Health score, price, valuation, risk signals, and key metrics at a glance.
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.
Grade capped at D — Interest coverage below 1× (1.0x) — earnings cannot cover interest. Strongest: Profitability (16/25); weakest: Cash & Earnings Quality (10/25).
Today's multiple positioned against its own trailing range — a visual premium/discount check.
Currently above its 4-quarter median.
Currently near its 13-quarter median.
Data-driven signals worth keeping an eye on across the last 8 quarters
Operating margins declined 13.7% — watch for continued compression, which may signal competitive or cost pressure.
Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.
as of June 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
Currently below its 16-quarter median.
Revenue declined in 5 of the last 7 quarters — persistent contraction signals a fundamental problem.
5 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Shares outstanding increased 77.7% — significant dilution, likely from stock compensation or capital raises.
