21.32%	16.93%
Compensation Expenses	17.59	21.44	25.36	22.66	21.5
Selling, General & Admin	5.37	5.12	4.31	4.65	4.26
Other Non-Interest Expenses	23.14	27.9	29.92	21.94	16.59
Total Non-Interest Expense	45.9	54.46	59.58	49.25	42.35
Pretax Income	26.77	38.36	43.68	38.28	29.8
Provision for Income Taxes	0.66	1.12	0.97	1.02	1
Net Income	14.34	10.85	20.41	15.68	30.09
Earnings From Discontinued Operations	-11.77	-26.39	-22.3	-21.58	1.3
Net Income to Common	14.34	10.85	20.41	15.68	30.09
Net Income Growth	32.13%	-46.84%	30.15%	-47.89%	-5.02%
Shares Outstanding (Basic)	23	23	23	23	21
Shares Outstanding (Diluted)	23	23	23	23	21
Shares Change (YoY)	-0.29%	-	0.06%	9.83%	2.94%
EPS (Basic)	0.62	0.47	0.88	0.68	1.42
EPS (Diluted)	0.62	0.47	0.88	0.68	1.42
EPS Growth	31.91%	-46.59%	29.41%	-52.11%	-8.39%
Shares Outstanding	22.23	23.24	23.24	23.24	23.15
Free Cash Flow	77.27	78.76	90.37	71.99	-90.19
Free Cash Flow Growth	-1.89%	-12.85%	25.52%	-	-
Free Cash Flow Per Share	3.33	3.39	3.89	3.10	-4.26
Dividends Per Share	1.405	1.540	1.480	1.420	1.420
Dividend Growth	-8.77%	4.05%	4.23%	-	-
Profit Margin	35.93%	40.12%	41.36%	42.57%	39.91%
FCF Margin	106.33%	84.85%	87.52%	82.25%	-125.02%
Effective Tax Rate	2.47%	2.92%	2.21%	2.67%	3.37%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q