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Horizon Technology Finance (Horizon Technology Finance) Pretax Margin % : 120.21% (As of Dec. 2023)


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What is Horizon Technology Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Horizon Technology Finance's Pre-Tax Income for the three months ended in Dec. 2023 was $-9.71 Mil. Horizon Technology Finance's Revenue for the three months ended in Dec. 2023 was $-8.08 Mil. Therefore, Horizon Technology Finance's pretax margin for the quarter that ended in Dec. 2023 was 120.21%.

The historical rank and industry rank for Horizon Technology Finance's Pretax Margin % or its related term are showing as below:

HRZN' s Pretax Margin % Range Over the Past 10 Years
Min: 63.74   Med: 83.4   Max: 284.25
Current: 158.98


HRZN's Pretax Margin % is ranked better than
93.47% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs HRZN: 158.98

Horizon Technology Finance Pretax Margin % Historical Data

The historical data trend for Horizon Technology Finance's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Horizon Technology Finance Pretax Margin % Chart

Horizon Technology Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.66 63.74 84.72 82.07 159.00

Horizon Technology Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.27 78.06 19.56 112.22 120.21

Competitive Comparison of Horizon Technology Finance's Pretax Margin %

For the Asset Management subindustry, Horizon Technology Finance's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Horizon Technology Finance's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Technology Finance's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Horizon Technology Finance's Pretax Margin % falls into.



Horizon Technology Finance Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Horizon Technology Finance's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-15.695/-9.871
=159.00 %

Horizon Technology Finance's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-9.713/-8.08
=120.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Horizon Technology Finance  (NAS:HRZN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Horizon Technology Finance Pretax Margin % Related Terms

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Horizon Technology Finance (Horizon Technology Finance) Business Description

Traded in Other Exchanges
N/A
Address
312 Farmington Avenue, Farmington, CT, USA, 06032
Horizon Technology Finance Corp is a specialty finance company. Its investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and sustainability industries.
Executives
Michael Balkin director C/O FORESIGHT ACQUISITION CORP., 233 N. MICHIGAN AVE., SUITE 1410, CHICAGO IL 60601
Jonathan Joseph Goodman director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Kimberley Ann O'connor director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Dombrowski Lynn Denise Murray officer: Chief Accounting Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Gerald A. Michaud director, officer: President 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Pomeroy Robert D. Jr. director, officer: Chief Executive Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Daniel R. Trolio officer: CFO 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Edmund V. Mahoney director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Joseph J Savage director WEBSTER FINANCIAL CORP, 145 BANK ST, WATERBURY CT 06702
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Diane Earle officer: Chief Credit Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Christopher M. Mathieu officer: SVP, CFO and Treasurer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Christopher B. Woodward director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Compass Group Investments, Ltd. 10 percent owner BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
David P. Swanson director 312 FARMINGTON AVENUE, FARMINGTON CT 06032