
WhiteHorse Finance, Inc. Income Statement 2020-2011 | WHF
Brief overview of revenue and earnings at WhiteHorse Finance, Inc.
The comparison covers a five-year financial horizon. Revenue reported by WhiteHorse Finance, Inc. was $47.1 million at the beginning of the period and $13.3 million at the end. The cumulative result was −71.7%, corresponding to roughly −22.3% per year. Sales followed a declining trajectory over the five years.
The final result was −$2.8 million initially and $0 in the final year. Revenue converted into net income more efficiently.
Market capitalization changed from 145 million dollars to 278 million dollars (+92.1%). The market broadly confirmed the positive direction of the business.
Conclusion
The five-year picture requires weighing both strengths and weaknesses. The strongest signals are net-income growth. The overall view is constrained by limited revenue growth. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement WhiteHorse Finance, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
278 M | 287 M | 287 M | 254 M | 230 M | 145 M | 169 M | 221 M | 224 M | - |
Shares |
20.5 M | 20.5 M | 20.5 M | 19.4 M | 18.3 M | 15.3 M | 15 M | 15 M | 15 M | - |
Net Income |
- | 30.8 M | 57.3 M | 34.4 M | 31.3 M | -2.83 M | 19.5 M | 19 M | 39.6 M | - |
Revenue |
13.3 M | 67.1 M | 63.2 M | 54.8 M | 53.8 M | 47.1 M | 37.5 M | 37.6 M | 40.7 M | - |
EBITDA |
- | 30.5 M | 89.6 M | 42.7 M | 35.6 M | -26.4 M | 22.1 M | 18.8 M | 43.3 M | - |
Operating Expenses |
- | 3.4 M | 4 M | 2.72 M | 2.91 M | 3.47 M | 3.78 M | 3.36 M | 1.06 M | - |
General and Administrative Expenses |
- | 3.8 M | 4.27 M | 2.72 M | 2.9 M | 3.47 M | 4.23 M | 3.36 M | 749 K | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company WhiteHorse Finance, Inc. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.