Income statement
USD
Annual
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 38M | 17M | 56M | 43M | 52M |
| Gross Profit | 20M | 17M | 26M | 21M | 35M |
| Operating Income | 38M | 12M | 21M | 17M | 31M |
| EBITDA | 37M | 12M | 21M | 17M | 31M |
| Net Income | 14M | 11M | 20M | 16M | 30M |
| EPS (Diluted) | — | — | — | — | — |
Financial Services
Live Price
Offline$25.29
-0.28% today
1Y Change
+0.60%
Window
Jun 23, 2025 → Jun 18, 2026
Coverage: 249 bars · Jun 23, 2025 → Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) is a Financial Services stock with a market cap of $170.00M and listed on NASDAQ. The stock last traded around $25.29 and up 0.6% across the available one-year price window (Jun 23, 2025 → Jun 18, 2026). Baseline metrics include revenue growth of +121.6%, EPS growth of +31.9%, a dividend yield of 17.3%. What stands out right now is revenue +121.6%, EPS +31.9%, free cash flow -75.5% with operating margin 58.3% and ROIC 4.2%. The dividend matters to the case here, with a current yield around 17.3%. Valuation is more restrained than many high-expectation growth names at P/E 12.3 and price/sales 3.9. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines WHFCL price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
WHFCL
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
WHFCL Max Drawdown
-2.34%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for WHFCL and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$51.9M
+20.0% YoY
FY Net Income
$30.1M
+91.9% YoY
Free Cash Flow
$30.3M
+4.6% YoY
Revenue Growth
+121.6%
EPS Growth
+31.9%
Gross Margin
45.4%
Net Margin
32.9%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 38M | 17M | 56M | 43M | 52M |
| Gross Profit | 20M | 17M | 26M | 21M | 35M |
| Operating Income | 38M | 12M | 21M | 17M | 31M |
| EBITDA | 37M | 12M | 21M | 17M | 31M |
| Net Income | 14M | 11M | 20M | 16M | 30M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 29M | 12M | 11M | 10M | 12M |
| Total Assets | 615M | 677M | 731M | 796M | 851M |
| Total Liabilities | 355M | 391M | 414M | 464M | 501M |
| Shareholder Equity | 260M | 286M | 317M | 332M | 350M |
| Total Debt | 324M | 353M | 386M | 440M | 476M |
| Net Debt | 295M | 341M | 376M | 431M | 464M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
30M
+4.6% YoY
Capital Expenditures
0
Free Cash Flow
30M
+4.6% YoY
Key ratios
Gross Margin
45.4%
Operating Margin
58.3%
Net Margin
32.9%
ROE
5.3%
Debt / Equity
1.25x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.