Horizon Technology Finance Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.15
Dividend & YieldN/A$ (N/A)
Beta 1.18
Market capitalization N/A
Operating cash flow -163.17M
ESG Scores unknown

Company description

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries. It seeks to invest in companies in the United States.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -1.59M -1.41M -1.29M -394k
Total Cashflows From Investing Activities
Net Borrowings 26.5M 33.25M 72.62M 179.07M
Total Cash From Financing Activities 56.2M 55.66M 75.52M 229.46M
Change To Operating Activities 148k -1.42M -354k -4.11M
Issuance Of Stock 47.1M 44.61M 30.09M 84.6M
Net Income 19.5M 6.36M 27.78M 21.15M
Change In Cash 4.79M 30.37M -477k -16.82M
Effect Of Exchange Rate
Total Cash From Operating Activities -51.41M -25.28M -75.99M -246.28M
Depreciation
Change To Account Receivables -679k 887k -173k -3.42M
Other Cashflows From Financing Activities -1.81M -890k -2.65M -4.36M
Change To Netincome -69.51M -30.72M -103.04M -261.11M
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 19.74M 6.59M 28.18M 21.87M
Net Income 19.5M 6.36M 27.78M 21.15M
Selling General Administrative 14.09M 15.39M 19.36M 23.09M
Gross Profit 43.12M 46.03M 60.02M 79.19M
Ebit 29.04M 30.64M 40.66M 56.1M
Operating Income 29.04M 30.64M 40.66M 56.1M
Interest Expense -8.33M -9.67M -12.03M -19.2M
Income Tax Expense 239k 222k 401k 715k
Total Revenue 43.12M 46.03M 60.02M 79.19M
Cost Of Revenue
Total Other Income ExpenseNet -9.3M -24.06M -12.47M -34.24M
Net Income From Continuing Ops 19.5M 6.36M 27.78M 21.15M
Net Income Applicable To Common Shares 19.5M 6.36M 27.78M 21.15M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 159.95M 194.56M 268.62M 448.38M
Total Stockholder Equity 184.06M 212.6M 245.34M 318.45M
Other Current Liabilities 4.67M 5.79M 6.37M 9.16M
Total Assets 344M 407.16M 513.96M 766.83M
Common Stock 16k 19k 22k 29k
Other Current Assets 1.13M 1.06M 1.36M 2.79M
Retained Earnings -42.62M -58.71M -56.05M -67.5M
Treasury Stock
Cash 6.46M 19.5M 38.05M 20.61M
Total Current Liabilities 7.9M 8.74M 11.01M 14.3M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 13.13M 25.5M 45.57M 36.97M
Net Tangible Assets 184.06M 212.6M 245.34M 318.45M
Net Receivables 5.53M 4.95M 6.15M 13.57M
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Horizon Technology Finance Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Horizon Technology Finance Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Horizon Technology Finance Corp

Here is the result of two systematic investment strategies applied to Horizon Technology Finance Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Horizon Technology Finance Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Horizon Technology Finance Corp:

Horizon Technology Finance Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.32% on the backtest period.

Performance at glance

Performance

0.32 %

Latent gain

0.83 $

Invested capital

257.77 $

Annualized return

0.5 %
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Momentum strategy results on Horizon Technology Finance Corp

This is the result of two momentum investment strategies applied to Horizon Technology Finance Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Horizon Technology Finance Corp

The following chart shows all the entries opened by the momentum investment system on Horizon Technology Finance Corp:

Horizon Technology Finance Corp momentum entries
  • The first momentum investment strategy would give 0.47% of return on Horizon Technology Finance Corp. That represents 4.83$ of latent gain with 1029.57$ of employed capital.
  • The second momentum investment strategy would give 0.1% of return on Horizon Technology Finance Corp. That represents 0.5$ of latent gain with 516.7$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.47 %

Latent gain

4.83 $

Invested capital

1029.57 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0.1 %

Latent gain

0.5 $

Invested capital

516.7 $

Annualized return

0.62 %

Momentum equity curve on Horizon Technology Finance Corp

The following chart shows the equity curve of the two momentum strategies applied to Horizon Technology Finance Corp:

Horizon Technology Finance Corp momentum equity

Note: the dividends potentially given by Horizon Technology Finance Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Horizon Technology Finance Corp

The following chart shows the employed capital evolution of the two momentum strategies on Horizon Technology Finance Corp since the beginning:

Horizon Technology Finance Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Horizon Technology Finance Corp

Buy the dip entry openings on Horizon Technology Finance Corp

Horizon Technology Finance Corp

The performance achieved by the robo-advisor on Horizon Technology Finance Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Horizon Technology Finance Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Horizon Technology Finance Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Horizon Technology Finance Corp

The following chart shows the result of the investment strategy applied to Horizon Technology Finance Corp:

Horizon Technology Finance Corp

Note: the dividends potentially given by Horizon Technology Finance Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Horizon Technology Finance Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Horizon Technology Finance Corp:

Horizon Technology Finance Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Horizon Technology Finance Corp

In this section, I will compare the three previous investment strategies applied to Horizon Technology Finance Corp.

Equity curve comparison on Horizon Technology Finance Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Horizon Technology Finance Corp investment strategy comparison

Employed capital comparison on Horizon Technology Finance Corp

Horizon Technology Finance Corp investment comparison

Performance comparison on Horizon Technology Finance Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.32% 0.83$ 257.77$ 0.5%
Momentum 1 quarter 0.47% 4.83$ 1029.57$ 1.18%
Momentum 2 quarters 0.1% 0.5$ 516.7$ 0.62%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

0.5 %

Momentum 1Q

0.62 %

Momentum 2Q

0.62 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Horizon Technology Finance Corp:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Horizon Technology Finance Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Horizon Technology Finance Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Horizon Technology Finance Corp
Country United States
City Farmington
Address 312 Farmington Avenue
Phone 860 676 8654
Website
FullTime employees
Industry
Sector
Exchange XNYS
Ticker HTFB
Market www.nyse.com

Horizon Technology Finance Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown