WHF, WHFCL · CIK 0001552198 · operating
WhiteHorse Finance, Inc. is a Delaware-incorporated business development company (BDC) that originates and invests in senior secured loans targeting lower middle-market companies. The firm specializes in providing growth capital to established businesses across consumer, healthcare, software, and business services sectors. Its typical investment size ranges from $5 million to $25 million, focusing on portfolio companies with enterprise values between $50 million and $350 million, predominantly located in the United States.
The company's investment portfolio spans diversified industries including broadline retail, office services and supplies, building products, healthcare services and supplies, research and consulting, application software, home furnishings, specialized consumer services, data processing, outsourced services, and cable and satellite operations. As a non-diversified, closed-end management company, WhiteHorse generates revenue primarily through interest income on its loan portfolio and associated fees.
Based in Miami, Florida, and publicly listed on Nasdaq, WhiteHorse operates as a BDC, a regulatory structure that allows the firm to access capital markets while providing debt and equity investments to middle-market companies. The firm's business model centers on sourcing, underwriting, and managing senior secured lending relationships rather than managing third-party assets.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $0.47 | $0.47 | -46.6% | |
| 2023 | $0.88 | $0.88 | +29.4% | |
| 2022 | $0.68 | $0.68 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-07 | 0001558370-25-002455 | SEC ↗ |
| 2023-12-31 | 2024-03-05 | 0001558370-24-002482 | SEC ↗ |
| 2022-12-31 | 2023-03-03 | 0001558370-23-002791 | SEC ↗ |
| 2021-12-31 | 2022-03-04 | 0001558370-22-002859 | SEC ↗ |
| 2020-12-31 | 2021-03-08 | 0001104659-21-033366 | SEC ↗ |
| 2019-12-31 | 2020-03-16 | 0001104659-20-034082 | SEC ↗ |
| 2018-12-31 | 2019-03-14 | 0001144204-19-013990 | SEC ↗ |
| 2017-12-31 | 2018-03-14 | 0001144204-18-014675 | SEC ↗ |
| 2016-12-31 | 2017-03-10 | 0001144204-17-014046 | SEC ↗ |
| 2015-12-31 | 2016-03-15 | 0001144204-16-088188 | SEC ↗ |
| 2014-12-31 | 2015-03-06 | 0001144204-15-014353 | SEC ↗ |
| 2013-12-31 | 2014-03-12 | 0001144204-14-015215 | SEC ↗ |
| 2012-12-31 | 2013-03-05 | 0001193125-13-090585 | SEC ↗ |