Financials in USD. Standardized financial statements.
A compact view of how WhiteHorse Finance, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $37.89M | $17.09M | $55.60M | $43.29M | $51.95M | $49.14M | $47.71M | $72.90M | $46.98M | $42.42M |
| Revenue Growth? | +121.6% | -69.3% | +28.4% | -16.7% | +5.7% | +3.0% | -34.6% | +55.2% | +10.7% | 0.0% |
| Cost of Revenue? | $18.07M | $0 | $29.91M | $21.94M | $16.59M | $13.13M | $13.47M | $11.60M | $9.81M | $8.19M |
| Gross Profit? | $19.82M | $17.09M | $25.68M | $21.35M | $35.35M | $36.02M | $34.24M | $61.30M | $37.17M | $34.23M |
| Gross Margin? | +52.3% | +100.0% | +46.2% | +49.3% | +68.1% | +73.3% | +71.8% | +84.1% | +79.1% | +80.7% |
| Operating Expenses? | -$18.41M | $5.12M | $4.30M | $4.65M | $4.25M | $3.59M | $2.59M | $3.06M | $10.96M | $7.22M |
| Operating Income? | $38.23M | $11.97M | $21.38M | $16.71M | $31.10M | $32.43M | $31.65M | $58.24M | $26.21M | $27.01M |
| EBITDA? | $37.48M | $11.97M | $21.38M | $16.71M | $31.10M | $32.43M | $31.65M | $58.24M | $26.21M | $27.01M |
| Income Before Tax | $14.34M | $10.85M | $21.38M | $16.71M | $31.10M | $32.43M | $31.65M | $58.24M | $34.45M | $31.33M |
| Income Tax Expense | $0 | $0 | $965,000 | $1.02M | $1.00M | $742,000 | $813,000 | $942,000 | $0 | $0 |
| Net Income? | $14.34M | $10.85M | $20.41M | $15.68M | $30.09M | $31.68M | $30.84M | $57.30M | $34.45M | $31.33M |
| EPS? | $0.62 | $0.47 | $0.88 | $0.68 | $1.42 | $1.54 | $1.50 | $2.79 | $1.77 | $1.71 |
| Diluted EPS? | $0.62 | $0.47 | $0.88 | $0.68 | $1.42 | $1.54 | $1.50 | $2.79 | $1.77 | $1.71 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality