Portman Ridge Finance Corporation
Portman Ridge Finance Corporation (PTMN) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Portman Ridge Finance Corporation (PTMN), covering cash flow, earnings, and balance sheets.
Portman Ridge Finance Corporation (PTMN) Income Statement & Financial Overview
Explore comprehensive income reports for Portman Ridge Finance Corporation PTMN, broken down by year and quarter.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $12.12M | $3.61M | $308000.00 | -$4.97M |
Cost of Revenue | $6.68M | $4.57M | $0.00 | $3.42M |
Gross Profit | $5.43M | -$1.29M | $308000.00 | -$8.38M |
Gross Profit Ratio | $0.45 | -$0.36 | $1.00 | $1.69 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
SG&A Expenses | $539000.00 | $1.57M | $1.41M | $1.44M |
Operating Expenses | $1.09M | $1.57M | $308000.00 | $1.48M |
Total Costs & Expenses | $7.78M | $6.14M | $308000.00 | $4.89M |
Interest Income | $7.62M | $10.24M | $11.71M | $12.22M |
Interest Expense | $4.30M | $4.57M | $5.12M | $5.37M |
Depreciation & Amortization | $0.00 | $0.00 | $0.00 | $0.00 |
EBITDA | $395000.00 | -$2.86M | $0.00 | -$968000.00 |
EBITDA Ratio | $0.03 | -$0.79 | $0.00 | $0.19 |
Operating Income | $4.34M | -$2.86M | -$7.22M | -$929000.00 |
Operating Income Ratio | $0.36 | -$0.79 | -$23.45 | $0.19 |
Other Income/Expenses (Net) | -$8.24M | $0.00 | $5.71M | -$5.44M |
Income Before Tax | -$3.90M | -$2.54M | -$1.51M | -$6.37M |
Income Before Tax Ratio | -$0.32 | -$0.70 | -$4.90 | $1.28 |
Income Tax Expense | $346000.00 | -$316000.00 | $0.00 | $0.00 |
Net Income | -$4.25M | -$2.54M | -$1.51M | -$6.37M |
Net Income Ratio | -$0.35 | -$0.70 | -$4.90 | $1.28 |
EPS | -$0.01 | -$0.27 | -$0.16 | -$0.69 |
Diluted EPS | -$0.01 | -$0.27 | -$0.16 | -$0.69 |
Weighted Avg Shares Outstanding | $9.20M | $9.20M | $9.24M | $9.29M |
Weighted Avg Shares Outstanding (Diluted) | $9.20M | $9.20M | $9.24M | $9.29M |
The company's financials show resilient growth, with revenue advancing from -$4.97M in Q2 2024 to $12.12M in Q1 2025. Gross profit remained healthy with margins at 45% in Q1 2025 compared to 169% in Q2 2024. Operating income hit $4.34M last quarter, sustaining a consistent 36% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $395000.00. Net income dropped to -$4.25M, while earnings per share reached -$0.01. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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