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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2.42	2.25	2.97	3.47	2.62	1.99
Other Revenue	79.08	90.57	100.29	84.05	69.52	59.71
Revenue	81.5	92.82	103.26	87.53	72.14	61.7
Revenue Growth (YoY)	-18.87%	-10.11%	17.97%	21.32%	16.93%	-8.01%
Gross Profit	81.5	92.82	103.26	87.53	72.14	61.7
Selling, General & Admin	24.36	26.56	29.67	27.31	25.75	23.68
Operating Expenses	24.36	26.56	29.67	27.31	25.75	23.68
Operating Income	57.14	66.26	73.59	60.22	46.39	38.02
Interest Expense	-25.75	-27.9	-29.92	-21.94	-16.59	-13.13
Currency Exchange Gain (Loss)	-0.06	1.17	-0.3	1.57	0.35	0.07
EBT Excluding Unusual Items	31.33	39.53	43.38	39.86	30.15	24.97
Gain (Loss) on Sale of Investments	-26.92	-27.56	-22	-23.15	0.95	7.46
Pretax Income	4.41	11.97	21.38	16.71	31.1	32.43
Income Tax Expense	0.85	1.12	0.97	1.02	1	0.74
Net Income	3.56	10.85	20.41	15.68	30.09	31.69
Net Income to Common	3.56	10.85	20.41	15.68	30.09	31.69
Net Income Growth	-84.42%	-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)	0.15	0.47	0.88	0.68	1.42	1.54
EPS (Diluted)	0.15	0.47	0.88	0.68	1.42	1.54
EPS Growth	-84.42%	-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	0.98%	4.05%	4.23%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	70.11%	71.39%	71.27%	68.80%	64.30%	61.63%
Profit Margin	4.36%	11.69%	19.77%	17.92%	41.71%	51.35%
EBIT	57.14	66.26	73.59	60.22	46.39	38.02
EBIT Margin	70.11%	71.39%	71.27%	68.80%	64.30%	61.63%
Effective Tax Rate	19.34%	9.36%	4.51%	6.13%	3.23%	2.29%
Revenue as Reported	81.5	92.82	103.26	87.53	72.14	61.7

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

SEC Filings: 10-K · 10-Q