WhiteHorse Finance, Inc. (WHF)

WhiteHorse Finance Income Statement

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

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