PFX

PhenixFIN Q1 Earnings Down

(RTTNews) - PhenixFIN Corp. (PFX, PFXNZ), Friday announced a decline in first-quarter earnings per share, compared to the prior year.

In the pre-market hours, shares are down 0.92 percent.

Net investment income for the quarter was $1.6 million, while total net expenses were $4.6 million. The earnings per share was $1.22, down from $2.19 last year.

PhenixFIN recorded a net realized gain of $1.2 million and a net unrealized loss of $0.3 million.

The net asset value, as of December 31, 2024, was $162.8 million, or $80.59 per share.

The Board declared a special dividend of $1.43 per share to be paid on February 18, 2025, to stockholders of record as of February 17, 2025.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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